Local Content Management within the Oil and Gas Industry

Local Content refers to the development of local skills, the transfer of oil and gas technology, and the use of local labor and native manufacturing. The business benefits of developing the first components of an area content strategy, such as building a local workforce and supplier capacity, integrating local content with business plans, and successfully monitoring the programs, will be discussed in this Local Content Management within the Oil and Gas Industry training course. You'll gain practical insight into what works best for your region, whether you're developing your policy now or want to proportion your local content models.

This training will prepare you to understand and deliver local content in the context of oil and gas projects. It aims to help you build the local workforce and supplier capacity, as well as implement and sustain successful local content strategic plans. Furthermore, the training will provide oil and gas companies with practical advice on how to realize the potential value of local content, as well as suggestions for all stakeholders on how to help create shared value through local content development.

This training course will highlight:

• Key factors within the local content provisions

• Exploring a variety of themes, including skills development programs and native content performance management

• Identify and assess the impact of local content provisions over the execution of an oil field development project

• Participate in the elaboration of an area content management plan

• Negotiation of local content provisions applicable to a given contractual context

Course Objectives of Local Content Management within the Oil and Gas Industry

This training course will enhance your ability to spot, determine and manage local content strategies within the oil and gas business. it'll boost your skills in mastering the implications of local content provisions over the execution of an oil field development project, mainly in terms of procurement and personnel management.

At the top of this training course, you'll learn to:

• Identify the key factors within the local content provisions applicable to a given contractual context, and assess their impact over the execution of an oil field development project
• Participate in the development and implementation of local content strategy and execution of an area content management plan, participate during a procurement contract tendering, negotiation and follow-up, take under consideration the impacts of local provisions on workforce management
• Manage local content regulations and requirements in key oil and gas-producing nations around the world
• Understand the newest updates to local content calculation methodology and its impact on your projects and planning
• Participate in the elaboration of an area content management plan
• Learn the way to significantly improve your management of local content internally and across your supplier base

Course Methodology of Local Content Management within the Oil and Gas Industry

In this Local Content Management within the Oil and Gas Industry training course, our expert presenter draws on practical experience and extensive discussion with policy makers, ministers, law officers, private sector contractors round the world. This GLOMACS training course blends presentations with practical case studies and interactive exercises to make sure that participants have ample opportunity to debate, challenge and understand the key principles in Local Content Management within the Oil and Gas Industry

Organizational Impact of Local Content Management within the Oil and Gas Industry

Success is often learned, and failures are often avoided, by examining others' experiences. Throughout this training course, we draw on practical samples of best practice and well-documented failures to maximize your team's chances of success. Through practical examples, open discussion, and interactive exercises, your team can gain the talents and confidence to affect Local Content Management within the Oil and Gas Industry within your organization.

Personal Impact of Local Content Management within the Oil and Gas Industry

Your team members will learn and have the chance to practice techniques for:

• Evaluating key elements of local content between regulations, industrial policy, commercial interests, and sustainable development
• State of play on local content regulations around the world including Brazil, Nigeria, Kazakhstan, Indonesia, Australia, and China amongst others
• Formulating contracting strategies that match local capabilities
• Simulated tender evolution of local content
• The mechanics of local content
• Reviewing and setting metrics for measuring and reporting Local Content Performance