Comprehensive Energy and Procurement Management: Strategies, Contracts, and Future Trends training course

Available Dates

Venue

Dec-30-2024

Kuala Lumpur
Dec-30-2024

Istanbul
Dec-30-2024

Dubai
Jan-20-2025

Dubai
Feb-17-2025

London
Mar-24-2025

Kuala Lumpur
Mar-24-2025

Istanbul
Mar-24-2025

Paris
Mar-24-2025

Barcelona
Mar-24-2025

Amsterdam
Mar-24-2025

Singapore
Mar-24-2025

Dubai
Apr-21-2025

London
May-19-2025

Dubai
June-23-2025

Barcelona
June-23-2025

London
June-23-2025

Singapore
June-23-2025

Istanbul
June-23-2025

Amsterdam
June-23-2025

Paris
June-23-2025

Kuala Lumpur
July-21-2025

Dubai
Aug-18-2025

London
Sep-22-2025

Paris
Sep-22-2025

Barcelona
Sep-22-2025

Amsterdam
Sep-22-2025

Dubai
Sep-22-2025

Singapore
Sep-22-2025

Istanbul
Sep-22-2025

Kuala Lumpur
Oct-20-2025

London
Nov-17-2025

Dubai
Dec-22-2025

London
Dec-22-2025

Barcelona
Dec-22-2025

Istanbul
Dec-22-2025

Singapore
Dec-22-2025

Paris
Dec-22-2025

Kuala Lumpur
Dec-22-2025

Amsterdam

Course Details

The global energy market is increasingly complex, with a multitude of factors influencing both the creation and management of energy contracts. As the industry continues to evolve, professionals involved in energy procurement, contract management, and strategic sourcing must stay abreast of the latest trends and challenges.

This course offers an in-depth exploration of the global energy market, covering the full spectrum of energy contracts from upstream to downstream operations, while emphasising the critical role of strategic procurement and supplier management. Participants will gain a thorough understanding of the risks inherent in the energy industry, along with the tools and techniques necessary for effective risk management.

Additionally, the course delves into advanced negotiation strategies and the future trends reshaping the energy sector. Through comprehensive modules enriched with real-world case studies, attendees will acquire the skills to navigate energy contracts and procurement complexities in today's dynamic environment.

By the end of this course, participants will be equipped with a comprehensive understanding of the complexities and strategic elements within global energy markets, including the nuances of energy contracts and risk management:

Comprehend the structure and dynamics of global energy markets and the role of energy contracts.
Identify and manage various types of risks in the energy industry.
Analyze upstream and downstream energy contracts with a focus on critical clauses.
Navigate the contract lifecycle and address negotiation challenges effectively.
Implement strategic procurement practices aligned with organizational growth.
Develop advanced negotiation and contract management skills.
Anticipate and adapt to future trends in strategic procurement.
Apply insights from case studies to real-world scenarios in the energy sector.

This course is ideal for professionals looking to deepen their expertise in global energy markets and strategic procurement, including:

Energy Managers
Contract Managers
Procurement Specialists
Risk Management Professionals
Legal Advisors in the Energy Sector
Strategic Sourcing Professionals
Supply Chain Managers
Financial Analysts
Project Managers in Energy Industries
Consultants in Energy and Procurement

Course Outline

10 days course

Day 1

Day 2

Day 3

Day 4

Day 5

Day 6

Day 7

Day 8

Day 9

Day 10

Global Energy Market & energy contracts

Overview of Structure & Key Players in Global Energy Markets
What are Energy Contracts, Why They Exist and What Are Their Key Components
Contract Lifecycle: From Conception To Completion
Case studies and real-world examples

Energy Industry Risk Management

The risks of the energy industry: Market, Credit and Operational Risks under Regulatory Risk.
Introduction to Risk Assessment Techniques: Means and Tools for Risk Identification and Evaluation
Precautionary measures: The types of risks the energy sector can be reduced through different mean.
Case studies and real-world examples

Energy contract analysis for energy, both upstream and downstream

What Are Upstream Energy Contracts: Exploration, Production and Drilling Contract
If you want to learn about other types of energy contracts, see: Downstream Energy Contracts – Refining / Distribution and Retail
Energy Contracts: Critical Clauses, Potential Pitfalls & Solutions
Case studies and real-world examples

Contract Lifecycle and Contractual Clauses negotiation issues

General Problems and Solutions in Identifying Key Issues during a Contract Life Cycle
Here we see that the qualities of a negotiation technique are demonstrable by achieving an acceptable balance in the other consideration, contractual clauses.
The clear wording and interpretation of contr

Contract Management, negotiation mistakes, and the way forward

Contract Negotiation Process: A few thing to keep out for and how not commit them.
How changes in technology and regulation will reshape energy contracts.
The Energy Contracting Skills of the Future
Case studies and real-world examples

Strategic Procurement

What is Strategic Procurement What it is, why its vital and how its changed.
Strategic procurement as key to organizational growth
Alignment of procurement strategy with corporate strategy
Strategic procurement"From assessment to contract management
Case studies and real-world examples

Supplier Management & Vendor Relationship Building

The ways we identify and select suppliers: Criteria, strategy
The development and maintenance of supplier relationships: communications, performance monitoring, error resolution.
Improve supplier performance through development and governance
Risk assessment, mitigation reinforcing: Supplier Legitimacy control

Strategic Sourcing and Category Management.

Strategic Sourcing Definition, Process and Benefits
Category Management in Procurement: Strategy, Advantages and Challenges.
Strategic sourcing and category-management cross-functional teams
Role of market intelligence in strategic sourcing and category management.

Negotiation and Contract Management

Negotiation strategies in procurement: Preparation, techniques, and closing.
Developing and managing contracts: Types of contracts, key components, and legal considerations.
Performance-based contracting: Objectives, implementation, and challenges.
Conflict resolution in contract management: Techniques and best practices.
Case studies and real-world examples

Future Trends in Strategic Procurement

Impact of digitalization on strategic procurement: Automation, AI, and blockchain.
Sustainable procurement: Strategies, benefits, and challenges.
Skills for the future: Essential competencies for strategic procurement professionals.
Developing a strategic procurement plan: Steps, considerations, and presentation.
Case studies and real-world examples
Course review and certification delivery.

Comprehensive Energy and Procurement Management: Strategies, Contracts, and Future Trends

Course Info

Course Details

Course Outline

Search Course

Related Courses