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

Course Info

Length: 7 Days

Type: Online

Available Dates

Fees

  • Jan-13-2025

    2,400

  • Feb-10-2025

    2,400

  • Mar-10-2025

    2,400

  • Apr-14-2025

    2,400

  • May-12-2025

    2,400

  • June-16-2025

    2,400

  • July-14-2025

    2,400

  • Aug-11-2025

    2,400

  • Sep-08-2025

    2,400

  • Oct-13-2025

    2,400

  • Nov-10-2025

    2,400

  • Dec-08-2025

    2,400

Course Details

Course Outline

7 days course

Global Energy Market and Energy Contracts


  • Overview of structure and key players in global energy markets
  • Defining energy contracts and their purpose 
  • Exploring the main types and components of energy contracts 
  • Discovering the lifecycle of energy contracts
  • Analyzing the impact of future trends and technological advancements in energy contracts

Energy Industry Risk Management 


  • Describing types of risks in the energy industry: 


  • Market Risks 
  • Credit Risks
  • Operational Risks
  • Regulatory Risk


  • Recognizing the process of risk assessment in energy contracts 
  • Exploring risk assessment techniques and tools
  • Discussing risk mitigation strategies to minimize the impact of risks in the energy industry 
  • Case studies and real-world examples

Energy Contract Analysis: Upstream and Downstream Contracts 


  • Distinguishing between upstream and downstream contracts 
  • Describing types of upstream energy contracts:


  • Exploration Contract
  • Production Contract
  • Drilling Contract
  • Describing types of downstream energy contracts: 
  • Refining Contracts
  • Distribution Contracts
  • Retail Contracts 


  • Determining and analyzing key clauses and common issues in energy contracts 
  • Case studies and real-world examples

Strategic Procurement


  • Understanding strategic procurement: Definition, purpose and history  
  • Determining the role of strategic procurement in driving organizational growth 
  • Overview of strategic procurement process and its cycle stages 
  • Describing the main components of procurement planning: 


  • Needs identification 
  • Market research 
  • Budgeting 


  • Definition of sustainable procurement and the impact of digitalization on strategic procurement

Supplier Management and Vendor Relationship Building


  • Exploring the methodology and criteria for identifying and selecting suppliers 
  • Techniques for developing and maintaining supplier relationships:


  • Communication 
  • Performance monitoring 
  • Dispute resolution 


  • Discussing the way of improving supplier performance through development and governance 
  • Exploring tools and techniques to identify and manage supplier risk 
  • Case studies and real-world examples

Strategic Sourcing and Category Management


  • Defining strategic sourcing and its benefits 
  • Describing the process of strategic sourcing 
  • Understanding category management strategy in procurement 
  • Discussing the role of cross-functional teams in strategic sourcing and category management 
  • Determining the role of market intelligence in strategic sourcing and category management

Negotiation and Contract Management 


  • Introduction to the principles of contract negotiation: 


  • Preparing negotiations
  • Conducting negotiations 
  • Closing negotiations  


  • Exploring techniques and strategies for effective negotiation of contractual clauses 
  • Strategies and best practices for effective management of contacts 
  • Discussing conflict resolution strategies in contract management 
  • Case studies and real-world examples 
  • Course review and certification delivery