Posts Tagged ‘epc’
Managing International EPC Contracts in Oil and Gas Industry
Why Choose this Training Course As the International Oil and Gas industry matures; competition has intensified as organisations seek different ways in which to achieve a sustainable competitive advantage. One response to this has been to adopt a form of ‘risk transfer’ via outsourcing to make another party the ‘bearer’ of risk –i.e. appointing a…
Read MoreManaging International EPC Contracts in Oil and Gas Industry
Why Choose this Training Course As the International Oil and Gas industry matures; competition has intensified as organisations seek different ways in which to achieve a sustainable competitive advantage. One response to this has been to adopt a form of ‘risk transfer’ via outsourcing to make another party the ‘bearer’ of risk –i.e. appointing a…
Read MoreManaging International EPC Contracts in Oil and Gas Industry
Why Choose this Training Course As the International Oil and Gas industry matures; competition has intensified as organisations seek different ways in which to achieve a sustainable competitive advantage. One response to this has been to adopt a form of ‘risk transfer’ via outsourcing to make another party the ‘bearer’ of risk –i.e. appointing a…
Read More5 Features of EPC contracts
Estimated reading time: 3 minutes EPC contracts are the most common form of contract used to undertake construction works of large scale and complex infrastructure projects in the global power industry. Under an EPC contract, a contractor is obliged to deliver the complete facility to a developer who needs to only turn a key to…
Read MoreWhat is the Contractual Structure of EPC Contracts?
Estimated reading time: 7 minutes EPC (Engineering, Procurement and Construction) contracts is a common form of contracting agreement found in the Construction and Oil and Gas industry. The engineering and construction contractor will carry out the detailed engineering design of the project, procure all the equipment and materials necessary and lastly construct to deliver a…
Read MoreUnderstanding Costings in EPC Contracts
Estimated reading time: 4 minutes As global demand for power generation continues to grow, there is a growing shift in both the pricing and costing methodologies employed by turnkey contractors. This is largely due to the client or owner wishing to ensure that all (or most) of the risk exposure is to be…
Read More5 Best Practices for Negotiating EPC Contracts
Estimated reading time: 5 minutes When managing Engineering, Procurement and Construction (EPC) contracts, it is important to be able to negotiate effectively through taking measurable steps to improve your negotiating position to have the upper hand. Especially for EPC contracts, where projects are complex and huge in scale, achieving optimal results requires a well-prepared comprehensive…
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