An Intensive 5-day Training Course
Engineering Procurement and
Construction (EPC) Contracts for Energy Industry
Skills and Strategies for Successful EPC Contracts
Scheduled Dates
Classroom
| 13 - 17 Apr 2026 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 07 - 11 Sep 2026 | Dubai - UAE | $5,950 | RESERVE A SEAT |
Online
| 07 - 11 Sep 2026 | Online | $3,950 | RESERVE A SEAT |
Would an alternative date be more suitable?
We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.
Why Choose this Training Course?
For complex energy related projects including power plant projects, the preferred contract module used is normally the EPC (Engineering, Procurement, Construction) or EPCIC (Engineering, Procurement, Construction, Installation & Commissioning ) Contracts.
Though it is the preferred method it is not without its issues and mastering the ins and outs of the EPCIC contracts will prove to be a worthwhile endeavour in mitigating risks and liabilities that are likely to arise in these contracts.
EPCIC contracts are uniquely challenging and parties who are currently involved or will be involved in these types of contracts which are mainly large and complex and often fast-track must find ways to reduce potential financial losses through effective contract negotiation, drafting, and management.
Mastering the contractual clauses will give you the know-how to effectively implement EPC & EPCIC contracts to ensure a successful project.
This training course is specifically designed to address the key issues as it relates to all the parties involved in the contract. It give you the best approach on how to allocate and manage risks, liabilities, Force Majuere events. You will learn effective contracting strategies for successful EPCIC project delivery.
What are the Goals?
The PetroKnowledge Engineering Procurement and Construction (EPC) Contracts for Energy Industry training course seeks to ensure that the participants will:
- Be skilled in EPC contract negotiation and administration
- Be part of a team able to manage risks in EPCIC contract
- Better execution and project management to minimize risk delay and costs over-runs
- Safeguard the projects essentials and maintain contractor relationships for long term success and efficiency
- Achieve the project goals in line with company’s overall objectives
Who is this Training Course for?
This training course is suitable for a wide range of profession, but will greatly benefit:
- Contract/Project Professionals
- Commercial Contract Professionals
- Commercial Operation Professionals
- Contract Engineers
- Procurement Supply Chain Professionals
- Risk Manager/Contract Risk professionals
How will this Training Course be Presented?
The participants to this training course will receive a thorough training on the subjects covered by the seminar outline with the Trainer utilising a variety of proven learning teaching and facilitation techniques. Seminar methodology includes interactive session with role playing, case studies, discussion groups and scenario building and the high- point of the course being a simulation exercise of an EPCIC contract negotiation involving interactive role play by the participants.
This training course will provide the participants an ideal opportunity to improve and sharpen their skill sets in planning, negotiating and managing EPC contracts.
Organisational Impact
EPC contracts is the preferred contract module for major complex projects in the energy sector. Your organisation will benefit from this course by :
- Gaining expertise and improving knowledge and skill sets of personnel dealing with EPC contracts on its essential terms and conditions
- Knowledge of EPC contracts to work out best contract strategies
- Understand the risk factors in EPC and how to mitigate them before they affect profits and bottom lines
- Enhancing internal capacity to manage key contractual risks
- Better managing claims and disputes and avoiding adversarial approaches
- Enhancing contract personnel negotiation skills
Personal Impact
The participants will gain by attending this training course, as a result of:
- Appreciating the terms and conditions of EPC contracts
- Managing and mitigating risks associated with EPCIC contracts
- Ensuring smooth contract administration
- Dealing with critical issues involved with contract completion
- Choosing most appropriate form of dispute resolution
- Enhancing your ability to negotiate and manage claims and disputes with confidence
Daily Agenda
Day One: MAIN CHARACTERISTICS OF EPC CONTRACTS FOR ENERGY PROJECTS
- Understanding EPC role matrix and contract structure
- Maximizing parties rights and interests with appropriate contracting strategy
- EPC Contractor’s single point of responsibility
- Split contract structure
- Fixed Contracts Price and Milestone Payment Terms
- Fixed Completion Date
IDENTIFYING EPC PROJECT RISKS IN CURRENT MARKET CONDITIONS
- Roles & Responsibilities of Parties during contract period
- Assessing risks in times in a challenging economy
- Assessing how risks have been changed by current challenges in the economy
- Project Contracting Trends
- Overcoming Business, Operational, and Project Risk
- Are Projects Prepared for Market Risks
- How to contract out project risk and optimize value Chains in EPC Contracts?
IMPORTANCE OF TENDER PROCESS IN AN EPC CONTRACT
- Legal, Technical and Commercial Pre-Qualification of tenderers
- Best practices in tender evaluations and selection of tenderer
- Important of scope of work and specifications
- Use of Standard Terms and Conditions
- Exceptions: What to accept and What to deny
- Finalizing tender negotiations & award
- Letter of Intent/Letter of Award: Essential Terms and Legal Effects
- Discussion & Analysis of different tendering & contracting strategies
Day Two: KEY CONTRACTUAL TERMS OF EPC CONTRACTS
- Identifying critical issues in the project life-cycle
- Managing cost impact clauses like delay, price fluctuations
- Indemnities and Liabilities
- Force Majeure & Limiting events of Force Majeure
- MAC Clauses
- HSE Liabilities
- Changes in Law and regulations in host country & stabilization clauses
- Political Risk Insurance
- Termination for cause and for convenience
- Discussion of Case Study on FIDIC EPC Contract
Day Three: RISK MANAGEMENT ISSUES EMPLOYER & CONTRACTORS RISK
- Contracting Out Risk & Optimizing Value Chains
- Design, Technology, & Process Risk
- Procurement & Specification risk
- Variations and Cost Impact
- Payment and Multi- currency Contracts
- Delay and Liquidated Damages
- Completion and Testing & Effects of Acceptance
- Passing of Risk on Completion
- Claims management & the rights and remedies available to the parties
- Liability, Indemnities, and Insurance Coverage
Day Four: CONTRACT COMPLETION – CRITICAL ISSUES
- Date of Completion
- Acceptance of punch list of defects - What is the effect?
- Passing of Tile and Risk: Safety & Insurance
- Warranties and Guarantees
- Passing of Intellectual Property rights
- Defects: Exculpatory Clauses
- Defects Liability period, Contract Claims, and Employer Remedies
- Termination of Contract: Rightful & Wrongful Termination
Day Five: CONTRACT NEGOTIATION & DISPUTE RESOLUTION
- Acquiring Negotiation Skills
- Reviewing the Harvard Law School Points on Negotiation Skills
- Key roles and responsibilities of the negotiating team
- Identifying key success bargaining positions
- Concluding Negotiations
- Dealing with Disputes: Choosing the Best Disputes Resolution Process
- Should you Mediate or Arbitrate
- Costs and other Considerations
- Inter-active Session on Negotiation Skills
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
In Association With
Frequently Asked Questions
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
Pre-Course Cancellation
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees.
Refund Policy Disclaimer
All course bookings made through PetroKnowledge are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.
PetroKnowledge reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.
If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
For corporate fees and group registration, please send your query to [email protected].
