Engineering Procurement and Construction (EPC) Contracts for Energy Industry

An Interactive 5-Day Training Course

Engineering Procurement and Construction (EPC) Contracts for Energy Industry

Skills and Strategies for Successful EPC Contracts

NASBA
Classroom Schedule
Date Venue Fees
13 - 17 Apr 2026 Dubai $ 5,950
07 - 11 Sep 2026 Dubai $ 5,950
Online Schedule
07 - 11 Sep 2026 Online $ 3,950

Introduction

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 GLOMACS Engineering Procurement and Construction (EPC) Contracts for Energy Industry 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.

Objectives

The 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

Training Methodology

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.Training methodology includes interactive session with role playing, case studies, discussion groups and scenario building and the high- point of the training 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 training 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

Who should Attend?

This GLOMACS Engineering Procurement and Construction (EPC) Contracts for Energy Industry 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
Course Outline
Day 1

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 2

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 3

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 4

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
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

Frequently Asked Question:

GLOMACS offers both online andperson training options. You can choose from interactive virtual sessions or attend one of our globally locatedperson training courses. The flexibility ensures that learning fits your schedule and preferences.
Yes, GLOMACS provides customized training solutions tailored to meet the specific needs of organizations. We work closely with companies to design bespoke training courses that address their unique challenges and objectives.
Our courses are structured to provide a balanced mix of theory and practical application. They typically include presentations, case studies, group discussions,on activities, and interactive Q&A sessions to maximize learning outcomes.
For detailed information about specific courses, including course content, schedules, and instructors, you can visit our website or contact our customer service team. They will be happy to provide all the information you need to make an informed decision.
You can register for a GLOMACS training course by visiting our website, selecting the course of your choice, and following the simple registration process. You can also contact our support team for assistance with the registration process.
Attending a GLOMACS training course offers numerous benefits, including enhanced professional skills, increased employability,recognized certification, networking opportunities with peers and experts, and the chance to apply practical knowledge directly to your workplace.
GLOMACS is a globally recognized leader in professional training and development, with a reputation for deliveringquality,driven training courses. We offer a broad spectrum of training courses taught by expert trainers, flexible delivery options (both online andperson), and accredited certifications that add real value to your career.

Yes, upon successful completion of any of our training courses, GLOMACS Certificate will be awarded to the delegates. This certificate is a valuable addition to your professional portfolio and is recognized across various industries.

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