Search for a Glomacs Course by Keywords
Date | Venue | Fees | |
---|---|---|---|
25 - 29 Sep 2023 | Dubai - UAE | $5,950 | |
19 - 23 Feb 2024 | London - UK | $5,950 |
Risk and insurance aspects are components spelt out in energy project contract documents. In most energy projects, the contracts will carry specific clauses that spell out the need for insurances to be arranged for the project, equipment, and protection against third-party claims. Indemnity must be procured to protect the employer or client. Often the requirements of the necessary insurances are recorded in the Joint Operating Agreement (JOA) involving oil drilling activities. The projects can range from oil and gas exploration work, drilling activities, platform installation, and power generation schemes. These can be onshore or offshore; renewable energy projects like wind power units and solar farms are new developments that are already being implemented in various regions.
There are various risk aspects involved in an energy project implementation - some of these issues can be identified and managed, operational cover for energy production plants will also be addressed. Insurance is arranged to act as a risk transfer mechanism. Risk management can be used to reduce specific exposures on an energy project site, including perils like fire, explosion, collapse and even “design defects” or material/workmanship shortcomings. The basic principles of insurance will be addressed in this training course.
This GLOMACS Understanding Energy Insurance training course will highlight:
By attending this training course, the delegates will be able to make a substantial, positive impact on the learning best practices within their organisation, more specifically:
This Understanding Energy Insurance training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension, and retention of the information presented during the five days. It will employ active-learning techniques, group discussion, and quizzes to enhance the training course session. The delegates will also be provided with a few challenging case studies with actual energy project scenarios – and the facilitator will guide them through achieving appropriate and practical solutions. A proper understanding of the coverage provided under the various energy operational risks wording is essential to appreciate this subject.
Meanwhile, the delegates are also urged to raise their own experiences in dealing with energy projects, site work and design experiences to the class for further review and group discussion. The class sharing and group deliberation will make this an exciting learning procedure.
Upon the completion of the training course, the organization would benefit from:
On successful completion of this training course, the delegate will be able to:
This GLOMACS training course is suitable for a wide range of professionals involved in any aspect of Energy Risks (Construction, Erection, and Operational aspects) and who want to understand, implement, and improve the latest energy insurance coverages formats & wordings.
Ideally for Senior Executives, Senior Engineers, and Managers from the following industries:
GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org
The Energy Training Centre
Our collaboration with Energy Training Centre aims to provide the best training services and benefits for our valued clients
Sending your message. Please wait...
Send Successfully
There was a problem sending your message. Please try again.
Please complete all the fields in the form before sending.
Sending your message. Please wait...
There was a problem sending your message. Please try again.
Please complete all the fields in the form before sending.
Sending your message. Please wait...
There was a problem sending your message. Please try again.
Please complete all the fields in the form before sending.