The objective of this course is to show participants how to adopt a “bestpractice” model and outlines the latest thinking in upstream petroleum industry procurement. Extensive use will be made of oil industry case studies, examples and exercises, with participants working in syndicates to analyse problems and recommend solutions as they progress through the model. The emphasis will be on managing the supply chain in order to deliver maximum value at minimum cost, implementing a best-practice process, adopting innovative ways to select contractors, and prepare tender documents to manage contract risk.