Welcome

The oil and gas industry is facing major challenges surrounding achievement of bottom line value. The market is recovering financially and the additional cost pressures are forcing players to better control their costs and optimize their strategic operations. Hence, We are pleased to announce that Kuwait Second Oil Sector Contractors Conference and Exhibition will be held in Kuwait during the period 12 – 13 December 2011 at the Crowne Plaza Hotel under the patronage of Dr. Mohamad Al Busairi, Minister of Oil.

Kuwait Oil Sector Contractors Conference in its second edition had established itself as being the premier event providing contractors, specialty contractors, service/suppliers, engineering consultants and other stakeholders engaged in the oil sector contracting market the opportunity to meet together in a unique forum to review issues and trends occurring in the state of Kuwait for productive exchanges and sharing of information on a wide variety of issues and solutions.

The aim of this conference is to discuss the issues related to oil sector contractors in Kuwait. The challenges facing those contractors shall be explored in order to achieve a systematic approach in resolving such challenges .

The conference will cover a wide spectrum of crucial issues concerning the relationship between contractors and Oil sector bodies such as:

• Strategy Statement: Supplier relationship management and market management, Risk management culture.
• Performance Standards – Allow for contractor performance monitoring; Establish alerts to provide notification when performance conditions are not met
• Procedure for the control of contractors: management and staff roles and responsibilities; Management arrangement – Contract works may face particular problems and some of the issues which require extra consideration when planning safe working arrangements
• Contract risk management: Overview,; structured approaches to managing risk; Risk management strategies; hierarchy of risk responses; Risk financing; Risk management programs
• Developing KPI: establishing performance goals and objectives.
• What is Contractor Performance Management: Key features and Benefits
• Contract Management Challenges: What if things going wrong? Assessing risk from sub-contracting; What if payment is disputed.
• Effective Contract Performance Management: How to monitor contract performance and take any necessary action and apply remedies to protect the rights of the Government. Ability to use performance metrics to evaluate actual performance against goals
• Developing matrix for Contract Performance Management