Procurement and supply management in the oil and gas industry involve complex technical specifications, high-value contracts, global supplier networks, demanding project schedules, and significant operational and safety risks. From exploration and drilling to production, processing, maintenance, and infrastructure development, procurement decisions directly affect project delivery, asset reliability, operating costs, and business continuity.
Oil and gas organisations must manage specialised equipment, long-lead materials, engineering services, contractors, and critical spare parts while responding to volatile commodity markets, geopolitical uncertainty, supplier concentration, logistics constraints, and strict quality and safety requirements. Effective procurement therefore requires a strategic approach that integrates commercial objectives with technical performance, supply security, contractual risk, and long-term value.
The Strategic Procurement and Supply Management in the Oil and Gas Industry course equips professionals with practical frameworks for developing category strategies, evaluating suppliers, managing complex sourcing activities, negotiating commercial agreements, and strengthening supply chain resilience across upstream, midstream, and downstream operations.
Participants explore procurement planning, supplier qualification, total cost of ownership, EPC contracting interfaces, supplier performance management, materials planning, supply chain risk, and digital procurement capabilities. The programme emphasises procurement decisions that support safe operations, reliable project execution, cost efficiency, and sustainable supplier relationships.
