Procurement and Contracting in Oil and Gas Companies

In this paper I will discuss the various aspects of a Federal Contract Specialist position and what makes it different from many other government jobs. Some people think contracting is just shopping for a living, however, it requires great skill and attention to detail. Contract Specialists must be able to communicate effectively with their customers, vendors and other contracting personnel and they must be able to accurately interpret regulations and apply them appropriately. This position is a little bit customer service representative, a little bit personal shopper and a whole lot of legal assistant.

The oil and gas business is highly competitive in the exploration for and acquisitions of reserves, the acquisition of oil and gas leases, equipment and personnel required to find and produce reserves, and in the gathering and marketing of oil, gas, and natural gas liquids. The competitors include national oil companies, major integrated oil and gas companies, other independent oil and gas companies, and participants in other industries supplying energy and fuel to industrial, commercial, and individual consumers.

The sample proposal reveals that DHS (Department of Homeland Security) is accepting a proposal from various firms to support Evergreen open source software.

More than one licence is required for a company to offer a full range of drilling services in southwestern region. This may be a slow and complex process and may influence the company’s performance to some extent. Yet it is still much more stable than the rest of the factors that might change the macro-environment.

a. The U.S. Federal government features a main legal requirement to purchase supplies as well as services on a competing and effective basis. Nevertheless, the U.S. Government has additionally applied via the procurement procedure particular guidelines to promote socioeconomic goals. Programs happen to be developed to supply elevated contracting possibilities to small-scale, small-disadvantaged, women-owned-and-run small-scale, HUBZone small-scale, veteran-owned small-scale, and service-disabled veteran-owned small-scale companies. Companies should also adhere to ancillary specifications arising beneath numerous laws and also Executive Orders (A/OPE, 2011).

• Expand or modify system to serve new purposes or improve work flow (Business Dictionary, 2012).

Organisations around the world are increasingly operating in very dynamic business environments. Among the areas that are being monitored is the way raw materials for production are procured and how the finished products reach the market and eventually the consumer. This paper will provide a review of published documents on strategic procurement in organizations by providing a critical analysis of the strengths and weaknesses of their findings. The paper will present the impacts of the findings of the reviewed articles on the activities of an organisation that operates in a business to customer industry. And also a supermarket will be used in this case.

Open market and through existing and required sources using simplified acquisition techniques or formal contracting methods are the two methods used to supply goods and services to the US Government (14 FAH-2 H-200 Acquisition Basics, 2011). Simplified acquisition methods are when the aggregate, or total, amount are within the threshold and follow one of the Federal Acquisition Regulation Part 13 procedures, which include blanket-purchase agreements, purchase orders, purchase cards, or imprest funds. FAR 13.003 set the threshold value at $3000 not to exceed $150,000 in any single transaction.

Scott Camelin General Contracting is a licensed and insured general contractor that has been offering high caliber construction solutions to Ross County, Ohio, home and business owners for more than 20 years. Understanding how important it is to complete every project on time and on budget while staying committed to quality craftsmanship, the company has built a solid reputation based on a long track record of success. Their invaluable expertise and guidance helps make every home improvement and commercial construction job go as smoothly as possible.

Natural Gas, Inc., and Olio Energy Company refine and sell natural gas. To limit the supply of natural gas on the market and thereby raise prices, Natural Gas and Olio Energy agree to buy “excess” supplies from dealers and “dispose” of it.

The TexasAgs oil company case study gave us insights on different aspects of a negotiation that can happen in real world scenarios. It elegantly portrayed the importance of having a BATNA, setting target and restriction points, impact of the fluctuating markets on the ongoing negotiations, downside of the emotional behavior, importance of having a third party member or mediator in the negotiation. The case illustrates that the negotiations should be based assumptions as they may or may not be right. Having facts and understanding the other parties true objectives and goals are truly essential in negotiation. It is a typical example of how the current power on one side can dominate and take complete advantage of their position.

I certify that I have read the assigned material on academic integrity, and this paper is an original paper composed by me for this course. It has not been copied or closely paraphrased from any other source and has not been submitted as a whole, or in part, for credit in any other course at OU or any other educational institution. It has not been created or submitted for any other purpose such as a job assignment at my workplace or any other agency.

The lack of detailed planning in the case of Pacific Oil Company’s (POC) negotiation of a new contract with Reliant had dire consequences for Pacific Oil. Pacific Oil did not plan sufficiently when they began negotiations. They lacked a clear strategy, failed to consider the major sources of power or correctly estimate the power possessed by Reliant. In addition, POC failed to account for Reliant’s negotiating style.

This is a thesis about procurement process in the oil and gas industry in Nigeria with specific stress on AGIP Nigerian AGIP Energy and Natural Resource.” The report starts with an introduction to the country Nigeria itself. It develops with the research on the oil and gas sector in the country and then focuses on the AGIP and its operations. Thus the first section comprises the Introduction, the background of the problem the research objectives, literature review regarding the procurement process and the company AGIP. The second section is about the research methodology, the data analysis and presentation of

Gas and oil development plans are branded by huge capital investments. Exploration and production operations incorporate numerous activities, reaching from undertaking geological surveys, finding hydrocarbon resources, and commercially exploiting them. Projects in this area are of a high risk nature in physical trading, and political sense as it is hard to know in advance the presence, degree and value of hydrocarbon resources, as well as production costs and the price oil of oil in the global world market Kaiser, Mark .J (2007)