This document is a resume for Arvind Shetty, who has over 20 years of experience in contracts and procurement for oil and gas companies. He has negotiated over $5 billion in construction contracts and led contract administration that saved companies over $30 million. His experience includes roles at Petronas, Bechtel, Cairn Energy, and Reliance Industries, where he managed contracts, procurement, and negotiations for projects valued at billions of dollars. Shetty has expertise in full-cycle contract administration, contract negotiations, procurement, and team leadership.
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ARVIND SHETTY Flat 402, Priyadarshini Apartments, CMH Road, Indiranagar 2nd
stage, Bangalore 560038
Shetty.arvind@gmail.com +919741393700
SENIOR CONTRACTS & PROCUREMENT PROFESSIONAL
20+ years’ success leading contracting and procurement innovation for high-growth oil & gas organizations
Strategic and analytical professional with proven success in organization and executing full-cycle contract
administration processes, leading to savings of more than $30M to oil & gas companies. Strong contract negotiator
skilled at evaluating price, contractor experience, and product quality for more than $5B in construction contracts.
Articulate communicator able to forge solid relationships with Project Managers, Consultants, Vendors, and
Subcontractors to build consensus across dynamic teams and complete project on time and within budget.
HIGHLIGHTS OF EXPERTISE
Full-Cycle Contract Administration
Contract Negotiations
Contract Law Application
Oil & Gas Procurement
Contract Change Management
Team Building and Leadership
Process Improvements
SAP/Oracle Database Platforms
Contract Performance
Evaluation
CAREER SUMMARY
PETRONAS CARIGALI SDNBHD, Kuala Lumpur, Malaysia
Manage project procurement functions and contracts portfolio for Drilling Services offshore exploration and development
activities valued at $1.6B.
SENIOR CONTRACTS ENGINEER (June 2012 to Jube 2016)
Spearhead contract administration functions ensuring compliance with organization policies and regulatory
guidelines. Utilize and employ management information system (MIS) reporting features to provide budget and
contract data to Senior Executive Leaders, further assisting in policy initiative and control.
Negotiated with vendors during tender process and employed post contract management services, which led
to a savings of $25M.
Participate with senior management to conduct cost analysis of drilling contracts and develop key performance
indicators (PKIs), aiding in long-term contract management success.
BECHTEL, INC., Gurgaon, India
Exercised oversight of all post award activities as the procurement representative of the Engineering, Procurement, Construction
Management (EPCM) Contractor for the 0.74 MTPA Greenfield Aluminum Smelter Project valued at $4B
PROCUREMENT SUPERVISOR (October 2010 to June 2012)
Administered contracting concepts from planning, procurement, and performance, through post-performance
activities, employing use of internal enterprise resource planning (ERP) procurement software system.
Collaborated with transnational project team, international office staff in Montreal and vendors/suppliers
across the globe to coordinate contract planning and performance efforts.
Mitigated subcontractor and vendor claims and disputes which assisted in ensuring project milestones were
achieved on time and within budget.
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CAIRN ENERGY INDIA PTY LIMITED, Gurgaon, India
Provided end-to-end project management, completing multimillion-dollar construction projects on time and under budget.
SENIOR MANAGER (PSCM) (February 2006 to October 2010)
Directed 20-member team providing all phases of contracting and procurement functions of Seismic, Drilling and
Petroleum Engineering requirements for onshore and offshore exploration and development activities. Employed
expertise in contracting drilling rigs (MODU), Seismic vessels, AHTS Vessels, Wire line, directional drilling, drilling
fluids, cementing, and OCTG for global activities and operations.
Led team in completing pre-award activities that resulted in procuring $750M in Well Construction Contracts
that coincided with drilling schedules of two major well sites.
Negotiated withsubcontractorsand vendorsduring pre-award and post-awardmilestoneswhichled to a $35M
cost savings for provision of drilling and completion services.
Increased operational efficiencies by streamlining the contract management process through reduction of lead
time in the procurement of shared services and improved Joint Venture co-ordination for faster approval of
tenders in accordance with project schedule.
Mentored staff to utilize SAP systems confidently which improved data accuracy, enhanced customer service
levels and contractor relationships, and increased lead time performance.
RELIANCE INDUSTRIES LIMITED, Mumbai, India
Conducted legal review of contract bids and exercised approval authority for all submitted contract exceptions taken by tenderers.
MANAGER, PROCUREMENT & CONTRACTS (December 2001 to January 2006)
Managed all offshore drilling contracts and procurement activities for exploratory drilling campaigns valued at over
$5M.
Formulated contract strategies, commercial framework, and pre-qualification recommendations to ensure
regulatory process and procedures were met and supported fair, transparent and competitive processes.
Implemented and executed consolidated and standardized contract terms and conditions across services,
bidding processes, and bid evaluation that supported enhanced business processes.
ADDITIONAL EXPERIENCE
Senior Project Procurement Engineer (1998 to 2001) Kverner ADA, Bangalore, India
Project Procurement Engineer (1994 to 1998) I.T.C Bhadrachalam Paperboards, LTD., India
EDUCATION & CREDENTIALS
POST GRADUATE DIPLOMA IN INTERNATIONAL TRADE MANAGEMENT
Narsee Monjes Institute in Management Studies, India
BACHELOR OF ENGINEERING, MECHANICAL ENGINEERING
Mysore University, India
PROFESSIONAL DEVELOPMENT
Energy Contract Management in Oil and Gas in Aberdeen
Training in Java programming - SUN Microsystems
MDP program in Materials Management – National Institute of Industrial Engineering (NITIE)
Effective Strategies on Contract drafting & negotiation for oil and gas industry in Asia Pacific
Complete Negotiator - Dr. John Morton of Hartley- Brewer
Advanced Contract Risk Management – 2006 – International Quality and Productivity Center (IQPC)
Startrek Leadership Development Program - Indian Institute of Management, Ahmedabad
Advanced Contract Risk Management Oil & Gas – 2009 – IQPC
Contracts Strategy & Contracts Management in Oil & Gas Industry - Edward Whitticks