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(FREE Live online Session) Introduction to Offshore Structures

Date: 24 February 2021 (Wednesday)

Time: 7.00pm– 8.30pm

Venue: Live Online Session (click here to join)

CPD/PDP: 1.5 Hours

Event synopsis:

Payment disputes in the construction industry have become a common problem in Malaysia and in most countries, especially 
in developing countries. About 50% of Malaysia construction projects experience Under Payment, Late Payment and/or Non-
Payment issues which causes complication to the projects to the extent that some of the projects are abandoned wherein 
innocent third-party purchasers become victims of delayed and abandoned projects. 
One of the main elements for the complication is the client’s inadequate finance or main contractor’s poor cash flows for the 
project.  The  amount  of  money  involved  in  construction  industry  is  enormous  and  when  payments  from  the  clients  are 
delayed, most of the contractors/sub-contractor would not be able to bear the heavy day to day construction expenses by 
themselves  which  includes  the  cost  of  material,  labour  and  other  necessary  day  to  day  expenses.  The  issue  of  payment 
dispute would eventually result in time over-run, cost over-run and total abandonment of the project. 
Therefore, the construction payment dispute requires to be dealt with at worst, a cheaper, quicker, simpler, legal binding and 
enforceable  resolution  enabled  by  an  adjudication  proceeding,  which  is  what  The  Construction  Industry  Payment  and 
Adjudication Act (CIPAA) has specially drafted to resolve the issues with provisions such as PROHIBITION of Conditional 
Payment, to STREAMLINE payment procedures and provide REMEDIES for the recovery of payment. 
The Construction Industry Payment and Adjudication Act (CIPAA) 2012 has come into operation with effect since 15 April 
2014.  The talk will cover the definition and key features of CIPAA, construction culture and payment risks, as well as the 
adjudication process under CIPAA.  In addition, identification of construction payment problems, their impact and resolution 
and how to conduct payment recovery through CIPAA proceeding will also be discussed during the talk. 

Oil & Gas Industry has been the mainstay of the Sarawak state economy for decade until today. This sector continues to grow and offer opportunities for greater local participation. This talk will provide an introduction to Offshore Structures to Civil/Structural engineers or other disciplines engineers who are currently not working/ fresh in this industry but wish to know more about the Offshore Structural aspects of the industry. The talk content includes brief history and development of Offshore Oil & Gas industry, different types of Offshore Platforms and varies stages/ activities from Engineering, Construction, Load out, Transportation and Offshore Installation.

This event is FREE. Please join the event via the above link using your full name. Sign-in link will be provided in meeting chat from 7.00pm to 7.15pmSign-out link will be available in meeting chat for 30 minutes after the event. Complete both sign-in and sign-out to confirm your attendance.

*Please refer to the Flyer for further details.

Download Flyer

When: 24 Feb 2021
Where: Online via Microsoft Team