Login | Create new business account

Workshop: Host ‘Government Take’ Optimization Techniques


Virtual classroomPart timeWorkshopEnglish



Introduction

The endowment of naturally occurring resources has always been expected to boost national economic development. This has not however been the case in a number of countries.

The critical technology required for optimum exploration in terms of exploration and production coupled with the high financial requirements do not in all cases deliver appropriate revenue to the host government.

It is not unusual to link this anomaly with the fiscal inadequacies in fiscal regimes contained in various exploration and production contracts.

Similarly the contract types and government policies also play significant roles in the economics and therefore optimization of all revenue that accrues to the host government which is referred to as ‘Government Take’.

For Government Take to be optimum there must be a significant and comprehensive understanding by government supervisory and regulatory agencies (officials) of the techniques and policies that can deliver such optimum revenue to government.

This is particularly more so when government is not directly involved in the explorations & production operations but has contracted & licensed International Oil Companies (IOCs) to explore & produce on OPL & OML basis.

It is globally recognized that IOCs are agents and, in such circumstances, ‘Agency Problem’ which is known to minimize economic returns to resource owners (Host Governments) need to be minimized for governments to maximize the benefits from such resources.

This program has been designed to expose attendees to the various ways by which ‘Government Take’ can be maximized. It also provides in-depth understanding of economic consequences of fiscal regime components in different contract types.

The aspects of Production Sharing Contract (PSC) in particular that require attention and how to use such knowledge in ensuring ‘Government Take’ optimization is very much addressed by this program.

This Program also enables attendees to master the art of managing oil & gas acreage bidding processes.

The course will be delivered in a classroom setting with numerous examples drawn from different countries’ experiences in bidding, contract types formulation and national oil & gas asset portfolio management.
The program will also allow for interactive sessions with experienced & seasoned facilitators.

Contents

1. Petroleum Hydrocarbon  Resources: Nature & Peculiarities
2. Petroleum Hydrocarbon Resources Exploitation Processes
3. Petroleum Hydrocarbon : A National Asset and Resource:

  • Best Exploitation Principles & Practice

4. Petroleum Oil & Gas Asset Portfolio Management for:

  • Maximum Revenue Generation
  • Maximum National Content Input
  • Minimization of Waste

5. The Role of Unitization in Maximum Revenue Generation

6. International Unitization : An Overview

7. International Unitization:

  • Minimizations of Cross-Border disputes
  • International Dispute Resolution Processes

8. Oil & Gas (E&P) Bidding Options & Processes

9. Oil & Gas Fiscal System Contract Types:

  • Economic Comparison & Analysis of Contract Types
  • Management of Different Peculiarities of Contract Types e.g. Overcoming Regulatory & Supervisory Challenges of Production Sharing Contract.

10. Incorporated Joint Venture (IJV): An Overview of its Management Processes



Duration


5 days



Target audience


Geoscientists, Planning Dept Staff, Accounting & Finance Staff, and All Staff & Managers engaged in any aspect of Oil & Gas Exploration & Production Regulatory & Supervisory functions.





Sjekk om du er registrert fra før

Før vi går videre ønsker vi å ta en rask sjekk for å se om du allerede er registrert i systemet. Hvis du ikke finnes fra før vil alt du taster inn føres videre til skjemaet.
{{ ctrl.registration_message }}
Det kan se ut til at du allerede har en konto. Har du glemt passordet trykk her for å sette et nytt passord.

Booking
Host ‘Government Take’ Optimization Techniques
Start here
100% secure form
Takes a minute to complete
Quick response

Promotion!
Fields marked with * are mandatory
Preferred currency *
Date and location *
Delegates
How many? (Gift card)
Enter promo code (Gift card)
The promo code is correct and discount awarded.
No promotion found. Sure you got the promo code right?
Promo code is correct but the promotion does not give better price than current campaign.
{{ctrl.campaign_message_text}}
Delegate {{$index+1}}
{{item.is_required ? item.title + '*' : item.title}}
{{item.is_required ? item.title + '*' : item.title}} {{item.tooltip}}
*{{ error }}
Format: {{ctrl.form.field[section.title][outerIndex][item.id]['format']['format'] }}
{{key}} = {{value}} .
{{item.title}}
{{item.title}}
{{item.is_required ? item.title + '*' : item.title}} {{item.tooltip}}
{{item.title}}
{{item.title}}
{{item.title}}
Filen ble lastet opp
Filen ble fjernet
Laster opp... {{item.upload_progress}}%
{{ file.file.name }} Fjern
{{ctrl.total_discount | fprice}} kr {{ctrl.currency}}
{{ctrl.total_voucher_discounts | fprice}} kr {{ctrl.currency}}
{{ reserved.title }}
{{ctrl.total_amount_after_discounts_and_vouchers | fprice}} kr {{ctrl.currency}}
VAT {{ctrl.total_vat | fprice}} kr {{ctrl.currency}}
Payment Information
{{ invoice_field.title }}*
Number: 1+2 *
Please correct the following and try again
{{ctrl.errors_msg}}
Submitting ...
Wait until the file upload is complete






Powered by