The Advanced PSA/PSC Contract Analysis Training Course offered by the Imperial Corporate Training Institute provides an advanced level of education for professionals working in the oil and gas industries. The training course focuses on providing a more in-depth understanding of PSAs and PSCs and provides training in contract analysis methodologies, which will assist attendees in understanding the various complexities, obligations and commercial implications that arise from these contracts. Participants will learn how to evaluate risk associated with a PSA/PSC contract, interpret financial clauses, and assess performance indicators.
In addition, this program includes advanced audit techniques that have been developed specifically for PSAs and PSCs to enable accurate compliance reviews and enhanced decision making in joint ventures and licensing processes. This training combines theoretical and practical learning with real life problems that participants will encounter in their daily work, allowing them to successfully manage real-world problems and maximise the benefits of PSAs and PSCs in the oil and gas sectors.
Objectives
Attendees will be able to:
- To enhance Contract Analysis skills regarding PSAs and PSCs.
- To improve knowledge of the very important contract clauses and their effects on Project Performance.
- To equip Participants with effective Audit Techniques for assessing Compliance, Risk, and Performance.
- To help Participants to recognize Contractual Risk, and develop suitable Risk Mitigation strategies.
- To provide Participants with Practical Tools to Review Financial, Operational, and Legal Obligations in PSAs/PSCs.
- To assist Participants in Better Decision-Making in connection with Joint Ventures, Production Contracts, and Licensing Agreements.
Target Audience:
- (Legal and Compliance) Professionals in the Oil and Gas Industry
- Contract Managers and Analysts responsible for PSAs/PSCs
- Finance and Accounting personnel involved with Production Sharing Contracts
- Auditors and Risk Management Specialists who are seeking Advanced Audit Techniques
- Senior Managers and Executives in charge of Joint Ventures and Production Agreements.