Imperial Corporate Training Institute is pleased to announce the availability of its PSA/PSC Contract Management and Audit Training Course, which will give attendees an excellent understanding of the fundamentals of managing PSAs and PSCs as it relates to extracting and managing oil and gas from a legal, regulatory and financial perspective.
As part of the training, participants will receive both classroom instruction on key concepts and issues and hands-on experience with real-life industry examples of how to successfully manage contracts and reduce financial risk. In addition, attendees will learn how to use tools and techniques to create a framework for contract management, as well as the various compliance requirements and auditing principles necessary to maximize revenue and maintain compliance. Therefore, this training course is appropriate for both professionals and those who wish to expand their knowledge of contract administration and audit processes in the oil and gas sector.
Objectives
Attendees will be able to:
- Develop a broad understanding of PSA and PSC structure and legal framework.
- Gain an understanding of how Oil and Gas Contracts are processed using revenue calculation methodology.
- Learn auditing techniques to help evaluate compliance and identify operational risk.
- Improve contract negotiation, management, and performance monitoring skills.
- Prepare participants to optimise financial outcomes and mitigate the risk of contractual disputes.
Target Audience
- Contract Managers and Administrators working in the Oil and Gas Sector.
- Finance and Revenue Related Professionals Auditing PSA/PSC Agreements.
- Legal Advisor and Compliance Officers of Energy Companies.
- Project Managers and Operational Personnel working on Offshore Facilities.
- Professionals wishing to advance their knowledge of Oil and Gas Contract Management.