Oil & Gas Production Sharing Agreement (PSA)
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This Production Sharing Agreement (PSA) Contract Professional Certification Training Workshop Builds Professionals who have the Understanding, Process Knowledge, Skills, Competencies, Management Insights, including Leadership, they will need to become True Expert Professionals in this area.
The objective of this program is to create PSA Professionals with competency to Administer these Contracts such as to Protect the Petroleum Production Project and their employer. For this purpose this program provides the PSA Contract Professional Certification participant the essential PSA Contract Understanding, Competencies, Skills, Process Knowledge and Management Guidance to perform his Professional Assignment in an effective, efficient, customer focused manner, always targeting towards Meeting the Unit and Organization Operational & Strategic Objectives. This is a comprehensive training program. Program Topics mentioned below will be discussed in great detail during the 4 weeks, to ensure the participants gains a full Multi-Discipline Multi-Stakeholder Latest-Technology Equipped Understanding of the Processes he will be required to Understand, Plan, Execute, Supervise or Improve.
Exploring Petroleum for Production is Expensive, Needs Specialized Skills and Expertise, and the Risk of Not Finding Commercially Exploitable Reserves is Very High.
Generally, Government organizations are not tuned to perform effectively on such business ventures and resources may also be limited.
So the Government (acting under its National Oil Company NOCs) as the owner of the Underground Petroleum Resources hires an Exploration & Production (E&P) Contractor to Invest his own money, to do such exploration, bear all the risks, pay some fees for this right and data provided, and if commercially viable petroleum is found within a certain period, and extracted within another mentioned period, part Produced Oil will go to reimburse the Contractor for his Allowable Costs (Cost Oil) and from the remaining oil (Profit Oil) the government will take a percentage share of the petroleum (in place of royalties and taxes). Cost recovery is usually 50%+ of the production.
Many complexities are included in these arrangements and calculations. PSAs may have provisions to convert themselves to Risk Sharing Contracts at Option of the National Oil Companies NOCs.
The PSA Contract Conditions will be discussed in detail including Understanding the Contract Condition, its interpretation, enforceable changes that can be made to this condition, contract administration aspects, record keeping aspects, possible disputes and their resolution.
This program is intended for Production Sharing Agreement PSA Professionals, Managers, Auditors, Finance Departments, Government Auditors and Oversight Committee Members.
This program is also intended for Petroleum Accounting Professionals, Operational Auditors, Regulatory Agency Staff and Middle Managers.
Euro Training is in the business of providing
Typical Certification Workshop Participant Takeaways
(Made possible by Euro Training's unique, multidiscipline, customer focused, strategic focused, knowledge management, Data Analytics approach)
Team Nominations : Team Nominations (training teams): If the post program objective is to Assign the Participants to Roles that require (any of): Implement Changes requiring Establishing Teams, Work on New Projects, eEnable Existing Processes, Implementing a Data Analytic Project, Building a Knowledge System, Building a Quality Assured System, Adopting and/or Implementing ISO9001 or other Industry Standards, Setting-up KPI's or Service Level Agreements (SLA's), Setting up a Balanced Score Card System, Setting Up an Early Warning System... it is recommended that the organization nominate at least two participants together for this program. This will help the participants create a Critical Mass for the Change and support each other during such implementations.
Single Nominations will also be accepted for the program.
Single participant nominations can be made where the objective is to:-
All Programs are in English. Arabic Language Support is also Available please inquire before registering. French and Spanish Translation Service is available by prior arrangement.
Certificate of attendance is awarded to all Participants and on payment of Program Fees. Further, if you appear for the Certification Test and on your successfully passing the Test and on instructor favorable assessment you will be Certified as an Industry Professional. The decision of Euro Training Global Limited will be final in determining if you have Acquired the required competency to be Certified as such a Professional. Should you fail to get Certified the instructor may recommend further study (or training program) before a redetermination may be made regarding your Certification. Professional Certifications are valid for 5 years.
Fields marked with * are mandatory
Optional Fields
Program Name | 6 Day Training | 1 Week Training | 2 Week Workshop | 3 Week Advanced Workshop | 4 Week Certification |
---|---|---|---|---|---|
Accounting Management Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Operational Audit Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Contract Administration, Claims Management Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Customer Loyalty & Delight Management Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Business Intelligence and Data Analytics Excellence Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Water Desalination Center | PDF View | PDF View | PDF View | PDF View | PDF View |
DCS District Cooling System Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Electric Power Generation Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Energy Conservation Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Engineering, Design & Value Engineering Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Environmental, Waste Water & Sustainability Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Financial & Insurance Management Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Training and HRD Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Patents, Copyrights & Other IP Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Maintenance & Turnaround Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Business Analysis and Operational Audit Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Management & Leadership Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Mergers, Acquisitions & Strategic Partnerships Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Performance Evaluation & BSC Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Petroleum Industry Management Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Petroleum Exploration Technology Unit | PDF View | PDF View | PDF View | PDF View | PDF View |
LNG and Natural Gas Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Pipeline Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Planning, Estimating & Cost Control Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Project Management Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Public Private Partnership (PPP) Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Public Relations & Communications Management Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Purchasing, eProcurement and Outsourcing Resource Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Renewable Energy Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Safety and Corporate Security Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Water & Waste-Water Treatment Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Program Name |
---|
Accounting Management Center
|
Operational Audit Center
|
Contract Administration, Claims Management Center
|
Customer Loyalty & Delight Management Center
|
Business Intelligence and Data Analytics Excellence Center
|
Water Desalination Center
|
DCS District Cooling System Center
|
Electric Power Generation Center
|
Energy Conservation Center
|
Engineering, Design & Value Engineering Center
|
Environmental, Waste Water & Sustainability Center
|
Financial & Insurance Management Center
|
Training and HRD Center
|
Patents, Copyrights & Other IP Center
|
Maintenance & Turnaround Center
|
Business Analysis and Operational Audit Center
|
Management & Leadership Center
|
Mergers, Acquisitions & Strategic Partnerships Center
|
Performance Evaluation & BSC Center
|
Petroleum Industry Management Center
|
Petroleum Exploration Technology Unit
|
LNG and Natural Gas Center
|
Pipeline Center
|
Planning, Estimating & Cost Control Center
|
Project Management Center
|
Public Private Partnership (PPP) Center
|
Public Relations & Communications Management Center
|
Purchasing, eProcurement and Outsourcing Resource Center
|
Renewable Energy Center
|
Safety and Corporate Security Center
|
Water & Waste-Water Treatment Center
|