Making you Digital Transformation, Data Analytics and AI Ready
PSA580-4D
4 Week Professional Job Certification Training Training Workshop
Certified Petroleum Production Sharing Agreements (PSAs) Contract Manager
Building Professional Certification Skills & Competencies in
Managing PSAs to Meet Organizational Operational & Strategic Objectives
Protecting Organizational Interests on PSAs
PSA Project Risk Allocation
PSA Contract Administration
Essential PSA Communications & Documentations
Win-Win Resolution of Disagreements & Disputes on PSAs
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Training Dates Certification Programs
London
| New York
|
Seattle, USA
| New Delhi
|
Kualalumpur
| New Delhi
|
London
| New York
|
Seattle
| Istanbul
|
New Delhi
| Kualalumpur
|
New Delhi
| London
|
New York
| Seattle, USA
|
London
| Dubai
|
Kualalumpur
| Dubai
|
London
| New York
|
Seattle, USA
| Istanbul
|
New York
| Dubai
|
Kualalumpur
| London 25 May-19 June 2025
|
Useful Links
Certification Program Overview
This Petroleum Production Sharing Agreements (PSAs) Contract Manager Professional Certification Program is designed to equip participants with the knowledge and skills necessary to become competent professionals in this key project sector. The program offers comprehensive multi-discipline training in various Petroleum Production Sharing Agreements (PSAs) Contract Manager methodologies, technologies, digital transformation, Data Analytics and AI Leveraging, project management, policy frameworks, and sustainable practices. It aims to address the increasing global demand for skilled individuals capable of driving the business and industrial needs including digital transformation.
To earn the Petroleum Production Sharing Agreements (PSAs) Contract Manager Professional Certification, participants will be required to undergo a comprehensive assessment that may include written exams, practical projects, and presentations. The evaluation process ensures that candidates have acquired the necessary theoretical knowledge and practical skills to work effectively in the Petroleum Production Sharing Agreements (PSAs) Contract Manager industry.
Benefits of the Program: Acquire a broad and practical understanding of Petroleum Production Sharing Agreements (PSAs) Contract Manager methodologies, technologies, Gain expertise in Petroleum Production Sharing Agreements (PSAs) Contract Manager implementation development and management, Enhance employability and career prospects in Petroleum Production Sharing Agreements (PSAs) Contract Manager sector, Contribute to industry standards, good and best practices, Network with industry professionals and experts, and, Access resources and opportunities for further professional development.
Insights and Experiences of experts and professionals from the Petroleum Production Sharing Agreements (PSAs) Contract Manager sector will be shared with the participants. These inputs offer valuable industry perspectives, and foster a deeper understanding of the current trends and challenges in the field.
During the Program participants will undertake a capstone project that integrates the knowledge gained throughout the program. They will undertake a Petroleum Production Sharing Agreements (PSAs) Contract Manager project, plan it from A to Z, analyze its benefits, check strategic alignment, consider Return on Investment, consider societal implications, and propose a business plan. The capstone project serves as a practical demonstration of their abilities to apply learned concepts in real-world work scenarios.
To support flexible learning, the program may provide access to an online learning platform where participants can access course materials, lectures, discussion forums, and supplementary resources. This platform enables self-paced learning, allowing individuals to balance their studies with other commitments.
To ensure that Petroleum Production Sharing Agreements (PSAs) Contract Manager certified professionals remain up-to-date with latest advancements in the field, the program will require the participants to earn 1 week continuing education credits every three years. This Certification maintenance process supports ongoing professional growth and demonstrates a commitment to staying current in the field.
What is Covered in this Certification Workshop?
This Certified Petroleum Production Sharing Agreements (PSAs) Contract Manager 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 Managers who can Manage all aspects of the PSA Unit in their organizations, including managing the PSA Professionals to effectively Administer PSA Contracts with focus on Protecting the Petroleum Production Project and their employer. These managers will ensure the PSA Unit efficiently and effectively Plans the Processes, Delegates Responsibilities, Controls Performance, Prepares & Keeps Updated PSA SOPs, Maintains an Effective PSA Knowledge System, Ensures Staff have the required Competencies, Monitors Performance, Solves Problems, Coaches the Professionals, Resolves Disputes and Provides Meaningful Reports to Management.
This program provides the Certified PSA Contract Manager participant the essential Understanding, Competencies, Skills, Process Knowledge and Management Guidance to perform his Professional Assignment in an effective, efficient, customer focused manner, always targeting for Meeting the Operational & Strategic Objectives. This is a comprehensive 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 Plan, Execute, Supervise or Improve.
Production sharing Contracts PSAs are prone to many problems, this program will discuss these problem areas, and suggest solutions from Good Practices, and, Benchmark with International Best Practices.
This Professional Certification training program will also discuss in detail for each of the important Risks and Conditions in Production Sharing Contracts PSAs the True Contractual Understanding, the Contract Administration Requirements, the communications required, the Documentary Records to be Maintained, potential disputes and best strategies for win-win dispute resolution.
Who Should Attend?
This Certification program is intended for Production Sharing Agreement Decision Makers, PSA Professionals, Managers, Auditors, Finance Departments, Government Decision Makers and Oversight Committee Members, Regulators and Policy Makers.
This program content and knowhow will also be useful for promising PSA Contract Administrators so they can be prepared for future PSA Unit Management Roles.
Program Content & Modules
Certified Petroleum Production Sharing Agreements (PSAs) Contract Manager
Business Aspects of Petroleum Production Sharing Agreements (PSAs)
PSA Problems, Leakages, Inefficiencies and Solutions
PSA Stakeholders and their Expectations
Legal & Regulatory Aspects of PSAs
PSA Operational Objectives
Short discussion on PSA Possible Problems, Leakages, Inefficiencies and Solutions arising from lack of Company or Regulatory Control over the PSA Process
Managing PSA
(1) Ringfencing exploration, discovery, commercial discovery
(2) Licensee Contracts
(3) Inflation of Costs by Contractors
(4) Relinquishing of Exploration Rights
(5) Contractual Relinquishment of Exploration Rights
(6) Dispute Resolution by Independent Expert
(7) Failure to Deliver the PSA Area
(8) Failure to Invest Adequately
(9) Insufficient Cost Control
(10) Owner Committee approval of Key Procurements, Materials and Subcontracts
(11) Alignment of Recoverable Cost to Work Plans
(12) Approval of Change of Control or Participating Interest
(13) Preemptive Rights
(14) Termination Process
(15) Petroleum Sales
(16) Local Community Hiring & Training.Managing the Processes for
(1) Contract Conditions Drafting
(2) Contract Administration
(3) Management Controls under Various Clauses
(4) Incentives
(5) Use of Expert Committees for Major Expense Proposals
(6) Intelligent Record Keeping and Reporting.Risks Sharing on Production Sharing Agreements
Understanding the True Interpretation Rules of Key Provisions
Understanding Key PSA conditions
Managing PSA Contractual Communications
Good Practices for Maintaining PSA Contractual Records
Documenting Evidence to Help Resolve Disagreements and Disputes
Negotiating Win-Win Settlement of PSA Disputes
Building a PSA Contract Administration & Dispute Resolution Knowledgebase
Workshop 1
Developing a PSA Risk Management Plan
Developing an Early Warning Systems to Identify Emerging PSA Contract Risks & Opportunities
Professional Level Insights into PSA Processes & Decision Making
Developing a PSA Quality Assurance (QA) & QC Plan
Workshop 2
Getting Management Support for PSA Stakeholder Focused Management System
PSA Good Management Practices
Reviewing & Applying PSA Best Benchmarked Practices
Developing PSA Standard Operating Procedures SOPs
Framework for a PSA Knowledge System
Building a PSA Knowledge System
Workshop 3
Advanced PSA Performance Monitoring & Reporting Dashboards and Recommendations System
Developing PSA Stakeholder Focused Meaningful KPIs for Performance Reporting
Getting Management Support for Approving Organizational Targeted PSA Strategic Objectives
Developing a PSA Performance Evaluation System
PSA Data Analytic System to Support Real Time or Near Real Time Decision Making
Artificial Intelligence Methods for Proactive PSA Decision Support Insights, Decision Suggestions & Possible Automated Decisions
Workshop 4
Setting Up a PSA Stakeholder Communication, Briefing, Coaching System
Building a PSA Skill & Competency Evaluation System
Developing and Implementing a PSA 5 year Strategic Plan
Certified Petroleum Production Sharing Agreements (PSAs) Contract Manager Qualification Written Tests
Certified Petroleum Production Sharing Agreements (PSAs) Contract Manager Qualification Interviews
Program Recommendations
Detailed PSA Personalized Improvement Action Plan
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