Production Sharing Contracts & Upstream Economic Analysis
|Event Date/Time: Dec 16, 2009||End Date/Time: Dec 18, 2009|
Explore & analyse the financial structure of upstream production sharing contracts.
This course explores the structure and mechanisms of production sharing contracts (PSC's) for upstream oil and gas projects. Studying the underlying processes and commercial drivers, participants will examine case studies to illustrate the economic structure of these complex agreements.
The PSC Economic course brings the theory to life, allowing course attendees to build and interpret their own PSC model based on a real life example.
**Learn about the history, evolution & structure of PSC s
**Investigate cost recovery & profit sharing
**Examine fiscal mechanisms & ring fence calculations
**Identify taxation liability & allowances
**Construct a production sharing contract spreadsheet model
**Interpret model outputs to enhance investment decision making
Who Should Attend
**Production sharing partners
**Economists working in the industry
**Business development managers
**Lawyers involved in the industry
**Analysts working in the industry
**Auditors working in the industry