Production Sharing Agreements (PSAs) - Rio de Janeiro, Brazil
Venue: Rio de Janeiro
|Event Date/Time: Oct 26, 2011||End Date/Time: Oct 28, 2011|
PSAs are used in key oil & gas producing countries, each of these have different approaches and levels of complexity. New PSAs have also been recently adopted and developed in some key jurisdictions, such as Brazil and Mexico.
These complex agreements include a number of clauses that have particular legal interpretation and accompanying fiscal formulas. Therefore, it is crucial to have the correct understanding of the terms in order to calculate the formulas correctly and ensure a smooth agreement implementation.
This 3 day course will focus on both the legal and fiscal aspects of key PSA clauses in the context of other host government contracts. Through a detailed analysis of the issues, clauses and comparative case studies, this course will provide sophisticated insight and further enhance participantâ€™s legal and fiscal knowledge of PSAs.
By attending this course you will:
â€¢Learn the key legal and fiscal mechanisms in the PSAs which will help in your negotiation process
â€¢Analyse the PSAs arrangements within the host government contractsâ€™ framework
â€¢Grasp the main provisions necessary to make the PSA work
â€¢Review the relationship dynamics between governments and IOCs
â€¢Hear from real life case studies and engage in interactive group exercises