Thursday, April 05, 2012

Event Announcement: Production Sharing Contracts (PSC) Master Class


Effective training in today’s fast developing petroleum market is essential if relevant executives in both the public and private sectors are to create and implement the optimum regulatory and commercial environment for revenue and profit maximisation. Nowhere is this more important than in the development and negotiation of Production Sharing Contracts (PSCs), a critical part of global petroleum exploration, production and commercialization.

The purpose of a PSC is to facilitate the finding and commercialisation of deposits of oil and gas. However, production sharing is not the only regime used for that purpose, nor, within a production sharing regime, is the PSC the only instrument used; and, as with all such regimes, production sharing, and each individual PSC, exists within a historical, geopolitical and legal framework, and a global market, that informs its principles and its detailed implementation. It is imperative for relevant executives in both government and private sectors to understand the ever-changing impact of these forces on the PSC, and the PSC’s position and role among the many key factors needed for successful oil and gas commercialisation.

About your trainer:
He is a partner in the London office of Fulbright & Jaworski International LLP, one of the world’s leading energy law firms.  He has over 40 years experience in the structuring, negotiation  and documentation of upstream and downstream oil and gas, electricity and mining projects and investments, and related acquisitions, disposals, financings, sales and other transactions, and of the legislative, regulatory and investment regimes and structures required for them, acting for both governments and investors.

His assignments have involved more than 70 countries in Africa, the Americas, Asia, the CIS, Europe and the Middle East, as well as Australia (including the North-West Shelf and Cooper Basin) and the United Kingdom (including the North Sea).  

Registration is still open for the upcoming "Production Sharing Contracts (PSC) Master Class" taking place in Almaty, Kazakhstan from 11 to 14 June 2012.

Kindly contact Rilla Eas at telephone +65 6557 9183 or via email: