POSTPONED unitl further notice
PETRAD offers a two weeks course “National Management of Petroleum Resources”. We had planned it for 31 May - 11 June 2021 in Stavanger, Norway, but we need to postpone it unitl further notice due to Coronavirus restrictions.
The course aims at enhancing the participants’ insight of the requirements for managing the petroleum sector of a nation, in terms of the context, process and content of effective resource management. Read more...
Verification of charges to PSC and Joint Venture activities - 3 days
Online or onsite
Production Sharing Agreements (PSA) and Joint Operating agreements (JOA) are two of the main ways of organizing the O&G activities. Both the JVs and the PSAs are highly affected and exposed to the costs and allocation being charged to the activity by the operator. Allocations and charges to the activity are regulated by the agreements in the PSA and the JOA. Audits undertaken by the non-operators and the regulators are essential to ensure and verify that the cost charges are correctly charged to the activity.
The course is designed to give an understanding and knowledge about the cost being charged and allocated the operated activity and paid by the partnerships in the JVs or deducted in the PSAs. Ultimately the participants shall be able to verify, challenge and reject cost being charged to the O&G activity of concern.
The course will give the participants challenges and insights to real-life cases where the understanding of the course material is being tested as well understanding of the day to day activities in the operations. Read more...