Course Overview:
The training course will provide an overview of the Petroleum value chain. Mainly, the participants will gain an understanding of Petroleum commercialization, bidding rounds, financing, transportation, pricing and global market dynamics. The course will also cover, board-level governance issues and how the boards can aptly lead the dynamic institutions.
Course Outcomes
The course will cover the following topics:
Helps participants to understand different aspects of Petroleum Projects from initiation to implementation. In addition, critical governance issues will be addressed.
Topics
The course on LNG will cover the following topics:
- Contemporary Host Government Agreements for oil and gas extraction.
- Petroleum Value Chain: What is the Upstream Petroleum cycle,
- Things a Country should consider attracting investment/IOCs to invest in the Country,
- Bidding Rounds Process and the licensing process,
- The Fundamental Types of Upstream Petroleum Contracts and their differences,
- The Advantages and Disadvantages of the Different Types of Upstream Petroleum Contracts and How it is Suitable for Specific Types of Projects,
- Detailed discussion on the important clauses in Production Sharing,
- Contemporary PSA; key features i.e gross split,
- Other types of contracts, JOA, unitization and farm-in & farm-out agreements and their role in the petroleum industry
The course on Corporate Governance will cover the following topics:
- Independence
- Diversity, equity and inclusion
- Performance Evaluation
- Executive compensation
- Stakeholders’ Governance
- Sustainability
- Etiquette and Conduct of the Board