1. This Oil & Gas Production Sharing Agreement (PSA) Contract Professional Certification Program is designed to equip participants with the knowledge and skills necessary to become competent professionals in this key project sector. The program offers comprehensive multi-discipline training in various Oil & Gas Production Sharing Agreement (PSA) Contract methodologies, technologies, digital transformation, Data Analytics and AI Leveraging, project management, policy frameworks, and sustainable practices. It aims to address the increasing global demand for skilled individuals capable of driving the business and industrial needs including digital transformation.

2. To earn the Oil & Gas Production Sharing Agreement (PSA) Contract Professional Certification, participants will be required to undergo a comprehensive assessment that may include written exams, practical projects, and presentations. The evaluation process ensures that candidates have acquired the necessary theoretical knowledge and practical skills to work effectively in the Oil & Gas Production Sharing Agreement (PSA) Contract industry.

3. Benefits of the Program: Acquire a broad and practical understanding of Oil & Gas Production Sharing Agreement (PSA) Contract methodologies, technologies, Gain expertise in Oil & Gas Production Sharing Agreement (PSA) Contract implementation development and management, Enhance employability and career prospects in Oil & Gas Production Sharing Agreement (PSA) Contract sector, Contribute to industry standards, good and best practices, Network with industry professionals and experts, and, Access resources and opportunities for further professional development.

4. Insights and Experiences of experts and professionals from the Oil & Gas Production Sharing Agreement (PSA) Contract sector will be shared with the participants. These inputs offer valuable industry perspectives, and foster a deeper understanding of the current trends and challenges in the field.

5. During the Program participants will undertake a capstone project that integrates the knowledge gained throughout the program. They will undertake a Oil & Gas Production Sharing Agreement (PSA) Contract project, plan it from A to Z, analyze its benefits, check strategic alignment, consider Return on Investment, consider societal implications, and propose a business plan. The capstone project serves as a practical demonstration of their abilities to apply learned concepts in real-world work scenarios.

6. To support flexible learning, the program may provide access to an online learning platform where participants can access course materials, lectures, discussion forums, and supplementary resources. This platform enables self-paced learning, allowing individuals to balance their studies with other commitments.

7. To ensure that Oil & Gas Production Sharing Agreement (PSA) Contract certified professionals remain up-to-date with latest advancements in the field, the program will require the participants to earn 1 week continuing education credits every three years. This Certification maintenance process supports ongoing professional growth and demonstrates a commitment to staying current in the field.

1. This Production Sharing Agreement (PSA) Contract Professional Certification Training Workshop Builds Professionals who have the Understanding, Process Knowledge, Skills, Competencies, Management Insights, including Leadership, they will need to become True Expert Professionals in this area.

2. The objective of this program is to create PSA Professionals with competency to Administer these Contracts such as to Protect the Petroleum Production Project and their employer. For this purpose this program provides the PSA Contract Professional Certification participant the essential PSA Contract Understanding, Competencies, Skills, Process Knowledge and Management Guidance to perform his Professional Assignment in an effective, efficient, customer focused manner, always targeting towards Meeting the Unit and Organization Operational & Strategic Objectives. This is a comprehensive training program.

3. Program Topics mentioned below will be discussed in great detail during the 4 weeks, to ensure the participants gains a full Multi-Discipline Multi-Stakeholder Latest-Technology Equipped Understanding of the Processes he will be required to Understand, Plan, Execute, Supervise or Improve.

4. Exploring Petroleum for Production is Expensive, Needs Specialized Skills and Expertise, and the Risk of Not Finding Commercially Exploitable Reserves is Very High. Generally, Government organizations are not tuned to perform effectively on such business ventures and resources may also be limited. So the Government (acting under its National Oil Company NOCs) as the owner of the Underground Petroleum Resources hires an Exploration & Production (E&P) Contractor to Invest his own money, to do such exploration, bear all the risks, pay some fees for this right and data provided, and if commercially viable petroleum is found within a certain period, and extracted within another mentioned period, part Produced Oil will go to reimburse the Contractor for his Allowable Costs (Cost Oil) and from the remaining oil (Profit Oil) the government will take a percentage share of the petroleum (in place of royalties and taxes). Cost recovery is usually 50%+ of the production.

5. Many complexities are included in these arrangements and calculations. PSAs may have provisions to convert themselves to Risk Sharing Contracts at Option of the National Oil Companies NOCs.

6. The PSA Contract Conditions will be discussed in detail including Understanding the Contract Condition, its interpretation, enforceable changes that can be made to this condition, contract administration aspects, record keeping aspects, possible disputes and their resolution.

1. This program is intended for Production Sharing Agreement PSA Professionals, Managers, Auditors, Finance Departments, Government Auditors and Oversight Committee Members.

2. This program is also intended for Petroleum Accounting Professionals, Operational Auditors, Regulatory Agency Staff and Middle Managers.

Euro Training Professional Certification Training Programs are Providing

1. Knowhow and Technology Transfer to the Participants.

2. Building Job Oriented Understanding, Competencies & Process Knowledge.

3. Domain Multi-discipline understanding that Improves Performance, Credibility and Respect

4. Competencies that Enable Superior Performance, Promotion, Career Advancement and Respect among Peers

Typical Certification Workshop Participant Takeaways

1. A-Z Knowhow and Step-by-Step Process Knowledge

2. A Customized Detailed Action Plan to apply the Program Knowledge to Work.
   The detailed Action Plan and Implementation Plans you prepare and take away after the program will help you take improvement initiatives and make a positive difference in your job, team, business unit or organization.
   This difference after implementation and when added to your resume will make you a prime candidate for career advancement in your own organization or in your next job/s.

(Made possible by Euro Training's unique, multidiscipline, customer focused, strategic focused, knowledge management, Data Analytics approach)

1. Improved Performance through

• Effectiveness (doing right first time by considering all key stakeholders), Efficiency (applying good practices), Goal Achievement (KPIs)

• Customer Satisfaction

• Strategic Alignment

2. Multi-discipline Empowered Employee

• Multi-Stakeholder Focus

• Customer Focus

• Operational Focus

• Strategic Focus

• Management by Facts (Data Analysis & Performance Evaluation)

3. Employees Leveraging the Multi-Disciplines for doing the job right first time, by taking following aspects into consideration before decision making...
   Business Needs, Internal & External Customer Needs and Expectations, Operational & Strategic Objectives, Regulatory Aspects, Industry Standards, Technology Options, Understand Helpful Modern Tools and Methods, Understanding Risks, Leveraging Contingency Plans, Actions that Increase Productivity, Legal & Contractual Aspects, Intellectual Property Aspects, Safety, Security, Audit, Cost Benefit Aspects, Value Engineering Opportunities, Develop Key Performance Indicators, Develop a Meaningful Performance Evaluation System, Leveraging Data Analytic Opportunities, Leveraging Artificial Intelligence Opportunities, Developing a Decision Support Knowledge System, Internal Business Unit Training System, Internal Employee Certification System .... (and more multi-discipline aspects)

4. Creating a Professionally Certified Pool of Domain Mentors, Coach & Trainers who have access to the required resources from the Developed Knowledge System. Also Also helping create internal multi-level job competency certification system.

1. Job Satisfaction that will come when satisfying your customers

2. Respect that will come when you are Recognized by your Peers

3. Promotion that will come from your Better Job Performance, Making Improvements and Convincing Performance Review Handling

4. Career Advancement that will come from your increased Employability through Convincing Competency Display in Resume and Interviews, Improvement Ideas, Implemented Improvements & Validated Certification