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PSA580-1D
1 Week Training

Petroleum Production Sharing Agreements (PSAs) Contract Manager Skills

Building Skills & Competencies in

  1. PSA Project Risk Allocation
  2. PSA Contract Administration
  3. Essential PSA Communications & Documentations
  4. Win-Win Resolution of Disagreements & Disputes on PSAs
www.eurotraining.com/bro/psa580-1.php

1 Week Training Programs

2-6 April 17
(Kuwait)
9-13 April 17
(Dubai, UAE)
9-13 April 17
(Singapore )
16-20 April 17
(Dubai, UAE)
16-20 April 17
(New Delhi, India )
17-21 April 17
(Accra, Ghana)
23-27 April 17
(Dubai, UAE)
23-27 April 17
( Doha, Qatar)
30 April-4 May 17
(Dubai, UAE)
30 April-4 May 17
(Kuwait)
7-11 May 17
(Dubai, UAE)
7-11 May 17
(New York, USA)
14-18 May 17
(Dubai, UAE)
14-18 May 17
(Los Angeles, CA, USA)
21-25 May 17
(Dubai, UAE)
22-26 May 17
(Orlando, FL, USA)
22-26 May 17
(Toranto, Canada)
28 May-1 June 17
(Dubai, UAE)
28 May-1 June 17
(New York, USA)
4-8 June 17
(Dubai, UAE)
4-8 June 17
(London, UK)
11-15 June 17
(Dubai, UAE)
11-15 June 17
(Barcelona, Spain)
18-22 June 17
(Dubai, UAE)
18-22 June 17
(New York, USA)
25-29 June 17
(Dubai, UAE)
25-29 June 17
(Los Angeles)
2-6 July 17
(Dubai, UAE)
2-6 July 17
(New York, USA)
9-13 July 2017
(London, UK)
9-13 July 17
(Dubai, UAE)
9-13 July 17
(Doha, Qatar)
16-20 July 17
(Dubai, UAE)
16-20 July 17
(Kuwait)
23-27 July 17
(Dubai, UAE)
23-27 July 17
(New Delhi, India)
30 July-3 Aug 17
(Dubai, UAE)
30 July-3 Aug 17
(Singapore)
6-10 Aug 17
(Dubai, UAE)
6-10 Aug 17
(Kuala Lumpur)
13-17 Aug 17
(Dubai, UAE)
13-17 Aug 17
(New York, USA)
20-24 Aug 17
(Dubai, UAE)
20-24 Aug 17
(Los Angeles, CA, USA)
27-31 Aug 17
(Dubai, UAE)
27-31 Aug 17
(Houston, USA)
3-7 Sept 17
(Dubai, UAE)
3-7 Sept 17
(Orlando, FL, USA)
10-14 Sept 17
(Dubai, UAE)
10-14 Sept 17
(New York, USA)
17-21 Sept 17
(Dubai, UAE)
17-21 Sept 17
(London, UK)
24-28 Sept 17
(Dubai, UAE)
24-28 Sept 17
(Madrid, Spain)
1-5 Oct 17
(Dubai, UAE)
1-5 Oct 17
(Valencia, Spain)
8-12 Oct 17
(Dubai, UAE)
8-12 Oct 17
(Limassol, Cyprus)
15-19 Oct 17
(Dubai, UAE)
15-19 Oct 17
(Istanbul, Turkey)
22-26 Oct 17
(Dubai, UAE)
22-26 Oct 17
(New Delhi)
29 Oct-2 Nov 17
(Dubai, UAE)
29 Oct-2 Nov 17
(Doha, Qatar)
5-9 Nov 17
(Dubai, UAE)
5-9 Nov 17
(Kuwait)
12-16 Nov 17
(Dubai, UAE)
12-16 Nov 17
(New York, USA)
19-23 Nov 17
(Dubai, UAE)
19-23 Nov 17
(Houston, USA)
26-30 Nov 17
(Dubai, UAE)
26-30 Nov 17
(Orlando, FL, USA)
3-7 Dec 17
(Dubai, UAE)
3-7 Dec 17
(Los Angeles, CA, USA)
10-14 Dec 17
(Dubai, UAE)
10-14 Dec 17
(San Francisco, USA)
17-21 Dec 17
(Dubai, UAE)
17-21 Dec 17
(London, UK)
24-28 Dec 17
(Dubai, UAE)
24-28 Dec 17
(New York, USA)
31 Dec 17 - 4 Jan 18
(Dubai, UAE)
31 Dec 17 - 4 Jan 18
(Limassol, Cyprus)

Useful Links


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What is Covered in this Training?

  1. This Petroleum Production Sharing Agreements (PSAs) Contract Manager Training Workshop Builds Professionals who will 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 Managers who can Manage all aspects of the PSA Unit in their organizations, including managing the PSA Professionals to effectively Administer PSA Contracts with focus on Protecting the Petroleum Production Project and their employer. These managers will ensure the PSA Unit efficiently and effectively Plans the Processes, Delegates Responsibilities, Controls Performance, Prepares & Keeps Updated PSA SOPs, Maintains an Effective PSA Knowledge System, Ensures Staff have the required Competencies, Monitors Performance, Solves Problems, Coaches the Professionals, Resolves Disputes and Provides Meaningful Reports to Management.
  3. This program provides the PSA Contract Manager participant the essential Understanding, Competencies, Skills, Process Knowledge and Management Guidance to perform his Professional Assignment in an effective, efficient, customer focused manner, always targeting for Meeting the Operational & Strategic Objectives. This is a comprehensive program.
  4. Program Topics mentioned below will be discussed in great detail to ensure the participants gains a full Multi-Discipline Multi-Stakeholder Latest-Technology Equipped Understanding of the Processes he will be required to Plan, Execute, Supervise or Improve.
  5. Production sharing Contracts PSAs are prone to many problems, this program will discuss these problem areas, and suggest solutions from Good Practices, and, Benchmark with International Best Practices.
  6. This Professional training program will also discuss in detail for each of the important Risks and Conditions in Production Sharing Contracts PSAs the True Contractual Understanding, the Contract Administration Requirements, the communications required, the Documentary Records to be Maintained, potential disputes and best strategies for win-win dispute resolution.

Who Should Attend?

  1. This program is intended for Production Sharing Agreement Decision Makers, PSA Professionals, Managers, Auditors, Finance Departments, Government Decision Makers and Oversight Committee Members, Regulators and Policy Makers.
  2. This program content and knowhow will also be useful for promising PSA Contract Administrators so they can be prepared for future PSA Unit Management Roles.

Training Content & Modules

Petroleum Production Sharing Agreements (PSAs) Contract Manager Skills


  1. Business Aspects of Petroleum Production Sharing Agreements (PSAs)
  2. PSA Problems, Leakages, Inefficiencies and Solutions
  3. PSA Stakeholders and their Expectations
  4. Legal & Regulatory Aspects of PSAs
  5. PSA Operational Objectives
  6. Short discussion on PSA Possible Problems, Leakages, Inefficiencies and Solutions arising from lack of Company or Regulatory Control over the PSA Process
  7. Managing PSA

    (1) Ringfencing exploration, discovery, commercial discovery
    (2) Licensee Contracts
    (3) Inflation of Costs by Contractors
    (4) Relinquishing of Exploration Rights
    (5) Contractual Relinquishment of Exploration Rights
    (6) Dispute Resolution by Independent Expert
    (7) Failure to Deliver the PSA Area
    (8) Failure to Invest Adequately
    (9) Insufficient Cost Control
    (10) Owner Committee approval of Key Procurements, Materials and Subcontracts
    (11) Alignment of Recoverable Cost to Work Plans
    (12) Approval of Change of Control or Participating Interest
    (13) Preemptive Rights
    (14) Termination Process
    (15) Petroleum Sales
    (16) Local Community Hiring & Training.
  8. Managing the Processes for

    < (1) Contract Conditions Drafting
    (2) Contract Administration
    (3) Management Controls under Various Clauses
    (4) Incentives
    (5) Use of Expert Committees for Major Expense Proposals
    (6) Intelligent Record Keeping and Reporting.
  9. Risks Sharing on Production Sharing Agreements
  10. Understanding the True Interpretation Rules of Key Provisions
  11. Understanding Key PSA conditions
  12. Managing PSA Contractual Communications
  13. Good Practices for Maintaining PSA Contractual Records
  14. Documenting Evidence to Help Resolve Disagreements and Disputes
  15. Negotiating Win-Win Settlement of PSA Disputes
  16. Building a PSA Contract Administration & Dispute Resolution Knowledgebase
  17. Program Recommendations
  18. Detailed PSA Personalized Improvement Outline Action Plan

1 Week Training Program

Outcomes & Takeaways

Euro Training has been providing
  1. Knowhow and Technology Transfer to the Participants. Building relevant Understanding, Competencies & Process Knowledge.
  2. Multi-discipline understanding of Program Topics.
    Means that post program when participant takes decisions, related to his work, participant will automatically and subconsciously consider and take into account (as applicable) Internal & External Customer Needs and Expectations, Operational & Strategic Objectives, Regulatory Aspects, Industry Standards, Technology Options, Understand Helpful Modern Tools and Methods, Understand Risks, Actions for Increasing Productivity, Legal & Contractual Aspects, Intellectual Property Aspects, Safety, Security, Audit, Cost Benefit Aspects, Value Engineering Opportunities, Key Performance Indicators, Meaningful Performance Evaluation System, and, Data Analytic Opportunities.
    This type of understanding and habit otherwise develops after years of rich and diverse work experience. (few get this opportunity)
  3. Knowledge Framework outline which will enable the participant to understand and learn the right lessons from his own past, present and future on-the-job experience.
  4. Training that will empower the participant to identify, support and implement improvements in his work area, team, section, department, and organization.
This 1 Week Training Program participant will typically take away...
  1. Program related knowhow, skills, competencies and process knowledge.
    This program will use case studies and benchmarked Good and Best Practices to enhance participant understanding and competencies.
  2. Domain Knowledge and process knowledge.
    The participant will become empowered and should become more Productive, Effective, Efficient, Customer Focused and Strategic Focused.
    At the end of the program, the Participant will prepare a Customized Outline Action Plan which will serve as the roadmap to implement some key improvements in his work area.

Benefits to the Organization Sponsoring Participants to this program

(Benefits made possible by Euro Training's unique, multidiscipline, customer focused, strategic focused, easy to understand and apply training methodology that relies on Industry Good and Best Benchmarked Practices)

Participant Individual Career Benefits

  1. First, and most important benefit, is the positive self-esteem that will come from being able to do your work right first time and meet internal and external customer expectations.
  2. Second, the Program developed Understanding, Skills & Competencies will help you successfully present your professional and Team skills at Job Interviews and Internal Performance Evaluation Reviews.
  3. You gain a clear direction for analyzing, proposing and implementing improvements in his work area.
    The outline action plan you prepare and take away after the program will help you take improvement initiatives and make a positive difference in your performance on the 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.
  4. Post program when you take decisions related to your work processes you will automatically consider (as applicable): Internal & External Customer Needs and Expectations, Technology Options, Helpful Tools and Methods, Consider Risks, Mitigate Risks, Take Actions that Increasing Productivity, Consider Legal & Contractual Aspects, Consider Intellectual Property Aspects, Pay attention to Safety and Security, Consider future Audit, Weigh Cost Benefit between options, Be Mindful of Key Performance Indicators (KPIs), Consider how Performance will be evaluated, and, Consider need for and Opportunity to Develop a Decision Support Knowledge Base, .... (and possibly more multi-discipline aspects).

Registration Form

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Optional Fields


Registration Information 1 Week Program

  1. To register: Please send us an official letter confirming registration (on organizational letterhead). Also send us a completed registration form ?electronically fill-able is at- available at http://www.eurotraining.com/etl-reg-1w.doc You can request or registration form by Emailing regn@eurotraining.com and eurotraining@gmail.com
  2. For Program Fee Information Email: fees@eurotraining.com . Fees are Payable by Bank Transfer or Bank Draft. Fee information is also available at: http://www.eurotraining.com/fees.pdf .
  3. Program Fee is
    • 1 week (5 day/30 hrs) Training Program:
      Classroom Training at Dubai, Kuwait, New Delhi, Qatar £4,315 (USD $5,500) per participant.
      At London, US Locations, Europe, Malaysia, Singapore £4,747 (USD $6,050) per participant.
      Online eTraining Fee £2,000 (USD $2,500) per participant.
    and includes Course Materials, Certificate, Refreshments and Lunch (classroom programs). www.eurotraining.com/admin/fees.php)
  4. Accommodation is not included in Program fee. Special rates will be available at venue hotel for the class room training program participants.
  5. Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
  6. Refund will not be considered where the participants cancels his registration less than 3 weeks before start of the program. Alternate nominations will be allowed anytime before program start. In case of exceptional hardship or emergency participant may be allowed to attend at another location.
  7. All participants are required to fill in Participant Information form - on first day of the program. Each program Undergoes Customization to Better Meet Participant Present and Future Career Needs. Please be prepared to let the Instructor/s know about your organization's Special Needs, Interests or Initiatives.
  8. It is always useful for participants to bring their existing problems or case studies, work-process flow charts or job related problems for discussion - consideration will be at sole discretion of the program director/s.
  9. Provisional Registration : You can make a provisional registration request by sending us an email with an official provisionsl registration request this will ensure we will reserve a seat for you for 14 days. After this you have 2 weeks to send us an official registration request. Provisional registration is automatically cancelled at the earlier of (1) 2 weeks after Provisional Confirmation if registration is not confirmed from your side (2) Two weeks before start of the program. We do request you to inform us ASAP you have decided either way. Please note All provisional registrations automatically cancel 2 weeks before program start unless confirmed.
  10. Information required for Provisional Registration: Program Title, Location, Dates, Your Organization Name, Your Email Address, Your FAX No and your Mobile Number.


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