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Production Sharing Contracts & Upstream Economic Analysis - London
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This course explores the structure and mechanisms of production sharing contracts (PSC's) for upstream oil and gas projects. Studying the underlying processes and commercial drivers, participants will examine case studies to illustrate the economic structure of these complex agreements.


View all courses in Energy - Oil & Gas Upstream

Course Overview

This course explores the structure and mechanisms of production sharing contracts (PSC's) for upstream oil and gas projects. Studying the underlying processes and commercial drivers, participants will examine case studies to illustrate the economic structure of these complex agreements.

The PSC Economic course brings the theory to life, allowing course attendees to build and interpret their own PSC model based on a real life example.

Enhance your knowledge in the following key areas:

  • The history and evolution of production sharing contracts (PSC’s)
  • The PSC flowchart, content and format
  • Cost recovery
  • Profit sharing
  • Bonuses
  • Sliding scale fiscal mechanisms
  • Taxation
  • Ring fences
  • The economics of PSC’s
  • Plus: Libya PSC economics workshop

Course Objectives

  • Learn about the history, evolution & structure of PSC's
  • Investigate cost recovery & profit sharing
  • Examine fiscal mechanisms & ring fence calculations
  • Identify taxation liability & allowances
  • Construct a production sharing contract spreadsheet model
  • Interpret model outputs to enhance investment decision making

Who Should Attend

  • Production sharing partners
  • Economists working in the industry
  • Business development managers
  • Lawyers involved in the industry
  • Analysts working in the industry
  • Auditors working in the industry


This course has now expired please email us to find out when the course will next be running.



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