Course Detail

Economic Aspects of Production Sharing Contracts Dubai Duration: 1 Week/s

Course Information

  • Course Price $5550
  • Location Dubai Courses
  • Course Code EAPSCD
  • Course Date 19 Sep - 23 Sep 2022

Course Objectives

The course gives an introduction to the upstream economic aspects of Production Sharing Contracts (PSC's)

Who Should Attend?

Those personnel working in the upstream industry not familiar with Production Sharing Contracts and requiring either a working or practical knowledge of the financial mechanics and economic aspects of the contracts. It is suitable for delegates from all technical and commercial disciplines

Prerequisite Courses


Course Overview

Learn about the history, evolution and structure of PSC's
Investigate cost recovery
Understand profit sharing
Learn about bonuses and bonus calculations
Examine sliding scale fiscal mechanisms
Identify taxation liability and allowances
Study ring fence calculations and examples
Analyse and discuss the economics of PSC's
Construct a production sharing contract spreadsheet model, derive relevant economic metrics and draw conclusions to aid decision-making

Course Materials

Course notes