Course Overview
Master the legal, fiscal, and commercial foundations of Production Sharing Contracts for effective petroleum-sector governance.
Course Overview
Production Sharing Contracts (PSCs) remain one of the most widely used contractual models for managing oil and gas exploration and production—particularly in emerging markets and resource-rich jurisdictions. This course provides a comprehensive understanding of how PSCs are structured, negotiated, and managed, focusing on legal frameworks, fiscal systems, commercial obligations, and state–investor relationships.
Participants learn to interpret PSC clauses, evaluate fiscal terms, manage regulatory compliance, and optimise government and contractor interests. Using real-world examples and case studies, the programme equips professionals with the knowledge to strengthen petroleum governance, maximise national value, and ensure contract integrity throughout the project lifecycle.
What you’ll learn
By the end of this course, participants will be able to:
- Understand the legal and institutional basis of PSCs across global jurisdictions.
- Analyse key contractual provisions covering exploration, development, and cost recovery.
- Evaluate fiscal terms, profit-sharing formulas, and government take considerations.
- Navigate regulatory, environmental, and operational compliance requirements.
- Manage stakeholder relationships, performance monitoring, and contract administration.
Certification Details
Upon successful completion of this programme, participants will receive an Oxford Knowledge Certificate of Completion.
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Awarded by: Oxford Knowledge
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Format: Printed certificate with unique ID and optional digital verification
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Delivery: Issued at course completion or sent within 7 working days
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Recognition: Certificates validate participation in advanced, expert-led training aligned with global industry standards.
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Accreditation: Oxford Knowledge certifications represent advanced learning led by global experts. We are actively pursuing formal accreditations with top-tier institutions to further enhance your credentials.
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This certificate demonstrates your commitment to professional excellence and is a valuable addition to your leadership and development portfolio.
Requirements
- Designed for government officials, regulators, NOC professionals, legal advisors, commercial managers, and policy analysts
- Suitable for ministries, national petroleum agencies, international oil companies, and development organisations
- No prior petroleum law background required; concepts are introduced step-by-step
- English proficiency required (course delivered in English)
Instructor
