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Seminar Director

Mr Michael Bunter

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Fiscal Systems and Risk Analysis

Licensing and Regulatory

Contracts and Negotiations

Arbitration and Dispute Resolution

Mining

Monitoring & Regulation of the Upstream Petroleum Sector

Click here to access the full printable brochure and to book your place.

New for 2009

Who is it for?

Why Participate

In the changing world of petroleum, the growing trend now is for State Oil Companies (SOCs) choosing to work in collaboration with the International Oil Companies (IOCs). This presents a regulatory challenge for the host governments and the supervising ministries as well as the SOCs and IOCs - how is regulation to be independent and effective as well as carried out in the national interest?

The industry faces the pressures of increasing costs, soaring salaries, a dwindling pool of skilled manpower and the need for constant investment. On the other hand, government regulators and inspectors, mandated by petroleum legislation, have to keep up with the advances and pressures of this continuously-evolving technology-based industry.

A knowledge of government structures, training, management, staffing and mandates are important in this task.

Learning Outcomes

Modern petroleum regulation is goal setting and principles based, not prescriptive and rules-based. The process employs international standards of hardware and management as devised by international organisations such as the International Standards Organisation (ISO) as well as reputed international bodies such as the Energy Institute (UK), Institut Français du Pétrole (France) and the American Petroleum Institute (USA).

The self-regulatory process, the software, involves the establishment of the Safety Case and then its rigorous audit by government agencies.

Participants will come away with a broad understanding of international standards, including ISO standards and practices, as well as the implementation of Good Oilfield Practice and new developments in the industry.

Click here to access the full printable brochure and to book your place.