Gain a comprehensive understanding of the commercial, fiscal and contractual foundations of upstream oil and gas projects, with a special focus on Indonesia. This intensive 5-day training course provides practical insights into how petroleum contracts are structured, how governments capture value, and how companies evaluate investment opportunities.

Designed for professionals working across the energy value chain, the course combines theory, real-world case studies and hands-on economic modelling.

Production Sharing Contracts (PSC) and Gross Split Regimes in Indonesia

Explore in detail the Production Sharing Contract (PSC) system and Indonesia’s evolving gross split regime. You will learn how these frameworks operate in practice, including:

• Cost recovery and profit oil mechanisms
• Fiscal terms and government take
• Contract negotiation and risk allocation
• Key differences between PSCs, concessions and service contracts
• Understand how Indonesia structures its upstream agreements to attract investment while maximising national value.

Petroleum Economics and Financial Modelling for Upstream Projects

Develop the skills needed to evaluate oil and gas investments using industry-standard economic tools. Key topics include:

• NPV, IRR, breakeven price and payout analysis
• Impact of fiscal terms on project value
• Reserves, pricing and cost structures
• Financing strategies for upstream projects

Participants will work with Excel-based models to analyse real project scenarios.

Joint Venture Structures and Risk Management in Oil and Gas

Learn how joint ventures are structured and managed in upstream oil and gas projects. The course covers:

• Joint Operating Agreements (JOAs)
• Operatorship and partner roles
• Decision-making and governance
• Risk sharing, disputes and commercial strategies

Understand how to optimise partnerships and manage complex multi-party projects.

Energy Transition, Carbon Pricing and CCUS in Indonesia

Examine how the energy transition is reshaping the oil and gas sector, with a focus on Indonesia:

• Carbon pricing mechanisms and regulatory trends
• Emissions management and reporting
• Carbon Capture, Utilisation and Storage (CCUS)
• Integration of low-carbon business models

Learn how companies are adapting strategies to remain competitive in a lower-carbon future.

This course is ideal for professionals involved in:

• Oil and gas companies (upstream, commercial, finance, strategy)
• Government agencies and regulators
• National oil companies (NOCs)
• Investors, analysts and financial institutions
• Legal, advisory and consulting professionals