Production Sharing Contracts Roundtable

Production Sharing Contracts Roundtable(PSC Roundtable)coming to Middle East

THE 4TH PRODUCTION SHARING CONTRACTS ROUNDTABLE
5-6 October 2011, Mina A’Salam Madinat Jumeirah, Dubai
Upstream Challenges in Exploration & Production in the
Middle East / Gulf: Stability vs. Sovereignty

Organised By :

The 4th PSC Roundtable was held in Dubai for the first time, on 5-6 October 2011, as part of the Middle East Petroleum and Gas Week with delegates and speakers from 14 countries, representing the national oil companies, the oil majors and independents, exploration companies, investment and equity groups and legal and financial consultants in attendance. A wide range of issues surrounding the PSC and its derivatives, government share, fiscal design, investment& financial considerations, unconventional gas scenario and dispute resolution within a wider landscape of oil and gas developments, were deliberated at the conference. The intimate setting and format of Roundtable discussions facilitated optimum knowledge sharing and networking, with fiscal design experts addressing the gathering.

The roundtable had an outstanding panel of speakers and was co-chaired by Mr David Johnston, Partner & Managing Director, Daniel Johnston & Co Inc., USA and Mr John Roper, Head of Middle East, E.ON Ruhrgas, UAE.

PSC Roundtable 2011 Highlights:

UAE & Middle East countries comprised the largest share with 66% of the attendance, 14% from Europe, 11% from USA/Canada and 9% from Asia. Click here to view a pie chart of PSC Roundtable 2011 attendance by region.
The theme of the Roundtable Upstream Challenges in Exploration and Production in the Middle East / Gulf: Stability vs Sovereignty was covered by a select group of 15 experts from the Middle East, USA, UK, Canada, Germany, The Netherlands, and Norway. Some of the sessions that were of high relevance to the delegates included issues on:

Role of government, commercial terms and financial / investment considerations
Issues and developments in unconventional gas
Obsolescing bargain vs obsolescing sovereignty
E & P performance activities
PSC s in Iraq
Global impact if North America becomes a net exporter of gas

Testimonials include:

“ Very well organized. Learnt a lot, in particular on some of the key technical / commercial issues”

“ High quality and diversity of speakers, good opportunity to get into contact with industry, size of group makes it easy to get to know each other”

“ The event provided practical information on various subjects related to PSA’s”

“ Very good balance between political/ economic/ lawyer speakers to have an overview”

Click here for more photos of PSC Roundtable 2011:

Click on the links below to view press coverage on the PSC Roundtable 2011.

We look forward to seeing you at our forthcoming events and PSC courses.

Our forthcoming PSC Courses are scheduled for the following venues:

PSC Kuala Lumpur, 28 Feb – 1 Mar 2012
PSC Bahrain, 5-6 May 2012
PSC Singapore, Sept 2012
PSC Houston, Dec 2012

Should you be interested in presenting a paper, being a sponsor or simply attending, any of our events please contact us at Tel: +65 6338 0064 Fax: +65 6338 4090 or email info@cconnection.org

ATTEND THE PSC ROUNDTABLE WITH THE PSC COURSE IN DUBAI
during the Middle East Petroleum & Gas Week, October 1 - 6 2011 in Dubai

	The world's leading course held in over thirty five cities worldwide on Production Sharing Contracts & International *Petroleum Fiscal Systems (PSC Course)*
will be held in Dubai from 1-2 October 2011, and led by Daniel Johnston, a foremost global authority on the subject. Over 45 PSCs will be examined with in-depth discussion, examination and group exercises covering:-

Evolution of the current PSC, Service Agreements and Concessionary Systems
Comparisons of PSC in China, Asean, the Indian Sub-Continent, Russia/CIS, the Middle East, Australia & others
Critical analysis of legal systems, fiscal terms and commerciality clauses
Analysis of risk/reward dynamics & their impact fiscal design and negotiations
Progressive and regressive elements and rates of return

Conveniently timed in the same week, upstream professionals, contract managers, tax/fiscal and legal specialists and negotiators will be able to attend both events and benefit from a thorough examination of production sharing contracts and agreements and fiscal modeling at the PSC Course and and meet their counterparts and peers at the two-day Roundtable on 5 - 6 October 2011, to examine, discuss and debate the latest issues in production development, and hear from heads of National Oil Companies, the oil majors and governments in the Gulf, on their vision for new growth, stakeholders, profitability and new upstream ventures.

Fees

Full Fee	US$ 2150 per person
Alumni Fee	US$ 1935 per person
Group / Team Fee	US$ 1935 per person (2nd & subsequent delegate)
Joint Attendance Fee	$4385 per person Associated Event The 19th Annual Middle East Petroleum & Gas Conference