TRAINING PETROLEUM CONTRACTUAL SYSTEM

Training Dinamika Bisnis Petroleum

Training General Assessment On Petroleum Exploitation

COURSE CONTENT

The Key issues of contract are the ownership of hydrocarbons and state sovereignty of natural resources, goals of petroleum policy, state participation, petroleum authorities, the role of national companies, exploration and production regulations.

Contractual systems consist of concession contract, production contractual contracts and other contractual form. Mostly, Production Sharing Contracts are applied in Indonesia. However, other contractual from can also be applied. Petroleum is common property resources, therefore its management should give greatest benefit for the people

COURSE CONTENT

* Dynamics of Petroleum Business
* Methods to Measure Profit Indicators
* Government Take from Tax and non Tax
* Important Issues on Law, Fiscal and Frame work of Upstream Petroleum Contracts
* General Assessment on Petroleum Exploitation and Production Concession
* Production Sharing Contract
* Other Contractual Systems
* Comparison between Systems
* Petroleum Contracts in Indonesia

PARTICIPANTS

* Engineers and Staff (Production, Operations, Facilities, Reservoir, Petroleum, Optimization, Design, Construction, and Maintenance)
* Geoscientists (Geologists, Geophysicists, and Petro physicists)
* Non Engineers (Accounting, Finance, Legal, Planning, Contract, Support)
* Team Leaders, Supervisors, Superintendents, and Managers
* Anybody who wish to know Petroleum Contractual System

MATERI

1. Dinamika Pengusahaan MIGAS
2. Cadangan (reserve) dan Produksi MIGAS
3. Metoda-metoda mengukur indikator Keuntungan
4. Menentukan Pilihan dari Alternatif Biaya
5. Pajak dan Penerimaan Pemerintah Bukan Pajak
6. Plan of Development and Autorization for Expenditure
7. Statistik untuk Proyek Migas
8. Manajemen Resiko dan Analisis Sensitivitas
9. Analisis Resiko dan Pengambilan Keputusan
10. Simulasi Monte Carlo
11. Hukum dan Perundang-undangan Pertambangan Migas
12. Kontrak-kontrak Pengusahaan Migas

Instructor
Prof. Dr. Ir. Widjayono Partowidagdo, M.Sc

Prof. DR. Ir. Widjajono Partowidagdo, M.Sc is a Professor in Petroleum Economics and Field Management at the Faculty of Mining and Petroleum Engineering, Institut Teknologi Bandung and a member of P3 Migas Team (Supervision for Increased Petroleum Production). He was the Head of the Research Group in Drilling and Production Engineering and Management of Oil and Gas at the Faculty of Earth Sciences and Mineral Technology, ITB from 2005-2007, Head of Graduate Program in Development Studies ITB from 1993-2004, Vice Dean for Academic Affairs, Faculty of Mining Technology and Senate Member of ITB from 1994-1997 and Coordinator for Research in Sustainable Development at the Inter-University Center for Economics, University of Indonesia from 1989-1992.

He received his Bachelor in Petroleum Engineering from ITB, MSc in Petroleum Engineering, MSc in Operations Research, MA in Economics and PhD with a dissertation on “An Oil and Gas Supply and Economics Model for Indonesia” from the University of Southern California, Los Angeles, USA. He has written 2 books: Management and Economy of Oil and Gas, 2002 and Understanding Development and Policy Analysis, 2004.