The energy industry as a whole is going through a period of fundamental change. The increasing global demand for energy, combined with the declining production and reserves from existing fields, presents a significant challenge for suppliers. The oil and gas industry is highly capital-intensive due to the enormous cost of developing properties and the low probability of success. Retained earnings of oil and gas companies are in large sums of cash. All of these factors introduce increased risk to

Blockchain technology could be an excellent solution for the oil and gas industry because the industry is so heavily regulated from the land, environment, tax, risk, markets, etc. The ledger system offers many advantages to an industry that comes under much scrutiny and must be accurate and transparent with the government and its investors. The monolithic data trail of unalterable blocks would allow for full compliance. Additionally, stakeholders could observe an entire project’s history and use the data therein to base future investments or address serious challenges.

Fiscal SystemsThe petroleum fiscal regime of a country is a set of laws, regulations and agreements that govern the economic benefits derived from petroleum exploration and production. Two main fiscal systems (a) production sharing contracts/agreements (PSC/PSA) and concessionary systems are discussed in the course. The course outlines major differences between these two main types of fiscal systems and presents the terms used and the effect of various terms on the contractor’s profitability and the host gove 

Liquefied Natural Gas (LNG) is becoming an increasingly important fuel in the global energy marketplace. In this unique and comprehensive course, you will be introduced to the fundamentals of the global LNG market, learn about updates to the contract terms, pricing strategies in competitive markets, and sales/purchase agreements. It will also include a series of in-depth country case studies in Asia-Pac, as well as transportation and storage technologies as additional determinants in making the