PSC Cost Recovery and Gross Split
Description
This course covers the basic concepts and principles of Production Sharing Contract (PSC) Cost Recovery and Gross Split mechanisms in the Oil and Gas industry.
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What You Will Learn
By the end of this training course, participants will be able to:
Understand the basic principles of PSCs and their role in the Oil and Gas industry
Identify the key components and terms of Cost Recovery and Gross Split mechanisms
Explain the purpose and benefits of each mechanism and their impact on project economics
Calculate and allocate costs and revenues under each mechanism
Understand the differences between Cost Recovery and Gross Split mechanisms
Evaluate the factors that influence the selection and application of each mechanism
Understand the basic principles of PSCs and their role in the Oil and Gas industry
Identify the key components and terms of Cost Recovery and Gross Split mechanisms
Explain the purpose and benefits of each mechanism and their impact on project economics
Calculate and allocate costs and revenues under each mechanism
Understand the differences between Cost Recovery and Gross Split mechanisms
Evaluate the factors that influence the selection and application of each mechanism
Syllabus
Day 1
1. Introduction to PSCs
Definition and types of PSCs
Key terms and components of PSCs
2. Cost Recovery Mechanism
Definition and Purpose of Cost Recovery
Cost categories and eligible costs
Cost Recovery calculation and allocation
Limitations and Challenges of Cost Recovery
Definition and types of PSCs
Key terms and components of PSCs
2. Cost Recovery Mechanism
Definition and Purpose of Cost Recovery
Cost categories and eligible costs
Cost Recovery calculation and allocation
Limitations and Challenges of Cost Recovery
Day 2
3. Gross Split Mechanism
Definition and Purpose of Gross Split
Calculation and allocation of revenue under Gross Split
Advantages and Disadvantages of Gross Split
Factors influencing the selection of Gross Split
4. Comparison of Cost Recovery and Gross Split
Differences in the calculation and allocation of costs and revenues
Economic considerations and impact on project profitability
Factors influencing the selection of Cost Recovery or Gross Split
Definition and Purpose of Gross Split
Calculation and allocation of revenue under Gross Split
Advantages and Disadvantages of Gross Split
Factors influencing the selection of Gross Split
4. Comparison of Cost Recovery and Gross Split
Differences in the calculation and allocation of costs and revenues
Economic considerations and impact on project profitability
Factors influencing the selection of Cost Recovery or Gross Split
Day 3
5. Case Studies and Examples
Real-life examples of Cost Recovery and Gross Split mechanisms
Evaluation of project economics under each mechanism
6. Conclusion
Summary of key concepts and principles
Discussion of future trends and developments in PSCs and Cost Recovery/Gross Split mechanisms
Real-life examples of Cost Recovery and Gross Split mechanisms
Evaluation of project economics under each mechanism
6. Conclusion
Summary of key concepts and principles
Discussion of future trends and developments in PSCs and Cost Recovery/Gross Split mechanisms
IDR 19.000.000
Details
Duration for 2 days
IPDC Training Institute, Jalan Mampang Prapatan Raya, RT.1/RW.6, Duren Tiga, South Jakarta City, Jakarta, Indonesia
Mon, 28-04-2025 00:00 AM - Wed, 30-04-2025 00:00 AM
Indonesian
Advanced
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IDR 19.000.000
20/20 Seats Available
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Order Summary
| Date | Total |
| 18/04/2025 |
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