Governments across the oil and gas world are redesigning their tax and fiscal frameworks at the same time the industry is being pushed toward renewables and hydrogen. Arab British Fellowship Training Academy put together this training course for the mixed group of professionals who have to make sense of that shift: geologists, petroleum engineers, bankers, accountants, negotiators, economists and lawyers all sit in the same room here, because fiscal decisions in this sector never stay inside one department.

The course is led by a team of internationally experienced energy engineers and walks participants through how concessions, production-sharing agreements, joint ventures and service agreements actually work in practice, then connects that fiscal knowledge to what the energy transition means for future petroleum agreements.

Who Should Attend?

• Government officials, regulators and license administrators.
• Country managers and external relations managers.
• CEOs, CFOs and other senior decision-makers.
• Tax advisers, tax planners and legal counsels working across the energy sector.

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

• Understand the nature of major global tax functions and how government policy shapes them.
• Compare diverse tax regimes: concessions, production-sharing agreements, joint ventures and service agreements.
• Examine the underlying economic characteristics that set one fiscal regime apart from another.
• Read the competitive global investment environment across the oil and gas sector.
• Analyse individual tax characteristics and general conditions specific to upstream projects.

Module 1: Global Tax Functions and Regime Types

• Nature and detail of the major tax functions applied across the world.
• Comparing regimes built on concessions, production-sharing agreements, joint ventures and service agreements.

Module 2: Economic Analysis of Fiscal Regimes

• Underlying economic characteristics of different tax regimes.
• Advanced economic analysis using Excel-based spreadsheet models.

Module 3: The Global Investment Climate

• Reading the competitive global environment for investment in the oil sector.

Module 4: Where Oil Taxation Is Heading

• Future trends shaping oil taxation policy.

Module 5: The Energy Transition's Impact on Oil & Gas

• How renewables and hydrogen (the "Energiewende" shift) are reshaping the oil industry.

Module 6: Building the Next Generation of Petroleum Agreements

• Constructing a new petroleum energy agreement that reflects the transition underway.