Day 1

Petroleum Fiscal System

• History
• Fiscal System Overview (Concession & Contractual)

Day 2

Concession System

• Features
• Royalty (Government Royalty, Chargeable & Rates, Example)
• Tax (CIT, Losses, Capital Allowance, Profit Tax)

Day 3

Production Sharing Contract

• Features
• The Contract
• Cost Recovery & Profit Sharing (Elements, Examples, and Bonus)

Day 4

Service Contract

• Features
• Type of Service Contract (Risk Service Contract and Pure Service Contract)

Day 5

Fiscal Regime in Practice

• Ring Fencing
• Sliding Scale (Step Rate vs Incremental Rate)
• Reserve Booking
• Example (Comparison & Various System)

Petroleum Engineers, Non-Petroleum Engineers or Scientists, field personnel, Management, Support Staff, new hires, IT services, Accounting.

Ahmad Erik Soulisa, B. Sc
Retired Upstream Petroleum Economist. Vast experience and strong knowledge in Oil & Gas upstream planning and investment management. About twenty years experience related to Indonesian PSCs. Also, exposure to global Oil and Gas fiscal terms : Asia, Middle East, & Africa. Experience as instructor in internal/inhouse and public trainings on Petroleum Economics and Risk Analysis