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DTSTART;TZID=Asia/Krasnoyarsk:20260625T083000
DTEND;TZID=Asia/Krasnoyarsk:20260628T160000
DTSTAMP:20260429T162516
CREATED:20241122T161820Z
LAST-MODIFIED:20260406T223301Z
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SUMMARY:PSC Planning and Control (POD\, WP&B\, and AFE)
DESCRIPTION:Background & About the Course\nPSC Planning and Control (POD\, WP&B\, and AFE) are the main issue in oil & gas operation in Indonesia\, aiming for the what so called Cost Recovery. The primary activity in the upstream oil and gas business is to search for and prove the existence of hydrocarbons. Once reserves are successfully identified\, investment and development decisions will be made based on the economic calculations of the field. At this stage\, PSC (Production Sharing Contract) Planning begins and becomes essential. The training will start with a discussion on project economics within the framework of PSC Cost Recovery and PSC Gross Split. This will be followed by discussions related to the Plan of Development (POD)\, covering concepts\, regulations\, procedures\, and documentation preparation. \nOnce the planning process is aligned\, the discussion will continue with the preparation of Work Program and Budget (WP&B) and Authorization for Expenditure (AFE) for annual work. The discussions on WP&B and AFE will not only cover procedures but will also delve into the underlying concepts and principles behind the regulations and preparation processes. \nCourse Objectives\nAfter completing this training\, participants will gain a comprehensive understanding of the subject matter\, equipping them with valuable knowledge that will be beneficial in their daily work. \nWho Should Attend\nThis training is highly suitable for: \n\nEmployees in the Oil & Gas sector\nField technical workers\nExploration\, drilling\, production\, and maintenance teams\, including support teams such as:\nWarehouse staff\nSupply chain teams\nPlanning managers\, both commercial and project development team members\nSupport teams from finance\, human resources\, public relations\, legal\, administration\, and other operational teams\n\nCourse Content\n\nUpstream Business: National & Global Issues\nThe Operation of PSC Cost Recovery & PSC Gross Split from a Business Planning Perspective\nCost and Cost Recovery Treatment: Misunderstandings of Cost Recovery Principles\nCost and Taxation under PSC Gross Split\nDevelopment: Reserves\, Resources\, and Production Forecasts; Estimating Project Revenues Over Time; Estimating Costs and Cash Outlays Over Time; Analyzing Net Cash Flows; External Factors Affecting Project Analysis\nDiscussion on Decision Criteria and Cash Flow Analysis:  NPV\, IRR\, Payback Period\, Profitability\, Discount Rates\, Break-even Analysis\nCorporate Views of Risk: Marketing\, Negotiations\, and Concessions; Presentation of Project Analysis Results; Implementation in Indonesia; Legal and Contractual Aspects\nPlan of Development (POD)\nWork Program & Budget (WP&B) & Authorization for Expenditure (AFE).\nWP&B and AFE Based on PSC Cost Recovery and PSC Gross Split\n\nAbout the Course Leaders\nBenny Lubiantara/ Dr. A Rinto Pudyantoro\, MM\, Ak\, CA \n|Training Berikutnya: Bandung: 20 – 21 Oktober\, 2026
URL:https://smart-training-center.com/event/psc-planning-control-pod-wpb-and-afe/
LOCATION:Jakarta
CATEGORIES:Finance,Oil & Gas
ATTACH;FMTTYPE=image/jpeg:https://smart-training-center.com/wp-content/uploads/2024/11/PSC-Planning-Control-POD-WPB-AFE-1.jpg
ORGANIZER;CN="PT Fiqry Jaya Manunggal":MAILTO:info@fiqry.com
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