Indonesia’s upstream oil and gas sector has undergone significant regulatory transformation, particularly in 2017 with the shift from the traditional Cost Recovery PSC to the newer Gross Split PSC model. Each scheme has distinct implications on risk-sharing, government take, contractor flexibility, operational efficiency, and investment appeal. Understanding these changes is crucial for regulators, contractors, financial controllers, legal advisors, and operational staff involved in oil and gas exploration and production activities.

By the end of this training, participants will be able to:

• Understand the key differences between Cost Recovery PSC and Gross Split PSC.
• Evaluate the legal, financial, and operational impacts of each scheme
• Identify the implementation challenges and best practice
• Analyze how each PSC scheme affects economic calculations, investment decisions, and government take.