An Interactive 5-Day Training Course

Upstream Petroleum Regulations, Governance and Compliance

Governance, legality, compliance and risk across the upstream petroleum lifecycle

Upstream Petroleum Regulations, Governance and Compliance

Scheduled Dates

14 - 18 Dec 2026
Casablanca - Morocco
$5,950
05 - 09 Apr 2027
Amsterdam - The Netherlands
$5,950
16 - 20 Aug 2027
London - UK
$5,950
13 - 17 Dec 2027
Casablanca - Morocco
$5,950

Why Choose this Training Course?

The Upstream Petroleum Regulations, Governance and Compliance training course is designed for professionals who need a clear understanding of how licensing requirements, contractual commitments, compliance obligations, ESG considerations, safety requirements, and decommissioning responsibilities influence decision-making in the upstream oil and gas sector.

This training course equips participants with the knowledge needed to manage regulatory risk, engage effectively with regulators and industry partners, and make legally sound decisions throughout the upstream petroleum lifecycle. The training course combines straightforward legal concepts with practical examples to simplify complex regulatory responsibilities and support their effective application and communication. Participants will examine the complete upstream regulatory framework, from resource ownership and the award of licences or Production Sharing Contracts through to production approvals, environmental regulation, health and safety obligations, local content requirements, enforcement actions, dispute resolution processes, and end-of-life asset responsibilities.

The training course is particularly beneficial for professionals working in legal, regulatory, commercial, governmental, and energy-sector roles who require a practical and structured understanding of upstream petroleum regulation in real-world projects. Participants will leave with enhanced confidence, improved awareness of regulatory risks, and practical approaches to informed decision-making.

This Upstream Petroleum Regulations, Governance and Compliance training course will highlight:

  • Upstream licensing systems, approvals, operatorship, and regulatory decision-making
  • Contractual access mechanisms including Production Sharing Contracts and Joint Ventures
  • Major legal, commercial, and governance risks throughout the petroleum project lifecycle
  • Environmental, climate, ESG, and host community obligations affecting upstream operations
  • Health, safety, emergency response, and major accident risk regulation
  • Decommissioning, enforcement, dispute resolution methods including arbitration and mediation, and emerging regulatory developments

What are the Goals?

At the end of this Upstream Petroleum Regulations, Governance and Compliance training course, you will be able to:

  • Understand upstream petroleum regulatory and contractual frameworks
  • Analyse licensing and compliance requirements
  • Apply ESG and safety obligations
  •  Evaluate regulatory risks and liabilities
  • Develop effective governance and dispute resolution strategies

Who is this Training Course for?

This Upstream Petroleum Regulations, Governance and Compliance training course is suitable for a wide range of professionals and will be particularly valuable for:

  • Legal, regulatory affairs, governance, and compliance professionals
  • Operations, engineering, exploration, and production personnel
  • Risk management, audit, assurance, and HSE professionals
  • Commercial, contracts, procurement, project management, and public regulation professionals
  • Professionals responsible for overseeing petroleum activities within government and regulatory authorities

How will this Training Course be Presented?

This training course is delivered through expert-led presentations, interactive discussions, practical case studies, and applied regulatory exercises. Participants will review real upstream industry scenarios involving licensing, contracting, ESG, safety management, decommissioning, and compliance-related risks. The facilitator will promote active participation through questions, knowledge sharing, and collaborative learning. Group-based activities will enable delegates to apply regulatory concepts to practical business and operational decisions.

Organisational Impact

The organisation will gain the following benefits:

  • Strengthened regulatory and contractual compliance across upstream operations
  • Improved governance and accountability throughout petroleum operations
  • Enhanced identification and management of regulatory risks
  • Better integration of compliance requirements into operational decision-making
  • Stronger audit preparedness and regulatory reporting capabilities
  • Improved oversight of contractor and partner compliance activities

Personal Impact

At the end of this training course, participants will gain:

  • A deeper understanding of upstream petroleum regulatory and contractual frameworks
  • Practical skills for interpreting and applying regulatory requirements
  • Greater confidence in identifying and evaluating risks
  •  Enhanced ability to address complex governance challenges
  • Stronger capabilities in compliance monitoring and reporting
  • Broader expertise that supports career advancement and leadership development

Daily Agenda

Day 1: Foundations of upstream petroleum regulation, contracting, and governance
  • The upstream petroleum lifecycle and its regulatory context
  • Principles of resource ownership and sovereign rights
  • Legal frameworks governing exploration, development and production
  • Formation of contracts in the upstream sector 
  • Contracting: roles and responsibilities of public authorities and operators
  • Relationships between legislation, regulations and contractual obligations
  • Core principles of governance, accountability and transparency
  • Public interest, energy security and sustainable development. 
Day 2: Licensing, contracts and regulatory approvals

  • Frameworks for awarding and maintaining petroleum rights
  • Upstream operations under a joint venture 
  • Licensing conditions and contractual commitments
  • Production Sharing Contract structure
  • Upstream petroleum contractual negotiations 
  • Allocation of rights, responsibilities and liabilities
  • Regulatory approvals across the upstream lifecycle
  • Governance of partnerships and shared operations
  • Management of regulatory change and contractual uncertainty
Day 3: Operational compliance and responsible petroleum development

  • Compliance obligations during exploration, development and production
  • Governance of health, safety and environmental responsibilities
  • Environmental protection and resource stewardship principles
  • Stakeholder engagement and host community relations
  • Oversight of contractors and supply chain compliance
  • Production accountability, information management and regulatory reporting
  • Decommissioning obligations and long-term responsibilities
Day 4: Corporate governance, ethics and risk management

  • Governance structures and organisational accountability
  • Risk management in upstream petroleum projects
  • Major accident hazards and contractor duties
  • Governance failures and lessons from major upstream incidents.
  • Leadership responsibilities and compliance culture
  • Ethical conduct, integrity and conflicts of interest
  • Integration of compliance risk into organisational decisions
  • Internal controls and oversight of compliance performance
  • Escalation of concerns and accountability for corrective action
Day 5: Compliance assurance, dispute resolutions strategy, and future regulation

  • Design and implementation of compliance management frameworks
  • Disputes between state, regulator, operator and contractors
  • Dispute resolution options: arbitration and litigation risks
  • Compliance monitoring, assurance and performance evaluation
  • Management of non-compliance and regulatory enforcement
  • Continuous improvement and adaptation to evolving requirements 
  • Integration of governance and compliance into strategic planning 
  • Decommissioning duties; financial security
  • Energy transition, carbon capture, hydrogen and future upstream regulation

Certificate

  • Upon successful completion of this training course, delegates will be awarded an official PetroKnowledge Certificate of Completion, signed by the course facilitator. The certificate confirms successful participation and records the total learning hours completed.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.

Accreditation

NASBA Approved Training Courses

In Association With

Would an alternative date be more suitable?

We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.

Other Training Courses You Might Be Interested In

Follow Us:

Subscribe To Our Newsletter