Name: Upstream Petroleum Regulations, Governance and Compliance Training Course
Rating: 4.7 (1076 reviews)

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

16 - 20 Aug 2027

Online

$4,950

13 - 17 Dec 2027

Casablanca - Morocco

$5,950

Why Choose this Training Course?

This Upstream Petroleum Regulations, Governance and Compliance training course develops the legal, regulatory and governance understanding required to manage upstream petroleum activities within complex operating environments. Exploration, development and production are governed by interconnected legislation, regulations, licences and petroleum contracts. Effective compliance therefore requires professionals to understand how regulatory authority, contractual obligations and organisational accountability interact throughout the upstream petroleum lifecycle.

The training course examines resource ownership, upstream legal frameworks, licensing, Production Sharing Contracts, joint ventures and regulatory approvals before progressing to operational compliance, HSE responsibilities and resource stewardship. Participants will also examine corporate governance, ethics, risk management, compliance assurance and dispute resolution. The course concludes with regulatory enforcement, decommissioning obligations and emerging regulatory considerations associated with carbon management, hydrogen and the energy transition.

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

Understanding upstream petroleum legal and regulatory frameworks
Managing licences, petroleum contracts and regulatory approvals
Strengthening operational, HSE and environmental compliance
Applying governance, ethics and risk management principles
Managing regulatory non-compliance, disputes and enforcement
Preparing for decommissioning and evolving upstream regulation

What are the Goals?

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

Interpret key regulatory and contractual frameworks governing upstream petroleum activities.
Evaluate licensing, contractual and approval requirements across the upstream lifecycle.
Apply governance and compliance principles to petroleum operations.
Assess regulatory, HSE, environmental and ethical compliance risks.
Strengthen compliance assurance, reporting and accountability mechanisms.
Evaluate dispute, enforcement and emerging regulatory considerations affecting upstream activities.

Who is this Training Course for?

This Upstream Petroleum Regulations, Governance and Compliance training course is specifically designed for professionals directly responsible for the regulatory, contractual, governance and compliance aspects of upstream petroleum activities, including:

Petroleum Regulators and Regulatory Affairs Professionals
Petroleum Licensing and Concession Professionals
Upstream Legal Counsel and Petroleum Legal Advisors
Upstream Contracts and Commercial Professionals
Governance and Compliance Managers
Joint Venture Governance Professionals
Petroleum Policy and Regulatory Framework Professionals
Regulatory Compliance and Assurance Professionals
Government Officials responsible for upstream petroleum regulation
National Oil Company Professionals responsible for regulatory and contractual compliance

How will this Training Course be Presented?

This Upstream Petroleum Regulations, Governance and Compliance training course combines expert-led presentations, regulatory and contractual examples, upstream industry scenarios and structured discussions. Participants will examine petroleum licences, contractual relationships, regulatory obligations, governance failures and compliance challenges across the upstream lifecycle. Practical scenarios will address regulatory approvals, risk allocation, contractor oversight, disputes, enforcement and decommissioning. The methodology emphasises the application of regulatory and governance principles to real upstream decisions.

Organisational Impact

Organisations will benefit from:

Stronger understanding of upstream regulatory obligations
Better governance of petroleum licences and contractual commitments
Improved oversight of regulatory and operational compliance
Greater integration of compliance risk into business decisions
Stronger regulatory assurance and organisational accountability
Improved preparedness for disputes and regulatory change

Personal Impact

Participants attending this Upstream Petroleum Regulations, Governance and Compliance training course will develop:

Greater understanding of upstream petroleum regulation
Stronger interpretation of licensing and contractual obligations
Improved capability in governance and compliance risk assessment
Better understanding of regulatory accountability and enforcement
Greater confidence in addressing petroleum compliance issues
Improved awareness of emerging upstream regulatory requirements

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

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Corporate Governance Regulatory & Compliance

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Upstream Petroleum Regulations, Governance and Compliance

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