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NITA AccreditedAdvancedPhysical + Virtual10 daysTOPF964

Training on Petroleum Fiscal Regimes & Revenue Management for Governments

Build expertise in petroleum taxation, production sharing contracts, and revenue management to maximize national resource benefits.

Next intake

20 Jul 2026 · Nakuru

View all dates

Duration

10 days

Live instruction

Delivery

Physical + Virtual

Cohort based

Level

Advanced

Working professionals

Certification

NITA reimbursable

For Kenyan cohorts

Language

English

All materials

Overview

About this programme

This advanced programme is designed to equip government officials and public sector professionals with the knowledge and practical skills required to design, implement, and manage effective petroleum fiscal regimes and revenue management systems. The programme explores key fiscal instruments, petroleum taxation, production sharing agreements, royalty structures, licensing frameworks, and revenue forecasting to maximize public value from petroleum resources. Through practical exercises, policy analysis, and real-world case studies, participants will strengthen their capacity to enhance fiscal governance, promote transparency, optimize revenue collection, and support sustainable management of oil and gas resources.

Who Should Attend

  • Government policymakers and regulators
  • Ministry of Finance officials
  • Ministry of Energy and Petroleum officials
  • Revenue authority professionals
  • Petroleum economists and fiscal analysts
  • Legal and contract management officers
  • National oil company representatives
  • Public sector consultants and advisors
Learning outcomes

What you'll walk away with

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

  • Understand petroleum fiscal regimes and their economic implications.
  • Evaluate petroleum taxation systems and fiscal instruments.
  • Analyze production sharing contracts, royalties, and licensing frameworks.
  • Strengthen petroleum revenue forecasting and financial management.
  • Promote transparency, accountability, and good governance in resource management.
  • Develop strategies to optimize petroleum revenues while attracting investment.
Course modules

What we cover, module by module

Module 1: Fundamentals of Petroleum Fiscal Regimes

  • Principles of petroleum economics
  • Objectives of fiscal regime design
  • Global fiscal models and trends
  • Case Study: Comparative petroleum fiscal systems

Module 2: Petroleum Taxation Systems

  • Corporate income tax
  • Royalties and resource rent taxes
  • Bonuses and surface rentals
  • Practical: Calculating petroleum tax obligations

Module 3: Production Sharing Contracts (PSCs)

  • Structure and components of PSCs
  • Cost recovery mechanisms
  • Profit oil and government take
  • Practical: Evaluating PSC provisions

Module 4: Licensing and Contract Management

  • Licensing rounds and concession systems
  • Contract negotiation principles
  • Monitoring fiscal obligations
  • Case Study: Petroleum licensing best practices

Module 5: Petroleum Revenue Forecasting

  • Revenue estimation techniques
  • Oil price forecasting
  • Production and reserve analysis
  • Practical: Building petroleum revenue forecasts

Module 6: Revenue Collection and Financial Management

  • Revenue administration systems
  • Financial controls and auditing
  • Revenue reporting mechanisms
  • Practical: Managing petroleum revenue flows

Module 7: Transparency, Governance and Compliance

  • International transparency standards
  • Anti-corruption measures
  • Revenue disclosure and accountability
  • Case Study: Governance in resource-rich countries

Module 8: Sovereign Wealth Funds and Revenue Distribution

  • Sovereign wealth fund models
  • Revenue stabilization mechanisms
  • Intergovernmental revenue sharing
  • Practical: Designing revenue management frameworks

Module 9: Investment Climate and Fiscal Policy

  • Balancing investor returns and government revenues
  • Fiscal incentives and competitiveness
  • Policy reforms and emerging trends
  • Case Study: Fiscal reform in the petroleum sector

Module 10: Strategic Fiscal Planning and Implementation

  • Petroleum fiscal policy development
  • Monitoring and evaluation frameworks
  • Stakeholder engagement
  • Practical: Developing a petroleum revenue management strategy
Impact

Where the change lands

Individual Impact

  • Enhanced expertise in petroleum fiscal policy and revenue management.
  • Improved skills in petroleum taxation, contract analysis, and fiscal planning.
  • Strengthened capacity to support evidence-based policy and regulatory decisions.

Organizational Impact

  • Improved petroleum revenue collection and fiscal governance.
  • Enhanced transparency, accountability, and regulatory compliance.
  • Stronger institutional capacity to manage petroleum resources sustainably.
  • Better policy formulation to maximize long-term economic benefits.

Dates and locations

Upcoming intakes

Every intake is limited to a small cohort. Booking closes when a date fills or three weeks before the start, whichever comes first.

Full calendar
FAQs

Common questions.

Still not sure? Send us a note and a facilitator will get back to you within a business day.

The programme covers petroleum fiscal regimes, taxation systems, production sharing contracts (PSCs), licensing frameworks, revenue forecasting, sovereign wealth funds, and petroleum revenue governance.

Course finder

Find the right course for you

Prefer to talk it through? Send us an enquiry and a facilitator will scope a fit within a business day.

For corporate teams

Training 10+ professionals?

We deliver Training on Petroleum Fiscal Regimes & Revenue Management for Governments in-house at your offices, at a venue we arrange, or fully virtual. Customise the curriculum against your KPIs, and get a bespoke price for the cohort size you need.