Programa Ejecutivo Internacional: Regulación de Hidrocarburos

Transcription

1 Programa Ejecutivo Internacional: Regulación de Hidrocarburos

2 REGULATION OF HYDROCARBONS TRAINING COURSE I. General Theme: The forces of globalization test the ability of states to manage and sustain their institutions in a complex geopolitical environment. The strategic formulation of government regulation must take into account the best practices in the O&G industry, especially since public policy would be affected by international markets. In terms of energy policy, Mexico now faces the challenge of fostering the development of a competitive industry as a condition of national economic development and energy security. In effect, it is necessary to constantly review regulatory models to generate new patterns of public and private investment, and to promote efficient entry into international markets. Such interdisciplinary exercise presupposes a fundamental tool of knowledge in sectors such as energy; hence the proposed courses integrate various modules to be conducted by different specialists in the areas of engineering, business, economics, and law. 2 Programas Ejecutivos ITAM

3 Programa Ejecutivo Internacional: Regulación de Hidrocarburos II. Objectives: To provide to professionals technical and conceptual elements of economic regulation applied to energy infrastructure. To examine on the technical and economic constraints facing the hydrocarbons industry. To analyze the best international practices in the regulation of hydrocarbons (investment, oil transactions, and contracts). To present the new constitutional and legal framework of the energy sector in Mexico, with emphasis on hydrocarbons. To formulate a diagnostic status of the regulation of the hydrocarbons sector in Mexico and to provide an analytical framework applicable to public sector policies. III. Course Structure & Date The program (80- hour course) is divided into four modules, three times a week. The audience, depending on the number of participants, could choose separately some topics considered in Module 4. Coursework in Mexico, with professional instructors from Wood Mackenzie, professors from ITAM (Centro de Energía y Recursos Naturales), and visiting faculty from the University of Houston s Environment, Energy and Natural Resources Center. The course will start in October 7th Programas Ejecutivos ITAM 3

4 COURSE 2015 (80-HOUR COURSE/ 8 WEEKS) MODULE 1 UNDERSTANDING O&G (10 HRS) MODULE 2 PETROLEUM ECONOMICS (20 HRS) MODULE 3 THE MEXICAN REFORM: KEY SUBJECTS OF REGULATION I (30 HRS) MODULE 4 KEY SUBJECTS OF REGULATION II (20 HRS) 3 DAYS October 7th- 9th Overview, Structure & Operation of Oil & Gas Geology Petroleum Traps and Reservoirs The Players and their Liabilities. Drilling- The Wild Part of the Business. Completions: Cementing, Perforating, and Fracing. Marketing the Deal From the Rock to the Surface. Pumps & Compressors- Why lawyers should care. Use of Trial Exhibits Case Studie. At the Surface What s It Worth? Oil Company Records. Gas Processing and Distillation. Pipeline Operations Gathering Systems, Transportation Lines, And Local Distribution Companies. O&G Storage, Transportation, Exchange, and Marketing. 4 DAYS October 12th -15th Day 1&2 (Economics and Finance) 1. Asset Valuation & Cash Flow. 2. Value and Decision Tools. 3. Uncertainty and Risk Analysis. 4. Corporate Finance. Days 3&4 (Fiscal Systems) 5. Fiscal Systems Overview 6. Concessions. 7. Production Sharing Contracts. 9 DAYS October 21st. -23rd October 28th -30th November 4th-6th Day 1,2 & 3 Constitutional Considerations. The new model. The Institutional Framework. Day 4,5 & 6 Structuring bidding round. Process in the oil and gas sector. Study of comparative practices. The O&G industry and the Mexican fiscal regime. Day 7, 8 & 9 International Petroleum. Contracts: Models, Legal. Drafting and Negotiations. 7 DAYS November 11th- 14th November 18th-20th November 27th Day 1&2 The new legal system in the field of social and environmental regulation. Best practices in the social/environmental regulation. offshore safety in the Gulf of Mexico, the new U.S. system. Day 3&5 Corporate Social Responsibility and Local Content. Technology Transfer Investment and Commercial Arbitration. Day 6 International Colloquium: Learning from Pioneer Models (Colombia, Brazil, Norway). 4 Programas Ejecutivos ITAM

5 Programa Ejecutivo Internacional: Regulación de Hidrocarburos OBJECTIVES MODULE 1: This course teaches oil industry business basics and terminology by means of the analysis of basic concepts like exploration, production, pipeline operation and refining. The participants will acquire an appreciation of how the entire industry works and they will be able to identify legal issues that typically arise in business disputes and opportunities. MODULE 2: After this module participants will: Have a solid grounding in the concepts of petroleum economics. Identify the key issues affecting exploration and production operations. Understand the terminology and be able to articulate the key concepts. Understand the government share of petroleum economics and how the regulatory terms impact valuation. Be able to work out cost, price, risk and profitability of projects. Understand the key parameters affecting upstream asset valuations. MODULES 3 & 4: Modules 3 and 4 are related to the energy reforms in Mexico and will present: The basic legal framework of the energy sector with emphasis on hydrocarbons (Upstrem). A preliminary diagnostic status of the regulation of the hydrocarbons sector in Mexico in order to provide an analytical framework applicable to public sector policies. Best international practices in the regulation of hydrocarbons focused on: transactions and contracts; social and environmental regulation; offshore. General Notes: Target Audience: Attorneys specializing in energy law; law or engineering; and employees from Mexico s governmental agencies (Sener, CRE, CNH, ASEA, SHCP). Course Materials. Full training course materials are provided to each participant. Academic Coordination: ITAM. Centro de Energía y Recursos Naturales: Professor Josefina Cortés Campos. University of Houston: Professor Jacqueline Weaver, Director, Environment, Energy and Natural Resources Center / Professor Stephen Zamora, Director, Center for U.S. and Mexican Law. Programas Ejecutivos ITAM 5

6 PROGRAMAS EJECUTIVOS Tel: y sin costo desde el interior Av. Camino a Sta. Teresa 930 Col. Héroes de Padierna, 10700, México, D.F. Correo electrónico: execed@itam.mx