Brief DescriptionThis 1 day course is designed to present an overview of the Oil & Gas Industry, the potential and recent finds in Cyprus and the Eastern Mediterranean, the current status, development options and risk factors.The basic understanding provided will allow participants to determine areas of personal or business interest for further review and to assess public announcements from a more informed knowledge base.Course AgendaOverview of the international Oil & Gas IndustryHow oil & gas differ (technology & markets)The gas value chainHow international companies operateThe role of a national oil companyThe regulatory frameworkGovernance in CyprusOil & Gas laws and regulationsLicensing & Production Sharing ContractEnvironmental safeguardsEnergy PolicyThe proposed Vasilikos Energy CentreThe Political considerationsRegional geopolitics & developmentsGas projects under considerationRisk AssessmentPESTLE analysis