| • Introduction to the national management of petroleum resources • State sovereignty and ownership as premises for resource extraction • Standards of governance • Strategic interests of the host country • Overview of the petroleum value chain • The global dimension of the oil and gas industry • Promoting investments in a country to the oil industry • Norway’s experience with national management of petroleum resources • Challenges of participating countries with petroleum resource management • Strategic interest of oil companies and international supplier industries • Energy policy and petroleum policy • Process and stakeholder engagement in policy development • The extent of legislation: What needs to be regulated? • Levels of regulatory instruments: Law, regulations, and agreements • Regulatory approaches to protect health, safety and the environment (HSE) • Environmental protection as a national regulatory task • Management of the nation’s petroleum revenues • Significance of existing governance structures • Public administration: Principles and structures for good governance • Roles and tasks of the NOC • Organisation, capacity building and compliance for national resource management • Organising the national management of HSE • The fiscal system • Financial controls and transparency • Capacity building for engagement in the petroleum sector • Preparing new areas for petroleum activities: Strategic environmental assessments • Strategies for assessing the resource base • Awarding exclusive petroleum rights • Plan for development and operations • Joint operations and infrastructure • The production phase: Maximising resource value and protecting the environment • The final stages: Tail end production and abandonment • Understanding uncertainties and the associated opportunities and risks • Promoting local content in the petroleum sector • Relationship between petroleum industry and their investors • Affected third party interests (fisheries, agriculture, other activities) • Gender issues in the petroleum sector • Transparency, labour organisations and civil society in the petroleum sector |