Executive Course on Oil, Gas, and Mining Governance

7-12 September 2015Blavatnik School of GovernmentUniversity of Oxford

Course Overview

Countries with non-renewable resource wealth face both an opportunity and a challenge. When used well, these resources can create greater prosperity for current and future generations; used poorly, or squandered, they can cause economic instability, social conflict and lasting environmental damage. For countries to benefit from resource wealth, citizens and their governments must make a broad range of decisions. Each decision requires governments to consider complex options and trade-offs and devise strategies to implement these policy choices. Government decisions take into account the interests of, and risks borne by, extractive companies, in order to strike a mutually beneficial deal.

With this in mind, this intensive six-day course will provide the training and insight required for policy leaders in the public and private sector to work towards better management and governance of oil, gas or mineral resources for a better future. The course will build a better understanding of the interests of the public and private sectors and facilitate dialogue and mutual appreciation of respective positions between different groups.

A short course for senior policymakers and industry leadersAn executive-level, challenge-focused course for professionals and senior policymakers to examine extractive resource management and develop strategies to transform resources into sustained prosperity

Executive Course on Oil, Gas, and Mining Governance

About the CourseLed by globally recognized experts, the course is designed to encourage policy leaders from different countries to share their own experiences while gaining insights and specialist knowledge about natural resource management. It will explore the many dimensions of oil, gas and mining, including:

• Discovery and managing public expectations

• Tax and contracts

• National resource companies

• Resource revenue management and investment

• Governance and political commitment

World-Class LearningThe course has been developed through a unique collaboration between the University of Oxford’s Blavatnik School of Government (BSG) and the Natural Resource Governance Institute (NRGI). It incorporates the latest knowledge from expert faculty, and participants will actively apply these insights during strategy planning sessions.

On completion of the course, participants will have a clear understanding of the elements of a national naturalresource strategy and the ability to lead in, or influence, the formation of effective policies for the governance of these natural resources.

The course includes an interactive company roundtable. Participants have the chance to interact with leading CEOs and advisors from the

world’s largest oil, gas, and mining companies.

The course uses the Natural Resource Charter as a guiding framework. The charter is organized around 12 core precepts offering guidance on governments’ key decisions, beginning with whether to extract resources and ending with how generated revenue can produce maximum good for citizens.

Built around these precepts, the course consists of three core components:

•Extractive sector decisions•Revenue management decisions•Governance foundations

All sessions will be structured to explore a variety of challenging issues around each component, such as how to manage revenues wisely, how to get the best out of a national legislature, and how to combat tax abuse.

Course Structure

2015 Course Schedule **

 

Extractive sector decisions **schedule subject to change

Revenue management decisions

Governance foundations

Monday Tuesday Wednesday Thursday Friday Saturday

Introduction

Framing

Framing

Framing

Framing

The decision chain Taxing extraction companies

Protecting the environment

Saving, spending and smoothing

Rules

Transforming lessons into action

The policy levers

Taxing extraction companies – session II

Linking natural resources and national growth

Investing in investing

Building effective institutions

Transforming lessons into action – session II

Managing the discovery process

Contracts and investment agreements

Linking natural resources and national growth – session II

Establishing an authorising environment

Engaging citizens

Closing luncheon

Preparation for company

roundtable

Getting the most from national companies

Negotiation

Company roundtable

Politics

Free period Course Finishes

Summary

Summary

Summary

Summary

Course opening dinner Drinks reception and special dinner

Paul Collier

Professor of Economics and Public Policy at the Blavatnik School of Government,

Director of the Centre for the Study of African Economies, and Professorial Fellow of St

Antony’s College. Currently adviser to the Strategy and Policy

Department of the International Monetary Fund, adviser to the Africa Region of the World Bank, and adviser to DfID. Also on

the governing board of NRGI.

Richard Manning

Senior Research Fellow at the Blavatnik School of Government; Chair of the Boards of the

Institute of Development Studies and the International Initiative for Impact Evaluation.

Vice-Chair of the Replenishment of the Global Fund for AIDS, TB and Malaria, and

Co-ordinator of the Replenishment of the African Development Fund. Director-General for Policy in the UK’s Department for

International Development (1996-2003).

Daniel Kaufmann

President of the Natural Resource Governance Institute.

Expert on governance, corruption, and development, with emphasis on new approaches to diagnose and analyze

country governance. Research published in leading journals on economic development, governance, the

unofficial economy, macroeconomics, investment, corruption, privatization, and urban and labour economics.

Philip Daniel

Advisor, Fiscal Affairs Department, at the IMF, coordinating work on extractive industries.

Currently serves on the Advisory Board of the Oxford Centre for the Analysis of Resource

Rich Economies, and the NRGI Board. Conducted technical assistance projects in all

regions of the world on fiscal regime for resource industries, on resource revenue management, and general tax policy.

Ngaire Woods

Dean of the Blavatnik School of Government and Professor of Global Economic Governance, University of Oxford. Founder and Director of the Global Economic Governance Programme

and co-founder of the Oxford-Princeton Global Leaders Fellowship programme.

Research on global economic governance, challenges of globalization, global development, and role of international

institutions.

Mark Henstridge

Chief Economist and Head of Extractives at Oxford Policy Management.

Recent work includes an edited volume on youth unemployment in Africa, international

initiatives on resource governance, advice on fiscal reform in Jordan, governance structure

of the African Economic Research Consortium, economic sustainability in Indonesia, the practical realization of the Africa

Mining Vision, and the economic impact of mining in Zambia.

The Blavatnik School of Government has an outstanding reputation for excellence in teaching and research. We uphold this high standard for each of our short courses.

Each module of the Executive Course on Oil, Gas, and Mining Governance will be taught by world-class academics and practitioners in the field of natural resources, including the following:

Teaching Faculty

A full list of the course faculty can be found by visiting: http://www.bsg.ox.ac.uk/study/short-courses

Who should apply?

This course is open to policy leaders in the public and private sector committed to better governance in natural resources, and in a position to influence the governance of these sectors.

To Apply

Applications for the 2015 Executive Course on Oil, Gas and Mining Governance can be downloaded on our website.

Interested individuals should submit the following documents to shortcourses@bsg.ox.ac.uk:

1. A resume/CV

2. A completed application form, with bursary supplement (if applicable)

Applications are due by the 31st of May 2015.

If spaces are available, applications may be accepted past the due date on a rolling basis.

Prospective participants include:

• Ministers, presidential chiefs of staff, heads of extractives state-owned enterprises, commissioners, heads of agencies, departments and other public bodies involved in the management of oil, gas and mining and the revenues they generate as well as their

deputies and advisors

• Executives, directors, chiefs and heads at oil gas and mining companies, at headquarters or country office levels, as well as their

deputies and advisers

• Leaders from management consulting firms providing advice to governments in resource-rich countries in extractive sector policy design and implementation or public

financial management

• Vice-presidents, deputy managing directors, and head of departments at multilateral agencies, such as the IMF and World Bank

Participants should have at least twelve years experience and be in a senior leadership position or advisory role

Application Process

Course Dates and Attendance Costs

The course will take place at the Blavatnik School of Government in Oxford, UK from the 7th – 12th September 2015. It is delivered in English.

The total cost of this course is £8,000. This includes tuition over six days from world-class experts, accommodation, and meals, but does not cover flights, visas or incidentals.

A limited number of bursaries covering the course tuition are available on a competitive and financial need basis.

Bursaries supplied by NRGI are only available to government officials from the following countries:

Colombia • Democratic Republic of Congo • Ghana • Guinea Indonesia • Iraq • Libya • Mexico • Mongolia • Myanmar

Nigeria • Tanzania • Tunisia • Uganda

Testimonials“It gave me a great overview of the extractive sectors, best practices and tools to come up with suitable policies for my country.”- Participant, 2014

“A great experience and learning opportunity. I leave more informed and empowered to guide the management of the extractive industry in my country.”- Participant, 2013

“It is a well-crafted course with very useful information for reflection and to take home for sharing and action.”- Participant, 2013

ABOUT THE BLAVATNIK SCHOOL OF GOVERNMENT

The Blavatnik School of Government is a global school with a vision of a world better led, better served and better governed. The School offers a distinctive global approach to public policy, within a rich, multidisciplinary curriculum delivered by world-class faculty. Programmes of study include a full time one-year Master of Public Policy, a full-time three-year doctorate in Public policy and a range of executive courses on different specialist topics for leaders in government, business and non-profit sectors.

www.bsg.ox.ac.uk

ABOUT THE NATURAL RESOURCE GOVERNANCE INSTITUTE

The Natural Resource Governance Institute (NRGI) helps people to realize the benefits of their countries’ endowments of oil, gas and minerals. We do this through technical advice, advocacy, applied research, policy analysis, and capacity development. We work with innovative agents of change within government ministries, civil society, the media, legislatures, the private sector, and international institutions to promote accountable and effective governance in the extractive industries. www.resourcegovernance.org

ABOUT THE NATURAL RESOURCE CHARTER FRAMEWORK

The Natural Resource Charter is the guiding framework of the course; it is a set of principles for governments and societies to manage extractive resources for sustainable prosperity. Written in collaboration with over 200 practitioners and experts and now in its second edition, it is used as the foundation to governance initiatives and analyses in a number of resource-rich countries worldwide.

www.naturalresourcecharter.org

The Blavatnik School of Government

http://www.bsg.ox.ac.uk • shortcourses@bsg.ox.ac.uk +44 (0)1865 616714

For more information, or to express an interest in this course: