PRA was created in response to demand from many governments with petroleum regimes.
As a group, we have gained valuable insights into these petroleum regimes and some members of the PRA team have directly worked within producing states. We have worked with, advised and provided high level training for twenty-five governments.
PRA is committed to being the world’s premier independent advisor to host governments on petroleum regimes.
PRA specialises in reviewing and analysing petroleum regimes. PRA has extensive expertise in petroleum laws and regulations, as well as the many types of host government contracts that States use to award petroleum rights to operators.
Our experts have advised more than 25 states in the creation and amendment of their petroleum regimes. The PRA’s team has the broad international experience that permits them to remain on top of current petroleum regulatory and contract issues.
PRA advisors regularly advise states on how to remain up to date on the evolving developments in petroleum regimes, including:
The goal of optimising resource development requires that durable arrangements are created with operators. PRA can assist governments in ensuring that the appropriate provisions are included that make petroleum development attractive to oil and gas company investors, by focussing on:
PRA would be delighted to have the opportunity to explain we can assist you in achieving your policy aims.