Upstream Oil and Gas module

10 May 2021

This module gives you the required knowledge, skills and understanding of the taxation of upstream oil and gas operations within an international context that you need to succeed in your career. Your learning will cover in detail the fundamental tax issues within the oil and gas sector, including a number of country examples; permanent establishments and transfer pricing methods; the taxation of intellectual property, mergers, financing and trading activities within the sector.

Who is it for?

The Upstream Oil and Gas module is aimed at professionals around the world working on taxation issues involving the exploration and production of oil and gas. ADIT is suitable for senior level professionals, managers or those working towards a senior level.

What does it cover?

Diagram explaining the Upstream Oil and Gas syllabus breakdown as follows: Transfer pricing - 5%. Governance of mineral resources - 5%. Arbitration of oil and gas disputes - 5%. Decommissioning oil and gas assets - 5%. Leasing, financing, trading and profit repatriation - 20%. Mergers & acquisitions, technical services and intellectual property - 20%. Specific country tax examples and permanent establishments - 20%. Fundamental issues, tax and fiscal regimes - 20%.

The exam consists of three parts. Part A consists of two mandatory questions worth 25 marks each. Part B consists of two questions worth 20 marks each, of which candidates are required to answer one. Part C consists of four questions worth 15 marks each, of which candidates are required to answer any two.

  • Exam length: 3hrs 15mins
  • Available in June

How it will benefit you

  • Gain a robust understanding of theory coupled with practical application
  • Build your confidence, skills and competencies to apply principles in your daily work
  • Keep up with fast-changing developments in tax law, and stay ahead in your field
  • Increase your employability with a qualification recognised around the world

Length of study

Approximately 200 hours of learning time is recommended to complete the Upstream Oil and Gas module. This may vary dependent on a number of factors including your background, knowledge and experience, and your study method.

How is it assessed?

  • One exam consisting of three parts
  • Questions designed to test your application of concepts to real world scenarios
  • Employer-driven syllabus, with a professional focus