In September 2014, Crystol Energy was approached to bid for a Department for International Development (DFID) sponsored project on developing the administrative capacity of the Uganda Revenue Authority (URA) in petroleum taxation. In collaboration with the Washington based International Tax and Investment Centre, we submitted a successful bid.
Course leader Dr Carole Nakhle, in collaboration with Mr Reggie Mezu, delivered the two-week course in Kampala, combining hands-on practical focus and rigorous academic standards through the key disciplines of petroleum taxation, economics, accountancy and law.
The professional expertise, insight and experience of Dr Nakhle and Mr Mezu ensured that the course was a complete success, gaining a very positive reception from participants.
Crystol Energy was subsequently asked to deliver another course on petroleum economics, taxation modelling and administration, which was conducted in May 2015. In addition to Dr Nakhle, the course benefited from contributions from Mr Titus Erker and Ms Sarah Bou Atmeh. Mr Christof Ruhl joined as Guest Speaker, delivering an incisive talk on managing oil revenues and the role of Sovereign Wealth Funds.
Once again, the feedback received was overwhelmingly positive, especially as the course was designed specifically to meet the requirements of the URA. One official highlighted that Crystol Energy was the only training company the URA worked with, that closely studied all the country’s petroleum legislation and contracts over the last four decades.
We take pride in treating each training request as a standalone project and we happily put a lot of effort in understanding each client’s circumstances and needs to ensure maximum relevance, benefit and impact of the course.
At Crystol Energy, we continue to forge a close relationship with the URA, answering their questions as they arise.
Dr Carole Nakhle from Crystol Energy with the participants from the URA, in Kampala:
Here is some feedback from the participants who took our training courses in Kampala:
“It was an enriching course with a strong analysis of Uganda’s petroleum acts and model PSAs, and how they compare with other countries”.
“A very practical course that involved discussing real examples and it was very engaging as all participants were required to do analysis and reading and collaborate in teams to give presentations”.
“The facilitators should be consulted by any government which is trying to draft new petroleum legislation and contracts”
In 2018, the American Petroleum Institute (API) invited Crystol Energy to submit a bid for a project on “Gulf of Mexico Policy Initiatives”
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Ghana Technical assistance on policy recommendations and initiatives for improving revenue capture in the oil and gas sector.