The Upstream Training Trust (UTT) was established in 1997 by the Petroleum Agency SA (the Agency) and the companies participating in the South African off and on-shore search for oil and gas.
The UTT is administered by the Agency as a non-profit organisation that seeks to provide the specialist human skills to support the ongoing search for oil and gas.
The UTT’s funds are provided by the companies licensed by the Agency to prospect off South African shores. Exploration and production licensees are required to contribute to the trust annually.
In this way, a collective approach is adopted in providing the specialised trained manpower required to continue the search for oil and gas and ensuring that South Africa has the skilled human resources available to do so.