Petroleum, Oil , Gas Training Courses

Petroleum Financial Management

Duration
2025-10-27 5 Days 2025-10-31
Attendance

Hotel Meeting Room

Hotel Meeting Room
Course code
OG-277
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City / venue
Singapore

Classroom

Fees / hours
5450 $ | 25 Hours

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Course details

Overview ?

Course Description

An expanding global oil and gas economy has dramatically changed the role of financial decisions and the magnitude of their affect throughout the company. Decisions about personnel; drilling for reserves, production, acquiring or divesting assets; or forging strategic alliances are financial in nature.  The participant will learn how to use the concrete techniques that enable him to make truly informed decisions, in order to increase his company’s value.

Course Goal

To enhance the participant’s knowledge, abilities, and skills necessary to understand and use latest financial management and control techniques for the oil and gas industry

Course Objective
By the end of this workshop you will be able to:
  • Read and understand oil and gas financial statements
  • Identify financing alternatives available to oil and gas companies
  • Make a long- and Short-term financial decision
  • Determine the sustainable Rate of Growth
  • Understand the processes of forecasting and budgeting 
  • Understand risk and valuation concepts
  • How to develop the company’s cost of capital
  • Determine market value added and economic value added
  • What are the various financial issues associated with international operations
Course Outline
Overview of Oil and Gas Accounting:
  • Successful Efforts and Full-Cost Accounting;
  • DD&A and accounting for impairment of proved properties
An Introduction to Financial Management:
  • What is a Firm?
  • Legal Forms of Business
  • The Corporation and Financial Markets
  • Financial Management Axioms
How to use financial information:
  • Financial Statements: An Overview
  • Financial Statements in Oil and Gas Companies
  • Financial Statements Analysis
  • Using Ratios
  • Financial and Operating Ratios of the Oil and Gas Industry;
  • Benchmarking
How to Make a Short-term Financial Decision:
  • Cash Conversion Cycle;
  • Working Capital Management;
  • Cash Management Programs and Techniques
  • Credit Evaluation;
  • Cash Budget
Forecasting and Budgeting:
  • Percent of Sales Method
  • Sustainable Rate of Growth
  • Nature and Objectives of Budgeting
  • Managing the Budgeting Process;
How to make Long-term Financial Decisions:
  • Capital Structure and Financial Structure 
  • Capital Structure and Sources of Funds
  • The Right Mix of Debt and Equity;
  • Capital Budgeting;
Risk and Valuation Concepts:
  • Determining the WACC
  • Finding an appropriate discount rate
  • Valuing for uncertain events
Value Added:
  • Market Value Added
  • Economic Value Added
Financial Aspects of International Operations:
  • Determining International Oil and Gas Prices,
  • Parent and Subsidiary Perspectives in Project Evaluation and Risk Exposure with International Projects
Who Can Benefit

Controllers, senior finance managers, executives and Staff working in the finance and commercial departments.

Day 1

Asset Cost Management Introduction

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Day 2

Laying the Groundwork

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Day 3

Applying the Value based Process

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Day 4

Ensuring the Continuity of the Value-based Process

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Day 5

Supporting Process that Lower Life-cycle costs

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Training Methodology

Pathways Training and consulting adopts the newest techniques of human resources Training and consulting and, with the following:

  • Theoretical lectures are delivered via PowerPoint and visual displays (videos and short films)
  • Making scientific evaluation to the trainee (before and after)
  • Brainstorming and role-playing
  • Using case studies related to the scientific material being delivered and the trainees' work.
  • The participants get the scientific and practical material printed and on CDs and Flash memories.
  • Preparing records and reports of the participants' attendance and results, with a general evaluation of the training program.
  • A group of the best trainers and experts in all fields and specialties professionally prepares the scientific material.
  • After finishing the course, the participants get certificates of attendance signed, certified, and issued by pathways Training and consulting.
  • Our training programs start at 9:00 o'clock in the morning and end at 2:00 in the afternoon, with snack buffet during the lectures.
  • Providing a lunch buffet during the training program period, with organizing a lunch party on the training program final day for taking some photos and certificate awarding.
Different venues & timings for this course

Course name

Duration

City

Price

Petroleum Financial Management

17, Feb 2025 21, Feb 2025

Geneva

5250$

Petroleum Financial Management

24, Feb 2025 28, Feb 2025

Vienna

5250$

Petroleum Financial Management

03, Mar 2025 07, Mar 2025

Munich

5250$

Petroleum Financial Management

09, Mar 2025 13, Mar 2025

Khobar

3250$

Petroleum Financial Management

10, Mar 2025 14, Mar 2025

Prague

5250$

Petroleum Financial Management

17, Mar 2025 21, Mar 2025

Rome

5250$

Petroleum Financial Management

24, Mar 2025 28, Mar 2025

Jakarta

4000$

Petroleum Financial Management

30, Mar 2025 03, Apr 2025

Tunisia

3750$

Petroleum Financial Management

07, Apr 2025 11, Apr 2025

Marbella

5250$

Petroleum Financial Management

14, Apr 2025 18, Apr 2025

Paris

5250$

Petroleum Financial Management

21, Apr 2025 25, Apr 2025

Madrid

5250$

Petroleum Financial Management

27, Apr 2025 01, May 2025

DUBAI

3450$

Petroleum Financial Management

05, May 2025 09, May 2025

Kuala Lumpur

3750$

Petroleum Financial Management

11, May 2025 15, May 2025

Amman

3250$

Petroleum Financial Management

18, May 2025 22, May 2025

Marrakesh

3450$

Petroleum Financial Management

25, May 2025 29, May 2025

Sharm ElShaikh

3250$

Petroleum Financial Management

01, Jun 2025 05, Jun 2025

Doha

4000$

Petroleum Financial Management

08, Jun 2025 12, Jun 2025

Casablanca

3450$

Petroleum Financial Management

15, Jun 2025 19, Jun 2025

Riyadh

3250$

Petroleum Financial Management

23, Jun 2025 27, Jun 2025

Istanbul

3450$

Petroleum Financial Management

29, Jun 2025 03, Jul 2025

Jeddah

3250$

Petroleum Financial Management

06, Jul 2025 10, Jul 2025

Manama

3250$

Petroleum Financial Management

07, Jul 2025 11, Jul 2025

Milan

5250$

Petroleum Financial Management

13, Jul 2025 17, Jul 2025

Beirut

3250$

Petroleum Financial Management

21, Jul 2025 25, Jul 2025

Singapore

5450$

Petroleum Financial Management

27, Jul 2025 31, Jul 2025

Kuwait

3250$

Petroleum Financial Management

03, Aug 2025 07, Aug 2025

DUBAI

3450$

Petroleum Financial Management

11, Aug 2025 15, Aug 2025

Kuala Lumpur

3750$

Petroleum Financial Management

17, Aug 2025 21, Aug 2025

Amman

3250$

Petroleum Financial Management

24, Aug 2025 28, Aug 2025

Marrakesh

3450$

Petroleum Financial Management

31, Aug 2025 04, Sep 2025

Sharm ElShaikh

3250$

Petroleum Financial Management

07, Sep 2025 11, Sep 2025

Doha

4000$

Petroleum Financial Management

14, Sep 2025 18, Sep 2025

Casablanca

3450$

Petroleum Financial Management

21, Sep 2025 25, Sep 2025

Riyadh

3250$

Petroleum Financial Management

29, Sep 2025 03, Oct 2025

Istanbul

3450$

Petroleum Financial Management

05, Oct 2025 09, Oct 2025

Jeddah

3250$

Petroleum Financial Management

12, Oct 2025 16, Oct 2025

Manama

3250$

Petroleum Financial Management

19, Oct 2025 23, Oct 2025

Beirut

3250$

Petroleum Financial Management

27, Oct 2025 31, Oct 2025

Singapore

5450$

Petroleum Financial Management

02, Nov 2025 06, Nov 2025

Kuwait

3250$

Petroleum Financial Management

10, Nov 2025 14, Nov 2025

Berlin

5250$

Petroleum Financial Management

17, Nov 2025 21, Nov 2025

Brussels

5250$

Petroleum Financial Management

17, Nov 2025 21, Nov 2025

Milan

5250$

Petroleum Financial Management

24, Nov 2025 28, Nov 2025

Zurich

5250$

Petroleum Financial Management

01, Dec 2025 05, Dec 2025

Trabzon

4000$

Petroleum Financial Management

08, Dec 2025 12, Dec 2025

Beijing

5450$

Petroleum Financial Management

15, Dec 2025 19, Dec 2025

Amsterdam

5250$

Petroleum Financial Management

22, Dec 2025 26, Dec 2025

Bangkok

5450$

Petroleum Financial Management

29, Dec 2025 02, Jan 2026

Amsterdam

5250$

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