About
Course Description
This 5-day course is designed to provide the participants with a comprehensive understanding of the tools and techniques used to calculate oil and gas prices.
Course Goal
To enhance the participant’s Knowledge, Abilities and Skills necessary to understand how to calculate oil and gas prices.
Course Objectives
By the end of the course the participant will be able to:
- Understand different problems facing calculating oil and gas prices.
- Understand the necessary measures and course of action necessary to eliminate the effects side by side with the optimal solution of such problems.
Course Contents
1. Oil and Gas Industry: A Global Overview:
-
Supply and Demand of Oil and Gas
- Trade of Oil and Gas
- Oil and Gas Properties and Formation
2. Oil and Gas Production and Development
- Oil and Resource Reserves
- Costs in Exploration and Development
- Economic Theory of Exhaustible Resource
- Financial and Fiscal Arrangements in Oil and Gas Exploration and Production
3. Transportation and Distribution of Oil and Gas
- Oil and Gas Industry Organization
- Competition and Regulation in the Oil and Gas Exploration and Production
4. Oil and Gas Trading and Market
- Trading Models in Deregulated Oil and Gas Industry
- Physical and Financial Oil and Gas Market
- Transportation and Market for Other Segments of the Industry
5. Oil and Gas Pricing
- Pricing Objectives and Economic Criteria for Energy Pricing
- Contracting and Pricing Mechanisms in a Competitive Market
- Economic Principles of Gas Price-Setting in a Competitive Market
- Concession agreements
- Cycles of seller / buyer markets
- Turbulence and repels
- Limits to Oil Pricing
Who Can Benefit
Controllers, senior finance managers, executives and those with expertise in their own fields who need to acquire expertise in financial management
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.
