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 to increase his company’s value. 

Course Goal

To enhance the participant’s knowledge, abilities, and skills necessary to understand how to estimate project fund requirements, source project funds and prioritize allocation of funds.
 

Course Objectives

By the end of this course, participant 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.

Who Can Benefit

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