Introduction
This 10-day Financial Modelling and Petroleum Project Economics training course is designed to provide participants with an integrated and practical understanding of financial analysis tools and techniques for the oil and gas industry. The focus of the training is building proforma analysis, learning different methods of financial analysis and forecasting, and applying different risk analysis tools to investments or projects.
The training course format is based on a careful balance of formal lecturers by leading experts and cases, which illustrates the applications of the different techniques using Excel. The training course will be valuable to those working in the upstream to downstream and provide them with sufficient knowledge of modern financial analysis and forecasting.
Highlights of this GLOMACS Financial Modelling and Petroleum Project Economics training course include:
- Use of Excel from basics to the most advanced level
- Real world approach to the discipline
- Numerous examples based around the oil and gas industry
- Dual approach that not only develops modelling skills but also financial management skills
Modules
This training course is split into two modules:
Module I - Financial Modelling in the Oil & Gas Industry
Module II - Petroleum Project Economics & Risk Analysis
Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
Objectives
This Financial Modelling and Petroleum Project Economics training course provides delegates with the tools required to find better answers to questions such as:
- How to improve the quality of the quantitative analysis of my corporate presentations
- How to model and advise on hedging price changes in the oil and gas industry
- How to model investment appraisal techniques and utilise decision trees to model the option to abandon
- How to analysis the company and highlights areas that need improvement
Training Methodology
Each of the sessions will involve formal lectures, demonstration of modelling techniques and the opportunity for practical application. Screen recordings of important techniques and examples will be made available to delegates to assist in the practical applications and to facilitate application of the techniques used when they approach to the workplace
Organisational Impact
By sending delegates on this Financial Modelling and Petroleum Project Economics training course, your organisation will benefit by:
- Providing your staff with the opportunities to develop high level financial management techniques appropriate to the Oil and Gas industry
- Updating their quantitative techniques
- Enabling them to make better informed decisions
- Transforming their Excel skills so that they leave with advanced knowledge of Excel for financial modelling
- Ability to understand area that requires improvements within the organisations
Personal Impact
By attending this GLOMACS Financial Modelling and Petroleum Project Economics training course, you will:
- Have advanced ability in financial modelling using Excel
- Have a better skills set when contributing to corporate decisions
- The ability to question important decisions formed using financial modelling
- A thorough analysis of the company performance using modern techniques
Who should Attend?
This Financial Modelling and Petroleum Project Economics training course is suitable to a wide range of professionals but will greatly benefit:
- Oil & Gas Field Engineers
- Oil & Gas Managers
- Oil & Gas Auditors
- Financial Analysts
- Supervisors
- Decision-makers and Financial Modelers in the up-stream and down-stream Oil and Gas industry
- High level Managers integral to the decision making process who wish to develop their financial modelling skills
- Project manager who wishes to expand their knowledge of financial modelling and petroleum project economics
