Cash Calls in Oil and Gas Venture Operations

An Interactive 5-Day Training Course

Cash Calls in Oil and Gas Venture Operations

Identify, Explore, Evaluate, and Analyze Cash Calls in the Joint Venture Business

NASBA
Classroom Schedule
Date Venue Fees
29 Dec - 02 Jan 2026 London $ 5,950
06 - 10 Apr 2026 London $ 5,950
18 - 22 May 2026 London $ 5,950
08 - 12 Jun 2026 Dubai $ 5,950
03 - 07 Aug 2026 Dubai $ 5,950
28 Sep - 02 Oct 2026 Dubai $ 5,950
28 Dec - 01 Jan 2027 London $ 5,950
Online Schedule
28 Sep - 02 Oct 2026 Online $ 3,950

Introduction

In oil and gas projects, many of the international and national oil & gas companies are collaborating in Joint Venture (JV), The purpose of a JV is to develop and produce oil and/or gas in an economically viable manner. It also assists oil and gas companies to mitigate the risk existed in different stages of lifecycle of a field.

Billions of dollars are invested every year in the upstream projects. This huge amount of investments will be done mainly in accordance with the terms and conditions of a Joint Operating Agreements (JOA), which imposes an obligation on all participants to contribute funds to shared activities. Fundamentally, a Joint Venture agreement requires all participants to pay their share of expenses (operating or capital) upon a cash call by the operator, however, should any of the investors fail to pay its share. Such a failure will normally constitute a “Default” under the terms and conditions of the a Joint Operating Agreements (JOA).

This GLOMACS training course on Cash Calls in Oil and Gas Venture Operations has been designed to explain the basics of cash calling in Joint Venture contracts with practical accounting procedures and reporting, types of cash, fundamentals and workflows for cash calling in joint venture contracts, outstanding cash calls and repayment options, impact of cash default on joint venture operations and profitability. The course also highlights critical issues relating to implementing oil and gas joint venture budgeting and auditing processes. Both the structural aspects of cash calling as well as real-world case studies will be discussed to illustrate the field application of the concepts in the course.

Objectives

This is a unique training course with the professional techniques that enables delegates from all financial and commercial disciplines to effectively understand the Cash Calling activities through the oil and gas joint venture. outstanding cash calls and repayment options, impact of cash default on the project viability, and disputes – are included. 

This Cash Calls in Oil and Gas Venture Operations training course will also cover contract types, and it also outlines critical issues involved in making oil and gas joint venture successful and the accounting, budgeting and auditing practices involved.

By the end of this Cash Calls in Oil and Gas Venture Operations training course:

  • Delegates will be able to understand all the types of JV agreement in Oil & Gas industry
  • Delegates will be able to understand the issues to negotiate and agree a JVCC Arrangement
  • Delegates will be able to select the most appropriate forms of JVCC
  • Delegates will learn, and how to administer it during the asset’s production phase
  • This advanced course will also equip attendees with the necessary knowledge to play a role in the JVCC Arrangement environment in an efficient and effective manner

Training Methodology

This GLOMACS Cash Calls in Oil and Gas Venture Operations training course will utilize a variety of proven techniques to ensure maximum understanding, comprehension and retention of the information presented. This training course is highly interactive involving delegates in the discussion, analysis of case studies and exercises. Where appropriate, these will include real issues brought to the workshop by delegates.

Organisational Impact

This Cash Calls in Oil and Gas Venture Operations training course is of direct relevance to the Oil & Gas sector and as a result the organizations will benefit greatly from their employee’s participation.

The organization will gain from employees with:

  • Understanding the nature of joint venture business structure and how to effectively perform the risks and benefits analysis in Joint Venture (JV)
  • Identifying the processes in oil and gas joint venture accounting, budgeting, reporting and auditing
  • Exploring cash call types, Accounting and funding for oil and gas joint venture operations
  • Analyzing cash calling and evaluation its impact in joint venture business
  • Solving problems associated with cash calls in O & G join venture operations

Personal Impact

This Cash Calls in Oil and Gas Venture Operations training course will of personal benefit to delegates by providing you with a:

  • Better understanding of the context and importance of the work you do
  • Improved knowledge and skills to improve your effectiveness
  • An ability to evaluate, analyse and recommend action
  • Increased self-confidence and motivation at work
  • Greater job satisfaction in providing quality support to management
  • Greater ability to supervise, develop and motivate colleagues

Who should Attend?

This GLOMACS Cash Calls in Oil and Gas Venture Operations Training Course is designed for all business / Investment Analysts and Assets Managers, Operation Managers, Cost Controllers, Accounting Executive / Managers, Financial Reporting Managers, Oil and Gas Operators, Joint Venture Operators, Joint Venture Non-Operators, Joint Venture Accountants, Government Regulators, and others.

Course Outline
Day 1

Overview of Joint Ventures in Oil & Gas Industry

  • Overview of O&G Industry Today
  • Types of Joint Venture and How to Get into Them
  • Oil and Gas Joint Venture Principles
  • Accounting for a Joint Venture
  • Relationships with Host Governments
  • Contrast of Key Drivers between IOCs and NOCs
Day 2

Financing Fundamental of Oil & Gas Joint Ventures

  • Negotiating and Formation of Joint Ventures
  • Key Accounting and Financing Provisions
  • Joint Venture Funding, Cash Management, and Billing Requirements
  • Techniques to Effectively Balance of Cost, Risk and Reward
  • The Effects of Recent Oil Price and Regulatory Trends Impacting Joint Ventures
Day 3

Cash Calls in Oil & Gas Industry

  • Overview of Cash Call Types in Oil and Gas Joint Venture Operations
  • Financing Petroleum by Cash Calls
  • Joint Venture Budgeting & Operating Principles
  • Cost Concepts, Allocations, Costing by Product and Activity based Costing in Joint Venture Operations
  • Process of Cash Call Funding, Account Reconciliation and Reporting
  • Outstanding Cash Calls (deficit) and Repayment Options
Day 4

Requirements of Cash Calls in Oil and Gas Joint Venture

  • Responsibilities of Oil / Gas of Joint Venture Partners
  • Managing Cash Call Statement
  • Accounting for Deficit Cash Calls
  • Impact of Cash Default on Operations and Profitability
  • Difference between a Cash Call & a Cutback
Day 5

Cash Call Practice & Improvement

  • Cash Call Practice
  • Cash Call Problems
  • Refusal to Pay a Cash Call
  • Improvement to Cash Call Process
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

KHDA
NASBA

In Association With

Frequently Asked Question:

GLOMACS offers both online andperson training options. You can choose from interactive virtual sessions or attend one of our globally locatedperson training courses. The flexibility ensures that learning fits your schedule and preferences.
Yes, GLOMACS provides customized training solutions tailored to meet the specific needs of organizations. We work closely with companies to design bespoke training courses that address their unique challenges and objectives.
Our courses are structured to provide a balanced mix of theory and practical application. They typically include presentations, case studies, group discussions,on activities, and interactive Q&A sessions to maximize learning outcomes.
For detailed information about specific courses, including course content, schedules, and instructors, you can visit our website or contact our customer service team. They will be happy to provide all the information you need to make an informed decision.
You can register for a GLOMACS training course by visiting our website, selecting the course of your choice, and following the simple registration process. You can also contact our support team for assistance with the registration process.
Attending a GLOMACS training course offers numerous benefits, including enhanced professional skills, increased employability,recognized certification, networking opportunities with peers and experts, and the chance to apply practical knowledge directly to your workplace.
GLOMACS is a globally recognized leader in professional training and development, with a reputation for deliveringquality,driven training courses. We offer a broad spectrum of training courses taught by expert trainers, flexible delivery options (both online andperson), and accredited certifications that add real value to your career.

Yes, upon successful completion of any of our training courses, GLOMACS Certificate will be awarded to the delegates. This certificate is a valuable addition to your professional portfolio and is recognized across various industries.

Options & Brochure
You may also be interested in...
Financial Modelling Using Excel
A Comprehensive Journey into the World of Financial Modeling with Excel
01 - 05 Dec 2025
map Dubai
$5,950
View Course
Certificate in Advanced Financial Modelling
Advanced Techniques for Strategic Financial Analysis
24 - 28 Nov 2025
map London
$5,950
View Course
Certificate in Financial Modelling
Mastering the Fundamentals of Financial Models
15 - 19 Dec 2025
map London
$5,950
View Course
Predictive Modeling for Financial Fraud
Leveraging Statistical and Machine Learning Models to Anticipate and Prevent Financial Fraud
20 - 24 Oct 2025
map Amsterdam
$5,950
View Course
Certificate in HR Budgeting, Budget Control and Manpower Management
Strategic Financial Planning and Workforce Optimization for HR Professionals
27 - 31 Oct 2025
map Dubai
$5,950
View Course
Financial Accounting Certificate
Mastering Core Accounting Principles for Business Success
10 - 14 Nov 2025
map Paris
$5,950
View Course
Accounting for Cryptocurrencies – From Basics to Practical Application
Cryptocurrencies Currency Accounting According to International Standards
15 - 19 Dec 2025
map London
$5,950
View Course
Sustainability and Carbon Accounting Masterclass
Enabling Inhouse Sustainability Report Generation
15 - 19 Dec 2025
map London
$5,950
View Course
Glomacs Training
GLOMACS Training & Consultancy
Typically replies within an hour
Olivia
Hi there 👋
My name is Olivia. Please tell me how I can assist you..
19:39