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Course Schedule
Classroom Sessions:
DateVenueFees
17 - 21 Feb 2025 London - UK $5,950
21 - 25 Apr 2025 Dubai - UAE $5,950
19 - 23 May 2025 Dubai - UAE $5,950
07 - 11 Jul 2025 Houston - USA $6,950
18 - 22 Aug 2025 London - UK $5,950
22 - 26 Sep 2025 Dubai - UAE $5,950
06 - 10 Oct 2025 Rome - Italy $5,950
03 - 07 Nov 2025 Dubai - UAE $5,950
23 - 27 Nov 2025 Muscat - Oman $5,950
15 - 19 Dec 2025 London - UK $5,950
29 Dec 2025 - 02 Jan 2026 Dubai - UAE $5,950
05 - 09 Jan 2026 Dubai - UAE $5,950
12 - 16 Jan 2026 Kigali - Rwanda $5,950
02 - 06 Mar 2026 London - UK $5,950
Online Sessions:

21 - 25 Apr 2025 Online $3,950
07 - 11 Jul 2025 Online $3,950
22 - 26 Dec 2025 Online $3,950
Course Description

INTRODUCTION

This Financial Modelling in the Oil & Gas Industry training course is designed to enhance participants understanding of advanced use of Excel. The global competitive environment affecting firms across all sectors including Oil & Gas companies. The ability of using Excel to its fullest is the minimum requirement to remain competitive in the current environment. This training course is designed to provide in-depth knowledge of using Excel in financial modelling. Upon completion the delegates will have the skills to use Excel efficiently, understanding how to deal with several important issues related to financial modelling, performance measurements and setting targets using sophisticated techniques. The delegates will have the knowledge to explain and propose various methods relevant in enhancing company performance.

In addition, working in the upstream or downstream and the career progression is being restricted by outdated knowledge of modelling techniques, measuring performance, and limitations. This training targets areas of weakness, so that participants will be able to build-up their confidence in financial modelling and moving their career forward.

This GLOMACS Financial Modelling in the Oil & Gas Industry training course will highlight:

  • Applications of Excel from the basics to the most advanced use of Excel
  • A real-world approach to the discipline
  • Numerous examples based around the oil and gas industry
  • A dual approach that develops not only modelling skills but also financial management skills
  • In-depth analysis of the performance using statistical techniques

Objectives

By the end of this Financial Modelling in the Oil & Gas Industry training course, the participants will be able to:

  • Improve the quality of the quantitative analysis of corporate presentations
  • Apply financial modelling in the oil and gas industry
  • Effectively assess the appropriate discount rate
  • Use various models of investment appraisal techniques
  • Use business statistics to enhance operations and target setting for the organization

Training Methodology

Each of the sessions will involve formal lectures, demonstration of modelling techniques, and the opportunity for practical application. Practical examples, and the use of mini cases will assist participants to understand the practical applications of the techniques used and prepare them to use these skills in their workplace.

Organisational Impact

The organisation will benefit the following upon participating this GLOMACS Financial Modelling in the Oil & Gas Industry training course is profound:

  • Providing opportunities to develop high-level financial management techniques
  • Appropriate application of the financial modelling to the Oil and Gas industry
  • Updating their quantitative techniques to enable them to make a better-informed decision
  • Transforming Excel skills to advanced knowledge of Excel for financial modelling
  • Enhancing the ability to apply business statistics
  • Effective data analysis to improve day-to-day operation activities

Personal Impact

The impact of this training course to the participants are manifold and includes: 

  • Advanced ability in financial modelling using Excel
  • Gain larger skills set when contributing to corporate decisions
  • Ability to question important decisions formed using financial modelling
  • Ability to use statistics in the operation and performance measurements
  • Setting consistent targets using statistical analysis
  • A clear understanding of performance measurements

WHO SHOULD ATTEND?

This Financial Modelling in the Oil & Gas Industry training course is a suitable wide range of professionals but will significantly benefit:

  • Decision Makers and Performance Monitoring Specialists
  • Budgeting and Financial Modelling Specialists
  • Accountant and Analysts
  • Financial Analysis Specialists
  • Junior Managers in Data Analyst
Course Outline

DAY 1

Introduction to the Excel Environment with Oil and Gas  

  • A Quick-start Tutorial for Excel
  • Describing Data Sets Using Statistics
  • Representing Data sets Graphically
  • Understanding the Concept of Normal Distribution and practical application
  • Trend Analysis Using Excel
  • Time Series Analysis

DAY 2

Statistical Analysis (Applied to the Oil and Gas Industry) Using Excel 

  • Use of Excel Functions for Statistical Analysis
  • Descriptive Statistics and their applications:
    • Mean
    • Median
    • Standard Deviation
    • Skewness
    • Kurtosis
  • Use of Scatter Diagrams, Frequency and Histogram Distribution
  • Regression Techniques to Calculate the Cost of Equity Financing
  • Analysis of Equity Returns of Oil and Gas Industry and Companies

DAY 3

Oil Product Spreads  

  • Examining the Relationship between Energy Products
  • Differences between Data Sets and their importance.
  • Correlation Analysis
  • Confidence Intervals
  • Application of Analysis of Variance (ANOVA)

DAY 4

Investment Appraisal Using Excel  

  • Investment Appraisal using NPV, IRR, and Payback as Applied to the Oil and Gas Industry
  • Use of Excel Functions for Investment Appraisal: IRR, PV and NPV
  • Modified Internal Rate of Return (MIRR)
  • Use of Scenario Analysis and Stress Testing
  • Predicting Financial Distress

DAY 5

Financial Analysis in the Up and Down Stream Oil and Gas Industry 

  • Introduction to Financial Statements
  • Ratio Analysis Applied to the Oil and Gas Industry
  • Ratios as a System – Pyramids of Ratios
  • Financial Modelling
  • Cash Flow Forecasts Using Excel
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 Sponsor, one CPE credit is granted per 50 minutes of attendance
Providers and Associations

Endorsed Education Provider

  • Quality Logo
  • Quality Logo

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org

In Association With

PetroKnowledge

PetroKnowledge

Our collaboration with Petroknowledge aims to provide the best training services and benefits for our valued clients

Visit website

Oxford Management Centre

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients.

Visit website

The Energy Training Centre

The Energy Training Centre

Our collaboration with Energy Training Centre aims to provide the best training services and benefits for our valued clients

Visit website

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Frequently Asked Question:

How can I find out more information about a specific course?

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.

Can I get a discount for group bookings?

Yes, GLOMACS offers special discounts for group bookings. If you’re planning to enroll multiple participants from your organization, please reach out to our team to discuss the available discount packages.

How are GLOMACS courses structured?

Our courses are structured to provide a balanced mix of theory and practical application. They typically include presentations, case studies, group discussions, hands-on activities, and interactive Q&A sessions to maximize learning outcomes.

Will I receive a certificate upon completing a GLOMACS course?

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.

Does GLOMACS offer customized training for organizations?

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.

How can I register for a GLOMACS course?

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.

Who are the trainers at GLOMACS?

Our trainers are industry experts with years of practical experience in their respective fields. They bring real-world knowledge and insights into the classroom, ensuring that our participants receive top-tier, applicable skills and expertise.

Are GLOMACS training courses available online or in person?

GLOMACS offers both online and in-person training options. You can choose from interactive virtual sessions or attend one of our globally located in-person training courses. The flexibility ensures that learning fits your schedule and preferences.

What types of training courses does GLOMACS offer?

GLOMACS offers a wide range of professional development training courses across various industries, including Leadership & Management, Finance & Accounting, Human Resources, Engineering, Oil & Gas, Operations and Logistics, Engineering and Technical and more. Our training courses are designed to enhance career growth and organizational effectiveness.

What are the key benefits of attending a GLOMACS course?

Attending a GLOMACS training course offers numerous benefits, including enhanced professional skills, increased employability, industry-recognized certification, networking opportunities with peers and experts, and the chance to apply practical knowledge directly to your workplace.

Why should I choose GLOMACS?

GLOMACS is a globally recognized leader in professional training and development, with a reputation for delivering high-quality, results-driven training courses. We offer a broad spectrum of training courses taught by expert trainers, flexible delivery options (both online and in-person), and accredited certifications that add real value to your career.

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