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Cash Calls and Petroleum Financing

This is a practical energy training course which enables delegates from all technical and commercial disciplines to understand the theories and met

Corporate Training Programme

(Five or Ten Days)

Summary

This is a practical energy training course which enables delegates from all technical and commercial disciplines to understand the theories and methods used to value oil and gas prospects.

A ten-day certificated course providing the fundamentals of petroleum economics. This course is suitable for anyone wishing to learn about alternatives for petroleum financing.

Course objectives

After completing this course, each student will have an overview of the economic aspects of the upstream and midstream aspects of the petroleum industry.

Who will benefit?

Company executives involved in upstream and midstream businesses, petroleum business development, operational managers who deal with petroleum financing, government and parastatal officials involved in policy, monitoring and regulation of petroleum enterprises.

Previous experience

No previous experience is needed.

Curriculum

  1. Introduction

Introduction to cash calls; Definitions; Different types of cash call

  1. National oil and gas industry

World oil and gas industry today; Evolution of the international oil and gas industry; National petroleum industry; National petroleum and gas legislation

  1. Cash calls in the petroleum sector

Joint ventures; Financing petroleum by cash calls; Financing petroleum by billing and payment

  1. Introduction to costs

Layout of financial accounts; Depreciation; Cost concepts; Allocations; Job costing; Costing by-products; Activity Based Costing; Transfer pricing

  1. Costs in the petroleum sector

Petroleum project phases; Types of cost; Operational costs; Recoverable indirect overheads costs; Capital costs; How to overestimate costs

  1. Cost monitoring and auditing

Cost monitoring and standard costs; Audits; Petroleum industry efficiency ratios; Benchmarking; Competitor analysis; Planning

  1. Petroleum development financing

JV investment process; National fiscal arrangements; International fiscal systems; Financial instruments; Risks and risk mitigation; Legal issues; Project financing

  1. Petroleum sector contracts
  1. Alternative approaches to cash calls

Read the Terms and Conditions before booking.