Petroleum Economics & Risk Analysis

Petroleum Economics & Risk Analysis

About the Course

This training course teaches you the fundamental financial aspects of a petroleum company. The course focuses on modelling aspects within the petroleum industry and is suitable for finance and non-finance professionals within the petroleum industry.

 

Course Objectives

• Understand various economic terms used in the Oil & Gas industry
• Understand how to develop economic models of various petroleum fiscal regimes
• Carry out cash flow analysis, different economic analyses for petroleum related project and determine economic indicators
• Evaluate and quantify risks and uncertainties
• Make the right investment decision in the presence of risk
• Carry out a comprehensive economic evaluation study for any petroleum related project including risk analysis and sensitivity study using spreadsheet
• Contribute to the petroleum project investment within a solid economic system and do a detailed economic evaluation
• Contribute to the decision-making process for any petroleum related project

 

Course Content

Session 1: Financial Reporting & Performance Measurement

• Introduction to Petroleum Economics
• The Financial Statements
• Accounting Ratios & Key Performance Indicators

Session 2: Cash Flow Analysis and Project Evaluation

• Cash Versus Profit
• Introduction to Financial Theory
• Project Investment Analysis

Session 3: Economic Models & Spreadsheet Design

• Economic Models and Spreadsheet Design
• Calculation of Margins

Session 4: Fiscal Regimes

• Fiscal Regimes

Session 5: Risk, Uncertainty & Decision Analysis

• Risk and Sensitivity Analysis
• Decision Analysis

Session 6: Corporate Finance

• Sources of Capital
• Valuation of Corporate Liabilities
• Oil and Gas Stock Valuation

 

Who Should Attend?

CFO’s, Accountants, Corporate Treasury Managers, Investment professionals, Corporate Finance professionals, Financial controllers, accountants and analysts, Project finance professionals, Engineers, Project Managers, Non-finance professionals working within the petroleum industry

 5 Days

Course Fees (VAT Included)

Lagos/PH/Abuja: ₦ 537,500.00

UK/US/Ghana/Dubai: $ 5,375.00

TRAINING PACK 

• Award of Certificate.
• Professional Training Materials

 

REGISTRATION PROCEDURE

1. Go to “Register Now” button and fill the form and send it. You will get “message sent” if it is successful.
2. You will get confirmation of your registration within two working days when you will be asked to go ahead and make payment.
3. Go ahead and make payment.
4. Send your name, phone number, email address, training location, amount paid to info@sbtpetroleum.com.ng OR SMS to +2349098171437.
5. Upon confirmation of your payment, an electronic receipt will be sent to your mail.
6. A joining instruction will be sent to you at least 72 hours before the training date an time.
7. Looking forward to training date to commence your training. However, if a need to change the dates of the training arises, you will be notified immediately. This may be due to unavailability of the instructors or due to unavoidable logistic challenges.

 

ACCOUNT DETAILS

NAIRA ACCOUNT

BANK:                           ECOBANK

ACCOUNT NAME:       SBT PETROLEUM GEOSCIENCE LIMITED

ACCOUNT NUMBER:  1613062169

BRANCH:                     Chevron Branch

SORT CODE:               050150340

 

DOLLAR ACCOUNT

BANK:                           ECOBANK

ACCOUNT NAME:       SBT PETROLEUM GEOSCIENCE LIMITED

ACCOUNT NUMBER: 1613062183

BRANCH:                     Chevron Branch

SORT CODE:               050150340