Course Objective
This will enable the participants to know how to manage oil prices and all the risks associated with it.
Course Content
Review of pricing mechanisms
- Fixed, floating, EFP’s
- Physical vs forward vs futures
- The value of the differential
Understanding exposure
- When does price risk begin?
- Actively managing price risk
- What is hedging?
Hedging instruments
- Futures vs. swaps vs. options
Hedging with exchange traded products
- As a producer
- As a refiner
- As a consumer
Hedging with OTC products
- The underlying
- Rateable exposure
Comparative analysis
- Which instrument to use when and why?
Who Should Attend?
- Anyone who is affected by the changes in the international price of oil
- Oil industry personnel working in supply, trading, risk management, refining, finance, transport, exploration and production
- Oil trading and distribution companies
- Energy-related government departments and regulators
- Purchasing, planning, and finance departments in major energy consumers
- Energy publications
- Bankers, accountants, auditors and others associated with oil companies and oil financing
Duration: 5 Day
Course Fees (VAT Included)
Lagos/PH/Abuja: ₦ 483,750.00
UK/US/Ghana/Dubai: $4,837.50
- Award of Certificate.
- Professional Training Materials
REGISTRATION PROCEDURE
- Go to “Register Now” button and fill the form and send it. You will get “message sent” if it is successful.
- You will get confirmation of your registration within two working days when you will be asked to go ahead and make payment.
- Go ahead and make payment.
- Send your name, phone number, email address, training location, amount paid to info@sbtpetroleum.com.ng OR SMS to +2349098171437.
- Upon confirmation of your payment, an electronic receipt will be sent to your mail.
- A joining instruction will be sent to you at least 72 hours before the training date an time.
- 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