Oil & Gas - Business Environment and Finance

Who should attend?

• Senior managers within the Oil & Gas sector or those identified via organisational talent management for fast track to a senior role
• Public sector officials with responsibility for the state management of Oil & Gas resources
• Engineers and Project Managers who are looking to develop leading edge practice for both themselves and their organisation

Learning Objectives

• To provide delegates with an in depth understanding of the global Oil & Gas business environment
• To fully equip delegates with the necessary understanding of emerging trends and opportunities
• To develop an appreciation of the macro-economic factors both regionally and globally that shape the industry
• To provide delegates with an in depth understanding of the key financial management systems
• To fully equip delegates with the necessary understanding of financial instruments and their impacts
• To enable delegates to effectively manage: Market risk, Credit risk and Liquidity risk
• To enable delegates to undertake effective financial modelling and scenario planning

Course Content

Global Market Forces

• The influence of OPEC
• The US Position
• Asean influence
• Africa influence

Global Threats and Opportunities

• Overview of global reserves and Peak Oil concept
• Alternative technologies – threat or opportunity
• Emerging territories and cost of access
• Environmental aspects

The Cohesive Producer

• Aligning strategy with the global picture
• Input and cost management
• Output and pricing management
• Corporate Social Responsibility and Communication

Strategic Relationships

• Production agreements
• Joint venture partnering
• Regional Government
• Global upstream and downstream models

Industry Governance

• Developing and enhancing governance policies
• Combating economic crime and corruption
• The impacts of the “Dodd Frank” Act
• Global best practice and case studies

Key Financial Management Systems

• Effective Budget preparation and management
• Cash flow management and forecasting
• Interpreting key financial statements
• Key financial ratios and Analysis

Effective Treasury Management

• Overview of global treasury models
• Structuring effective return, income and defensive portfolios
• The roles and impacts of financial instruments
• Effectively managing geographic and asset risk

Effective Risk Management

• The key concepts and elements of risk management
• Managing Market Risk
• Managing Credit Risk
• Managing Liquidity Risk

Practical Financial Modelling

• Key principles within Financial Modelling
• Constructing key financial models
• Linkage of models and sub-models
• Scenario Planning Applications