Categories > Finance & Accounting Category

 

Finance and Accounting for Petroleum Managers and Supervisors

 

 

Program Duration

:

5 Days

Program Date 1

Program Date 2

Program Date 3

:

:

:

03-07 March, 2012

 

01-05 September, 2012

 

03-07, November, 2012

Program Fees

:

US$ 2950/Per Person

 

 

PROGRAM OBJECTIVES:

 

 

The overall objectives of this program is to offer, as an integrated unit, three key functional management topics of the oil and gas industry. They include finance and accounting gas applied to the petroleum business, negotiation and management of oil and gas agreements, and the performance of oil and gas investments from both project and corporate perspectives.

 

WHO SHOULD ATTEND?

This program is designed for energy managers, supervisors and key employees with broad functional responsibilities: financial, technical, project development, legal, as well as other professionals, who wish to expand their knowledge of finance and accounting; investment and risk analysis in managing, developing and reporting on energy projects; and, the legal and commercial aspects of the key upstream legal agreements

PROGRAM OUTLINES: 

  • Oil and Gas Project Overview
  • Overview of Oil and Gas Accounting
  • Full Cost and Successful Efforts Accounting of Upstream Petroleum Costs
  • Accounting for Revenue and Production Activities Under Host Government and Joint Operating Agreements
  • Accounting for the Government Take
  • Supplemental Disclosures
  • Audit Process
  • Dispute Resolution
  • Overview of the International Oil and Gas Business Today
  • The Exploration and Field Development Process
  • Overview of Upstream Host Government Agreements
  • Negotiation Process “Getting to Yes”
  • Exploration Project Investment Analysis
  • Review, Discussion and Analysis of Recent Concession Agreements
  • Review, Discussion and Analysis of Recent Production Sharing Contracts
  • Review, Discussion and Analysis of Recent Risk Service Contracts
  • Review and Discussion of Joint Operating Agreement