About this training course
This 3-day introductory-level course provides a comprehensive overview of international accounting and finance practices in the E&P industry. It is particularly suitable for finance personnel who are new to the oil and gas industry, or want to gain a broader understanding of oil and gas financial policy, joint venture and cost-control topic areas.
Training Objectives
After the completion of this training course, participants will be able to:
Comprehend an overview of accounting policies and practices in the oil and gas industry
Manage project development and operating costs
Understand the accounting and financial management implications of exploring for and producing oil and gas
Review the background to financial issues like joint ventures that are unique to the E&P industry, and their accounting treatment
Target Audience
This training course is suitable and will greatly benefit the following specific groups:
Finance staff new to the industry who require a grounding in the various specialist discipline areas that typically comprise an oil and gas company finance function
Finance personnel who are being developed for broader accounting and financial management responsibilities
Audit and information systems staff who have frequent dealings with financial controls and systems
Treasury and tax specialists who require a better understanding of E&P finance and accounting
Course Level
Basic or Foundation
Training Methods
The training instructor relies on a highly interactive training method to enhance the learning process. This method ensures that all participants gain a complete understanding of all the topics covered. The training environment is highly stimulating, challenging, and effective because the participants will learn by case studies which will allow them to apply the material taught in their own organization.
Course Duration: 3 days in total (21 hours).
Training Schedule
0830 - Registration 0900 - Start of training 1030 - Morning Break 1045 - Training recommences 1230 - Lunch Break 1330 - Training recommences 1515 - Evening break 1530 - Training recommences 1700 - End of Training
The maximum number of participants allowed for this training course is 25.
This course is also available through our Virtual Instructor Led Training (VILT) format.
Trainer
Your expert course leader has more than 30 years of experience in the international oil and gas industry, covering all areas of Finance and Audit, including involvement in Commercial roles. During her 19 years with ENI she worked in Italy, Netherlands, Egypt and UK and was CFO for 2 major ENI subsidiaries. She has delivered training courses in Accounting, Audit, Economics and Commercial topics in many Countries.
She has a Degree in Economics & Accounting and is a Certified Chartered Accountant. She is also a Chartered Auditor and an International Petroleum Negotiator. Outside of work, she is inspired by the beauty of nature and art, helping disadvantaged people, sports (football, golf) and her cat.
Courses Delivered Internationally:
E&P Accounting, Auditing in the Oil & Gas Industry
Cost Control & Budgeting
Introduction to the Oil & Gas Industry
Petroleum Project Economics
Contracts Strategy
International O&G Exploitation Contracts
POST TRAINING COACHING SUPPORT (OPTIONAL)
To further optimise your learning experience from our courses, we also offer individualized 'One to One' coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.
Request for further information post training support and fees applicable
Accreditions And Affliations