An Interactive 5-Day Training Course
Advanced Finance & Accounting Strategies in the Oil & Gas Industry
Financial Strategies Relevant for the 21st Century
Course Overview
This Advanced Finance & Accounting Strategies training course focuses on the essential skills and techniques required to enable the participants to make appropriate strategic decisions to maximize profit, reduce costs and financial risks. Given the substantial capital costs, long lead times from exploration to sale and pressure to meet reserve replacement ratios, implementing and managing strategies in Oil & Gas finance and accounting are critical success factors.
In today’s competitive Oil and Gas industry, with volatile oil prices, demand and supply uncertainties, the need to reduce operating costs, whilst maintaining quality and safety, improving returns for investors and company stakeholders, what strategies should companies adopt to ensure sustainable growth?
This GLOMACS Advanced Finance & Accounting Strategies training course will feature:
- The current and future challenges within the sector
- The strategic decisions facing companies in this challenging environment & the techniques to enable informed strategic decision making
- Financing strategies to determine the optimum capital structure & undertake capital investment appraisal to maximising shareholder wealth
- Strategies to reduce and/or eliminate financial risk
- Strategies to manage new initiatives to ensure companies met their Strategic Aims & Objectives
Training Outline
DAY 1: Strategic Issues Facing the Oil & Gas Sector
- The Nature of the Oil & Gas sector
- Current & Future Challenges within the Sector – A question of Supply & Demand
- Volatility: Demand, Energy Prices, Exchange Rates, Interest Rates
- Resources & Reserves and the need for Research & Development
- Financial Issues Impacting on Strategic Development and Growth
DAY 2: Advanced Strategic Decisions
- Strategic Planning and Decision Making in a Volatile Market
- Analytical Tools to Aid Strategic Planning and Decision Making
- Diversifying Income Streams - Balancing Upstream, Midstream & Downstream
- Growth Strategies: Exploration, Diversification, Vertical & Horizontal Integration
- Mergers & Acquisitions, Joint Ventures, Production Sharing Agreements & Strategic Alliances
DAY 3: Financing Strategies in the Oil & Gas Sector
- Sources of Finance – The Optimum Capital Structure and the Cost of Capital
- Capital Investment Appraisal: NPV, IRR, Modified IRR, Payback
- Financial Forecasting and Analysis in Excel
- Managing Uncertainty of Production, Prices, Capital Costs & Construction Delays
- Modelling Energy Prices in Capital Budgeting
DAY 4: Financial Risk Management Strategies
- Developing and Implementing a Risk Management Strategy
- Risk Analysis of Oil and Gas Projects using Excel
- Sensitivity Analysis, Sensitivity Charts & Scenario Analysis, Monte Carlo Simulation
- Hedging Energy Prices - Interest Rates & Foreign Exchange Rates using Financial Derivatives
- Accounting for Hedging Under IFRS
DAY 5: Project Management to Meet Strategic Aims & Objectives
- Estimating Activity Durations & Costs using Statistical and Probability Estimates
- Critical Path and Manpower Planning
- Earned Value Analysis
- Budgetary Control and Variance Analysis
- Implementing & Managing Change, Suspension or Shut Downs
Certificates
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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