Financial Management for Oil & Gas and Petrochemical Companies

This comprehensive practical training course is tailored to provide participants with the chance to enrich their knowledge and refine their finance and accounting skills in the field of Oil and Gas Exploration and Production (E&P). Moreover, it will help participants develop and put to work effective techniques of financial management and analysis, enabling them to communicate actively with internal and external financial experts to become more proficient managers. In this workshop, participants will investigate ways for detecting financial and accounting problems in the oil and gas sector and devise practical plans for effective management of financial statements. The course will involve an active discussion of a wide variety of analysis methods to build cost structures, including Activity-Based Budgeting (ABB), and Activity-Based Costing (ABC) for excellent decision making.