An Intensive 5-Day Training Course
Due Diligence in
Oil and Gas Development (Phase 1)
We currently have no scheduled session for this Course. If you are interested in running this course, please contact our Training Department at info@petroknowledge.com
Why Choose this Training Course?
Why Choose this Training Course?
This 5-day (Phase 1) Petroknowledge training course is concerned with one of the most important activities in the development of oil and gas business – critical analysis and evaluation of potential investors and partners. The oil and gas industries are becoming more complex in structure, technology, competition and strategic choice. Consequently a company’s relationships with potential investors and partners now require a significantly higher standard of appraisal and focus than has been the case in the past.
Due diligence is multi-dimensional. It is based on an understanding of needs and objectives of potential investors and partners; their decision criteria; their compatibility with the strategic and operational objectives of our own company; and finally it requires a structured process by which attraction and integration of new investors and partners can be accomplished effectively in order to sustain continuous improvement in the profitable growth of the company.
This Petroknowledge training course will highlight the following key topics.
- The changing dynamics of the global oil and gas business
- Due diligence in financial appraisal of potential investors and partners
- Due diligence in non-financial appraisal of potential investors and partners
- The specific challenges of partnering in alliances and joint ventures
- Best practice in managing investor and partner relationships
What are the Goals?
What are the Goals?
At the end of Petroknowledge training course, you will learn how to:
- Identify the precise characteristics of new investors and partners
- Evaluate the past performance and future potential of new investors and partners
- Select and engage with new investors and partners
- Anticipate and deal with the challenges of integrating new investors and partners
- Measure the strategic impact of adding the new relationships
Who is this Training Course for?
Who is this Training Course for?
This Petroknowledge training course is designed to be relevant for a very wide range of experienced professionals - for example the following categories of managers:
- Corporate finance officers
- Data managers and analysts
- Strategic planners and investment analysts
- Internal auditors and management accountants
- Upstream and downstream operations and supply chain managers
- Merger and acquisition specialists
- Alliance and joint venture specialists
- Private equity specialists
- Asset and facilities managers
- Human resource managers
- Other individuals whose professional future would be enhanced by an understanding of current best practice in investor/partner analysis and appraisal
How will this Training Course be Presented?
How will this Training Course be Presented?
The training process is based on a carefully planned combination of highly focused inputs by the training course leader, using a balanced set of state-of-the-art presentation mechanisms. The emphasis will be on learning by examining major decisions in which the use of best practice principles of due diligence has been critical. Above all, the principles and approaches to this subject will be illustrated by reference to real-life organisations with which the training course leader has been personally involved.
In addition delegates will be encouraged to introduce issues for open discussion and creative thought. Specifically, we will use the following training methods.
- Presentations by the course leader on tools and techniques of due diligence
- Group work on case studies based on analysis, interaction and discussion
- Focused problem-solving exercises, including “outside the box” thinking
- Interactive discussions of issues that currently affect the company
- Creating personal and team plans for effective application of the training course
Organisational Impact
In sending delegates to this Petroknowledge training course the company will gain the following benefits:
- A more professional approach to appraisal of development opportunities
- Introduction of due diligence into all aspects of decisions
- Top management having more confidence in the decisions of staff
- A creative and flexible approach to investor relations
- Sharper focus on the potential of partnerships, alliances and joint ventures
- Managers with a broader global perspective on investor/partner relationships
Personal Impact
In attending this Petroknowledge training course delegates will acquire the following skills and competencies:
- Extending the boundaries of individual and team potential
- Improved creativity in developing the business
- Detailed understanding of the tools and techniques of due diligence
- Greater confidence in managing partnership relationships
- Applying collaborative approaches in sustaining profitable growth
- Introducing best practice in due diligence to all teams
Daily Agenda
Phase 1 is concerned with the basics of due diligence with a focus on tools and techniques of due diligence analysis.
Day One: The basics of due diligence in the oil and gas business
- The changing dynamics of the global oil and gas business
- The strategic relevance of due diligence in market analysis
- The strategic relevance of due diligence in financial management
- The strategic relevance of due diligence in merger and acquisition
- The strategic relevance of due diligence in business planning
Day Two: The basics of due diligence in market analysis
- Market analysis (1) – data search and business intelligence
- Market analysis (2) – analytical tools and techniques
- How attractive is the market sector that we are evaluating?
- How strong is our performance in this market sector?
- What is the potential for sustainable profitable growth?
Day Three: The basics of due diligence in financial management
- Profit and loss statement – what this signifies
- Balance sheet – what this signifies
- Cash flow statement – what this signifies
- Evaluating the financial anatomy – structure and gearing
- Evaluating the financial anatomy – robustness and sustainability
- Due diligence in evaluating merger and acquisition opportunities
Day Four: The basics of due diligence in risk analysis / risk management
- Identification of types of risk in this company
- Quantitative and qualitative tools and techniques of risk analysis
- Best practice in risk management – a structured process
- The emerging concept of “risk engineering”
- International standards and requirements of corporate governance
Day Five: Using the outputs of due diligence in strategic planning
- What is strategy and why is it important?
- Alternative approaches to strategic planning
- Management and control – dealing with variance and divergence
- Balancing short-term and long-term programmes and projects
- Example of a strategic planning framework
- Discussion and plan – how to apply themes 1-5 in this company
Certificate
- On successful completion of this training course, a PetroKnowledge Certificate will be awarded to the delegates
