An Intensive 5-day Training Course
Financial Control for
Oil and Gas Contracts and Capital Projects
From Contracts to Capital Projects:
Mastering the Drivers of Financial Performance
Scheduled Dates
Classroom
| 13 - 17 Apr 2026 | London - UK | $5,950 | RESERVE A SEAT |
| 26 - 30 Oct 2026 | Amsterdam - The Netherlands | $5,950 | RESERVE A SEAT |
Would an alternative date be more suitable?
We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.
Why Choose this Training Course?
The oil and gas industry operates in one of the most complex and capital-intensive environments in the global economy. Financial control is essential to ensure that contracts and projects deliver value, risks are properly managed, and resources are allocated efficiently. With multi-billion-dollar investments, volatile commodity prices, and intricate contractual frameworks, organisations need a robust understanding of financial principles and control mechanisms.
This Financial Control for Oil and Gas Contracts and Capital Projects training course equips participants with the tools to evaluate, plan, and control oil and gas contracts and capital projects. By focusing on financial strategy, cost management, and risk techniques, delegates will learn how to strengthen decision-making and improve project performance in a highly competitive industry.
Key features of the Financial Control for Oil and Gas Contracts and Capital Projects training course:
- Provides a comprehensive foundation in oil and gas financial control
- Explains investment decision-making tools including NPV, IRR, and real options
- Demonstrates effective use of capital budgeting and cost management frameworks
- Shows how to analyse financial statements in an oil and gas context
- Equips delegates with risk management tools including sensitivity and scenario analysis
- Combines contracts, projects, and financial performance into a single integrated approach
What are the Goals?
The overall objective is to give delegates the knowledge and skills to control the financial performance of oil and gas contracts and capital projects.
- Understand the fundamentals of oil and gas financial control
- Apply investment appraisal tools to capital projects
- Evaluate financing options and calculate cost of capital
- Use shareholder value and EVA as measures of project success
- Apply cost estimation, budgeting, and forecasting techniques
- Manage project and price risk using scenario analysis and financial derivatives
Who is this Training Course for?
- Project Managers and Project Controllers in the oil and gas industry
- Finance Managers, Analysts, and Accountants working with oil and gas contracts
- Commercial and Contract Managers responsible for capital projects
- Executives and Decision-Makers overseeing oil and gas investments
- Risk Managers and Planning Professionals seeking better financial control
- Auditors and Consultants working with oil and gas organisations
How will this Training Course be Presented?
The Financial Control for Oil and Gas Contracts and Capital Projects training course blends case studies, group exercises, and financial modelling workshops. Participants will analyse real project examples, interpret contracts, and apply investment appraisal techniques to oil and gas scenarios. Each session integrates discussion with practical exercises to reinforce understanding and ensure application to delegates’ own roles.
Organisational Impact
- Strengthened control over capital projects and contractual performance
- More informed decision-making in investment and capital allocation
- Improved project cost control and forecasting accuracy
- Reduced financial risk exposure in a volatile sector
- Enhanced ability to measure performance against strategic goals
- Greater accountability across project and contract management
Personal Impact
- Improved financial analysis and decision-making skills
- Confidence in applying investment appraisal tools to real projects
- Ability to analyse and interpret oil and gas financial statements
- Deeper understanding of cost management and budgeting frameworks
- Enhanced capability to evaluate and control project risk
- Stronger ability to link financial control to overall project success
Daily Agenda
Day One: Finance Fundamentals in the Oil & Gas Industry
- Historical and current challenges for the industry
- Evolution and development of oil and gas contracts
- Oil and gas industry goals and strategy
- The drivers of business value
- Fundamentals of oil and gas financial reporting
- Choosing the right key performance measures
Day Two: Oil and Gas Investment Decision Making
- The nature of oil and gas investments
- Project life-cycle and stage-gate approach
- Investment decision-making: NPV and IRR
- Investment decision-making: real options
- Oil and gas key investment metrics
- The capital investment budgeting process
Day Three: Financial Strategy and Control
- Financing oil and gas investments
- Calculating cost of capital
- Understanding Economic Value Added (EVA)
- Measuring and improving shareholder value
- Analysing and interpreting oil and gas financial statements
- Capital allocation decisions
Day Four: Project Cost Management and Planning
- Oil and gas costs and behaviour
- Cost estimation techniques
- The business performance management framework
- The benefits and limitations of budgeting
- Alternative approaches to budgeting
- Oil and gas industry forecasting techniques
Day Five: Risk Management in the Oil and Gas Sector
- An integrated approach to risk management
- Identifying oil and gas industry risk
- Sensitivity and scenario analysis for project economics
- Break-even analysis of oil price versus lifting costs
- Using derivatives to manage oil price fluctuations
- Lessons from oil price volatility and project failure
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
In Association With
Frequently Asked Questions
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
Pre-Course Cancellation
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees.
Refund Policy Disclaimer
All course bookings made through PetroKnowledge are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.
PetroKnowledge reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.
If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
For corporate fees and group registration, please send your query to [email protected].
