Financial Modelling in the
Oil & Gas Industry

This Financial Modelling training course is designed to significantly enhance participants’ expertise in using Excel for advanced financial applications. In today's highly competitive global environment—particularly in the oil and gas sector—proficiency in Excel-based modelling is not just advantageous but essential. This Financial Modelling training course delivers a comprehensive understanding of how to apply Excel effectively for financial modelling, enabling participants to analyze data, evaluate performance, and set operational and financial targets using advanced tools and methods.

Participants will gain practical insights into financial modelling challenges commonly encountered in both upstream and downstream operations. The Financial Modelling training also addresses skill gaps that may hinder career advancement due to outdated modelling practices or limited exposure to modern performance measurement techniques. Through targeted exercises and real-world scenarios, this course builds the confidence and capability to apply financial modelling in ways that improve decision-making and drive business value.

This Financial Modelling in the Oil & Gas Industry training course will highlight:

• Practical applications of Excel ranging from foundational to advanced levels
• Industry-specific modelling techniques used across oil and gas projects
• Realistic examples that mirror challenges in the oil and gas sector
• A dual focus on enhancing financial modelling and financial management skills
• Techniques for evaluating performance using statistical analysis

By the end of this Financial Modelling training course, the participants will be able to:

• Enhance the quality and precision of financial analysis in corporate reporting
• Apply tailored financial models relevant to oil and gas operations
• Accurately determine appropriate discount rates for investment evaluation
• Utilize various investment appraisal methods to support project decisions
• Implement statistical tools to optimize performance and define strategic targets

This Financial Modelling training course is suitable for a wide range of professionals, and will particularly benefit:

• Decision-makers and specialists involved in performance analysis
• Professionals responsible for budgeting, forecasting, and financial modelling
• Accountants and financial analysts seeking industry-focused modelling skills
• Financial planning and analysis (FP&A) professionals
• Junior managers or data analysts looking to enhance modelling capabilities

Each of the sessions will involve formal lectures, demonstration of modelling techniques, and the opportunity for practical application. Practical examples, and the use of mini cases will assist participants to understand the practical applications of the techniques used and prepare them to use these skills in their workplace.

The organisation will benefit from this PetroKnowledge Financial Modelling in the Oil & Gas Industry training course through:

• Improved application of advanced financial management and analysis techniques
• Greater accuracy in financial forecasting and modelling in oil and gas projects
• Updated quantitative skill sets that support informed decision-making
• Enhanced Excel proficiency tailored for financial modelling applications
• Better use of statistical insights for operational and strategic planning
• Improved data analysis practices that support daily business functions

The impact of this Financial Modelling training course on participants includes:

• Strengthened capability in Excel-driven financial modelling
• Broadened skill set contributing to strategic financial decisions
• Enhanced ability to critically evaluate modelling outcomes and assumptions
• Practical use of statistical tools for monitoring performance
• Confidence in setting data-driven performance targets
• A deeper understanding of how to measure and interpret business performance