Financial Modelling in the Oil & Gas Industry

An Intensive 5-day Training Course

Financial Modelling in the Oil & Gas Industry

Financial Management Skills, Financial Modelling and Forecasting

Financial Modelling in the Oil & Gas Industry

Scheduled Dates

Classroom

28 Oct - 01 Nov 2024Dubai - UAE$5,950RESERVE A SEAT
18 - 22 Nov 2024Muscat - Oman$5,950RESERVE A SEAT
09 - 13 Dec 2024London - UK$5,950RESERVE A SEAT
06 - 10 Jan 2025Dubai - UAE$5,950RESERVE A SEAT
13 - 17 Jan 2025Kigali - Rwanda$5,950RESERVE A SEAT
17 - 21 Feb 2025London - UK$5,950RESERVE A SEAT
31 Mar - 04 Apr 2025London - UK$5,950RESERVE A SEAT
21 - 25 Apr 2025Dubai - UAE$5,950RESERVE A SEAT
19 - 23 May 2025Dubai - UAE$5,950RESERVE A SEAT
07 - 11 Jul 2025Houston TX - USA$6,950RESERVE A SEAT
18 - 22 Aug 2025London - UK$5,950RESERVE A SEAT
22 - 26 Sep 2025Dubai - UAE$5,950RESERVE A SEAT
06 - 10 Oct 2025Rome - Italy$5,950RESERVE A SEAT
03 - 07 Nov 2025Dubai - UAE$5,950RESERVE A SEAT
23 - 27 Nov 2025Muscat - Oman$5,950RESERVE A SEAT
15 - 19 Dec 2025London - UK$5,950RESERVE A SEAT
29 Dec 2025 - 02 Jan 2026Dubai - UAE$5,950RESERVE A SEAT

Online

16 - 20 Dec 2024Online$3,950RESERVE A SEAT
27 - 31 Jan 2025Online$3,950RESERVE A SEAT
21 - 25 Apr 2025Online$3,950RESERVE A SEAT
07 - 11 Jul 2025Online$3,950RESERVE A SEAT
22 - 26 Dec 2025Online$3,950RESERVE A SEAT

Are the scheduled dates matching with your needs?

We provide a wider range of training options. Tailored and customized, we can deliver your organisation’s training needs anytime, anywhere.

In-House Solutions ›

Why Choose this Training Course?

This Financial Modelling in the Oil & Gas Industry training course is designed to enhance participants understanding of advanced use of Excel. The global competitive environment affecting firms across all sectors including Oil & Gas companies. The ability of using Excel to its fullest is the minimum requirement to remain competitive in the current environment. This training course is designed to provide in-depth knowledge of using Excel in financial modelling. Upon completion the delegates will have the skills to use Excel efficiently, understanding how to deal with several important issues related to financial modelling, performance measurements and setting targets using sophisticated techniques. The delegates will have the knowledge to explain and propose various methods relevant in enhancing company performance.

In addition, working in the upstream or downstream and the career progression is being restricted by outdated knowledge of modelling techniques, measuring performance, and limitations. This training targets areas of weakness, so that participants will be able to build-up their confidence in financial modelling and moving their career forward.

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

  • Applications of Excel from the basics to the most advanced use of Excel
  • A real-world approach to the discipline
  • Numerous examples based around the oil and gas industry
  • A dual approach that develops not only modelling skills but also financial management skills
  • In-depth analysis of the performance using statistical techniques

What are the Goals?

By the end of this Financial Modelling in the Oil & Gas Industry training course, the participants will be able to:

  • Improve the quality of the quantitative analysis of corporate presentations
  • Apply financial modelling in the oil and gas industry
  • Effectively assess the appropriate discount rate
  • Use various models of investment appraisal techniques
  • Use business statistics to enhance operations and target setting for the organization

Who is this Training Course for?

This Financial Modelling in the Oil & Gas Industry training course is a suitable wide range of professionals but will significantly benefit:

  • Decision Makers and Performance Monitoring Specialists
  • Budgeting and Financial Modelling Specialists
  • Accountant and Analysts
  • Financial Analysis Specialists
  • Junior Managers in Data Analyst

How will this Training Course be Presented?

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.

Organisational Impact

The organisation will benefit the following upon participating this PetroKnowledge Financial Modelling in the Oil & Gas Industry training course is profound:

  • Providing opportunities to develop high-level financial management techniques
  • Appropriate application of the financial modelling to the Oil and Gas industry
  • Updating their quantitative techniques to enable them to make a better-informed decision
  • Transforming Excel skills to advanced knowledge of Excel for financial modelling
  • Enhancing the ability to apply business statistics
  • Effective data analysis to improve day-to-day operation activities

Personal Impact

The impact of this training course to the participants are manifold and includes: 

  • Advanced ability in financial modelling using Excel
  • Gain larger skills set when contributing to corporate decisions
  • Ability to question important decisions formed using financial modelling
  • Ability to use statistics in the operation and performance measurements
  • Setting consistent targets using statistical analysis
  • A clear understanding of performance measurements

Daily Agenda

Day One: Introduction to the Excel Environment with Oil and Gas  
  • A Quick-start Tutorial for Excel
  • Describing Data Sets Using Statistics
  • Representing Data sets Graphically
  • Understanding the Concept of Normal Distribution and practical application
  • Trend Analysis Using Excel
  • Time Series Analysis
Day Two: Statistical Analysis (Applied to the Oil and Gas Industry) Using Excel 
  • Use of Excel Functions for Statistical Analysis
  • Descriptive Statistics and their applications:
    • Mean
    • Median
    • Standard Deviation
    • Skewness
    • Kurtosis
  • Use of Scatter Diagrams, Frequency and Histogram Distribution
  • Regression Techniques to Calculate the Cost of Equity Financing
  • Analysis of Equity Returns of Oil and Gas Industry and Companies
Day Three: Oil Product Spreads  
  • Examining the Relationship between Energy Products
  • Differences between Data Sets and their importance.
  • Correlation Analysis
  • Confidence Intervals
  • Application of Analysis of Variance (ANOVA)
Day Four: Investment Appraisal Using Excel  
  • Investment Appraisal using NPV, IRR, and Payback as Applied to the Oil and Gas Industry
  • Use of Excel Functions for Investment Appraisal: IRR, PV and NPV
  • Modified Internal Rate of Return (MIRR)
  • Use of Scenario Analysis and Stress Testing
  • Predicting Financial Distress
Day Five: Financial Analysis in the Up and Down Stream Oil and Gas Industry 
  • Introduction to Financial Statements
  • Ratio Analysis Applied to the Oil and Gas Industry
  • Ratios as a System – Pyramids of Ratios
  • Financial Modelling
  • Cash Flow Forecasts Using Excel

Certificate

  • On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
This training course is also part of the 10-day titles:
Financial Modelling and Petroleum Project Economics

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Frequently Asked Questions

Why PetroKnowledge?

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.

Who are these training courses designed for?

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.

Are the courses delivered online or in person?

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

Can I get a customized training course for my team?

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.

Are there any prerequisites for attending a course?

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.

How can I enroll in a 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 reg@petroknowledge.com

When should I expect to receive confirmation of registration?

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.

Will I receive a certificate after completing the course?

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.

When and how do I arrange payments?

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

What is the refund or cancellation policy?

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. 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.

Is there a discount for more than one registrant/course?

For corporate fees and group registration, please send your query to info@petroknowledge.com.

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