The oil and gas industry, particularly in exploration and production (E&P), is capital-intensive and involves high financial risks. Effective budgeting and cost control are essential to optimize resource allocation, ensure compliance with regulatory frameworks, and maximize return on investment. This training is designed to provide participants with a strong understanding of budgeting methodologies, cost management strategies, and monitoring tools tailored to the upstream oil and gas sector. By the end of this training, participants will be able to develop, manage, and control E&P budgets effectively, while aligning financial performance with operational objectives.
• Finance, budgeting, and accounting professionals in oil & gas companies.
• Project managers and engineers involved in E&P activities.
• Asset managers and field development planners.
• Internal auditors and compliance officers.
• Government and regulatory staff
• Lecturing and Class room session and Case Study
• Interactive sharing information and experience
• Group discussion, question and answer session
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