After completing this training, participants will be able to:
• Understand the upstream oil and gas business model and value chain from a financial perspective
• Identify and classify CAPEX, OPEX, and abandonment costs in upstream projects
• Understand basic oil and gas accounting concepts and cost allocation principles
• Analyze cash flow structures under common upstream fiscal regimes (e.g. PSC)
• Apply basic economic evaluation tools such as NPV, IRR, and payback period
• Interpret financial reports and project economics for upstream oil and gas assets
• Support informed decision-making related to investment, budgeting, and cost control
Finance & accounting staff in upstream oil and gas companies
Non-finance professionals (engineering, operations, subsurface, SCM) involved in budgeting or project evaluation
Government/regulator staff involved in upstream financial oversight
Internal audit, planning, and commercial teams
New entrants to upstream oil and gas industry
• Lecturing and Class room session and Case Study
• Interactive sharing information and experience
• Group discussion, question and answer session
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