The training is to provide participants with a comprehensive understanding of the processes and regulations surrounding these important documents in the upstream oil and gas industry, particularly for Production Sharing Contract (PSC) companies operating in Indonesia. The training aims to achieve the following objectives:
• To familiarize participants with the Plan of Development (POD) and its role in guiding the long-term strategy for oil and gas field project development.
• To enhance participants on the Work Program and Budget (WP&B) and its role in the annual planning and execution of specific activities and expenses for a project.
• To enhance participants with an understanding of the Authorization for Expenditure (AFE) and its role in controlling project expenses and ensuring they stay within budget.
• To enhance participants with an understanding of reporting mechanism (FQR) and its role in controlling project expenses
• To enhance participants of the regulations and procedures surrounding POD, WP&B, AFE and FQR process of submission to the regulator, SKK Migas for approval.
By the end of the training, participants will have a comprehensive understanding of the procedures for POD, WP&B, and AFE, and be updated on the regulations surrounding Gross Split Regime and able to apply this knowledge to their work in the upstream oil and gas industry.
• Finance, Accounting, Budgeting, Cost Control, Financial Analyst
• POD, WP&B, AFE and Reporting Team
• Project Engineering and Economic
• Commercial Planning
• Reservoir Engineers, Petroleum Engineers, Exploration Engineers
• Development Engineers, Exploitation Engineers’ Drilling and production engineers
• Operations engineers and Facilities engineers
• Any persons who involved the POD, WP&B, AFE and Reporting aspect
• Investors and Bankers
• Anybody who wish to be knowing about the above aspect
• Lecturing and Classroom session and Case Study
• Interactive sharing information and experience
• Group discussion, question, and answer session
For more information, please contact our customer service or register to be contacted by our team.
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