Oil,
Gas and Mining Projects involve substantial capital investment, long lead times
and carry significant risk. Their success is often critical, not only to the
companies involved but also to the Government. As a result, this course plays a
vital role by improving the performance of those involved in managing and
contributing to such projects.
This
training course will provide delegates with the essential skills to evaluate
financial decisions, recommend appropriate sources of finance and to manage
financial risks, including volatile oil prices, gas prices and mineral price.
These
skills will be developed through the analysis of Finance Case Studies relevant
to your organisation
This course will feature:
The Oil, Gas and Mining sectors
and the Financial Implications relevant to Projects in the sectors
Best Practice in Investment
Appraisal of Oil, Gas and Mining Projects
The Analysis & Evaluation of
Case Studies relevant to your role and organisation
The latest International methods
of Financial Management, Analysis & Evaluation
How to Manage Oil Prices, Gas
Prices and Mineral Prices
Training Objectives
What are the Goals?
By the end of this course, participants will be able to:
Outline the
specific nature and financial implications of Oil, Gas and Mining Projects
Recommend
methods of financing Oil, Gas and Mining Projects
Calculate the
costs of finance
Undertake
Financial Evaluation of Projects to determine their Financial &
Economic Viability and sustainability
Recommend ways
to improve the financial position of the company
Target Audience
Who is this Training Course for?
This course is suitable
to a wide range of professionals from the Oil, Gas and Mining sector but will
greatly benefit the following individuals:
Engineers
Projects & Process Managers
Technical Managers, Team Leaders
& Line Managers
Finance Managers &
Professionals
Professional at all levels
involved in Projects
Training Methods
How will this Training Course be Presented?
This
training course will utilise a variety of proven highly interactive adult
learning techniques to ensure maximum understanding, comprehension and
retention of the information presented.
A
particular feature of the training course is the Analysis & Evaluation of
Case Studies relevant to your role and organisation enabling successful
knowledge and skill transfer.
Daily Agenda
Day
One: Oil, Gas and Mining Projects
Oil, Gas & Mineral Resources
and Reserves
The Specific Nature of Oil, Gas
and Mining Projects
Financial Implication of Oil, Gas
and Mining Projects
Market Volatility: Oil, Gas &
Mineral Prices
Strategic Issues facing the sector
Financing Natural Resource
Projects and a Diverse Strategy
Day
Two: Financing the Project
The Major Sources of Long Term and
Short Term Finance
Equity & Debt Financing
Recourse & Non-recourse
Finance
Project Finance
Special Purpose Vehicle (SPV)
& Parties to Project Finance Schemes
Bonds; Guarantees and Letters of
Credit
Day
Three: Oil, Gas and Mining Project Appraisal & Analysis
Selecting Projects to meet
Organisational Objectives
Forecasting Oil, Gas & Mining
Cashflows (Income & Costs)
Identifying Risks from the
Projected Cashflow
Calculating the Cost of Finance –
WACC, CAPM & Arbitrage Pricing
Capital Investment Appraisal
Techniques - Payback; ARR, NPV, IRR etc.
Financial Appraisal using
Spreadsheet Skills
Day
Four: Project & Financial Risk Management
Identifying Risk: Technical,
Logistical, Environmental, Economic and Financial
Financial Risk Management &
Derivatives
Sensitivity Analysis & Monte
Carlo Simulation Analysis
Evaluating the Risks &
Uncertainties – Their Probability & Impact
Managing Oil Prices, Gas Prices
and Mineral Prices
Derivative Markets
Day
Five: Financial Evaluation of Oil, Gas and Mining Projects
Meeting Government &
Organisational Objectives
Evaluating Financial Performance
Return on Equity ROE; Debt Service
Coverage Ratios (DSCRs) and Value for Money (VfM)
Economic NPV & Economic Value
Added
Cost–Benefit Analysis – Finance V
Economic Value Added
Meeting Future Needs
Awarded Certificate
On successful completion of this training
course, Certificate will be awarded to
the delegates