After the completion of this training course, participants will be able to:

• Comprehend an overview of accounting policies and practices in the oil and gas industry
• Manage project development and operating costs
• Understand the accounting and financial management implications of exploring for and producing oil and gas
• Review the background to financial issues like joint ventures that are unique to the E&P industry, and their accounting treatment

This training course is suitable and will greatly benefit the following specific groups:

• Finance staff new to the industry who require a grounding in the various specialist discipline areas that typically comprise an oil and gas company finance function
• Finance personnel who are being developed for broader accounting and financial management responsibilities
• Audit and information systems staff who have frequent dealings with financial controls and systems
• Treasury and tax specialists who require a better understanding of E&P finance and accounting

• Basic or Foundation

The training instructor relies on a highly interactive training method to enhance the learning process. This method ensures that all participants gain a complete understanding of all the topics covered. The training environment is highly stimulating, challenging, and effective because the participants will learn by case studies which will allow them to apply the material taught in their own organization.

Course Duration: 3 days in total (21 hours).

Training Schedule

0830 – Registration 0900 – Start of training 1030 – Morning Break 1045 – Training recommences 1230 – Lunch Break 1330 – Training recommences 1515 – Evening break 1530 – Training recommences 1700 – End of Training

The maximum number of participants allowed for this training course is 25.

This course is also available through our Virtual Instructor Led Training (VILT) format.

Your expert course leader has more than 30 years of petroleum accounting and operational management experience in the international oil and gas industry. Before joining MDT International, he spent 15 years with Amerada Hess in a variety of petroleum accounting and commercial roles. He has practical, hands-on petroleum accounting knowledge gained by working internationally in UK, Norway, Denmark, Gabon and, before leaving Hess, he was Country Manager in Brazil.

He has a BA in Business Management Studies and currently is the Managing Director for MDT International. Outside of work, he enjoys the great outdoors; walking, running, landscape photography and golfing. He is a passionate fan of St. Mirren FC and a committed supporter of MDT’s preferred charity – The Gathimba Edwards Foundation.

Courses Delivered Internationally:

• Exploration & Production Accounting
• Auditing in the Exploration & Production Industry
• Finance for Non-Financial Oil & Gas Personnel
• Petroleum Economics & Risk Management
• Negotiation Skills for the Oil & Gas Industry
• Leadership Skills and Introduction to the Oil & Gas Industry

To further optimise your learning experience from our courses, we also offer individualized “One to One” coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.
Request for further information post training support and fees applicable