About this Training Course 

This course is not designed to skill Oil & Gas engineers to be accountants, but to give participants the confidence and ability to communicate with accountants and finance managers and to improve their own financial decision making.

For engineering professionals, a high level of technical expertise is no longer sufficient for superior management performance. Oil & Gas engineering professionals who wish to succeed in the resources industry are required to develop skills beyond their core functional knowledge.

An understanding of financial information and management, and an awareness of the economic theory that drives value creation, are an integral part of the managers required suite of skills.

By the end of this course, participants will be able to:

  • Demystify financial jargon and fully interpret financial statements
  • Understand Balance Sheets and Profit & Loss statements of Oil & Gas companies
  • Discover the crucial distinction between cash flow and profit
  • Understand how to make correct investment decisions using Net present Value and Internal Rate of Return
  • Interpret oil and gas company financial reports using ratio analysis
  • Learn the difference between cash costs and full costing of energy products
  • Learn how to manage working capital for increased shareholder value

This Workshop has been researched and developed for professionals in the technical and non-technical departments in the Oil and Gas industry, especially:

  • Engineers
  • Managers
  • Planners
  • Project Coordinators
  • Superintendents
  • Supervisors
  • Team Leaders

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

Learn what past participants have said about PetroEdge training courses

Useful appreciation on finance with a little background.

SCM Manager, Enquest

The level and nature, of course, are really exceptional. I gain new knowledge throughout the course!

Maintenance Supt., Petrofac

Just nice – not too heavy and not too extensive!

Geologist, Mudabala Petroleum

Excellent course for the non-finance personnel to have an overview of the financial analysis and oil and gas fiscal region.

Manager, Planning, Vestigo Petroleum Sdn Bhd