The content of the course is carefully designed to blend theory with real-world application. It covers a comprehensive range of topics that reflect the complexities of finance and accounting in the oil and gas sector. Each section is delivered through case studies, group discussions, and practical exercises to ensure participants acquire actionable skills.

Introduction to Oil & Gas Finance and Accounting

Overview of the oil and gas value chain: upstream, midstream, and downstream.
Key financial and operational characteristics of the industry.
Understanding capital intensity and long-term project cycles.
The role of finance and accounting in supporting strategic and operational decisions.

Exploration and Production Accounting

Treatment of exploration costs, seismic surveys, and intangible drilling costs.
Accounting for successful vs. unsuccessful exploration activities.
Depletion, depreciation, and amortization methods specific to petroleum assets.
Reserve-based accounting and its impact on financial statements.

Advanced Joint Venture and Production Sharing Agreement Accounting

Principles of joint venture accounting and cost-sharing agreements.
Accounting treatment under Production Sharing Agreements (PSAs).
Risk service contracts and concession agreements.
Revenue recognition, profit oil allocation, and government take calculations.

International Financial Reporting Standards (IFRS) in Oil & Gas

Key IFRS standards applicable to the industry.
Asset retirement obligations and environmental provisions.
Impairment testing for oil and gas assets.
Financial reporting disclosures for energy companies.

Capital Budgeting and Project Evaluation in Oil & Gas

Financial modeling techniques for oil and gas investments.
Net Present Value (NPV), Internal Rate of Return (IRR), and payback period analysis.
Risk analysis, sensitivity testing, and scenario planning for volatile markets.
Evaluating mergers, acquisitions, and divestitures in the industry.

Financial Risk Management in the Petroleum Sector

Identifying and managing financial risks in oil and gas projects.
Hedging strategies for commodity price volatility.
Currency and interest rate risk management.
Insurance and contractual risk allocation.

Corporate Finance and Strategic Decision-Making

Aligning financial strategies with corporate objectives.
Structuring financing options: equity, debt, and hybrid instruments.
Capital structure optimization for oil and gas companies.
Enhancing shareholder value through financial strategy.

Performance Measurement and Reporting

Key performance indicators (KPIs) for oil and gas companies.
Balanced scorecard approach for integrating financial and operational metrics.
Best practices in investor relations and stakeholder reporting.
Communicating financial results effectively to boards, regulators, and markets.

Emerging Trends in Oil & Gas Finance and Accounting

The role of sustainability reporting and ESG (Environmental, Social, and Governance) standards.
Digital transformation in oil and gas finance: big data, AI, and blockchain.
Global tax challenges and transfer pricing in multinational operations.
Future outlook for oil and gas finance amid the energy transition.

Through this comprehensive curriculum, participants will build advanced competencies that enable them to navigate the financial complexities of the oil and gas industry. By combining theoretical frameworks with applied practice, the course ensures participants leave with both confidence and capability to excel in high-stakes financial roles.

Advanced Finance & Accounting Strategies in the Oil & Gas Industry Training Course in Doha

Available Dates

Custom Date Selection

Available Cities

Objectives and Target Group

Course Content