Course dates
By attending this highly interactive and practical 5-day training school you will:
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Gain a better understanding of oil and gas markets and how oil and gas projects are financed.
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Gain a better understanding of the current trends in energy project finance.
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Review the technical evaluations of upstream and downstream projects.
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Understand how the technical issues of energy projects are translated into financial and credit risks.
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Understand the finer aspects of financial modelling by identifying and quantifying the major risks that impact a project’s cash flow generation capabilities.
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Gain a better understanding of credit structuring techniques, so as to effectively mitigate the credit risks of an energy project.
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Review the finer aspects of legal documentation, with legal documentation techniques and tips to help you properly reflect a credit structure in the legal contract.
Featuring 3–individually bookable modules*:
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Upstream development & production
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Mid-stream pipelines & LNG projects
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Downstream oil refineries & petrochemical plants
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Including: 16 key industry case studies to improve your understanding
Course Background & Methodology
The course will enable participants with skills to identify and analyse prospective borrowers, structure credit facilities, and prepare credit applications for formal presentation and approval by bank credit committees. These skills can be used by the origination teams and credit teams of lenders and to support organisations which run or sponsor projects.
Each section will be covered briefly as a module in a traditional class style, and the real learning experience will be found in the exercises within each module. Suggested solutions to each exercise will be provided and discussed. Supporting materials will be available for further in-depth learning.
Who Should Attend
This course is designed for a multidisciplined audience suited to those involved in financing oil and gas projects and will be highly valuable to:
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Investment Banking Directors, Associates and Analysts in the Energy industry
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Finance Directors and Managers of Energy Companies
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Accountants of Energy Companies
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Business Development Directors and Managers of Energy Companies
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Equity Analysts
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Credit Analysts
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Corporate Planners, and Strategists of Energy Firms (such as oil refineries, LNG producers and shippers, oil and gas pipeline companies and oil and gas production companies)
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Financial Managers and Executives of Energy Companies
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Government civil servants, policy makers and bureaucrats for energy projects
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Institutional Investors
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Private Equity Investors
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Lawyers and financial due diligence staff for Energy Project Financings
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Institutional Investors in Energy projects, such as Pension Funds, Hedge Funds and Investment Funds
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Credit Directors, Managers and Analysts, Business Origination Directors, Managers and Analysts of Energy and Project Finance Banks
Case studies include
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Identifying the working capital and capital expenditure financing needs of a petrochemical producer
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Mitigating country risk and lender’s ability to perfect security over collateral, including syndication strategy
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Credit structuring: analyse a transaction and develop an appropriate credit structure to mitigate credit risks
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Credit analysis and preparation of a credit application for a working capital facility for a petrochemical producer
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Develop a financial model for a working capital financing
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Review of excerpts of a draft credit agreement and identifying credit documentation issues, including proposing risk mitigation strategies
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Develop a financial model for LNG financing and assess the strengths and weaknesses of the project
*please email to book a separate module: energy@euromoneytraining.com
Module 1: Upstream Development & Production*
Day 1
Overview of the Oil and Gas Sector; the lending markets; recent developments in lending; overview of the credit process; identifying and mitigating credit risks
Overview of the oil and gas sector
- Brief history of the modern petroleum industry
- Oil: 20th century superpower
- World oil and gas reserves and consumption
- The evolution of Fiscal Terms (e.g. PSC’s, concessions, service agreements etc.) and the emerging dominance of the National Oil Company
The bank lending markets
- Understanding the origins of the established oil & gas lenders and opportunities for new lenders
- Common types of lending: reserve based lending, mezzanine debt, bonds
- Credit risk vs. equity risk
- How debt is used to manage cash flow
- Recent developments in lending
Case study 1: Each team will review an upstream oil and gas company, identify its financing needs and propose an appropriate
financing solution.
Overview of the credit process
- Initial deal review
- Proposal
- Due diligence
- Credit approval
- Term sheet
- Legal documentation
- Deal closing
- Deal monitoring
Case study 2: Each team will prepare an initial deal review of an independent oil & gas company. Findings and recommendations will be presented to the mock credit committee.
Converting Technical Risks into Credit Risks
- What can the financial analyst do before calling a Technical Engineer?
- Reviewing the reserve report
- Assessing the development plan
- Credit risk mitigation strategies
Case Study 3: Each team will review the technical report for an oil field development, identify technical risks and propose credit risk mitigation strategies.
Identifying and Mitigating Risks
- Management and operating & capital strategies
- Development risk, including government approvals
- Reserve risk
- Commodity price risk
- Environmental Risk
- Insurance risk
- Lender’s ability to perfect security over borrowing base assets
- Corporate structure of borrower
Case Study 4: Each team to undertake a credit analysis and prepare a credit application for an oil and gas company, which will be presented to the mock credit committee.
Day 2
Financial Modelling in excel; Credit structuring including covenants and pricing; legally documenting the transaction; High Leverage Situations; Mezzanine debt product; Equity valuation of an upstream oil and gas company – where is the value for investors? Overview of valuation methodologies for upstream oil & gas investments; upstream oil & gas company comparables table.
Modelling in Excel
- Creating an upstream oil & gas projection model
- Earnings vs. cash flow
- Debt amortisation schedule
- Assumptions
- Using derivative products to hedge price risk and enhance debt capacity
- Ratio analysis
Credit structuring
- Security over borrowing base assets and non-borrowing base assets
- Covenants, including cover ratios
- Lending to an operating company vs. special purpose vehicles (SPVs)
Country risk credit considerations
- Assessing the legal environment and political risks, plus risk mitigation strategies
- Syndication strategies in the current credit climate
Case study 5: Selecting a country/region-mitigating country risk and lender’s ability to perfect security over collateral; syndication considerations. Each team will present a credit analysis that will address country risk/political risk and outline a syndication strategy.
Legally documenting the transaction
- Overview of a legal contract
- Perfecting security
- Subordination and inter-creditor agreements
- Project/field agreements
- Identifying credit risks and risk mitigation
Case Study 6: Each team will review excerpts of a draft credit agreement and identity any credit documentation issues and propose risk mitigation strategies.
High leverage situations
- Credit risks: exploration vs. development vs. production
- Senior debt vs. mezzanine debt vs. bonds
- “Stretch” tranches
- Lender issues and risk mitigation
Mezzanine debt product
- Increasing debt capacity: oil price deck; reserve profile; cover ratios; reserve tail requirement
- Pricing
- Warrants
- Syndication considerations
Case Study 7: Each team will review the economics of an oil development project and determine the debt capacity. An appropriate finance package will be recommended by each team.
Overview of Oil & Gas Finance: Downstream Project Finance
- Equity valuation of an upstream oil and company – where is the value for investors?
– Review of an upstream company’s assets and where is the value for investors
– How are the assets valued?
– Qualitative analysis and how it impacts a valuation decision
– Overview of valuation methodologies
– EV/BOE reserves multiple
– EV/daily output multiple
– DCF valuation
Case Study: Initial investment review: Each team will analyse a group of African and international upstream companies and based on their respective investment merits rank them.
Module 2: Mid-stream Pipelines & LNG projects*
Day 3
Overview of global midstream energy markets; overview of the global LNG market and its impact on regional gas markets; Technical Review for a mid-stream project; LNG project: financial modelling in Excel
Overview of global midstream energy markets
- Overview of the business development and credit process - why does country risk matter?
- Global and regional oil and gas production
- Geo-political influence on midstream energy projects, how can this mitigate credit risk?
- Major global oil and gas production projects in development
- Locations of global refining capacity
- Transportation the “lynchpin” in the oil & gas value chain
Overview of the global LNG market
- World/Regional gas consumption
- World/Regional gas production
- Transportation of Gas - how LNG globalised a local commodity
- Growth in LNG investment and the collapse of gas prices – future concerns and opportunities
- Review of LNG projects in development and proposed projects
Credit analysis: LNG project finance
- Quantitative risks and mitigation strategies
- Qualitative risks and mitigation strategies
Case study 8: Credit structuring. Each team will analyse a transaction and develop an appropriate credit structure to mitigate credit risks. Expert feedback will be received.
Technical review for a midstream project
- Why is the technical analysis so important in assessing mid-stream oil and gas projects?
- Reviewing the reserve report of the oil or gas fields that will supply the pipeline or LNG project
- Identifying credit risks and mitigation strategies
Case study 9: Qatar Gas II – Whose risk is it anyway? Each team to undertake a credit analysis of the Qatar Gas II project, with expert feedback provided on candidate responses.
LNG project finance: financial modelling in Excel
- Creating financial models for LNG financing
- Earnings vs. cash flow
- Debt amortisation schedule
- Assumptions
- Ratio analysis
Case study 10: Each team will develop a financial model for a LNG financing and assess the strengths and weaknesses of the project. Each team will present their findings and propose whether to proceed or decline the transaction. Expert feedback will be provided.
Summary and Close
Module 3: Downstream Oil Refineries & Petrochemical Plants*
Day 4
Overview of the Downstream Oil and Gas Sector and the Downstream Oil and Gas Value Chain; Overview of the oil refining process; The Cyclical Nature of the Refining Industry and strategic management considerations; New Refinery and Expansion Projects: Technical and Commercial Considerations; Treasury Management Considerations for Oil Refineries and Financial Modelling;
Overview of the Downstream Oil and Gas Sector and the Downstream Oil and Gas Value Chain
- What does a refiner make from a barrel of oil?
- World Oil and Gas reserves and consumption
- Overview of the Downstream Oil & Gas Value Chain
- Locations of global refining capacity
- Oil and gas demand fundamentals: The Products and Uses of Crude Petroleum
Overview of oil refining processes
- The basic technical layout of an oil refinery
- Crude Distillation Process
- Vacuum Distillation Process
- Coking Process
- Fluidic Catalytic Cracking (FCC) Process
- Hydrofluoric acid (HF) Alkylation Process
- Hydrotreating Process
- Hydrocracking Process
- Catalytic Reforming Process
- Isomerization Process
The Cyclical Nature of the Refining Industry and strategic management considerations
- The economic cycle and the boom, bust nature of the downstream sector; the trend is the Lender’s friend
- The Crack Spread and the Refining Margin
- Calculating the Crack Spread: the 2-2-1 and 3-2-1 methods
- Managing cash flow and the use of credit to purchase feedstock
- Financing the working capital needs of a Refinery
- The three main types of hydrocarbon reservoirs
Case Study: Each team will calculate the refining margin for 2 oil refinery projects and determine the commercial viability of each project.
New Refinery and Expansion Projects: Technical and Commercial Considerations
- What is the Nelson Complexity Index and how is it Calculated?
- Global Top 20 Oil Refineries by Crude Distillation Unit ("CDU") Capacity: Nelson Complexity Index Comparison
- Oil Refineries: Key Risk Considerations
- Estimating the cost of a Refinery Project: Cost Accuracy to completion Risk
- Refinery Competitiveness Analysis
- Competitive Analysis: Oil Refinery Size
- Competitive Analysis: The Nelson Complexity Rating
- Competitive Analysis: Residue Conversion Capacity
- Competitive Analysis: The FCC Equivalent Ratio
- Competitive Analysis: Location, Location, Location
Treasury Management Considerations for Oil Refineries and Financial Modelling
- Creating a financial model for an oil refinery expansion project
- Earnings vs. cash flow
- Debt amortisation schedule
- Oil Refinery model assumption: Capital Expenditure (CAPEX) Profile
- Oil Refinery model assumption: Product Handling Charges & Wharfage
- Oil Refinery model assumption: Power Charges
- Oil Refinery model assumption: Capacity Ramp Up
- Oil Refinery model assumption: Working Capital Assumptions
- Oil Refinery model assumption: identifying Project Risks and mitigation strategies
- Ratio analysis
Day 5
The bank lending markets, including project finance and working capital facilities; Overview of a downstream oil and gas project financing, including a review of recent trends. Equity valuation of an oil refinery – where is the value for investors? Overview of valuation methodologies for oil refinery investments; oil refinery company comparables table.
The bank lending markets
- Project finance vs. balance sheet lending
- Working capital facilities and asset based lending
- Credit risk vs. equity risk
- Recent developments in lending
Country risk credit considerations
- Assessing the legal environment and political risks, plus risk mitigation strategies
- Syndication strategies in the current credit climate
Overview of a downstream oil and gas project financing
- Typical project finance structures
- When is a project finance structure the preferred choice?
Understanding the objectives of parties involved in the project financing:
- Sponsor / Borrower
- EPC contractors
- Government agencies
- Lender
- Institutional investors
- Review of recent down-stream oil and gas project financings
- Credit risk mitigation strategies in project financing
Case study: Selecting a country/region: mitigating country risk and lender’s ability to perfect security over collateral; syndication considerations. Each team will present a credit analysis that will address country risk/political risk and outline a syndication strategy. Expert feedback provided.
Equity valuation of an oil refinery – where the value is for investors?
- Review of an oil refinery’s assets and where is the value for investors
- How are oil refinery assets valued?
- Qualitative analysis of an oil refinery and how it impacts a valuation decision
Overview of oil refinery valuation methodologies
- Comparison to recent comparable transactions: implied transaction value per equivalent distillation capacity
- Replacement cost
- EV/EBIT
- The merits of a DCF valuation
Oil refineries comparables table
- Comparable valuation table: a good way to assess the value of your prospective investment
- Equity valuation of an oil refinery – where the value is for investors?
- Review of an oil refinery’s assets and where is the value for investors
Case Study: Initial investment review: Each team will review a group of international oil refineries and based on their respective investment merits rank them.
Summary and Close
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The trainer has over 20 years banking experience in the oil and gas sector. He has an Honours BA degree from University of Toronto. He qualified as a Chartered Accountant at KPMG in Canada and Ireland before moving into Banking, where he has held key positions at BMO Nesbitt Burns, GMAC Commercial Finance, West LB and Bank of Scotland.
The trainer's assignments have included providing finance or acting as financial advisor to: ExxonMobil in Nigeria, Essar Global, and Qatar Gas II and Qatar Gas IV LNG projects. The trainer now works as an independent consultant and advises banks and industry on energy issues.
Courses run by this instructor
Central London Hotel (energy), London, UK
All Euromoney Energy Training courses are held at four or five star venues in Central London, Zone 1. We strive to provide you with a training environment of the highest quality, to ensure that the whole learning experience exceeds your expectations.
Your training venue will be confirmed by one of our course administrators approximately 3-4 weeks before the course start date.
Interested in holding this course in-house? Please fill out your details and a member of our team will be in touch with more information.
25-28 Jun 2013 (London, UK)
10-13 Dec 2013 (London, UK)
17-20 Jun 2014 (London, UK)
This Euromoney Energy Training course examines markets, pricing and products to provide you with a thorough overview of the sector. The course will explore mechanisms and tools for both physical and financial oil trading allowing unparalleled access to the world of trading, its role within the oil industry and its importance in the success of oil companies. You will leave this course with a thorough understanding of the workings of crude oil markets and the range of contracts, tools and techniques available to traders.
27-29 Nov 2013 (London, UK)
18-20 Jun 2014 (London, UK)
26-28 Nov 2014 (London, UK)
This Euromoney Energy Training course examines the roles of benchmarking and performance monitoring through key performance indicators and the analysis of business models.
16-19 Dec 2013 (London, UK)
This Petroleum Company Performance Management training course has been designed to offer personnel from corporations and financial institutions a full complement of tools to use most effectively in developing and analysing the corporate performance measures for oil and gas companies.
16-19 Sep 2013 (London, UK)
7-10 Apr 2014 (London, UK)
15-18 Sep 2014 (London, UK)
The Commercial and Trading Aspects of Oil Refining course will provide you with in-depth knowledge of the refining business and an understanding of how trading/hedging can improve margins and reduce risk. Discover how to optimise refinery margins and manage the profitability of commercial refining.
19-23 Aug 2013 (London, UK)
11-15 Aug 2014 (London, UK)
This Euromoney Energy Training course provides a comprehensive overview of the oil and gas industry from upstream exploration and production to downstream refining, sales and marketing. You will gain an appreciation of industry dynamics and the key issues affecting its development and future. This course will provide a thorough foundation for understanding the changing industry dynamics.
7-9 May 2014 (London, UK)
This course will investigate the mechanisms for trading physical oil, freight, shipping and derivatives to optimise margins and achieve profit targets. The interdependence between oil markets and ship chartering will be extensively explored, revealing links to the derivative markets and the use of trading tools.
16-18 Oct 2013 (London, UK)
12-14 Feb 2014 (London, UK)
15-17 Oct 2014 (London, UK)
This Euromoney Energy Training course provides a comprehensive overview of the oil and gas industry from upstream exploration and production to downstream refining, sales and marketing. Under the guidance of our expert course faculty, participants will gain an appreciation of industry dynamics and the key issues affecting its development and future.
10-12 Jul 2013 (Paris, France)
This 3-day Euromoney Energy Training course will give you an in-depth understanding of the problems and solutions in unit formation, negotiation of participation factors and operating agreements. The role of governmental agencies in consent and oversight will also be discussed.
26-29 Aug 2013 (New York, United States)
This 4 day International Oil & Gas Contracts course is specifically designed for professionals involved internationally in the oil and gas industry, it offers a unique opportunity to rapidly increase your understanding of the legal issues involved in various UK and international scenarios and to improve your techniques and skills in drafting a variety of international contracts.
24-27 Jun 2013 (London, UK)
9-12 Dec 2013 (London, UK)
This practical Euromoney Energy Training course will enable delegates from all technical and commercial disciplines to understand the theories and methods used to value oil and gas projects. The four-days will reveal the fundamental aspects of upstream petroleum economics and risk analysis. Through computer-based exercises, participants will construct economic models, incorporating relevant cash flow data for case study projects and scenarios.
8-10 Oct 2013 (Singapore)
This course explores the structure and mechanisms of production sharing contracts (PSC's) for upstream oil and gas projects. Studying the underlying processes and commercial drivers, participants will examine case studies to illustrate the economic structure of these complex agreements.
2-4 Dec 2013 (London, UK)
14-16 May 2014 (London, UK)
3-5 Dec 2014 (London, UK)
Euromoney Energy Trainings Petroleum Sales Contracts course is designed to give attendees a comprehensive understanding of crude oil, natural gas and refined products markets and the sales contracts that are utilised for transactions through the supply chain.
17-19 Sep 2013 (London, UK)
This course explores the structure and mechanisms of production sharing contracts (PSC’s) for upstream oil and gas projects. Studying the underlying processes and commercial drivers, participants will examine case studies to illustrate the economic structure of these complex agreements.
14-16 Oct 2013 (London, UK)
This 3 day Upstream Oil and Gas Acquisition and Divestment course will explain how upstream oil and gas assets are traded from both buyer and seller perspectives.
The course includes references to failed and successful deals and provides valuable insight into how to conclude successful transactions.
The principles of Licensing Rounds, Farm In and Farm Out processes are explored as well as key industry processes underpinning these transactions. It includes assessment of case studies, and an element of group work based on an “acquisition and divestment opportunity” where buyers and sellers meet to consider an opportunity and to “close a deal”.
18-21 Nov 2013 (Singapore)
People coming to energy risk management for the first time are taken aback by the extreme market conditions that are commonplace in the complex markets of oil, coal, and above all, gas and electricity. Levels of volatility and basis risk are unprecedented: and there are additional risks that are unique to energy. This course shows delegates how to deploy traditional risk management tools in the challenging context of volatile energy markets, and to extend these techniques to master the unique risk characteristics of gas and electricity.
18-20 Sep 2013 (London, UK)
19-21 Mar 2014 (London, UK)
17-19 Sep 2014 (London, UK)
This 3 day course concentrates on a review and analysis of energy trends over the next 20 years. While predicting future energy trends can be fraught with uncertainties, attention is given to reviewing and analysing a variety of key market drivers, applying sensitivities and discussing probable outcomes.
13-15 Nov 2013 (Singapore)
9-12 Dec 2013 (London, UK)
For operator drilling contractor and service company personnel that desire a specialised familiarisation, understanding and comprehension of Deepwater Drilling Operations, equipment, processes, systems and activities.
5-7 Jun 2013 (London, UK)
4-6 Jun 2014 (London, UK)
This 3-day course is designed to give attendees a comprehensive understanding of
crude oil markets, their valuation and pricing. Trades have evolved significantly over the past 40 years and reflect the major changes that include market liberalisation and globalisation. Commodity, Commodity Trading, Commodity Pricing, Crude Oil Pricing, Crude Oil Valuation.
26-29 May 2013 (Dubai, United Arab Emirates)
This 4-day training course will enhance your understanding of the legal issues involved in production sharing contracts and to improve your negotiation techniques.
2-5 Sep 2013 (London, UK)
This course illustrates the critical role drilling provides in the expanding offshore oil and gas sector. Offshore drilling hardware, technologies, rig equipment and systems components are explained in the context of offshore exploration, appraisal and development drilling.
28 Oct 2013 - 6 Nov 2013 (Hong Kong)
This course will enable participants with skills to identify and analyse prospective borrowers, structure credit facilities, and prepare credit applications for formal presentation and approval by bank credit committees. These skills can be used by the origination teams and credit teams of lenders and to support organisations which run or sponsor projects.
16-20 Sep 2013 (London, UK)
This 5-day course is designed to introduce both lawyers and nonlawyers alike to the theories and practice of international commercial and investment arbitration in the oil & gas industry.
9-12 Dec 2013 (London, UK)
This four day training course is specifically designed for professionals involved internationally in the oil and gas industry, it offers a unique opportunity to rapidly increase your understanding of the legal issues involved in various
international scenarios and to improve your techniques and skills in drafting, reviewing, and executing a variety of
international contracts.
2-5 Dec 2013 (London, UK)
This 4-day course will equip delegates with a critical understanding of why and how the law with respect to upstream and downstream oil and gas operations is rapidly changing, in view of the increasing importance of environmental and sustainable development issues.
21-24 Oct 2013 (London, UK)
14-17 Apr 2014 (London, UK)
Four-day workshop that comprises reviewing, analysing and discussing the key elements of joint venture agreements and alliances, business relationships and their operational implementation.
15-17 Jul 2013 (London, UK)
This 3-day course is designed to introduce both lawyers and nonlawyers alike to the understanding of how to arrange and manage EPC contracts and how to avoid and manage disputes.
15-18 Jul 2013 (London, UK)
4-7 Nov 2013 (London, UK)
7-10 Jul 2014 (London, UK)
3-6 Nov 2014 (London, UK)
4 days of course modules that focus on the review and examination of the key elements of the supply chain from upstream activities of exploration, development and production through transportation to downstream sector that involves trading, refining, petrochemicals and final distribution to the consuming markets.
22-25 Sep 2013 (Riyadh, Saudi Arabia)
This practical Euromoney Energy Training course will enable delegates from all technical and commercial disciplines to understand the theories and methods used to value oil and gas projects. The four-days will reveal the fundamental aspects of upstream petroleum economics and risk analysis. Through computer-based exercises, participants will construct economic models, incorporating relevant cash flow data for case study projects and scenarios.
11-13 Nov 2013 (Doha, Qatar)
This 3-day course is designed to introduce both lawyers and nonlawyers alike to the understanding of how to arrange and manage EPC contracts and how to avoid and manage disputes.
25-26 Nov 2013 (Kuala Lumpur, Malaysia)
This 2-day course is designed to introduce both lawyers and non-lawyers alike to the understanding of how Procurement Strategy for the Oil & Gas Industry actually works. This course is delivered by combining a substantive legal understanding together with a practitioner's perspective.
17-20 Jun 2013 (London, UK)
This 4 day International Oil & Gas Contracts course is specifically designed for professionals involved internationally in the oil and gas industry, it offers a unique opportunity to rapidly increase your understanding of the legal issues involved in various UK and international scenarios and to improve your techniques and skills in drafting a variety of international contracts.
9-12 Sep 2013 (Singapore)
This 4-day course is designed to introduce both lawyers and non-lawyers alike to the understanding of how Procurement Strategy for the Oil & Gas Industry actually works. This course is delivered by combining a substantive legal understanding together with a practitioner's perspective.
Objectives
The objectives of the conference will be to
provide a practical understanding
• Provide an understanding of the tendering and contracting process
• Provide an understanding of techniques to avoid collusion or corruption during the tendering process
• Develop an understanding of ways to select bidders
• Show how to develop Invitations to Tender, and how to manage the tendering process
• Understand and manage the negotiation process
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Who should attend
• Tender or Bidding Managers
• Contract Administrators
• Contracting Unit Supervisors
• Project Engineers and Project Managers
• Business Audit Officers
• Contract Strategists
• General Managers involved in developing contracts or contract negotiation
18-28 Jun 2013 (London, UK)
An 8-day comprehensive, intense and practical programme covering the range of Project Finance structures used to finance Energy Assets and Energy Projects worldwide.
15-26 Jul 2013 (London, UK)
- Understand the principals of project management practice
- Learn about programme management
- Understand the complexities of running large projects,
- Apply relevant project and programme management practice in the workplace
- Understand modern international procurement practices
21-24 Dec 2013 (Riyadh, Saudi Arabia)
This 4 day International Oil & Gas Contracts course is specifically designed for professionals involved internationally in the oil and gas industry, it offers a unique opportunity to rapidly increase your understanding of the legal issues involved in various UK and international scenarios and to improve your techniques and skills in drafting a variety of international contracts.
24-27 Jun 2013 (London, UK)
The Energy Risk Management: Mastering Volatile and Complex Markets course is a comprehensive and systematic introduction to risk management for complex energy markets. The course will detail why and how risks in energy – particularly gas and electricity - are more acute than in other traded market sectors, and how classic risk management techniques must be adapted and extended to meet these demanding conditions.
3-5 Jun 2013 (London, UK)
This course will give you an in-depth introduction to petroleum refining technology and economics. The focus is on transportation fuels refineries, however, petrochemical production and biofuels are also discussed. The first part of the program includes an
overview of crude oil supply and petroleum product demand. This is followed with a description of refinery process technology. Key refining technologies are described such as crude oil distillation, heavy oil conversion options, hydrotreating, and catalytic reforming.
16-18 Sep 2013 (London, UK)
18-20 Nov 2013 (Singapore)
This course will give you an in-depth introduction to petroleum refining technology and economics. The focus is on transportation fuels refineries, however, petrochemical production and biofuels are also discussed. The first part of the program includes an
overview of crude oil supply and petroleum product demand. This is followed with a description of refinery process technology. Key refining technologies are described such as crude oil distillation, heavy oil conversion options, hydrotreating, and catalytic reforming.
23-26 Sep 2013 (Rio de Janeiro, Brazil)
This 4-day training course will enhance your understanding of the legal issues involved in production sharing contracts and to improve your negotiation techniques.
3-5 Jun 2013 (New York, United States)
This Petroleum Company Performance Management training course has been designed to offer personnel from corporations and financial institutions a full complement of tools to use most effectively in developing and analysing the corporate performance measures for oil and gas companies.
5-8 Nov 2013 (Dubai, United Arab Emirates)
This is a practical & interactive course with the aim of developing a clear & critical understanding of the wider macroeconomics of business, including topical economic developments and policy decisions spanning a range of countries of interest to participants.
18-22 Nov 2013 (Accra, Ghana)
Attend Euromoney Energy Training's 5-day training course on Upstream Economics & Fiscal Modelling School featuring two modules:
1. Upstream Petroleum Economics & Risk Analysis
2. Economic Aspects of Production Saring Contracts
11-14 Jun 2013 (Paris, France)
This is a practical & interactive course with the aim of developing a clear & critical understanding of the wider macroeconomics of business, including topical economic developments and policy decisions spanning a range of countries of interest to participants.
11-21 Nov 2013 (Hong Kong)
An 8-day comprehensive, intense and practical programme covering the range of Project Finance structures used to finance Energy Assets and Energy Projects worldwide.
2-4 Dec 2013 (Dubai, United Arab Emirates)
This 3-Day accelerated course offers a wide array of tools and techniques to fully understand and effectively manage the Supply Chain Value of the Oil and Gas industry. This course is designed to suite the wide background of delegates.
23 Sep 2013 - 3 Oct 2013 (Johannesburg, South Africa)
An 9-day comprehensive, intense and practical programme covering the range of Project Finance structures used to finance Mining Assets and Mining Projects worldwide.
21-24 Oct 2013 (London, UK)
This 4-day training course will enhance your understanding of the legal issues involved in production sharing contracts and to improve your negotiation techniques.
28-31 Oct 2013 (Mumbai, India)
This 4-day training course will enhance your understanding of the legal issues involved in production sharing contracts and to improve your negotiation techniques.
11-21 Nov 2013 (Hong Kong)
An 9-day comprehensive, intense and practical programme covering the range of Project Finance structures used to finance Mining Assets and Mining Projects worldwide.
Course dates