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Course in Financial Controlling and Planning Mechanisms in Oil Sector


Summary

Course in financial controlling and planning mechanisms in oil sector tackles practical aspects to control  and account in oil sector.

Financial  controlling and planning mechanisms are an imperious necessity to limit falling oil prices , achieve practical earns in investment of oil sector and provide a vision for successful  production and distribution  depending on management supervised by senior executives and financial managers in domestic and international oil companies.

This contributes quite to reform oil management in concerning countries ,support economic stability and competition for long time ,improve production to establish an industrial base far away oil sector and form industries for exporting and motiving growth.

Oil is liquid formed mainly from hydrocarbon with different-sized molecules formed as a result in high temperature that the remains of animals enriched by carbon. After years, dissolved layers are covered by mud layers, so it is plunged more in crust and kept in hot and compressed layers till turning gradually into huge oil tanks. The oil and gas leak makes naval mammals’ bodies unable to bear air conditions. As well, oil covers Oats and seals and limits their ability to heat insulation and this results in turning or falling of temperature . Hence, it is important  to prevent pollution conditions of oil and gas industry.

The increased environmental contamination generally and the oil contamination particularly constitute a concern for the contemporary society as the problem of environmental damages and its aggravation are hindering the economic development. In addition, the oil is one of the most dangerous and significant sectors that effecting the environment. And it's well known that one gallon of oils leakage in the water can cause contamination of million gallon of water, and it's hard to be controlled. In this regard, it's considered a problem in itself. Therefore, it's necessary to work on providing protection methods in the oil facilities.

Objectives and target group

The British Academy for Training and Development offers this course to the following categories:

  • Seniors ,Control and budget Managers in oil institutions
  • The officers of the oil institution’s aims.
  • Employees in accounting and financing
  • Chemical engineering workers.
  • Petroleum Engineers.
  • The workers in petroleum facilities security.
  • The workers in the environmental control services.
  • The workers of work quality control in the oil facilities.
  • Oil, gas and mining engineers and juniors.

After completing the program, participants will be able to master the following topics:

  • Method of performance financial and administrative control for oil prices at the state level and public and private companies.
  • Basic view of financial and accounting in oil sector.
  • Financial reports of oil industry.
  • Ideal procedures to limit oil price collapse
  • Results of consequences of  oil price collapse for producing and exporting Arab countries.
  • Real financial disclosures in oil sector and in future of global oil prices.

Course Content

  • Financial and accounting foundations
  • Preparing budgets of oil companies.
  • Financial reports and their importance.
  • Reasons for raising and falling oil prices
  • Effects of supply and demand  crude oil
  • Classify crude oil
  • processing crude oil
  • Preparing oil to refine
  • Hydorphobic and hydrophilic terms
  • Oil and gas industry and its importance.
  • Oil leak reasons and methods of prevention.
  • Prevention water pollution.
  • Listing and creating financial statements in work costs in oil buildings and petroleum extraction.
  • Developing accounting skills for costs of petroleum stocks in deposits.
  • Advanced skills of preparing and drafting costs for oil refineries.
  • Creative methods and solutions to decrease general cost for oil extraction and petroleum derivatives.
  • Causes of oil contamination.
  • Resources of oil leaks.
  • The potentials and foundations for the success of protection methods.
  • Reflections of oil price collapse on international economy.

Course Date

2024-07-15

2024-10-14

2025-01-13

2025-04-14

Course Cost

Note / Price varies according to the selected city

Members NO. : 1
£4200 / Member

Members NO. : 2 - 3
£3360 / Member

Members NO. : + 3
£2604 / Member

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