Petroleum Revenue Generation, Treasury and Funds Management in the Oil and Gas Sector

Participants will learn how to manage their treasury and funds management for efficient operations in the sector.

Content

Revenue Management

Oil and Gas Exploration and Production contract types (fiscal regimes)

• Joint venture (JV)
• Product Sharing Contract (PSC)
• Royalty, Petroleum Profit Tax, Petroleum Revenue Tax
• Investment TAX allowances
• Tax evasion (Incentive and Penalty Calculations)
• Taxation under JV vs. PSC and Service Contract Taxation
• Taxation and Intergovernmental Relationships in Oil and Gas Sector
• Government Budget Strategy and Revenue Generation from Oil and Gas Production
• Management of fiscal and Monetary Policy in respect of Revenue Generation
• The Relationship between Petroleum Revenue and the Macro Economy
• Charging the Right Economic Rent on Natural Resources: Factors influencing

Treasury Management

• Treasury and funds management in the oil and gas industry
• Preview of regulatory authorities
• Cash handling techniques and strategies
• Banking operations management
• Money market operations
• Capital market operations.
• Basic investment management methods
• Appraisal of various available investment instruments
• Cash budgeting techniques
• Cash flow and liquidity management
• Risk evaluation and management of investments
• Sensitivity analysis
• The liquidity/profitability/safety tangle in investment management

For Whom:

Accountants, Auditors, Treasurers, Budget Officers, Investment Managers, and others who perform related functions in the Oil and Gas Sector.

Training Methodology

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.