Training On Financing Natural Resources: Oil, Gas And Mining Projects

Oil, Gas and Mining Projects involve substantial capital investment, long lead times and carry significant risk. Their success is often critical, not only to the companies involved but also to the Government. As a result, this course plays a vital role by improving the performance of those involved in managing and contributing to such projects.

This training course will provide delegates with the essential skills to evaluate financial decisions, recommend appropriate sources of finance and to manage financial risks, including volatile oil prices, gas prices and mineral price.

These skills will be developed through the analysis of Finance Case Studies relevant to your organisation.

Duration            5 Days

Target Audience

This training course is suitable to a wide range of professionals from the Oil, Gas and Mining sector but will greatly benefit the following individuals:

• Engineers
• Projects & Process Managers
• Technical Managers, Team Leaders & Line Managers
• Finance Managers & Professionals
• Professional at all levels involved in Projects.

Objectives

At the end of the course, the participants will be able to:

• Outline the specific nature and financial implications of Oil, Gas and Mining Projects
• Recommend methods of financing Oil, Gas and Mining Projects
• Calculate the costs of finance.
• Undertake Financial Evaluation of Projects to determine their Financial & Economic Viability and sustainability.
• Recommend ways to improve the financial position of the company.

Course Outline

Day One: Oil, Gas and Mining Projects

• Oil, Gas & Mineral Resources and Reserves
• The Specific Nature of Oil, Gas and Mining Projects
• Financial Implication of Oil, Gas and Mining Projects
• Market Volatility: Oil, Gas & Mineral Prices
• Strategic Issues facing the sector.
• Financing Natural Resource Projects and a Diverse Strategy

 Day Two: Financing the Project

• The Major Sources of Long Term and Short-Term Finance
• Equity & Debt Financing
• Recourse & Non-recourse Finance
• Project Finance
• Special Purpose Vehicle (SPV) & Parties to Project Finance Schemes
• Bonds; Guarantees and Letters of Credit

Day Three: Oil, Gas and Mining Project Appraisal & Analysis

• Selecting Projects to meet Organisational Objectives
• Forecasting Oil, Gas & Mining Cashflows (Income & Costs)
• Identifying Risks from the Projected Cashflow
• Calculating the Cost of Finance – WACC, CAPM & Arbitrage Pricing
• Capital Investment Appraisal Techniques - Payback; ARR, NPV, IRR etc.
• Financial Appraisal using Spreadsheet Skills

Day Four: Project & Financial Risk Management

• Identifying Risk: Technical, Logistical, Environmental, Economic and Financial
• Financial Risk Management & Derivatives
• Sensitivity Analysis & Monte Carlo Simulation Analysis
• Evaluating the Risks & Uncertainties – Their Probability & Impact
• Managing Oil Prices, Gas Prices and Mineral Prices
• Derivative Markets

Day Five: Financial Evaluation of Oil, Gas and Mining Projects

• Meeting Government & Organisational Objectives
• Evaluating Financial Performance
• Return on Equity ROE; Debt Service Coverage Ratios (DSCRs) and Value for Money (VfM)
• Economic NPV & Economic Value Added
• Cost–Benefit Analysis – Finance V Economic Value Added
• Meeting Future Needs

Certification

• Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

Training Venue

• Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

Airport Pick Up and Accommodation

• Airport pick up and accommodation is arranged upon request.

Terms Of Payment

• Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent via email.