Oil & Gas Finance

Oil and Gas Integrated Joint Venture (IJV) Funding Workshop- OGF 8003

07 Nov 22-11 Nov 22 (Kigali, Rwanda ), 01 Aug 22-05 Aug 22 (Dubai, UAE), 06 Jun 22-10 Mar 22 (London, UK),

Course Overview

The workshop is designed to develop a focused strategy and plan, with total clarity, of what needs to be done for an effective management of cash calls. The result is a personal and practical action plan that will support you through the process.

There are many challenges and opportunities ahead and this workshop will prepare leaders with a clear strategy for the way forward.

This workshop will provide delegates with:

  • Necessary skills to manage joint venture cash calls, and
  • How to request cash payments from partner’s future venture operations.
  • How to calculate partner’s shares for venture expenses and revenue, monitor partner’s cash calls and receivables.
  • How to calculate different types of overheads as agreed in the joint operating agreement, and
  • How to manage exchange rate exposures.

 

Learning Outcome

Learn best practice strategies and tactics for joint operating agreement, joint venture accounting and cash calls. Also acquaint yourself with the recent developments in the oil and gas industry. It is a practical based training allowing participants the opportunity to acquire hands-on experience.

 

Indicative Contents

1. Introduction

  • What is a Joint Venture?
  • Joint Operating Agreement.

2. Budgeting & Budgetary Control

  • Budget Approval Process
  • Project Control and Coordination
  • Project Performance Reporting
  • Real time project status

3. Cash Flow Management & Funding

  • Cash Calls & cashcalling process
  • Time value of Money- borrow or not
  • Expenditure Performance Reporting
  • Currency Exposure Management

4. Structuring for a funding Gap

  • Carry agreement (CA)
  •  Alternative funding (AF)
  • External funding (EF)
  • Self-funding mechanism
  • Special purpose vehicle approach

5. Joint Venture Accounting & Partners Billing

  • Financial reporting
  • Working capital and cashcall impact

More Detail
Duration This is a one-week programme spread over 5 working days.
Certification A certificate of completion is granted on successful completion of the programme.
Location (Kigali, Rwanda ), (Dubai, UAE), (London, UK)
Travel and accommodation Travel and accommodation to be paid for at source by delegates.
Fees £4,250 (Excl. VAT). per delegate for 1 week,