Oil and Gas Integrated Joint Venture (IJV) Funding Workshop-OG 8014

6th - 17th August 2018 (London, UK) 8th - 19th October 2018 (London, UK) 10th - 21st December 2018 (London, UK)

Course Overview

The workshop is designed to develop a focused strategy and plan, with total clarity, of what needs to
be done to make this happen. The end 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.
 To calculate partner’s shares for venture expenses and revenue, monitor partner’s cash calls
and receivables.
 To calculate different types of overheads as agreed in the joint operating agreement, and
 To manage exchange rate exposures.

Learning Outcome

Learn best practice strategies and tactics for joint operating agreement, joint venture accounting and
cash calls. It is a practical based training allowing participants the opportunity to acquire hands-on

Indicative Contents

1. Introduction
o What is a Joint Venture?
o Joint Operating Agreement.
2. Budgeting & Budgetary Control
o Budget Approval Process
o Project Control and Coordination
o Project Performance Reporting
o Real time project status
3. Cash Flow Management & Funding
o Cash Calls & cashcalling process
o Time value of Money- borrow or not
o Expenditure Performance Reporting
o Currency Exposure Management
4. Structuring for a funding Gap
o Carry agreement (CA)
o Alternative funding (AF)
o External funding (EF)
o Self-funding mechanism
o Special purpose vehicle approach
5. Joint Venture Accounting & Partners Billing
o Financial reporting
o Working capital and cashcall impact
More Detail
Duration 10 working days
Certification A certificate of completion is granted on successful completion of the programme.
Location London-UK
Travel and accommodation Travel and accommodation to be paid for at source by delegates
Fees Course fees for tuition, materials and certification: £4,750 (Excl.VAT) per delegate for 2 weeks.
Zenith Professional Training