Oil and Gas industry in Indonesia involves many strategic opportunities because of the attractiveness in economics benefit, advance technology appliances , country/ political risk condition. Therefore Oil and Gas industry projects in Indonesia are managed and controlled by the Government based on 1945 constitution of the Republic of Indonesia.
These 4 days workshop is intended to gain more knowledge and understanding focuses mostly on upstream Oil and Gas project, consists of exploration, development and production facilities projects and the related financial report point of view.
The participants will be guided to learn the financial and economics project proposal, the financial reporting system and procedures applied, as stimulated in the Production Sharing Contract in Indonesia. This course is concentrated about investment for Oil and
Gas Projects including the Cash Flow Analysis.
Participant could be people come from various departments in the PSC company, and Pertamina upstream departments employee , geologist, geophysicist, petroleum engineers, economics engineers, controllers, senior and junior staff, finance people, lawyers, auditors, Contractor employee, etc. Everybody within the Oil & Gas company should learn the cash flow profile in Petroleum industry in Indonesia, related with petroleum projects activities.
COURSE METHODOLOGY
The course will be interactive, and participants from various disciplines will be encouraged to participate openly to share views, ideas and experience in developing decision making. Case study methods will be included to stimulate discussions and illustrate concepts of the course.
COURSE OUTLINE
- Project Scope, Schedule & Cost Control Management
- Earn Value Management & Project Performance Management
- Project Costing Based Cost Reduction Strategy
- Total Cost to Estimates of Field Development
- Oil & Gas Perspective of Project Management Process
- Defining Objective of Oil & Gas Project Planning & Development
- Conceptual Estimates & Schedules
- AFE Schedules for Onshore and Offshore Exploration & Exploitation Project, Drilling, Production Facilities and Certain other activities.
- Project Execution Planning
- The Responsibility Matrix
- Project Planning for Field Development Economic
- Project Cash Flow Forecast
- Discounting & Cost of Capital Assessment
- Consideration of Economic Indicators
- Incremental Project Economics Estimation
- Oil & Gas Project Case Study
- Project Controls & Quality Assurance
- Project Time Line
- Project Risk Management, Project Cost Risk, Project Schedule Risk, Project, Technical Risk.
- Managing Business & Engineering Projects
- Dynamic Project Management
- Project Quality Assurance
- Environmental Aspect
- Commissioning & Start-up
- Operate & Evaluate
- Project Close Out
- Question & Answer Session

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