Oil & Gas Accounting & Performance Measurement

Course CodeEN00080

Available Dates & Locations

This course is available in multiple locations and online. Choose the most suitable date and delivery method.

Manama

Dates

Manama

Venue / Hotel

Diplomatic Area 317, Manama | | Bahrain

Duration
1 Week
Price
€4,725
Vienna

Dates

Vienna

Venue / Hotel

-

Duration
1 Week
Price
€6,050
London

Dates

London

Venue / Hotel

82 - 83 Eccleston Square, Pimlico, London SW1V 1PS, UK

Duration
1 Week
Price
€5,775
Lisbon

Dates

Lisbon

Venue / Hotel

-

Duration
1 Week
Price
€6,050
Milan

Dates

Milan

Venue / Hotel

-

Duration
1 Week
Price
€5,775
Rome

Dates

Rome

Venue / Hotel

Piazza Sallustio, 18, 00187 Roma RM, Italy

Duration
1 Week
Price
€6,050
Madrid

Dates

Madrid

Venue / Hotel

-

Duration
1 Week
Price
€5,775
Casablanca

Dates

Casablanca

Venue / Hotel

-

Duration
1 Week
Price
€4,725

Course Overview

Accounting and performance measurement in the oil and gas industry require specialized approaches due to complex operations, high capital investments, and regulatory requirements. Accurate financial reporting and effective performance evaluation are essential for transparency, cost control, and strategic decision-making.

This program, designed by Global Horizon Training Center, equips participants with the knowledge and practical skills required to apply oil and gas accounting principles and measure operational and financial performance effectively.

Course Objectives

By the end of this program, participants will be able to:

  • Understand accounting frameworks specific to the oil and gas industry
  • Differentiate between upstream, midstream, and downstream accounting practices
  • Apply cost allocation and revenue recognition principles
  • Analyze financial statements and performance indicators
  • Measure operational and financial performance using KPIs
  • Evaluate project and asset profitability
  • Ensure compliance with accounting standards (IFRS/GAAP)
  • Support decision-making through financial analysis

Who Should Attend

This program is designed for:

  • Finance and Accounting Professionals in Oil & Gas
  • Cost Control and Budgeting Specialists
  • Financial Analysts and Auditors
  • Project and Asset Managers
  • Business and Planning Professionals
  • Professionals involved in financial reporting and performance evaluation

Course Outline

  • Overview of oil and gas accounting principles
  • Upstream, midstream, and downstream accounting differences
  • Full cost vs. successful efforts methods
  • Revenue recognition and production accounting
  • Regulatory and reporting frameworks