PSC Budgeting & Reporting

PSC Budgeting & Reporting

PSC Budgeting & Reporting

This course is designed to give participants understanding and better picture as to how the PSC (Production Sharing Contract) for Petroleum (oil&gas) industry applied in Indonesia. A budgeting process and control is more than a row of numbers. It is a tool for establishing priorities of action, determining program content, and exercising control of operations. This workshop focuses on budgeting process and control from a company and departmental viewpoint, operating as a cost center, and using the information for budgetary decision making and establishing the a control.

OBJECTIVE COURSE :

• How to construct an oil & gas budget, process and control to maintain the best performance of the company.
• How to develop capital budgets and allocate capital
• Learn about financing alternatives available to oil and gas companies
• How to develop the company’s cost of capital
• What are the various financial issues associated with oil & gas project development, execution and operations.

MATERI TRAINING

PRODUCTION SHARING CONTRACT AN UPDATE

• Overview of Business Process of Oil and Gas Industry
• PSC Term and Conditions : Current and prospect
• Introduction to PSC and Cost Recovery Mechanism

BUDGET IN OIL & GAS COMPANY

• Capital Expenditures ( Exploratory wells, Development wells, Development Facilities,Facilities,Warehouse stock)
• Operating Expenditures ( Department Cost Centers, Special well repairs,Abandonment & Site restoration, Insurance,
• Administrative Overhead)

OIL & GAS ACCOUNTING AND FINANCIAL REPORTING OPERATIONS

• Oil & Gas (E& P) and Cost Classification, Ascertainment, & Treatment of Costs
• Accounting Principles (including Accounting Methods) & Financial Policies in Relation to O&G Upstream Operations
• E & P Operations Funding Arrangements & Accounting Implications
• Oil & Gas Revenue Accounting
• Work Program & Budgeting (WP&B)
• Authorization for Expenditure (AFE)
• Accounting Reports
• Accounting Implications of Carried Interests and Reporting Processes

BUDGETARY CONTROL

• Financial Planning & Budgets
• Operated vs. Non-Operated Budgets
• Budgets Analysis
• Budgetary Control (including variance analysis, project cost control, production cost reporting & control)

METODE TRAINING

1. Presentation
2. Discuss
3. Case Study
4. Evaluation
5. Pre-Test & Post-Test
6. Games

JADWAL TRAINING CVDIOR TAHUN 2024 :

16 -17 Januari 2024
13 – 14 Februari 2024
5 – 6 Maret 2024
24 – 25 April 2024
21 – 22 Mei 2024
11 – 12 Juni 2024
16 – 17 Juli 2024
20 – 21 Agustus 2024
17 – 18 September 2024
8 – 9 Oktober 2024
12 – 13 November 2024
17 – 18 Desember 2024

Jadwal training diatas dapat berubah sewaktu-waktu. Untuk memastikan jadwal pelatihan fix running di tahun ini silahkan konfirmasi jadwal dan lokasinya melalui whatsapp marketing kami

LOKASI DAN INVESTASI

Lokasi Pelatihan Fix Running di Indonesia:

• Bandung, Hotel Neo Dipatiukur(6.500.000 IDR / participant)
• Bali, Hotel Ibis Kuta (7.500.000 IDR / participant)
• Lombok, Hotel Jayakarta (7.500.000 IDR / participant)
• Yogyakarta, Hotel Dafam Fortuna Grande Malioboro (6.000.000 IDR / participant)
• Jakarta, Hotel Amaris Kemang (6.500.000 IDR / participant)

LOKASI DAN INVESTASI

Investasi Pelatihan tahun 2024 ini :

Investasi pelatihan selama tiga hari tersebut menyesuaikan dengan jumlah peserta (on call). *Please feel free to contact us.

Apabila perusahaan membutuhkan paket in house training, anggaran investasi pelatihan dapat menyesuaikan dengan anggaran perusahaan.

FASILITAS PELATIHAN :

• Sertifikat dan dokumentasi
• Bag or bagpackers (Tas Training)
• Training Kit (Blocknote, ATK, etc)
• 2x Coffee Break & 1 Lunch, Dinner
• Souvenir Exclusive
• Airport pickup service (Gratis Antar jemput Hotel/Bandara Khusus Bali dan Bandung)
• Akomodasi Peserta ke tempat pelatihan .
• Module / Handout Softcopy ataupun Hardcopy
• Flashdisk atau Link Download Material

Jadwal Pelatihan masih dapat berubah, mohon untuk tidak booking transportasi dan akomodasi sebelum mendapat konfirmasi dari Marketing kami. Segala kerugian yang disebabkan oleh miskomunikasi jadwal tidak mendapatkan kompensasi apapun dari kami.