8 – 11 Mar 2011 | Surabaya

14 – 17 Jun 2011 | Yogyakarta

22 – 25 Nov 2011 | Yogyakarta

Course Overview

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 Objective

The benefit  after completing this course the participant will have an applied knowledge & skills of  “ Up stream Project Management “ especially for Oil & Gas industry “.

Who Should Attends?

• Project Manager
• Project Engineer
• Project Specialist
• Operation & Formalities Officer
• Financial Controller
• Field Accountant
• Sr. Field Engineer
• Procurement
• Material & Logistic
• Financial Analyst
• Petroleum Engineer
• Exploration & Exploitation Engineer
• Supporting Engineer
• Senior Planners
• Everybody who get benefit for attending this course

Course Content

• 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

Course Leaders

E.R. Suwatidjah