Course description
Oil & Gas Project Finance - 3 day training course in London - with IFF Energy
This intensive 3-day programme in Oil & Gas Finance offers delegates the opportunity to insight and practical skills in this dynamic industry. A synthesis of formal seminars and collaborative exercises will provide delegates with a solid understanding of qualitative and quantitative risk analysis in oil & gas as well as the following:
- The mechanics of upstream oil and gas financing
- Understanding the complexities of refinery finance
- Oil and gas transmission and distribution lending
- LNG project finance strategies
- Petchem and gas-to-liquids financing
COVID-19 Update
This provider offers an online version of their classroom courses
Who should attend?
This intensive training programme is ideally suited to professionals wishing to gain better understanding of financing within the oil & gas industry as well as practical tools and techniques for dealing with quantitative and qualitative risk.
Training content
This 3-day Oil & Gas Project Finance training course is designed to cover the following key areas:
Industry Overview/Qualitative & Quantitative Risk Analysis:
- Structure of the international petroleum industry
- Different risk/reward objectives of sponsors and lenders
- Structural & pricing drivers in oil & gas lending
- Quantitative risk analysis
Understanding Upstream Oil & Gas Financing:
- Reservoirs & reserves – a technical grounding
- Field development finance in the early days of the north sea
- Growth of the independent sector
- Emergence of the borrowing base as the tool of choice
- European and North American borrowing bases
- Structural features of the European borrowing base, especially
- The “War Stories” in north sea single-field finance – examination of the deals that failed
- Recent trends in north sea finance
Getting to Grips with Refinery Finance:
- Refinery operations – from topping refineries to complex crackers
- Greenfield or expansion financing?
- Cash flow volatility – the key risk for lenders
- Operational mitigation of volatility risk
- Debt structuring to mitigate lender risk
- Refinery market analysis for lenders
- “Where has it gone wrong?” – a somewhat chequered history
Oil & Gas Transmission & Distribution Lending:
- Trunk pipelines and distribution networks – very different animals
- Oil and gas transmission pipelines – high fixed cost/multi-partner undertakings
- Gas storage & distribution finance
Liquefied Natural Gas Finance:
- The growth of the LNG debt market
- LNG liquefaction finance
- LNG regas finance
- LNG ship finance
- Recent trends
Other Downstream Finance – Petchem and Gas-to-Liquids:
- The Petchem “flowchart” – from gas/naphtha-based feedstocks to end-products
- The Middle-Eastern petrochemical wave – adding value to domestic gas resources
- Gas-to-Liquids – financing clean diesel projects
About IFF
International Faculty of Finance - IFF Finance & IFE Energy - Specialist Training Courses
As one of the world's leading specialist financial training organisations, The International Faculty of Finance, provides participants in the global financial markets with intensive technical training programmes designed to help them succeed on the global stage. Established in 1991 we...
