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TheInternationalOil&Gas
Executive DevelopmentProgram
Essential Business Management Skills for Oil & Gas Professionals
For further information please visit www.oilgas-executive-development.com
or call us at: +65 6741 9749 | email: info@asiaedge.net
petroEDGE
Fuel Your Talent
Another world class program by:
Photo © StatoilHydro
7th Run
IOGEDP
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THE INTERNATIONAL OIL & GAS EXECUTIVE
DEVELOPMENT PROGRAM TESTIMONIALS
TESTIMONIALS FROM THE DELEGATES OF OUR PAST EVENTS
“Excellent , Very interesting & practical training in the field at people Skill as wells financial that are relevant current industry
(E&P, Oil & Gas)” - Head of UAE Gas, Mubadala Petroleum
“Great course for those aspire Oil & Gas Industry Business leaders cover Investment decision analysis M&A Organisation.”
- Engineering Manager, Petrofac (M) Limited
“Well prepare & present” - Admin & Finance Manager, Johindah Malim Sdn Bhd
“Yes. A good holistic course covering required skills for executive career development and great networking”
- Maintenance Projects Contracting & Procurement Lead, Sarawak Shell Berhad
“Superb teachers and a wide variety of interesting topics definitely raised my skill levels in the area of finance and leadership”
- Drilling Manager, Wintershall Middle East
“Reveal most unseen in my current role which will be a guidance in future” - AIP Manager, Petrofac (M) Limited
“The course was beneficial for me and a lot to me, both instructors well knowledgeable and delivered the course in
professional manner” - VP Production, Mubadala Petroleum (Thailand)
“Very comprehensive course taught by very experienced personal from the oil & gas industry”
- Vice President, Malaysia Petroleum Resource Corporation
“I would recommend this course to executive level and above. I’ve learnt a lot from the facilitators. Learning is priceless”
- Project Coordination Executive, JX Nippon Oil & Gas Exploration (M) Ltd
“Great overview of economical and awareness of people management”
- Competence Development Planner, Sarawak Shell Berhad
“The course is good. I find it interesting and effective. Thank you”
- Deputy Director General, Cambodia National Petroleum Authority
“It’s great to have an experienced trainer share their knowledge and skills.” - IT Analyst, Sarawak Shell Berhad
“Very Good. Relevant and educational.” - Rig Manager, Seadrill
“Great course which most of them I should be able to apply to my organisation.” - IT Manager, BOB PT. BSP-Pertamina Hulu
“Effective in drilling a gap that offer exists with newly promoted managers.” - Director of Operations, Seadrill
“One of the best training I have ever attended in my 20 years of oil and gas training. Thank you very much Geof and Phil.”
- Production Manager, Oilsearch Ltd (PNG)
“Very valuable, comprehensive and practical training!” Head of Division, External Relations, Total E&P Indonesia
“This course is more valuable to everybody, regardless of their discipline, we would be better to take this course earlier if we
could.” - Act VP Exploration, Kangen Energy Indonesia
“Excellent grounding in the financial and people skills required to work in a dynamic and complex industry.”
- Senior Reservoir Engineer, Mubadala Petroleum (Thailand) Ltd
“An excellent course and recommended to the other staff/colleagues.” - Sr Finance Executive, KPOC Sdn Bhd
“A great course to understand the integrated and holistic nature of managing an oil & gas company”
- Business Support Analyst, Carigali-PTTEPI Operating Company
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WHO YOU WILL MEET IN THIS PROGRAM?
This intensive five day program is suitable for all managers who
wish to raise their management and commercial understanding in
the global Oil & Gas industry:
• Up and coming senior executives and managers in NOC’s or
IOC’s who need to see how the whole management ‘picture’ fits
together
• Specialists; petroleum engineers, geoscientists, support
professionals (eg. legal, HR, finance) and all those who are
moving into management and leadership roles in the Industry
PROGRAM OVERVIEW
Moving-up in the Oil & Gas industry is no simple task. The
International Oil & Gas industry is a fast-paced, complex and highly
competitive global industry.
Keeping-up with the pace of change, staying relevant and current
with industry developments by maintaining a sharp intellectual
edge is a constant challenge for professionals.
The changing nature of the industry and the drivers need to be un-
derstood by managers in the industry to help them make effective
business decisions. This ‘Business School’ style program provides
an invaluable understanding of the essential business skills in the
Oil & Gas industry.
This exceptional international ‘Business School’ has been
designed, and will be delivered, by a highly respected faculty of
Oil & Gas practitioners to help participants refine their commercial
awareness and management effectiveness.
Step beyond your functional expertise and expand your business
acumen. Learn what it takes to lead, execute and deliver in today’s
complex Oil & Gas sector.
Built with input from industry experts, this intensive and interactive
session will challenge as well as reward you.
YOUR KEY LEARNING OUTCOMES, WHAT THIS PROGRAM WILL DO FOR YOU:
ACHIEVE business objectives by ensuring that planning, performance management and effective utilization of all available
resources including capital, people, processes and systems are in place.
DEVELOP strong leadership qualities and earn the confidence of your direct reports. Improve communication methods through
more persuasive dialogues.
SHARPEN your appreciation of finance in Oil & Gas, and understand the numbers driving the industry. Analyse and use
management and financial information for better business decisions, balancing growth, cost and risk.
DEMONSTRATE a broad understanding of the business and industry within the global context as an entrepreneurial leader.
SEEK and encourage others to seek opportunities for new and innovative approaches to achieve growth and improve
efficiencies by using change management tactics.
“One of the best training I have
ever attended in my 20 years of
Oil & Gas training”
- Cornilius Soagai,
Production Manager,
Oil Search Ltd (PNG)
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OVERVIEW
COURSE MATERIALS
Participants will receive complete documentation relating to the
course. This will include a manual with all of the material used
on the course; reference materials for future development and
use; personal profiles relating to questionnaires and inventories
completed on the course; and access to online and other support-
ing material.
All attendees will also receive a free copy of the two books written
by one of the course directors, Geof Cox: Getting Results without
Authority: increasing performance and impact through positive
influencing and Ready-Aim-Fire Problem Solving: a strategic
approach to innovative decision-making.
This course offers an opportunity for junior executives and managers
in the oil & gas industry to explore and gain an understanding of the
essential principles of strategic business management as they apply
to the unique issues of the sector.
The focus is on providing practical experience and maximum value
to participants, so that they can contribute more effectively to, and
lead, the business decision-making process in their own organiza-
tion. Most people working in the oil & gas industry are well ground-
ed or specialists in one area or function and their understanding of
general business management issues may be less than required to
make effective strategic business decisions.
The course flow and content is designed to give a core grounding in
the subject areas and functions that make up decision-making in the
industry, so that gaps in knowledge and understanding can be filled
and participants can gain a balanced view of the industry business
model.
Throughout the week the different themes and content will
challenge participants’ thinking and understanding on the business
drivers of the industry.
Their strategic future view of the industry and of their own
organization’s position. The range of topics included are covered
through: inputs, exercises, mini-case studies, guest speakers, self
assessment questionnaires, discussion, individual & small group
activities, peer & tutor coaching and feedback in a highly participa-
tive and involving environment, that makes use of participants’ own
experience and needs.
A final review of the learning and information shared during the
week allows participants to revisit their organization’s strategic
positioning and take a view on its relevance and potential for success.
Learning is designed to take place in a collegiate setting, where ideas
are discussed, debated and applied to individual’s own experience.
Throughout the course, participants will work on practical exercises
that are drawn from the industry, and learn from inputs from experts
in their fields. Participants will also be encouraged to draw upon, and
share, their own experience and expertise to aid the overall learning
of the group.
The collegiate style of learning is further reinforced through the
more informal opportunities to learn and share that are organized
for participants in the evenings, ranging from networking and
experience sharing to talks by senior executives from the industry.
INTRODUCTION
This practical, intensive five day course aims to provide participants
with a solid grounding in the principles and practices of business
management that are essential in oil & gas organizations, when
moving from an operational to a more strategic role.
Where operational management is about implementing plans
with known parameters, strategic management is about exercising
judgement in complex environments where there is no ‘one right
way’.
This course provides the tools and processes that ensure that these
judgements are based on sound thinking. Specifically designed for
the oil & gas sector, the program is directed and facilitated by two
leading international consultants who have direct and extensive
working experience as executives in the industry, assisted by guest
speakers who will discuss additional key issues affecting the indus-
try in Asia and beyond.
This program’s uniqueness comes from it NOT being just another
overview of the industry but focused on the essential business
management skills for the sector.
DEVELOPING THE ORGANIZATION MANAGING RISK AND LEADING
CHANGE
Leading The 21St Century
Workforce
Managing Risk
Management Of Capital
Investment
Leading And Managing Change
Free Networking Dinner
PROGRAM TIMETABLE
Oil & Gas Industry Trends And Outlook
Business Strategy & Strategic Thinking
Essentials Of Finance
Managing Performance
Leading The 21St Century Workforce
Planning Successful Future Investments
Managing Risk
Leading And Managing Organization Change
Working Effectively In Project And Matrix Organizations
Developing Personal And Organization Strategic Direction
Applying Learning To Individual Development
TOPICS COVERED
Copyright©PetroEdgeAsia.Allrightsreserved.
MONDAY TUESDAY,
THESTRATEGICCONTEXT MANAGINGPERFORMANCE
WEDNESDAY, THURSDAY
FRIDAY
OPPORTUNITIESFORTHEFUTURE
Management Of Working Capital
Future Search
Close of Program
The Oil & Gas Industry In Performance Management
Essentials Of Finance Performance Leadership
Free Free
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PROGRAM OUTLINE
THE STRATEGIC CONTEXT
A review of the trends and issues facing the strategic future of
the oil & gas industry today to give context to the course and the
key business drivers that need to be addressed for success in the
future.
• Upstream & Downstream Trends
• Demand & Supply
• Outlook and implications
STRATEGIC THINKING
The practice of strategic planning and strategic thinking used in the
industry that underpins decision-making.
Participants will learn the core tools and approaches for strategy
development and work in small groups to apply them to their own
organization’s near term strategic plan.
• Strategic Planning & Strategic Thinking
- Trends and developments in strategic analysis and
organizational change
• Strategic Analysis Tools
- Exercises in the use of SWOT (Strengths, Weaknesses,
Opportunities & Threats), PESTLE (Political, Economic, Social,
Technological, Legal & Environmental), scenario development
and environmental scanning relating to the oil & gas sector
- Measuring performance through the Balanced Scorecard
• New Approaches to Strategy Development
- Using Systems Thinking and Large Group Participation processes
in strategy development and implementation
• Organization Strategy
- Developing a strategic focus for the industry, region and
participants’ own organizations
Morning Session | 08:30 - 12:00 Afternoon Session | 13:00 - 17:30
ESSENTIALS OF FINANCE
This module provides a firm understanding of the essential aspects
of finance and business accounting used in the oil & gas industry to
target, measure and manage financial performance.
This module is focused on expanding the financial awareness and
competencies of all staff who have an involvement with financial
information so they can contribute to the making of better value-
added decisions in their companies.
The competencies emphasised include the necessary basic finan-
cial and accounting knowledge, the analytical skills needed to
review financial information, and the ability to ask pertinent ques-
tions and then make good recommendations on the basis of the
data analysed.
The module starts with a review of the financial language and the
accounting basics, and explains the full scope of how financial
analysis and accounting are interrelated.
It explores how a clear understanding of the nature of the three
cycles of financing, investing and operating a business will help
the participants, from all disciplines and backgrounds, to make im-
provements in their own businesses.
• Corporate Objectives and Framework
• Financial Skills: Importance, Skills Framework & Course Focus
• The Three Cycles of Business
• A Performance Management Model for an Oil & Gas Company
• The Balanced Scorecard in detail
• The Performance Management Language 1: Accounting
Basics & Key Measures
• Accounting Exercises: A series of short questions on profit and
cash flow, requiring fairly straightforward calculations
• Profit Measures
• Cash Flow and Working Capital
• Introduction to Gusher Oil: First Financial Decision Making Case
Study
Evening Session |
FREE
There are no programs scheduled in the evening.
“Very comprehensive course taught by very
experienced personal from the oil & gas
industry” -Vice President,
Malaysia Petroleum
Resource Corporation
DAY 1
PROGRAMMEINTRODUCTION
THE OIL & GAS INDUSTRY
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REVIEW & DEVELOPMENT OF TODAY’S INPUTS & LEARNINGS
PROGRAM OUTLINE
MANAGING PERFORMANCE
PERFORMANCE MANAGEMENT
This module focuses on understanding the key business drivers of
performance in the oil & gas industry, and how to use tools, indica-
tors and measures to target and monitor progress and achievement
of the key factors that determine financial and business success.
• The SFS (Standard Financial Summary): A standard technique for
the presentation of financial information, whether for a business/
operating unit, or in support of a capital investment proposal.
• Oil Industry Cash Flow Case Study: A multi-stage exercise for
delegates, illustrating initially the impact of inflation and then
volume changes on the 3 key financial statements, and especially
on working capital and cash flow.
• The Performance Management Language 2: ROACE, Ratios &
KPIs (Key Performance Indicators)
• Ratio Exercises: Series of short questions on KPI/Ratio
calculations
• WYMIWYG (What You Measure Is What You Get)
• Industry High Level KPIs
• Benchmarking of Financial Performance and Analysis of Sector
Attractiveness
• Operational Benchmarking
Morning Session | 08:30 - 12:00 Afternoon Session | 13:00 - 17:30
PERFORMANCE LEADERSHIP
Complementing the module on managing business performance,
this module addresses the need for business leaders to be able to
deliver results through people by investigating the personal factors
that drive high employee engagement and performance.
• Influencing the Factors that affect Performance
- Determining the critical factors to leverage improvement
• Employee Competence, Motivation & Engagement
- The basic principles and new developments in employee
engagement
- Working within industry norms and organization policies
• Team Dynamics & Cross Functional Working
- How to leverage expertise and synergies in project teams
- Understanding functional and other cultural influences on
behaviour
• Ready-Aim-Fire: Strategic Problem Solving & Decision Making
- Balancing teams to ensure creativity, analysis and
implementation
- Self assessment Questionnaire: Team Process Roles: implications
for problem solving and for other teams
- Leading and building teams for high performance
Evening Session |
FREE
There are no programs scheduled in the evening “Excellent grounding in the financial and
people skills required to work in a dynamic
and complex industry“
- Senior Reservoir Engineer,
Mubadala Petroleum (Thailand)
“Reveal most unseen in my current role
which will be a guidance in future”
AIP Manager, Petrofac (M) Limited
DAY 2
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PROGRAM OUTLINE
DEVELOPING THE ORGANIZATION
LEADING THE21ST
CENTURY WORKFORCE
This module will provide an insight into the participant’s own
personality and leadership style and help them to develop an
authentic approach that will allow them to take the role of
respected leaders in the industry.
They will develop an understanding of current trends and leader-
ship practices and enhance their emotional intelligence to be able
to drive success.
• Personal Leadership & Management Style
- Personal Style inventory to identify individual style and approach
- Participants receive a personalised report on their style prefer-
ences, including implications and development guidance for
effective leadership
• Generation X & Generation Y
- How to manage and meet the specific needs of the new
generations in the workforce
• Providing Purpose & Direction
- Developing personal and organization vision
• Developing Employee Capability & Capacity
- Using coaching for development
- Identifying personal opportunities for staff development
• Remote & Virtual Teamworking
- Exercises and case studies in working in ad hoc project teams
- Using technology to overcome barriers to effective working in
non-face to face situations.
• Coaching to High Performance
- Practical exercise in the use of a simple coaching model to
improve individual performance
Morning Session | 08:30 - 12:00 Afternoon Session | 13:00 - 17:30
MANAGEMENT OF CAPITAL INVESTMENT
Capital Investment Decisions are typically amongst the most critical
for the success of any oil/energy company, not just because they of-
ten involve the commitment of very large sums of money, but also
since they dictate the operating infrastructure, and thus set the
boundaries for short term performance potential, for many years
to come. They are also almost always irreversible without incurring
major associated financial penalties.
These facts require that the skills of senior managers, as
well as specialist supporting staff, in these areas are highly
developed: in short, to ensure that the organization not only “Does
The Right Projects”, but also “Does The Projects Right”.
• What is Capital Investment?
• The Cost of Capital: Simple theory and practical application
• The Time Value of Money/DCF (Discounted Cash Flow) Basics
• DCF Exercises: A series of short questions on DCF and NPV (Net
Present Value) calculations for the Upstream and Downstream
• Upstream E+P Life Cycle NPV Case Study
• A Standard Evaluation Methodology/The Level Playing Field
• The 4 Key Economic Indicators
• Gusher Oil : 2nd Financial Decision Making Case Study
• Defining the Right Base Case: How to ensure it is the best of
those available
• The Critical Second Scenario: What if I Don’t Do the Proposed
Investment?
Evening Session |
FREE
There are no programs scheduled in the evening
REVIEW & DEVELOPMENT OF TODAY’S INPUTS & LEARNINGS
“Superb teachers and a wide variety
of interesting topics definitely raised
my skill levels in the area of
finance and leadership”
Drilling Manager,
Wintershall Middle East
Delegates’ feedbacks on the level
of usefulness and application of
information and ideas gained at the
training
RATING OF APPLICATION OF
LEARNING
DAY 3
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REVIEW & DEVELOPMENT OF TODAY’S INPUTS & LEARNINGS
PROGRAM OUTLINE
MANAGING RISK&LEADING CHANGE
MANAGING RISK
This module addresses the fact that in business, and especially in
the energy industry, the future is always very uncertain, and major
decisions cannot be reduced to simple formulae e.g. a positive NPV
means you automatically approve an investment.
An oil company must ensure that it has in place a rigorous
methodology for appraising investment decisions, to ensure that
risks have been understood as fully as possible and to maximise the
probability that the best investment choices will be made.
• What is Risk?
• Risk Management & Mitigation
• Gusher Oil: 3rd Financial Decision Making Case Study
• Sensitivity Analysis: A Standardised Approach
• Internal Risks
• Gusher Oil: 4th Financial Decision Making Case Study
• Alternative Evaluation Methods: is DCF the only valid and
effective technique?
• Project Portfolio Management: An ongoing process of maintaining
a portfolio of projects, often far bigger than can ever be afforded,
and ensuring that the best ones are selected / approved for
delivery, and the remainder kept alive, updated and competing
for potential later approval
• Analysis of Competitive Strengths & Weaknesses
• Where does the NPV come from?
• The Sources of Value, with Practical Oil Industry Examples: The
essential need to focus on, and quantify, sources of competitive
advantage in any investment proposal
Morning Session | 08:30 - 12:00 Afternoon Session | 13:00 - 17:30
LEADING&MANAGING CHANGE
This module addresses the ability to turn strategy into action by
ensuring that the organization develops the capacity to implement
the vision.
The factors which limit the ability to change are identified along
with proven tools and techniques that help to deliver complex
change: for example project management along with the ability
to influence and negotiate win:win outcomes with internal and
external partners, without resorting to directives and position
power.
• Why Change Fails
• Organization Capability for Change
• Individual Responses to Change
• Overcoming Resistance to Change
• Introducing change through project management
- Project planning tools
- Project implementation skills
• Getting Results Without Authority
- Self Assessment Questionnaire on individual communication and
influence style
- Individual and group exercises to practise and enhance the
influencing and negotiation skills necessary to work effectively in
projects, in matrix structures and with external partners
• Stakeholder & Political Mapping
- Mapping individual working environments to develop a strategic
influence plan to increase personal impact
Evening Session | 18:00 - 19:30
NETWORKING DINNER
“This course exceeded my expectations”
- General Manager Subsurface
Development,
Cairn Energy Ltd
“ Great course for those aspire Oil & Gas
Industry Business leaders cover Investment
decision analysis M&A Organisation.”
Engineering Manager,
Petrofac (M) Limited
DAY 4
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PROGRAM OUTLINE
Morning Session | 08:30 - 12:00 Afternoon Session | 13:00 - 17:30
FUTURE SEARCH
A final review of the trends and issues facing the strategic future
of the oil & gas industry, and the opportunity to develop some
individual and organizational responses that will deliver success.
• Individual, Functional & Corporate Visions
- Self-formed common interest groups investigate the themes
of the week and the implications for their own organizations
- Working together with their colleagues, they create visions
for the industry future, their functions and their organizations
• Presentation of Visions
- Group presentations of their visions for the industry future, their
functions and their organizations
PERSONAL ACTION PLANNING
Participants devise a ‘re-entry plan’ for their return to their
organizations to share their experience and enact specific action
plans for immediate implementation or further development.
• Application of Learning to Personal Reality
- Participants consider their learning during the week and review
their personal and organizational learning logs in order to identify
specific areas where they can add value to the organization and
their function
• Individual Action & Development Plans
- Personal implementation plans to put into effect short, medium
& long term actions in their own working environment
- Identification of further learning & development needs and plans
for addressing them
• Sources of Support & Further Development
- Participants identify and contract with each other to provide
continuing support and challenge on return to their organizations
forming LinkedIn and other support networks
• Presentation of Awards & Certificates
OPPORTUNITIES FOR THE FUTURE
MANAGEMENT OF WORKING CAPITAL
In the past many oil companies gave limited attention to the
management of cash flow, and in particular of working capital, in
all its forms: stocks, stores, debtors and creditors, each usually with
several components.
In recent years there has been growing recognition of the signifi-
cant potential for improved financial performance from better
management of working capital - both directly from the immediate
release of cash and indirectly by improving the return on capital
employed.
Following the dramatic increase in oil prices (with working capital
now accounting for over 1/3 of capital employed for many oil com-
panies, and over 50% in Downstream), effective working capital
management has become critical to the achievement of acceptable
levels of financial performance.
• Optimise not Minimise
• Gross Working Capital Concept
• Key Issues and KPIs
• The Cost of Working Capital: Long Term and Short Term
• The Working Capital Toolkit, with examples of its practical
application
• Working Capital Toolkit Exercises: Several short questions,
requiring the application of the appropriate Cost of Working
Capital to the evaluation of a wide range of typical oil industry
working capital decisions (covering debtors, creditors, stocks
and stores)
SPECIALIST FINANCIAL SKILLS
With increasingly rapid change and intense competitive pressures,
successful companies must ensure that their managers commit
to the primacy of value generation and possess the necessary
financial understanding and skills to enable all their decisions to be
soundly based and have the best chance of maximizing corporate
value. This includes an awareness of the importance of a number
of specialist financial skills and when to call in appropriate experts.
This module attempts to demystify the often apparently complex
world of finance and make it more accessible and applicable in day
to day business management in all functions and at all levels.
• The Finance/Treasury Function
• The Range of Specialist Financial Skills
• Valuing Companies/Acquisitions + Divestments
• Oil Industry Acquisition Case Study: Delegates are given
a copy of a spreadsheet, showing the calculation of the NPV of
a proposed acquisition in the oil industry together with a note
summarising the project and some key assumptions. Delegates
are asked to review these and recommend what the bid price for
the target company should be: the calculated NPV or a different
number?
• The Financial Skills Ladder Revisited and Follow-Up
We work with global Oil & Gas companies to design and deliver
training programmes in-house. This 5-day Executive Development
Program can be further tailored to meet your internal talent
development initiatives in a cost-effective way.
For more information please contact Malina Raman on
+65 67419927 or email malina@asiaedge.net.
petroEDGE IN-HOUSE TRAINING, GET MORE
FROM YOUR INVESTMENT!
Delegates’ feedbacks
• 73% found it very effective
• 27% found it fairly effective
PAST DELEGATES RATING ON
THE EFFECTS ON TRAINING
DAY 5
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Program
Directors
Program
Advisor
Geof Cox has twenty five years of international experience as an organization change and
management development consultant, working with public, private and not for profit organizations in
Western and Eastern Europe, the Middle East, USA, Asia Pacific and Africa. Prior to establishing his own
consulting business,
Geof had a long and successful career as a line manager with Exxon in the UK, working predominantly
in the marketing, distribution and HR functions. During this time he was responsible for the successful
implementation of a number of organization change programs and strategic business improvement
projects.
As a consultant, he has maintained his oil & gas industry focus, working on projects for organizations
such as BP, Chevron, Centrica, British Gas, Statoil, Kuwait Petroleum, National Grid Transco, Exxon, Saudi
Arabian Texaco, SABIC, Lloyds Register and Bechtel. He has a B.S.Sc from the Queen’s University of
Belfast, is a chartered member of the Chartered Institute of Personnel and Development, a fellow of the
Chartered Management Institute and a member of the British Institute of Learning and Development.
Phil Trimmer is an experienced senior business executive, who in the course of a 30-year career with BP held
a wide variety of Corporate and Downstream posts, mainly in Finance/Control and Strategy/ Planning/Business
Development roles; mostly in the UK, but also in Brussels and Stockholm, where he was Chief Financial Officer
(CFO) of the Refining and Marketing business.
His final full-time role was as CFO for Air BP, the aviation fuelling subsidiary, for over 3 years. In BP, Phil built
a successful track record of developing, running and leading sessions on business training programs (notably
on Financial Decision Making, Refinery Business, Supply Economics, Aviation Commercial Awareness and Avia-
tion Project Evaluation). Since 1999 he has run his own consulting business, specializing in the development,
design and running of Financial Skills training programs for organizations that need to improve the quality of their
financial decision-making, at everything from introductory/basic to advanced levels.
Phil has led over ninety courses for BP, the UK Energy Institute and other organizations and has contributed many
half-day sessions to other courses, for example on the Economics of the Oil Business and on specific sectors such
as Downstream, Refining and Aviation Fuelling. He has a First Class Degree from Sheffield University (Economics
with Accountancy + Financial Administration) and is a member of the UK Energy Institute.
Frank Penson is a senior human resource consultant, with a strong commercial and academic pedigree. He
was educated at Cambridge University where he completed his first masters degree (Master of Arts) in Classics.
He gained 17 years’ experience with the Exxon Corporation in a wide range of general management positions,
including marketing, international auditing (Europe, Middle East & Africa), government relations and financial
management.
Frank Penson’s Exxon career culminated in 5 years as Esso UK’s Head of Training & Organization Effectiveness,
where he influenced the corporation’s training activity throughout Europe. Frank elected to move into consul-
tancy in 1994 and has specialised in strategic training, learning & development assignments, nationally and
internationally. His extensive oil & gas consultancy experience includes projects in Europe, the Former Soviet
Union, the Middle East, SE Asia, Africa & the Caribbean. From 1992 to 2002 Frank sat on the Management
Committee of the UK’s National Training Organization for downstream petroleum: the Petroleum Industry
National Training Organization. He is a Member of the Energy Institute and is listed on their Consultants Database.
In 1997 Frank completed his second masters degree (Master of Science) in Management Development, at the
prestigious Roffey Park Institute. In 2010 Frank was approved as a Fellow of the Institute of Consulting, the UK’s
Professional Body for Management Consultants and Business Advisers.
The faculty for the course is headed by GeofCox
and Phil Trimmer who are both experienced as
senior managers in the oil & gas industry, as
well as being experts and consultants in their
specialist management fields.
Helping to design the program is Frank Penson. He
is a strategic training and development expert, who
has extensive experience in the oil & gas industry. Copyright©PetroEdgeAsia.Allrightsreserved.
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Terms & Conditions
CANCELLATIONS & SUBSTITUTIONS:
You may substitute delegates at any time. ASIA EDGE PTE LTD does not provide refunds for cancellations.
For cancellations received in writing more than seven (7) days prior to the training course you will receive
a 100% credit to be used at another ASIA EDGE PTE LTD training course for up to one year from the date
of issuance. For cancellations received seven (7) days or less prior to an event (including day 7), no credits
will be issued. In the event that ASIA EDGE PTE LTD cancels an event, delegate payments at the date of
cancellation will be credited to a future ASIA EDGE PTE LTD event. This credit will be available for up to
one year from the date of issuance. In the event that ASIA EDGE PTE LTD postpones an event, delegate
payments at the postponement date will be credited towards the rescheduled date. If the delegate is
unable to attend the rescheduled event, the delegate willreceive a 100% credit representing payments
made towards a future ASIA EDGE PTE LTD event. This credit will be available for up to one year from
the date of issuance. No refunds will be available for cancellations or postponements.
ASIA EDGE PTE LTD is not responsible for any loss or damage as a result of a substitution, alteration or
cancellation/postponement of an event. ASIA EDGE PTE LTD shall assume no liability whatsoever in the
event this training course is cancelled, rescheduled or postponed due to a fortuitous event, Act of God,
unforeseen occurrence or any other event that renders performance of this training course impracticable
or impossible. For purposes of this clause, a fortuitous event shall include, but not be limited to: war,
fire, labor strike, extreme weather or other emergency.
PROGRAM CHANGE POLICY:
Please note that speakers and topics were confirmed at the time of publishing; however, circumstances
beyond the control of the organizers may necessitate substitutions, alterations or cancellations of the
speakers and/or topics. As such, ASIA EDGE PTE LTD reserves the right to alter or modify the advertised
speakers and/or topics if necessary. Any substitutions or alterations will be updated on our web page
as soon as possible.
ASIA EDGE PTE. LTD.
Company Registration No: No. 200710561C
Copyright@ 2016 ASIA EDGE PTE LTD. All rights reserved. This brochure may not be copied, photocopied,
reproduced, translated, or converted to any electronic or machine-readable form in whole or in part
without prior written approval of ASIA EDGE PTE LTD
Please Complete This Registration Form
And Fax It Back To PetroEdge on
(65) 6747 8737
SALES CONTRACT
Please Note:
• Indicate if you have already registered by
• If you have not received an acknowledgement before the
training course, please call us to confirm your booking
• Photocopy this form to register multiple delegates
Fax Email WebsitePhone
Payment Methods
By Cheque/ Bank Draft Make Payable to Asia Edge Pte. Ltd.
By Direct Transfer: Please Quote AE1 with the remittance advise
Account Name: Asia Edge Pte. Ltd.
Bank No.: 508
Account No.: 762903-001
Swift Code: OCBCSGSG
*All bank charges to be borne by payer. Please ensure that Asia
Edge Pte. Ltd. receive the full invoiced amount.
Payment Policy
Payment is due in full at the time of registration. Full payment is
mandatory for event attendance. I agree to Asia Edge Pte. Ltd.
payment terms.
4 EASY WAYS TO REGISTER
• Online: www.petroedgeasia.net
• Email: info@asiaedge.net
• Phone: (65) 6741 9749
• Fax: (65) 6747 8737
PetroEdge On-Site Solutions
For further information about our On-Site Solutions, please call
+65 6741 9927 or email info@asiaedge.net
The International Oil & Gas
Executive Development Program
Kuala Lumpur,
Malaysia
PetroEdge recognises the value of learning in teams. Group
bookings at the same time from the same company receives
the following:
• Group of 3 or more at 5% off
• Group of 5 or more at 7% off
• Group of 8 or more at 10% off
All other promotions including early bird discount is exclusive of
the group discount.
DELEGATE DETAILS
DELEGATE 1:
Name: _____________________________
Phone: _____________________________
Email: _____________________________
Job Title: ___________________________
Department: ________________________
Mrs Ms. Dr.Mr. Other
DELEGATE 2:
Name: _____________________________
Phone: _____________________________
Email: _____________________________
Job Title: ___________________________
Department: ________________________
Mrs Ms. Dr.Mr. Other
DELEGATE 3:
Name: _____________________________
Phone: _____________________________
Email: _____________________________
Job Title: ___________________________
Department: ________________________
Mrs Ms. Dr.Mr. Other
APPROVING MANAGER
Name: ______________________________________
Company: ___________________________________
Address: ___________________________________
___________________________________
Country: ___________________________________
Postcode: ___________________________
_______________________________________________________________________________
Invoice Attention to: _____________________________
Phone: ________________________
Fax: ________________________
Email: _________________________________________
Mrs Ms. Dr.Mr. Other
THE INTERNATIONAL OIL & GAS
EXECUTIVEDEVELOPMENT PROGRAM
(IOGEDP)
Normal Rate (SGD) $5587.96
Team Discounts
Early Bird Rate (SGD)
$5387.96
Copyright©PetroEdgeAsia.Allrightsreserved.

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International Oil & Gas Executive Development Programme - IOGEDP 2015

  • 1. TheInternationalOil&Gas Executive DevelopmentProgram Essential Business Management Skills for Oil & Gas Professionals For further information please visit www.oilgas-executive-development.com or call us at: +65 6741 9749 | email: info@asiaedge.net petroEDGE Fuel Your Talent Another world class program by: Photo © StatoilHydro 7th Run IOGEDP
  • 2. Tel: +65 6741 9749 | Email: info@asiaedge.net Page 2petroEDGE Fuel Your Talent THE INTERNATIONAL OIL & GAS EXECUTIVE DEVELOPMENT PROGRAM TESTIMONIALS TESTIMONIALS FROM THE DELEGATES OF OUR PAST EVENTS “Excellent , Very interesting & practical training in the field at people Skill as wells financial that are relevant current industry (E&P, Oil & Gas)” - Head of UAE Gas, Mubadala Petroleum “Great course for those aspire Oil & Gas Industry Business leaders cover Investment decision analysis M&A Organisation.” - Engineering Manager, Petrofac (M) Limited “Well prepare & present” - Admin & Finance Manager, Johindah Malim Sdn Bhd “Yes. A good holistic course covering required skills for executive career development and great networking” - Maintenance Projects Contracting & Procurement Lead, Sarawak Shell Berhad “Superb teachers and a wide variety of interesting topics definitely raised my skill levels in the area of finance and leadership” - Drilling Manager, Wintershall Middle East “Reveal most unseen in my current role which will be a guidance in future” - AIP Manager, Petrofac (M) Limited “The course was beneficial for me and a lot to me, both instructors well knowledgeable and delivered the course in professional manner” - VP Production, Mubadala Petroleum (Thailand) “Very comprehensive course taught by very experienced personal from the oil & gas industry” - Vice President, Malaysia Petroleum Resource Corporation “I would recommend this course to executive level and above. I’ve learnt a lot from the facilitators. Learning is priceless” - Project Coordination Executive, JX Nippon Oil & Gas Exploration (M) Ltd “Great overview of economical and awareness of people management” - Competence Development Planner, Sarawak Shell Berhad “The course is good. I find it interesting and effective. Thank you” - Deputy Director General, Cambodia National Petroleum Authority “It’s great to have an experienced trainer share their knowledge and skills.” - IT Analyst, Sarawak Shell Berhad “Very Good. Relevant and educational.” - Rig Manager, Seadrill “Great course which most of them I should be able to apply to my organisation.” - IT Manager, BOB PT. BSP-Pertamina Hulu “Effective in drilling a gap that offer exists with newly promoted managers.” - Director of Operations, Seadrill “One of the best training I have ever attended in my 20 years of oil and gas training. Thank you very much Geof and Phil.” - Production Manager, Oilsearch Ltd (PNG) “Very valuable, comprehensive and practical training!” Head of Division, External Relations, Total E&P Indonesia “This course is more valuable to everybody, regardless of their discipline, we would be better to take this course earlier if we could.” - Act VP Exploration, Kangen Energy Indonesia “Excellent grounding in the financial and people skills required to work in a dynamic and complex industry.” - Senior Reservoir Engineer, Mubadala Petroleum (Thailand) Ltd “An excellent course and recommended to the other staff/colleagues.” - Sr Finance Executive, KPOC Sdn Bhd “A great course to understand the integrated and holistic nature of managing an oil & gas company” - Business Support Analyst, Carigali-PTTEPI Operating Company Copyright©PetroEdgeAsia.Allrightsreserved.
  • 3. Tel: +65 6741 9749 | Email: info@asiaedge.net Page 3petroEDGE Fuel Your Talent WHO YOU WILL MEET IN THIS PROGRAM? This intensive five day program is suitable for all managers who wish to raise their management and commercial understanding in the global Oil & Gas industry: • Up and coming senior executives and managers in NOC’s or IOC’s who need to see how the whole management ‘picture’ fits together • Specialists; petroleum engineers, geoscientists, support professionals (eg. legal, HR, finance) and all those who are moving into management and leadership roles in the Industry PROGRAM OVERVIEW Moving-up in the Oil & Gas industry is no simple task. The International Oil & Gas industry is a fast-paced, complex and highly competitive global industry. Keeping-up with the pace of change, staying relevant and current with industry developments by maintaining a sharp intellectual edge is a constant challenge for professionals. The changing nature of the industry and the drivers need to be un- derstood by managers in the industry to help them make effective business decisions. This ‘Business School’ style program provides an invaluable understanding of the essential business skills in the Oil & Gas industry. This exceptional international ‘Business School’ has been designed, and will be delivered, by a highly respected faculty of Oil & Gas practitioners to help participants refine their commercial awareness and management effectiveness. Step beyond your functional expertise and expand your business acumen. Learn what it takes to lead, execute and deliver in today’s complex Oil & Gas sector. Built with input from industry experts, this intensive and interactive session will challenge as well as reward you. YOUR KEY LEARNING OUTCOMES, WHAT THIS PROGRAM WILL DO FOR YOU: ACHIEVE business objectives by ensuring that planning, performance management and effective utilization of all available resources including capital, people, processes and systems are in place. DEVELOP strong leadership qualities and earn the confidence of your direct reports. Improve communication methods through more persuasive dialogues. SHARPEN your appreciation of finance in Oil & Gas, and understand the numbers driving the industry. Analyse and use management and financial information for better business decisions, balancing growth, cost and risk. DEMONSTRATE a broad understanding of the business and industry within the global context as an entrepreneurial leader. SEEK and encourage others to seek opportunities for new and innovative approaches to achieve growth and improve efficiencies by using change management tactics. “One of the best training I have ever attended in my 20 years of Oil & Gas training” - Cornilius Soagai, Production Manager, Oil Search Ltd (PNG) Copyright©PetroEdgeAsia.Allrightsreserved.
  • 4. petroEDGE Fuel Your Talent Tel: +65 6741 9749 | Email: info@asiaedge.net Page 4petroEDGE Fuel Your Talent OVERVIEW COURSE MATERIALS Participants will receive complete documentation relating to the course. This will include a manual with all of the material used on the course; reference materials for future development and use; personal profiles relating to questionnaires and inventories completed on the course; and access to online and other support- ing material. All attendees will also receive a free copy of the two books written by one of the course directors, Geof Cox: Getting Results without Authority: increasing performance and impact through positive influencing and Ready-Aim-Fire Problem Solving: a strategic approach to innovative decision-making. This course offers an opportunity for junior executives and managers in the oil & gas industry to explore and gain an understanding of the essential principles of strategic business management as they apply to the unique issues of the sector. The focus is on providing practical experience and maximum value to participants, so that they can contribute more effectively to, and lead, the business decision-making process in their own organiza- tion. Most people working in the oil & gas industry are well ground- ed or specialists in one area or function and their understanding of general business management issues may be less than required to make effective strategic business decisions. The course flow and content is designed to give a core grounding in the subject areas and functions that make up decision-making in the industry, so that gaps in knowledge and understanding can be filled and participants can gain a balanced view of the industry business model. Throughout the week the different themes and content will challenge participants’ thinking and understanding on the business drivers of the industry. Their strategic future view of the industry and of their own organization’s position. The range of topics included are covered through: inputs, exercises, mini-case studies, guest speakers, self assessment questionnaires, discussion, individual & small group activities, peer & tutor coaching and feedback in a highly participa- tive and involving environment, that makes use of participants’ own experience and needs. A final review of the learning and information shared during the week allows participants to revisit their organization’s strategic positioning and take a view on its relevance and potential for success. Learning is designed to take place in a collegiate setting, where ideas are discussed, debated and applied to individual’s own experience. Throughout the course, participants will work on practical exercises that are drawn from the industry, and learn from inputs from experts in their fields. Participants will also be encouraged to draw upon, and share, their own experience and expertise to aid the overall learning of the group. The collegiate style of learning is further reinforced through the more informal opportunities to learn and share that are organized for participants in the evenings, ranging from networking and experience sharing to talks by senior executives from the industry. INTRODUCTION This practical, intensive five day course aims to provide participants with a solid grounding in the principles and practices of business management that are essential in oil & gas organizations, when moving from an operational to a more strategic role. Where operational management is about implementing plans with known parameters, strategic management is about exercising judgement in complex environments where there is no ‘one right way’. This course provides the tools and processes that ensure that these judgements are based on sound thinking. Specifically designed for the oil & gas sector, the program is directed and facilitated by two leading international consultants who have direct and extensive working experience as executives in the industry, assisted by guest speakers who will discuss additional key issues affecting the indus- try in Asia and beyond. This program’s uniqueness comes from it NOT being just another overview of the industry but focused on the essential business management skills for the sector. DEVELOPING THE ORGANIZATION MANAGING RISK AND LEADING CHANGE Leading The 21St Century Workforce Managing Risk Management Of Capital Investment Leading And Managing Change Free Networking Dinner PROGRAM TIMETABLE Oil & Gas Industry Trends And Outlook Business Strategy & Strategic Thinking Essentials Of Finance Managing Performance Leading The 21St Century Workforce Planning Successful Future Investments Managing Risk Leading And Managing Organization Change Working Effectively In Project And Matrix Organizations Developing Personal And Organization Strategic Direction Applying Learning To Individual Development TOPICS COVERED Copyright©PetroEdgeAsia.Allrightsreserved. MONDAY TUESDAY, THESTRATEGICCONTEXT MANAGINGPERFORMANCE WEDNESDAY, THURSDAY FRIDAY OPPORTUNITIESFORTHEFUTURE Management Of Working Capital Future Search Close of Program The Oil & Gas Industry In Performance Management Essentials Of Finance Performance Leadership Free Free
  • 5. Tel: +65 6741 9749 | Email: info@asiaedge.net Page 5petroEDGE Fuel Your Talent PROGRAM OUTLINE THE STRATEGIC CONTEXT A review of the trends and issues facing the strategic future of the oil & gas industry today to give context to the course and the key business drivers that need to be addressed for success in the future. • Upstream & Downstream Trends • Demand & Supply • Outlook and implications STRATEGIC THINKING The practice of strategic planning and strategic thinking used in the industry that underpins decision-making. Participants will learn the core tools and approaches for strategy development and work in small groups to apply them to their own organization’s near term strategic plan. • Strategic Planning & Strategic Thinking - Trends and developments in strategic analysis and organizational change • Strategic Analysis Tools - Exercises in the use of SWOT (Strengths, Weaknesses, Opportunities & Threats), PESTLE (Political, Economic, Social, Technological, Legal & Environmental), scenario development and environmental scanning relating to the oil & gas sector - Measuring performance through the Balanced Scorecard • New Approaches to Strategy Development - Using Systems Thinking and Large Group Participation processes in strategy development and implementation • Organization Strategy - Developing a strategic focus for the industry, region and participants’ own organizations Morning Session | 08:30 - 12:00 Afternoon Session | 13:00 - 17:30 ESSENTIALS OF FINANCE This module provides a firm understanding of the essential aspects of finance and business accounting used in the oil & gas industry to target, measure and manage financial performance. This module is focused on expanding the financial awareness and competencies of all staff who have an involvement with financial information so they can contribute to the making of better value- added decisions in their companies. The competencies emphasised include the necessary basic finan- cial and accounting knowledge, the analytical skills needed to review financial information, and the ability to ask pertinent ques- tions and then make good recommendations on the basis of the data analysed. The module starts with a review of the financial language and the accounting basics, and explains the full scope of how financial analysis and accounting are interrelated. It explores how a clear understanding of the nature of the three cycles of financing, investing and operating a business will help the participants, from all disciplines and backgrounds, to make im- provements in their own businesses. • Corporate Objectives and Framework • Financial Skills: Importance, Skills Framework & Course Focus • The Three Cycles of Business • A Performance Management Model for an Oil & Gas Company • The Balanced Scorecard in detail • The Performance Management Language 1: Accounting Basics & Key Measures • Accounting Exercises: A series of short questions on profit and cash flow, requiring fairly straightforward calculations • Profit Measures • Cash Flow and Working Capital • Introduction to Gusher Oil: First Financial Decision Making Case Study Evening Session | FREE There are no programs scheduled in the evening. “Very comprehensive course taught by very experienced personal from the oil & gas industry” -Vice President, Malaysia Petroleum Resource Corporation DAY 1 PROGRAMMEINTRODUCTION THE OIL & GAS INDUSTRY
  • 6. Tel: +65 6741 9749 | Email: info@asiaedge.net Page 6petroEDGE Fuel Your Talent REVIEW & DEVELOPMENT OF TODAY’S INPUTS & LEARNINGS PROGRAM OUTLINE MANAGING PERFORMANCE PERFORMANCE MANAGEMENT This module focuses on understanding the key business drivers of performance in the oil & gas industry, and how to use tools, indica- tors and measures to target and monitor progress and achievement of the key factors that determine financial and business success. • The SFS (Standard Financial Summary): A standard technique for the presentation of financial information, whether for a business/ operating unit, or in support of a capital investment proposal. • Oil Industry Cash Flow Case Study: A multi-stage exercise for delegates, illustrating initially the impact of inflation and then volume changes on the 3 key financial statements, and especially on working capital and cash flow. • The Performance Management Language 2: ROACE, Ratios & KPIs (Key Performance Indicators) • Ratio Exercises: Series of short questions on KPI/Ratio calculations • WYMIWYG (What You Measure Is What You Get) • Industry High Level KPIs • Benchmarking of Financial Performance and Analysis of Sector Attractiveness • Operational Benchmarking Morning Session | 08:30 - 12:00 Afternoon Session | 13:00 - 17:30 PERFORMANCE LEADERSHIP Complementing the module on managing business performance, this module addresses the need for business leaders to be able to deliver results through people by investigating the personal factors that drive high employee engagement and performance. • Influencing the Factors that affect Performance - Determining the critical factors to leverage improvement • Employee Competence, Motivation & Engagement - The basic principles and new developments in employee engagement - Working within industry norms and organization policies • Team Dynamics & Cross Functional Working - How to leverage expertise and synergies in project teams - Understanding functional and other cultural influences on behaviour • Ready-Aim-Fire: Strategic Problem Solving & Decision Making - Balancing teams to ensure creativity, analysis and implementation - Self assessment Questionnaire: Team Process Roles: implications for problem solving and for other teams - Leading and building teams for high performance Evening Session | FREE There are no programs scheduled in the evening “Excellent grounding in the financial and people skills required to work in a dynamic and complex industry“ - Senior Reservoir Engineer, Mubadala Petroleum (Thailand) “Reveal most unseen in my current role which will be a guidance in future” AIP Manager, Petrofac (M) Limited DAY 2
  • 7. Tel: +65 6741 9749 | Email: info@asiaedge.net Page 7petroEDGE Fuel Your Talent PROGRAM OUTLINE DEVELOPING THE ORGANIZATION LEADING THE21ST CENTURY WORKFORCE This module will provide an insight into the participant’s own personality and leadership style and help them to develop an authentic approach that will allow them to take the role of respected leaders in the industry. They will develop an understanding of current trends and leader- ship practices and enhance their emotional intelligence to be able to drive success. • Personal Leadership & Management Style - Personal Style inventory to identify individual style and approach - Participants receive a personalised report on their style prefer- ences, including implications and development guidance for effective leadership • Generation X & Generation Y - How to manage and meet the specific needs of the new generations in the workforce • Providing Purpose & Direction - Developing personal and organization vision • Developing Employee Capability & Capacity - Using coaching for development - Identifying personal opportunities for staff development • Remote & Virtual Teamworking - Exercises and case studies in working in ad hoc project teams - Using technology to overcome barriers to effective working in non-face to face situations. • Coaching to High Performance - Practical exercise in the use of a simple coaching model to improve individual performance Morning Session | 08:30 - 12:00 Afternoon Session | 13:00 - 17:30 MANAGEMENT OF CAPITAL INVESTMENT Capital Investment Decisions are typically amongst the most critical for the success of any oil/energy company, not just because they of- ten involve the commitment of very large sums of money, but also since they dictate the operating infrastructure, and thus set the boundaries for short term performance potential, for many years to come. They are also almost always irreversible without incurring major associated financial penalties. These facts require that the skills of senior managers, as well as specialist supporting staff, in these areas are highly developed: in short, to ensure that the organization not only “Does The Right Projects”, but also “Does The Projects Right”. • What is Capital Investment? • The Cost of Capital: Simple theory and practical application • The Time Value of Money/DCF (Discounted Cash Flow) Basics • DCF Exercises: A series of short questions on DCF and NPV (Net Present Value) calculations for the Upstream and Downstream • Upstream E+P Life Cycle NPV Case Study • A Standard Evaluation Methodology/The Level Playing Field • The 4 Key Economic Indicators • Gusher Oil : 2nd Financial Decision Making Case Study • Defining the Right Base Case: How to ensure it is the best of those available • The Critical Second Scenario: What if I Don’t Do the Proposed Investment? Evening Session | FREE There are no programs scheduled in the evening REVIEW & DEVELOPMENT OF TODAY’S INPUTS & LEARNINGS “Superb teachers and a wide variety of interesting topics definitely raised my skill levels in the area of finance and leadership” Drilling Manager, Wintershall Middle East Delegates’ feedbacks on the level of usefulness and application of information and ideas gained at the training RATING OF APPLICATION OF LEARNING DAY 3
  • 8. Tel: +65 6741 9749 | Email: info@asiaedge.net Page 8petroEDGE Fuel Your Talent REVIEW & DEVELOPMENT OF TODAY’S INPUTS & LEARNINGS PROGRAM OUTLINE MANAGING RISK&LEADING CHANGE MANAGING RISK This module addresses the fact that in business, and especially in the energy industry, the future is always very uncertain, and major decisions cannot be reduced to simple formulae e.g. a positive NPV means you automatically approve an investment. An oil company must ensure that it has in place a rigorous methodology for appraising investment decisions, to ensure that risks have been understood as fully as possible and to maximise the probability that the best investment choices will be made. • What is Risk? • Risk Management & Mitigation • Gusher Oil: 3rd Financial Decision Making Case Study • Sensitivity Analysis: A Standardised Approach • Internal Risks • Gusher Oil: 4th Financial Decision Making Case Study • Alternative Evaluation Methods: is DCF the only valid and effective technique? • Project Portfolio Management: An ongoing process of maintaining a portfolio of projects, often far bigger than can ever be afforded, and ensuring that the best ones are selected / approved for delivery, and the remainder kept alive, updated and competing for potential later approval • Analysis of Competitive Strengths & Weaknesses • Where does the NPV come from? • The Sources of Value, with Practical Oil Industry Examples: The essential need to focus on, and quantify, sources of competitive advantage in any investment proposal Morning Session | 08:30 - 12:00 Afternoon Session | 13:00 - 17:30 LEADING&MANAGING CHANGE This module addresses the ability to turn strategy into action by ensuring that the organization develops the capacity to implement the vision. The factors which limit the ability to change are identified along with proven tools and techniques that help to deliver complex change: for example project management along with the ability to influence and negotiate win:win outcomes with internal and external partners, without resorting to directives and position power. • Why Change Fails • Organization Capability for Change • Individual Responses to Change • Overcoming Resistance to Change • Introducing change through project management - Project planning tools - Project implementation skills • Getting Results Without Authority - Self Assessment Questionnaire on individual communication and influence style - Individual and group exercises to practise and enhance the influencing and negotiation skills necessary to work effectively in projects, in matrix structures and with external partners • Stakeholder & Political Mapping - Mapping individual working environments to develop a strategic influence plan to increase personal impact Evening Session | 18:00 - 19:30 NETWORKING DINNER “This course exceeded my expectations” - General Manager Subsurface Development, Cairn Energy Ltd “ Great course for those aspire Oil & Gas Industry Business leaders cover Investment decision analysis M&A Organisation.” Engineering Manager, Petrofac (M) Limited DAY 4
  • 9. Tel: +65 6741 9749 | Email: info@asiaedge.net Page 9petroEDGE Fuel Your Talent PROGRAM OUTLINE Morning Session | 08:30 - 12:00 Afternoon Session | 13:00 - 17:30 FUTURE SEARCH A final review of the trends and issues facing the strategic future of the oil & gas industry, and the opportunity to develop some individual and organizational responses that will deliver success. • Individual, Functional & Corporate Visions - Self-formed common interest groups investigate the themes of the week and the implications for their own organizations - Working together with their colleagues, they create visions for the industry future, their functions and their organizations • Presentation of Visions - Group presentations of their visions for the industry future, their functions and their organizations PERSONAL ACTION PLANNING Participants devise a ‘re-entry plan’ for their return to their organizations to share their experience and enact specific action plans for immediate implementation or further development. • Application of Learning to Personal Reality - Participants consider their learning during the week and review their personal and organizational learning logs in order to identify specific areas where they can add value to the organization and their function • Individual Action & Development Plans - Personal implementation plans to put into effect short, medium & long term actions in their own working environment - Identification of further learning & development needs and plans for addressing them • Sources of Support & Further Development - Participants identify and contract with each other to provide continuing support and challenge on return to their organizations forming LinkedIn and other support networks • Presentation of Awards & Certificates OPPORTUNITIES FOR THE FUTURE MANAGEMENT OF WORKING CAPITAL In the past many oil companies gave limited attention to the management of cash flow, and in particular of working capital, in all its forms: stocks, stores, debtors and creditors, each usually with several components. In recent years there has been growing recognition of the signifi- cant potential for improved financial performance from better management of working capital - both directly from the immediate release of cash and indirectly by improving the return on capital employed. Following the dramatic increase in oil prices (with working capital now accounting for over 1/3 of capital employed for many oil com- panies, and over 50% in Downstream), effective working capital management has become critical to the achievement of acceptable levels of financial performance. • Optimise not Minimise • Gross Working Capital Concept • Key Issues and KPIs • The Cost of Working Capital: Long Term and Short Term • The Working Capital Toolkit, with examples of its practical application • Working Capital Toolkit Exercises: Several short questions, requiring the application of the appropriate Cost of Working Capital to the evaluation of a wide range of typical oil industry working capital decisions (covering debtors, creditors, stocks and stores) SPECIALIST FINANCIAL SKILLS With increasingly rapid change and intense competitive pressures, successful companies must ensure that their managers commit to the primacy of value generation and possess the necessary financial understanding and skills to enable all their decisions to be soundly based and have the best chance of maximizing corporate value. This includes an awareness of the importance of a number of specialist financial skills and when to call in appropriate experts. This module attempts to demystify the often apparently complex world of finance and make it more accessible and applicable in day to day business management in all functions and at all levels. • The Finance/Treasury Function • The Range of Specialist Financial Skills • Valuing Companies/Acquisitions + Divestments • Oil Industry Acquisition Case Study: Delegates are given a copy of a spreadsheet, showing the calculation of the NPV of a proposed acquisition in the oil industry together with a note summarising the project and some key assumptions. Delegates are asked to review these and recommend what the bid price for the target company should be: the calculated NPV or a different number? • The Financial Skills Ladder Revisited and Follow-Up We work with global Oil & Gas companies to design and deliver training programmes in-house. This 5-day Executive Development Program can be further tailored to meet your internal talent development initiatives in a cost-effective way. For more information please contact Malina Raman on +65 67419927 or email malina@asiaedge.net. petroEDGE IN-HOUSE TRAINING, GET MORE FROM YOUR INVESTMENT! Delegates’ feedbacks • 73% found it very effective • 27% found it fairly effective PAST DELEGATES RATING ON THE EFFECTS ON TRAINING DAY 5
  • 10. Tel: +65 6741 9749 | Email: info@asiaedge.net Page 10petroEDGE Fuel Your Talent Program Directors Program Advisor Geof Cox has twenty five years of international experience as an organization change and management development consultant, working with public, private and not for profit organizations in Western and Eastern Europe, the Middle East, USA, Asia Pacific and Africa. Prior to establishing his own consulting business, Geof had a long and successful career as a line manager with Exxon in the UK, working predominantly in the marketing, distribution and HR functions. During this time he was responsible for the successful implementation of a number of organization change programs and strategic business improvement projects. As a consultant, he has maintained his oil & gas industry focus, working on projects for organizations such as BP, Chevron, Centrica, British Gas, Statoil, Kuwait Petroleum, National Grid Transco, Exxon, Saudi Arabian Texaco, SABIC, Lloyds Register and Bechtel. He has a B.S.Sc from the Queen’s University of Belfast, is a chartered member of the Chartered Institute of Personnel and Development, a fellow of the Chartered Management Institute and a member of the British Institute of Learning and Development. Phil Trimmer is an experienced senior business executive, who in the course of a 30-year career with BP held a wide variety of Corporate and Downstream posts, mainly in Finance/Control and Strategy/ Planning/Business Development roles; mostly in the UK, but also in Brussels and Stockholm, where he was Chief Financial Officer (CFO) of the Refining and Marketing business. His final full-time role was as CFO for Air BP, the aviation fuelling subsidiary, for over 3 years. In BP, Phil built a successful track record of developing, running and leading sessions on business training programs (notably on Financial Decision Making, Refinery Business, Supply Economics, Aviation Commercial Awareness and Avia- tion Project Evaluation). Since 1999 he has run his own consulting business, specializing in the development, design and running of Financial Skills training programs for organizations that need to improve the quality of their financial decision-making, at everything from introductory/basic to advanced levels. Phil has led over ninety courses for BP, the UK Energy Institute and other organizations and has contributed many half-day sessions to other courses, for example on the Economics of the Oil Business and on specific sectors such as Downstream, Refining and Aviation Fuelling. He has a First Class Degree from Sheffield University (Economics with Accountancy + Financial Administration) and is a member of the UK Energy Institute. Frank Penson is a senior human resource consultant, with a strong commercial and academic pedigree. He was educated at Cambridge University where he completed his first masters degree (Master of Arts) in Classics. He gained 17 years’ experience with the Exxon Corporation in a wide range of general management positions, including marketing, international auditing (Europe, Middle East & Africa), government relations and financial management. Frank Penson’s Exxon career culminated in 5 years as Esso UK’s Head of Training & Organization Effectiveness, where he influenced the corporation’s training activity throughout Europe. Frank elected to move into consul- tancy in 1994 and has specialised in strategic training, learning & development assignments, nationally and internationally. His extensive oil & gas consultancy experience includes projects in Europe, the Former Soviet Union, the Middle East, SE Asia, Africa & the Caribbean. From 1992 to 2002 Frank sat on the Management Committee of the UK’s National Training Organization for downstream petroleum: the Petroleum Industry National Training Organization. He is a Member of the Energy Institute and is listed on their Consultants Database. In 1997 Frank completed his second masters degree (Master of Science) in Management Development, at the prestigious Roffey Park Institute. In 2010 Frank was approved as a Fellow of the Institute of Consulting, the UK’s Professional Body for Management Consultants and Business Advisers. The faculty for the course is headed by GeofCox and Phil Trimmer who are both experienced as senior managers in the oil & gas industry, as well as being experts and consultants in their specialist management fields. Helping to design the program is Frank Penson. He is a strategic training and development expert, who has extensive experience in the oil & gas industry. Copyright©PetroEdgeAsia.Allrightsreserved.
  • 11. Tel: +65 6741 9749 | Email: info@asiaedge.net Page 11petroEDGE Fuel Your Talent Terms & Conditions CANCELLATIONS & SUBSTITUTIONS: You may substitute delegates at any time. ASIA EDGE PTE LTD does not provide refunds for cancellations. For cancellations received in writing more than seven (7) days prior to the training course you will receive a 100% credit to be used at another ASIA EDGE PTE LTD training course for up to one year from the date of issuance. For cancellations received seven (7) days or less prior to an event (including day 7), no credits will be issued. In the event that ASIA EDGE PTE LTD cancels an event, delegate payments at the date of cancellation will be credited to a future ASIA EDGE PTE LTD event. This credit will be available for up to one year from the date of issuance. In the event that ASIA EDGE PTE LTD postpones an event, delegate payments at the postponement date will be credited towards the rescheduled date. If the delegate is unable to attend the rescheduled event, the delegate willreceive a 100% credit representing payments made towards a future ASIA EDGE PTE LTD event. This credit will be available for up to one year from the date of issuance. No refunds will be available for cancellations or postponements. ASIA EDGE PTE LTD is not responsible for any loss or damage as a result of a substitution, alteration or cancellation/postponement of an event. ASIA EDGE PTE LTD shall assume no liability whatsoever in the event this training course is cancelled, rescheduled or postponed due to a fortuitous event, Act of God, unforeseen occurrence or any other event that renders performance of this training course impracticable or impossible. For purposes of this clause, a fortuitous event shall include, but not be limited to: war, fire, labor strike, extreme weather or other emergency. PROGRAM CHANGE POLICY: Please note that speakers and topics were confirmed at the time of publishing; however, circumstances beyond the control of the organizers may necessitate substitutions, alterations or cancellations of the speakers and/or topics. As such, ASIA EDGE PTE LTD reserves the right to alter or modify the advertised speakers and/or topics if necessary. Any substitutions or alterations will be updated on our web page as soon as possible. ASIA EDGE PTE. LTD. Company Registration No: No. 200710561C Copyright@ 2016 ASIA EDGE PTE LTD. All rights reserved. This brochure may not be copied, photocopied, reproduced, translated, or converted to any electronic or machine-readable form in whole or in part without prior written approval of ASIA EDGE PTE LTD Please Complete This Registration Form And Fax It Back To PetroEdge on (65) 6747 8737 SALES CONTRACT Please Note: • Indicate if you have already registered by • If you have not received an acknowledgement before the training course, please call us to confirm your booking • Photocopy this form to register multiple delegates Fax Email WebsitePhone Payment Methods By Cheque/ Bank Draft Make Payable to Asia Edge Pte. Ltd. By Direct Transfer: Please Quote AE1 with the remittance advise Account Name: Asia Edge Pte. Ltd. Bank No.: 508 Account No.: 762903-001 Swift Code: OCBCSGSG *All bank charges to be borne by payer. Please ensure that Asia Edge Pte. Ltd. receive the full invoiced amount. Payment Policy Payment is due in full at the time of registration. Full payment is mandatory for event attendance. I agree to Asia Edge Pte. Ltd. payment terms. 4 EASY WAYS TO REGISTER • Online: www.petroedgeasia.net • Email: info@asiaedge.net • Phone: (65) 6741 9749 • Fax: (65) 6747 8737 PetroEdge On-Site Solutions For further information about our On-Site Solutions, please call +65 6741 9927 or email info@asiaedge.net The International Oil & Gas Executive Development Program Kuala Lumpur, Malaysia PetroEdge recognises the value of learning in teams. Group bookings at the same time from the same company receives the following: • Group of 3 or more at 5% off • Group of 5 or more at 7% off • Group of 8 or more at 10% off All other promotions including early bird discount is exclusive of the group discount. DELEGATE DETAILS DELEGATE 1: Name: _____________________________ Phone: _____________________________ Email: _____________________________ Job Title: ___________________________ Department: ________________________ Mrs Ms. Dr.Mr. Other DELEGATE 2: Name: _____________________________ Phone: _____________________________ Email: _____________________________ Job Title: ___________________________ Department: ________________________ Mrs Ms. Dr.Mr. Other DELEGATE 3: Name: _____________________________ Phone: _____________________________ Email: _____________________________ Job Title: ___________________________ Department: ________________________ Mrs Ms. Dr.Mr. Other APPROVING MANAGER Name: ______________________________________ Company: ___________________________________ Address: ___________________________________ ___________________________________ Country: ___________________________________ Postcode: ___________________________ _______________________________________________________________________________ Invoice Attention to: _____________________________ Phone: ________________________ Fax: ________________________ Email: _________________________________________ Mrs Ms. Dr.Mr. Other THE INTERNATIONAL OIL & GAS EXECUTIVEDEVELOPMENT PROGRAM (IOGEDP) Normal Rate (SGD) $5587.96 Team Discounts Early Bird Rate (SGD) $5387.96 Copyright©PetroEdgeAsia.Allrightsreserved.