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| Date | Venue | Fees | |
|---|---|---|---|
| 04 - 08 May 2026 | London - UK | $ 5,950 | |
| 29 Jun - 03 Jul 2026 | Amsterdam - The Netherlands | $ 5,950 | |
| 03 - 07 Aug 2026 | Dubai - UAE | $ 5,950 | |
| 07 - 11 Sep 2026 | London - UK | $ 5,950 | |
| 09 - 13 Nov 2026 | Dubai - UAE | $ 5,950 | |
| 21 - 25 Dec 2026 | London - UK | $ 5,950 | |
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Online Schedule
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| Date | Venue | Fees | |
| 15 - 19 Jun 2026 | Online | $ 3,950 | |
| 09 - 13 Nov 2026 | Online | $ 3,950 | |
The IFRS for the Oil & Gas and Petrochemical Sectors (Upstream, Midstream & Downstream) training course develops an essential understanding of oil & gas accounting, reporting and performance measurement issues and practices. It examines the latest developments, including IFRS 18 Presentation and Disclosures in Financial Statements (effective 1 January 2027) and IFRS S1 & S2 Sustainability Disclosure Requirements, ensuring participants remain aligned with current and future reporting standards.
This highly practical training course enhances your ability to prepare, interpret and critically evaluate financial information across upstream, midstream and downstream operations, applying specialist industry knowledge and analytical skills relevant to the sector.
By the end of this IFRS for the Oil & Gas and Petrochemical Sectors training course, participants will be able to:
This training course uses illustrated presentations, worked examples and practical exercises to reinforce learning. Each topic is supported by real-world case studies and analysis of extracts from international oil and gas company annual reports.
Participants engage in individual and group exercises, followed by full solution discussions to ensure practical application. One-to-one sessions with the seminar leader provide additional clarification and tailored guidance.
This IFRS for the Oil & Gas and Petrochemical Sectors training course is designed for professionals with a foundational understanding of accounting who wish to deepen their expertise in oil & gas financial reporting.
It is particularly suitable for:
This day examines the major accounting challenges facing the oil & gas industry and the strategic importance of IFRS adoption. Participants explore sustainability disclosure standards, IFRS 18 developments and the impact of economic and geopolitical factors on reporting. The topics covered will include:
This day focuses on asset recognition, valuation and impairment in oil & gas operations. It covers key IFRS standards relevant to exploration, production and reserve reporting. The topics covered will include:
This day addresses complex group structures, consolidation and joint arrangements common in the sector. It also explores production sharing agreements and profit allocation mechanisms. The topics covered will include:
This day examines treasury management, derivatives and financial instrument disclosures. Participants evaluate risk management practices and cash flow reporting in multinational oil & gas companies. The topics covered will include:
This day explores ethical reporting, governance frameworks and audit responsibilities within the oil & gas sector. It highlights the importance of transparency, board oversight and internal controls. The topics covered will include:
Today, in the oil and gas industry there is an increased need for performance measurement, auditing, and reporting that integrates quality, environmental, and health and safety considerations with...
View CourseThis comprehensive training course provides delegates with the essential knowledge and skills to manage treasury operations effectively and improve liquidity, investment returns, international cash...
View CourseDelivering this in-house training course allows organisations to align content directly with internal accounting policies, reporting frameworks, joint venture structures and governance models. The training course can be tailored to reflect specific upstream, midstream or downstream operational realities, ensuring maximum organisational relevance and measurable performance improvement.
Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.
Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.
Official Saudi Arabian division of GLOMACS with established global credibility.
Internationally benchmarked training courses aligned with professional best practices.
Trusted by professionals and institutions across public and private sectors.
Training courses delivered within Saudi Arabia and across international locations.
Organisations & Professionals in KSA will have the following additional benefits from this IFRS for the Oil & Gas and Petrochemical Sectors training course.
No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.
No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.
No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.
Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.
Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.
For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email [email protected] . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars
If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.
For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at [email protected]
Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.
GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.
Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.
Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.
Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.
Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.
Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.
