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Financial Modelling in the Oil & Gas Industry

An Interactive 5-Day Training Course

Financial Modelling in the Oil & Gas Industry

Financial Management Skills, Financial Modelling and Forecasting

NASBA
Classroom Schedule
Date Venue Fees
02 - 06 Mar 2026 London $ 5,950
20 - 24 Apr 2026 Dubai $ 5,950
18 - 22 May 2026 Dubai $ 5,950
06 - 10 Jul 2026 Houston $ 7,950
17 - 21 Aug 2026 Abu Dhabi $ 5,950
17 - 21 Aug 2026 London $ 5,950
21 - 25 Sep 2026 Dubai $ 5,950
05 - 09 Oct 2026 Rome $ 5,950
02 - 06 Nov 2026 Dubai $ 5,950
23 - 27 Nov 2026 Muscat $ 5,950
14 - 18 Dec 2026 London $ 5,950
28 Dec - 01 Jan 2027 Dubai $ 5,950
04 - 08 Jan 2027 Dubai $ 5,950
11 - 15 Jan 2027 Kigali $ 5,950
15 - 19 Mar 2027 London $ 5,950
Online Schedule
Date Venue Fees
20 - 24 Apr 2026 Online $ 3,950
06 - 10 Jul 2026 Online $ 3,950

Course Summary

Financial modelling is essential for professionals in the oil and gas sector who must analyse data, forecast performance, and support strategic decision-making. This training course equips participants with the ability to use Microsoft Excel to build effective financial models tailored to both upstream and downstream operations, helping organisations assess performance, set targets, and enhance data-driven decisions. The Financial Modelling in the Oil & Gas Industry training course emphasises real-world application, combining modelling techniques with financial management insights relevant to the dynamic oil and gas environment.

Participants progress from foundational Excel skills to advanced analytical methods, applying statistical tools, investment appraisal techniques, and forecasting within the context of industry-specific challenges. Throughout the course, attendees gain confidence in conducting quantitative analysis, evaluating financial performance, and constructing models that align with organisational priorities. The Financial Modelling in the Oil & Gas Industry training course prepares professionals to confidently apply their modelling skills to improve operational and financial outcomes.

Skills & Competencies

From this Financial Modelling in the Oil & Gas Industry training course, participants will develop the following key skills and competencies:

  • Advanced Excel modelling capability
  • Statistical data analysis proficiency
  • Financial forecasting and investment appraisal
  • Performance measurement techniques
  • Scenario and trend analysis skills
  • Financial decision-support competency

Key Learning Outcomes

At the end of Financial Modelling in the Oil & Gas Industry training course, you will learn to:

  • Apply Excel functions to support financial modelling and data analysis.
  • Conduct statistical and trend analysis relevant to oil and gas data.
  • Perform investment appraisal using industry-specific financial techniques.
  • Analyse correlation, variance, and forecasting for financial insights.
  • Build robust financial models to support performance measurement.

 

How You Will Learn

This training course combines structured instruction with hands-on modelling practice. Participants review practical Excel techniques applied to oil and gas scenarios, exploring statistical analysis, investment appraisal, and forecasting. Emphasis is on applying concepts directly to real-world financial data and modelling requirements relevant to the energy sector.

Who should Attend?

This training course is designed for professionals who require strong financial modelling skills within the oil and gas industry and related sectors.

This Financial Modelling in the Oil & Gas Industry training course is suitable to a wide range of professionals but will greatly benefit:

  • Decision-makers and performance monitoring specialists
  • Budgeting and financial modelling specialists
  • Accountants and financial analysts
  • Junior managers and data analysts
  • Oil & Gas sector professionals requiring modelling skills
Course Outline
Day 1

Introduction to the Excel Environment with Oil and Gas

This day provides an introduction to Excel environments relevant to financial modelling and statistical analysis. Participants explore essential functions, data representation techniques, and trend analysis. The topics covered will include:   

  • A Quick-start Tutorial for Excel
  • Describing Data Sets Using Statistics
  • Representing Data sets Graphically
  • Understanding the Concept of Normal Distribution and practical application
  • Trend Analysis Using Excel
  • Time Series Analysis
Day 2

Statistical Analysis (Applied to the Oil and Gas Industry) Using Excel

This day focuses on statistical functions in Excel and their applications to oil and gas data. Participants learn descriptive statistics and regression techniques for analysing equity returns. The topics covered will include:   

  • Use of Excel Functions for Statistical Analysis
  • Descriptive Statistics and their applications:
    • Mean
    • Median
    • Standard Deviation
    • Skewness
    • Kurtosis
  • Use of Scatter Diagrams, Frequency and Histogram Distribution
  • Regression Techniques to Calculate the Cost of Equity Financing
  • Analysis of Equity Returns of Oil and Gas Industry and Companies
Day 3

Oil Product Spreads

This day explores relationships between energy product data sets, correlation analysis, and variance techniques for financial insights. The topics covered will include:  

  • Examining the Relationship between Energy Products
  • Differences between Data Sets and their importance.
  • Correlation Analysis
  • Confidence Intervals
  • Application of Analysis of Variance (ANOVA)
Day 4

Investment Appraisal Using Excel

This day addresses investment appraisal methods using Excel, including NPV, IRR, and scenario analysis. Participants learn practical techniques for stress testing and assessing financial distress. The topics covered will include:

  • Investment Appraisal using NPV, IRR, and Payback as Applied to the Oil and Gas Industry
  • Use of Excel Functions for Investment Appraisal: IRR, PV and NPV
  • Modified Internal Rate of Return (MIRR)
  • Use of Scenario Analysis and Stress Testing
  • Predicting Financial Distress
Day 5

Financial Analysis in the Up and Down Stream Oil and Gas Industry

This day broadens participants’ understanding of financial statements, ratio systems, and cash flow forecasting using Excel modelling tools. The topics covered will include:  

  • Introduction to Financial Statements
  • Ratio Analysis Applied to the Oil and Gas Industry
  • Ratios as a System – Pyramids of Ratios
  • Financial Modelling
  • Cash Flow Forecasts Using Excel
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

This training course is also a part of the 10-Day Titles
Options & Brochure

Customisation & In-House Delivery

Delivering this training course in-house allows organisations to tailor the oil and gas financial modelling content to internal financial practices, corporate reporting standards, and industry-specific challenges. Customisation enhances the relevance of modelling techniques to organisational data structures, performance measurement priorities, and decision support frameworks.

Why Choose Saudi GLOMACS?

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 Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

Additional Benefits of this course for Organisations and Professionals in Saudi Arabia

Organisations & Professionals in KSA will have the following additional benefits from this Financial Modelling in the Oil & Gas Industry training course:

  • Enhanced financial analytical capability
  • Improved modelling for performance and planning
  • Stronger decision-making support structures
  • Greater confidence in investment appraisal
  • Better use of data-driven forecasting
  • Competitive edge in oil and gas financial management
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What Our Clients Say

The company project valuation metrics were very useful to reinforce my prior knowledge of IRR and NPV. It was interesting to discover the limitations of these methods if the cashflows were non...

- Chinazo Okoye

The scenario manager tutorial was so real, i loved it and will be applying it immediately. This will indefinitely improve my presentation skills on budgets vs. actual. Overall, the course has made me...

- Julius Wachiya Mulati

Learnt a lot especially finance from a statistical point of view. This will enhance my modelling skills as previously I used to take arbitrary percentages for example, 10% sales growth instead of...

- Emmanuel Asuma Onsomu

I managed to link my statistical knowledge learned in university to finance area. I learned about the ratios and there application, forecasting financial figures, and most important, build a...

- Daniel Samuel Cacita
Frequently Asked Question

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.

View All Training Locations

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.

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