Assess the technical and commercial risk attaching to oil and gas asset valuation across the asset life cycle.
Building Financial Valuation Models for Oil and Gas Assets
Move oil and gas asset valuation from general awareness to a repeatable, reviewable practice.
📍 Tunis🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points
Course Overview
Deferred maintenance and deferred decisions on oil and gas asset valuation both accrue interest. The energy transition has not removed the need for rigour in asset valuation; it has added to it. Exercises escalate in difficulty, ending with the ambiguous situations that make this aspect of energy and hydrocarbon operations hard in practice. The result is the confidence to make and defend decisions about oil and gas asset valuation under scrutiny. The programme converts this part of energy and hydrocarbon operations from an area of general awareness into a set of repeatable practices. Field experience suggests that the barrier to better asset valuation is rarely technical. Teams frequently over-invest in documenting oil and gas asset valuation and under-invest in testing it. The programme works equally well for those formalising asset valuation for the first time and those improving an existing approach. The final module sets out how progress on the wider energy and hydrocarbon operations agenda will be evidenced six months later.
Expected Learning Outcomes
Build the competence and certification matrix for staff working on asset valuation.
Present the case for investment in oil and gas asset valuation in terms that a finance function will accept.
Build a register of the risks attaching to asset valuation and keep it current.
Communicate the purpose of oil and gas asset valuation to those who have to comply with it.
Plan asset valuation around shutdown windows rather than against them.
Structure contracts and service agreements covering oil and gas asset valuation.
Who Should Attend
Shift supervisors and control room leads dealing with oil and gas asset valuation in real time.
Public sector officials applying asset valuation within a regulated framework.
Internal auditors reviewing how oil and gas asset valuation is designed and operated.
Commercial and planning analysts modelling asset valuation.
Contract and procurement staff supporting oil and gas asset valuation.
Inspection and integrity engineers assessing asset valuation.
Course Modules
Oil and gas asset valuation: process safety, permits and isolation
2 sessions · 8 pointsSession 1Building lasting competence in oil and gas asset valuation
- Define the trigger that would require oil and gas asset valuation to be redesigned.
- Build the internal briefing that explains asset valuation to those affected.
- Set the trigger for a life-extension versus replacement study on oil and gas asset valuation.
- Collect evidence on the present handling of asset valuation before proposing changes.
Session 2The permit and isolation regime that asset valuation actually requires
- Set out the decisions in oil and gas asset valuation that require sign-off and by whom.
- Identify critical spares for asset valuation and confirm lead times.
- Identify the failure modes of oil and gas asset valuation with the highest consequence.
- Set out how exceptions to asset valuation are requested and approved.
Asset valuation: planning, shutdowns and execution windows
2 sessions · 8 pointsSession 1What the instrumentation on asset valuation is and is not telling you
- Record the technical rationale for the chosen approach to oil and gas asset valuation.
- Arrange the handover of asset valuation so capability survives staff changes.
- Confirm the inspection interval for oil and gas asset valuation is based on condition, not habit.
- Reduce the variation in how asset valuation is carried out between teams.
Session 2Reading condition data on asset valuation before failure, not after
- Identify single points of dependency in oil and gas asset valuation and reduce them.
- Plan the sequence in which improvements to asset valuation will be introduced.
- Assess the emissions and discharge attributable to oil and gas asset valuation.
- Verify emergency response arrangements cover the scenarios asset valuation can create.
Asset valuation: technical fundamentals and operating envelope
2 sessions · 8 pointsSession 1Holding contractors on asset valuation to the standard you hold yourself
- Check that oil and gas asset valuation still works when volumes rise unexpectedly.
- Map the handovers in asset valuation between functions and secure them.
- Distinguish symptoms from causes when oil and gas asset valuation underperforms.
- Check that the permit regime covering asset valuation matches the actual hazard.
Session 2Who answers for oil and gas asset valuation, and to whom
- Verify isolation points for oil and gas asset valuation are proven and documented.
- Confirm handover documentation for asset valuation is complete and current.
- Check that management of change is applied to every modification of oil and gas asset valuation.
- Build the competence framework that supports asset valuation.
Asset valuation: environmental obligation and emissions
2 sessions · 8 pointsSession 1Spares, logistics and single points of failure in asset valuation
- Record what was learned when oil and gas asset valuation did not go as planned.
- Review incident and near-miss history involving asset valuation.
- Establish the boundary of oil and gas asset valuation and record what sits outside it.
- Establish the alarm philosophy applying to asset valuation and remove nuisance alarms.
Session 2Testing asset valuation before relying on it
- Confirm that lessons from oil and gas asset valuation are shared beyond the team that learned them.
- Confirm contractor competence records for anyone working on asset valuation.
- Remove steps in oil and gas asset valuation that add effort without adding assurance.
- Review the instrumentation on asset valuation for coverage gaps.
Choose the package that suits you
Silver Package
At least 3 people
USD1,250
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Gold Package
At least 3 people
USD1,850
- 5-night stay in a 5-star hotel
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Complete your registration
We will contact you within one business day to confirm.