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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
Overview

This comprehensive Financial Modeling Training Course is crafted to elevate participants' proficiency in Excel; particularly tailored to the dynamic needs of the Oil & Gas industry. Covering both upstream and downstream operations; the course empowers professionals to transform their analytical abilities and enhance corporate decision-making. With a focus on real-world application; attendees will develop advanced modelling techniques; gain command over performance measurement tools; and learn to set data-driven targets that align with organizational goals.

Through a combination of expert-led lectures; practical exercises; and industry-relevant case studies; this Financial Modeling Training Course ensures hands-on experience in statistical analysis; investment appraisal; and financial forecasting. Participants will explore essential Excel functions; understand trend analysis; apply regression techniques; and utilize advanced tools such as scenario analysis and ANOVA—all customized for the oil and gas sector. The course structure supports progressive learning from foundational concepts to complex financial models.

Whether you're a budgeting analyst; performance monitoring specialist; or aspiring manager; this training is designed to build your confidence; update outdated modelling techniques; and equip you with a powerful skill set. Organizations benefit from improved financial management and more informed decision-making; while individuals gain a competitive edge through mastery in Excel-based modelling. 

Course Summary

This Financial Modelling training course is designed to enhance participants understanding of advanced use of Excel. The global competitive environment affecting firms across all sectors including Oil & Gas companies. The ability of using Excel to its fullest is the minimum requirement to remain competitive in the current environment. This training course is designed to provide in-depth knowledge of using Excel in financial modelling. Upon completion the delegates will have the skills to use Excel efficiently, understanding how to deal with several important issues related to financial modelling, performance measurements and setting targets using sophisticated techniques. The delegates will have the knowledge to explain and propose various methods relevant in enhancing company performance.

In addition, working in the upstream or downstream and the career progression is being restricted by outdated knowledge of modelling techniques, measuring performance, and limitations. This training targets areas of weakness, so that participants will be able to build-up their confidence in financial modelling and moving their career forward.

This Financial Modelling in the Oil & Gas Industry training course will highlight:

  • Applications of Excel from the basics to the most advanced use of Excel
  • A real-world approach to the discipline
  • Numerous examples based around the oil and gas industry
  • A dual approach that develops not only modelling skills but also financial management skills
  • In-depth analysis of the performance using statistical techniques
Course Outline
Day 1

Introduction to the Excel Environment with Oil and Gas  

  • 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 

  • 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  

  • 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  

  • 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 

  • 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

KHDA
NASBA

In Association With

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

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.

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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.

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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 info@glomacs.sa . 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 info@glomacs.sa

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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