BT Energy Consulting
BTEnergy
The curriculum aims at increasing knowledge of participants of the Energy and Resources industry. The curriculum commences with the basic foundation level learning modules to ensure a good understanding of the language of the E&R industry.
The foundation module consists of the following earnings:
Introduction to the Energy
and Resources industry;
E&R overview and introduction to each of the industry's sectors (including industry terminologies) .
The Oil and Gas School is designed to provide participants a valuable insight into the main elements of the oil and gas industry and comtemporary issues affecting the industry.
The School provides participants the following:
- Working knowledge of all the main sectors of the oil and gas industry
- Insight in some of the issues faced by oil and gas companies.
- Opportunity of networking with other participants.
The school is conducted around a simulation game involving participants in decision-making in all key areas of the oil and gas industry. There are also a number of presentations by experienced oil and gas practitioners. The areas covered are as follows:
- Industry overview
- Basic hydrocarbon geology
- Exploration, development, production and decommissioning
- Refining and retail marketing
- Hydrocarbon reserves
- Oil trading and transportation
- Liquefied Natural Gas
- Oil field services
- Environmental issues
- National Oil Companies (NOC’s)
- Contemporary issues
The Oil and Gas Accounting School is designed to provide participants with a valuable insight into the key accounting concepts in accounting for upstream oil and gas companies. The School provides participants with a more in-depth level of learning for industry knowledge and more detailed understanding of the technical and complex issues impacting the industry. The areas covered are as follows:
Introduction – Basic accounting principles for O&G companies
Cost capitalization – successful efforts versus full cost method
Reserves estimation
Depletion, depreciation and amortization
Decommissioning
Ceiling tests
Financial instruments
Joint venture and risk sharing
agreements
IFRS for O&G companies