solid state training solution

Financial Management for Oil and Gas Companies and Petrochemical Industries 

Monday, February 23, 2026
Category:Accounting & Finance
3 Days Dubai 9:00am – 4:00pm

Introduction

What is financial management? Financial management and control involve planning, designing, directing and controlling the financial matters of the organization. The financial management principles are used for financial assets management of the organization and fiscal side control and management. The importance of financial management in oil and gas companies is higher due to variability in cost, risk, and unpredictable oil and gas market.

The oil and gas market’s overall price and financial uncertainty can be tackled using better financial management. Efficient financial management in the oil and gas sector causes better financial planning, forecasting, utilizing, and acquiring funds. This Solid State Training on financial management will empower you with the complete skill set to become a successful expert in financial management specifically designed for Oil and gas sector. The training covers all critical financial aspects of the oil and gas industry in detail, providing an extensive learning experience so that the learner becomes confident to do financial responsibilities.

Objectives

The main objective of this training course is to empower professionals with an in-depth understanding in the following areas:

  • A comprehensive financial view of all aspects of crude oil and gas analysis
  • The required knowledge and skills to train others in crude oil analysts and traders
  • Complete clarity on various important aspects and concepts related to crude oil analysis, with a comprehensive understanding of financial implications
  • The necessary confidence, experience and knowledge about crude oil project initialization and funding
  • The awareness and understanding to identify any challenges faced during the analysis of financial matters
  • The ability and potential to promote organizational growth and development by fostering better credibility and goodwill for the organization
  • The required understanding and information of financial management is not specific to oil and gas but also contains basic knowledge of finance and accounting
  • Enhanced financial skills to identify appropriate data and draw valuable conclusions to help define better growth strategies

Training Methodology

All courses at Solid State Training are designed to match the level of the training audience. Before the start of each session, the teaching material is thoroughly reviewed to check the changes needed according to the level of attendees’ level of understanding. The training/course is taught by an experienced and professional equipped in the relevant domain. The method of two-way interaction is used in the program to encourage the audience through question-answers, group work, projects, role-plays, studying case studies related to financing in oil and gas, etc. This mixed and unique way of training by Solid State Training is known as Do–Review–Learn–Apply Model.

Organizational Impact

The concerned organization will gain the following benefits from the course:

  • Adequate financial support in organization for front-line departments
  • Better financial planning, budgeting, resource modelling and forecasting
  • Better arrangement of finance for new projects and ongoing work
  • More significant role of financial and management information in decision making
  • Strategic matters and thinking are more focused on better financial control and management
  • Long term improvement in financial statements of organization, collaborations and joint venture
  • Greater financial knowledge will decrease the burden on the finance manager and chief financial officer
  • The trained employees are prepared for the future preparation for increased responsibility

Personal Impact

Professionals taking this training will derive the following benefit:

  • A better understanding of financial and accounting which is the heart of every organization
  • Greater awareness of the oil and gas industry financial practices, software, problems and solutions
  • Increased knowledge of oil industry organization financial structure and working
  • Greater self-believe and confidence to freely work on finance and accounts
  • More chances of job switching and promotion as finance and accounting are necessary for higher-level jobs
  • Increase in job pay-out and job satisfaction by giving quality work to management
  • Greater ability and vision to oversee small financial mistakes at a lower level between teams and company fellows
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Corporate finance manager and accountants, Government and corporate financial controllers, Financial regulatory and treasury manager, Finance associates working in companies and government, Employers working with finance, receivables, payable and fixed-variable debt and assets, Auditors and accountants working in joint ventures and government subsidiaries, Internal and external auditors, Employees of government regulatory authorities and auditors, Upstream professionals in upstream oil & gas activities.