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Showing posts from November, 2013

UNDERSTANDING OF THE ESSENTIALS UPSTREAM PETROLEUM BUSINESS PROCESS AND FISCAL SYSTEMS IN INDONESIA AND OTHER COUNTRIES

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UNDERSTANDING OF THE ESSENTIALS UPSTREAM PETROLEUM BUSINESS PROCESS AND FISCAL SYSTEMS IN INDONESIA AND OTHER COUNTRIES August , 26th – 2 8th 2015 – Yogyakarta Course Objectives    : Petroleum industry is the world’s largest industry, in terms of value as well as the complexity. Capital intensive, highly regulated, and very sensitive to geopolitical changes and world economic condition caused the petroleum industry as the most risky industry.   The petroleum operations are classified as being either upstream or downstream. Upstream activities include exploration, acquisition, drilling, developing, and producing oil and gas. Upstream activities generally include all of the activities involved in finding and producing oil and gas up to the initial point that the oil or gas is capable of being sold or used. Upstream activities are frequently referred to as exploration and production activities, or E&P activities. The focus of the program is on practical as

OIL AND GAS PIPELINE RISK AND INTEGRITY MANAGEMENT

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OIL AND GAS PIPELINE RISK AND INTEGRITY MANAGEMENT December, 18 th – 20 th 2013, Sheraton Hotel Bali   Training Course Description Pipeline Integrity Management System (PIMS) is the most current and modern integrated management system to insure business continuity, public and environmental safety for gas pipeline transportation operation for both distribution and transmission pipelines.   The purpose of PIMS implementation is to manage the risk to the acceptable levels.   Therefore, as a backbone of any PIMS program, the risk assessment methodology is of critically important and will be discussed in more specific details including pipeline damage mechanism, pipeline failure modes analysis, and formulation of pipeline probability of failure and consequence of failures followed by risk categorization.   The training will also cover detail integrity assessment, inspection, maintenance and repair plan. To enhance the coverage, PIMS is usually combined with geograp

Upstream Petroleum Accounting To Enhance COST Awareness in Performing Tasks FOR NON ACCOUNTANT

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Upstream Petroleum Accounting To Enhance COST Awareness in Performing Tasks FOR NON ACCOUNTANT December, 11th - 13th   2013, Tentrem Hotel Yogyakarta Course Objectives ·          To explain and describe the essentials aspect of accounting in upstream petroleum operation ·          To explain comprehensively what is cost related to upstream petroleum operation ·          To learn how to calculate Depreciation, Depletion and Amortization of Capital Assets   This course is designed for those interested in learning about accounting aspects of upstream petroleum operation as an additional working knowledge to support his or her assignments. Concepts and theory are presented in such a way that will invite participants to be actively involved in the discussions. The presentation of related cases and discussion of current issues are intended to help participants in turning the theory into practical knowledge. Course Content 1.     Introduction to Petroleu