Course Detail

Decommissioning of Offshore Oil and Gas Installations Duration: 1 Week/s

Course Information

  • Course Price £4995 Plus VAT
  • Location UK Courses
  • Course Code DOOGI
  • Course Date 2 Dec - 6 Dec 2024

Course Objectives:

This course aims to provide participants with the knowledge and skills associated with decommissioning, as well as what needs to be in place for effective and efficient decommissioning operation in their maturing provinces.

Who Should Attend?

Planners, accounting personnel in the oil and gas industry

Prerequisite Courses


Course Overview

Historical background to decommissioning
International law and decommissioning
Decommissioning in oil and gas contracts
Accounting for decommissioning
Decommissioning and international accounting standards (IAS 37)
US Statement of Financial Accounting Standard (SFAS 143)
Financing decommissioning
Decommissioning security
Decommissioning accountability
Decommissioning disputes

Learning Goal

Participants should be able to:
Develop understanding of the current technical, social and environmental issues associated with decommissioning.
Know the current international fiscal and accounting treatment of decommissioning costs.
Engage in a thorough analysis of decommissioning issues in oil and gas contracts with a view to avoiding future pitfalls.
Design a decommissioning policy for their organisations.

Course Materials

Course notes