By the end of this course the participant will be able to:

•   Determine steps in a project financing
•   Identify risk and allocate finance in oil gas and power projects
•   Determine sources of finance:
•   Understand  cash flow modeling and credit assessment
•   Be familiar with traditional and contemporary sources of finance
•   Determine sources of risk support
•   Understand the cross-border leasing in project finance

• Introduction: International Oil and Gas Project Finance Today:
  • The Players and Their Roles
  • What is the Appeal of this Approach?
  • Steps in a Project Financing
• Risk Identification and Allocation in Oil Gas and Power Project Financing:
  • Different Approaches/Differing Risks
  • Pipelines
  • Field Development and Platforms
  • Production Facilities
  • Refineries
  • Petrochemical Plants
  • Power Plants
• Sources of Finance:
  • A Financing Checklist
  • Domestic Borrowing vs. Loans from
  • International Banks
  • International Capital Markets: Eurobonds, Private Placements
  • Yankee Bonds
  • Export Credit Support for Loans and Bonds
  • Specialized Agencies: IFC and others
  • Leasing
  • Equity from Project Sponsors and Others
  • Derivatives Usage
• Workshop: Cash Flow Modeling and Credit Assessment:
  •   Cash Flow Analysis
  •   Building a Model: Forecasting Techniques and Limitations
  •   Perspective of the Sponsor vs. the Lenders
  •   Sensitivity Analysis
• Traditional and Contemporary Sources of Finance:
  •   Domestic and international bank loans
  •   Syndicated Loan Financing: Primary and Secondary Distribution
  •   Pricing, Flexibility, Timing
  •   What Security Do Banks Want?
  •   Offshore Accounts and Trustees
  •   Mortgages on Fixed Assets /Contract Assignments
• Projects Financed in the Capital Markets:
  •   Capital Markets and Oil and Gas Transactions:
  •   Rule 144A, Eurobond Financing, Mezzanine Finance
  •   Infrastructure Investment Funds
  •   Other Sources of Credit Enhancement: Mono-line Insurers
  •   Rating Agency Criteria
  •   Crude Oil Export Receivables Securitization
  •   Using ECAs to Access the Capital Markets
• Sources of Risk Support: 
  •   Using Export Finance Techniques in Project Finance
  •   Guarantees and Insurance
  •   Funding and Interest Equalization
  •   Bank Incentives Inherent in ECA Programs
  •   Costs and Availability
• Cross-Border Leasing in Project Finance:
  •   Objectives and Structures
  •   Costs and Calculations
  •   Applications in Project Finance
  •   Example: Using Lease Finance for a Power Plant

The Scandinavian Academy employs modern methods in training and skills development, enhancing the efficiency of human resource development. We follow these practices:

• • Theoretical Lectures: 
    • We deliver knowledge through advanced presentations such as PowerPoint and visual materials, including videos and short films.
• Scientific Assessment:
  • We evaluate trainees skills before and after the course to ensure their progress.
• Brainstorming and Interaction: 
  • We encourage active participation through brainstorming sessions and applying concepts through role play.
• Practical Cases:
  • We provide practical cases that align with the scientific content and the participants specific needs.
• Examinations: 
  • Tests are conducted at the end of the program to assess knowledge retention.
• Educational Materials:
  • We provide both printed and digital scientific and practical materials to participants.
• Attendance and Final Result Reports:
  • We prepare detailed attendance reports for participants and offer a comprehensive program evaluation.
• Professionals and Experts: 
  • The programs scientific content is prepared by the best professors and trainers in various fields.
• Professional Completion Certificate: 
  • Participants receive a professional completion certificate issued by the Scandinavian Academy for Training and Development in the Kingdom of Sweden, with the option for international authentication.
• Program Timings:
  • Training programs are held from 10:00 AM to 2:00 PM and include buffet sessions for light meals during lectures.