The Managing and Minimizing Abandonment Cost Liabilities training is designed to equip professionals with the skills to effectively handle the financial risks associated with well abandonment and decommissioning projects. By focusing on early cost estimation and identifying key cost drivers, participants will learn how to minimize liabilities and avoid unnecessary financial strain. This course draws from real-world examples, offering valuable insights on how to manage uncertainties and implement industry best practices to ensure compliance and cost efficiency.
Participants will gain expertise in building comprehensive cost estimates, managing risks through strategic planning, and applying effective techniques to reduce both short- and long-term costs. With a focus on improving financial decision-making, this training provides the essential tools needed to enhance liability management and achieve better financial outcomes for decommissioning projects.
By the end of this course, participants will be able to:
The Course is designed for
Day 1 (9.00am-1.00pm)
Types of Estimate
Parametric and Analogous Estimates and their limitations
Estimation Tutorial
Risk Register Tutorial
This course provides a very enriching learning experience to the participants and encourages them to actively participate in the proceedings. The 2-way communication principle is adopted whereby the delegates learn from the industry experience of the Trainer and at the same time are given opportunity to express their views and ideas. Depending on the expertise and capability of participants they would even be encouraged to present the learning during the course by themselves with a view to optimize the retention of the knowledge shared by the Trainer/ Facilitator.
The instructional format capitalizes on a careful balance of formal lectures by the Trainer and individual/ group exercises/ workshops. The Program will use following learning methods/ techniques:
Presentations by the participants to give them confidence and for determining their understanding of the contents taught.
MUHAMMAD SALIM JANDULA
MS Industrial Engineering Mississippi State University
MBA from Institute of Business Administration
BE Mechanical Engineering from NED University of Engineering & Technology
Jandula is a Professional Development Trainer/ Speaker and a Mentor. He speaks on Operational Excellence, Safety Leadership and Oil and Gas Business Dynamics.
Jandula has demonstrated Safety Leadership, Training & Development, Mentoring and Communication Skills during his 30 years Operational and Training experience in Energy/ Oil & Gas and Manufacturing sectors. Apart from imparting Training, he has held Practical Leadership Roles in Plant Operations, Joint Ventures, Field Management and Procurement & Logistics.
A Professional Mechanical Engineer with Masters from USA and an MBA, Jandula has collaborated/ worked with Global Players/ Multinationals like Eni, OMV, MOL, PGNig, PPL (Formerly Burma Oil Company UK), and Al-Futaim UAE etc. Following are some of his major achievements:
A partial list of delegates in his previous programs/ conferences include companies such as:
Among his participants, Jandula is known for his pleasing personality and applicable tools and interactive style of presentation.
He is able to cross refer the training contents with the real life work situations and uses a wide variety of specific industry case studies. He encourages the delegates to actively participate in the proceedings and uses workshops and role play models to enable the participants grasp the concepts and apply in their respective work areas when they go back to work after attending the trainings.
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We have a faculty of specialist and can cater to your organisation's different levels and specific needs.
For training and advisory services, feel free to contact us at info@itrainingexpert.com or call us at +603 8082 3707 | +603 8074 9056 | +6012 6869 628 | +6018 2175 123
“Trainer’s presentation style is energetic, positive. Trainer is Fabulous! Thank You.” - Elmi Muhammad Ismail, Production Operations Management, Petronas Malaysia
“Mr. Salim is very comprehensive in providing this training. I totally appreciate his knowledge and wisdom in this course”- Kamarul Johan, Director Emerging EPC Sdn Bhd
“Thank you for sharing your vast experience. I had a really good time learning new things.” - Aida Anuwi, Group HSSE, Petronas
Normal Fee | Early Bird | Group Fee |
---|---|---|
Sign up 1 pax | Sign up 1 pax | Sign up 3 pax or more |
Pay 1 day(s) before course starts | Pay 14 day(s) before course starts | Pay 1 day(s) before course starts |
MYR 2990 per pax | MYR 2600 per pax | MYR 2500 per pax |
USD 890 per pax | USD 760 per pax | USD 730 per pax |
Upon successful completion of this program, you will receive a Certificate of Achievement.
1. ONLINE PAYMENT by Credit card: You can opt to register and pay online with our latest payment integration system through our website.
2. Telegraphic Transfer- You can also opt to use GIRO or telegraphic transfer of payment via international banks.
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Feel free to talk to us today, however most suitable for you.
Mobile call/ whatsapp: +6012 6869 628 | +6018 2175 123
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Email: info@itrainingexpert.com
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