Online Training - POD, WP&B, AFE

DESCRIPTION Plan of Development is the key point in Oil & Gas Business of Indonesia Upstream Oil and Gas Industry. POD is a guideline for KKKS to operate their project. There is a planning program that describe of project activity during the contract. KKKS should construct the detail of program activities and budgeting (WP&B) and Financial Authorization (AFE). In the Indonesia PSC Term, POD, WP&B and AFE is the integrated aspect that every KKKS should propose to SKKMIGAS. Therefore, between SKKMIGAS and KKKS should have the same perception all about aspect of POD, WP&B and AFE especially about the basic principle, mechanism & procedure, system and operational guidance. OUTLINE

• Overview of Upstream Oil & Gas Industry
• The PSC term and conditions
• Basic Principle and general procedure and mechanism of POD, WP&B, AFE
• PSC Accounting Principle
• WP&B (The basics, Function and Explanation each Budget Schedule and linkage the Budget Schedule 1 – 17)
• Project Control Budget & Expenditure: AFE Preparation, Monitoring and Close Out (Explanation BS 18 – 26)