When executing a petroleum-related project, such as field development, you should be able to choose the best alternative from an economic point of view. You should be able to properly evaluate various investment opportunities by determining economic indicators and sensitivity analysis.
Techniques for predicting profit, production, costs, and cash flow enable the analyst to evaluate decision alternatives for optimum results. Understanding economic indicators, risk and uncertainty, different economic structures such as tax regimes and production sharing contracts, enhance the quality and the value of economic analysis.
This Petroleum Project Economics & Risk Analysis training course provides practical guidance in the application of the techniques of the economic analysis currently used in the Oil & Gas industry.
At the end of the Petroleum Project Economics and Risk Analysis training course, you will be able to:
- Understand various economic terms used in the Oil & Gas industry
- Understand how to develop economic models of various petroleum fiscal regimes
- Carry out cashflow analysis, different economic analyses for petroleum related project and determine economic indicators
- Evaluate and quantify risks and uncertainties
- Make the right investment decision in the presence of risk
- Carry out a comprehensive economic evaluation study for any petroleum related project including risk analysis and sensitivity study using spreadsheet
- Contribute to the petroleum project investment within a solid economic system and do a detailed economic evaluation
- Contribute to the decision-making process for any petroleum related project
The Petroleum Projects Economics & Risk Analysis training course is designed for:
- Petroleum/Reservoir Engineers who want to determine the profitability of producing new discoveries
- Engineers, geologists, economists, accountants, technicians who need to learn how to conduct economic evaluation and to understand the role of petroleum economics in investment decision making
- Supervisors & managers in the Planning, Exploration, Production, Projects, Financing and Projects Departments in Oil & Gas Companies who are involved in making field development decisions.
Our courses in Dubai are held at the LPC office located at:
Once you register, we will subsequently send you the course details, including the location, trainer, and other logistical information.
Pay Attention, Please! The course location at our offices is subject to availability. Should our office be unavailable, we will secure an alternative nearby venue and promptly inform you of the change. The exact time and location will be confirmed one week prior to the course commencement.
