EXECUTIVE SUMMARY
This course, Petroleum Project Economics & Risk Analysis, is designed to equip professionals with the skills to evaluate and manage the economic and risk aspects of petroleum projects. It combines theoretical knowledge with practical applications, delivered by global experts. Whether you choose online training or in-person courses, this program offers flexible learning options to suit your schedule.
INTRODUCTION
The petroleum industry is highly complex, requiring a deep understanding of project economics and risk management. This course provides participants with the tools to make informed decisions, optimize project value, and mitigate risks effectively. It is ideal for professionals seeking to enhance their expertise in this critical field.
COURSE OBJECTIVES
- Understand the fundamentals of petroleum project economics.
- Learn to perform cash flow analysis and economic evaluations.
- Develop skills to assess and manage project risks.
- Gain insights into decision-making under uncertainty.
- Apply best practices in project valuation and investment planning.
TARGET AUDIENCE
This course is tailored for:
- Petroleum engineers
- Project managers
- Financial analysts
- Risk management professionals
- Industry consultants
COURSE OUTLINE
Day 1: Introduction to Petroleum Economics
- Overview of petroleum project lifecycle
- Key economic concepts and metrics
Day 2: Cash Flow Analysis
- Building cash flow models
- Discounted cash flow (DCF) techniques
Day 3: Risk Analysis Fundamentals
- Types of risks in petroleum projects
- Qualitative vs. quantitative risk assessment
Day 4: Advanced Risk Management
- Monte Carlo simulations
- Sensitivity and scenario analysis
Day 5: Decision-Making and Investment Planning
- Decision trees and real options
- Case studies and practical applications
COURSE DURATION
This course is available in different durations: 1 week (intensive training), 2 weeks (moderate pace with additional practice sessions), 3 weeks (comprehensive learning experience). The course can be attended in-person or online, depending on the trainee's choice.
INSTRUCTOR INFORMATION
This course is delivered by expert trainers from different parts of the world, bringing global experience and best practices.
F&Q
- Who should attend this course? Petroleum professionals seeking to enhance their economic and risk analysis skills.
- What are the key benefits of this training? Gain practical skills in project valuation and risk management.
- Do participants receive a certificate? Yes, all participants will receive a certificate upon successful completion of the course.
- What language is the course delivered in? The course is available in English and Arabic.
- Can I attend online? Yes, you can attend in-person, online, or in-house at your company.
