Venue:  London (UK)  //   Dubai

Price & Duration:  2 Weeks  //  1 Week

Prices: 

 $ 4,900 for 1 Week

 $ 8,000 for 2 weeks

Dates: To be agreed with clients

IIntroduction

Exploration and Production companies often must evaluate their potential E&P investment using proper present value analysis of expected future cashflows. From the projected cashflows and required investments, the annual rate of return and other project economic indicators can be extracted to evaluate the significance of company investment.

This training seminar provides practical guidance in the application of the techniques of the economic analysis currently used in the Oil & Gas industry. When executing a petroleum related project, one should be able to choose the best alternative from economic point of view as well as to properly evaluate various investment opportunities by determining economic indicators and sensitivity analysis.

Techniques for predicting profit, production, costs, and cashflow 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, enhances the quality and the value of economic analysis.

This training seminar will highlight:

• Familiarization with the application techniques of the economics analysis in the Oil & Gas industry
• Petroleum related project evaluation methods
• Screening of the petroleum projects based on evaluating the investment opportunities
• Identifying the risks and uncertainties of the project
• Application of risk management methods in mitigating the identified risks of the project
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Organisational Impact

By sending delegates on the training seminar in Petroleum Project Economics and Risk Analysis, your organization will benefit by:

• Participants learn about the application of economic valuation and risk assessment processes and techniques within the global Oil & Gas industry
• Help the participants to identify and analyse the risk involved in a petroleum related project
• Help the participants to apply the decision-making procedures to justify the petroleum projects in term of profitability
• Help the participants to recognize the uses of options in the ranking criteria to select and execute the high profitable project
• Putting values to the Oil & Gas companies’ active project through interpretation of economic results of applied case studies
• Help participants to recognize and identify the influencing parameters for oil and gas field developments

Who Should Attend?

This training course is designed to provide technical and practical approaches to executing a petroleum related project in upstream sector.

This training course is suitable to a wide range of professionals but will greatly benefit:

Oil & Gas Field Engineers, Managers; Auditors, Planners and Financial Analysts