The Petroleum Project Economics & Risk Analysis course is a specialized program designed to provide professionals in the oil and gas industry with comprehensive knowledge and skills in evaluating the economic viability and associated risks of petroleum projects.
Course Schedule
Classroom Sessions:
Date
Venue
Price
29 Apr - 03 May 2025
Doha - Qatar
$ 5,950
09 - 13 Sep 2025
London - UK
$ 5,950
07 - 11 Oct 2025
Online
$ 5,950
07 - 11 Oct 2025
London - UK
$ 5,950
04 - 08 Nov 2025
London - UK
$ 5,950
16 - 20 Dec 2025
Doha - Qatar
$ 5,950
20-10-2025
London - UK
$ 5,950
Course Description
INTRODUCTION
The Petroleum Project Economics & Risk Analysis course is a specialized program designed to provide professionals in the oil and gas industry with comprehensive knowledge and skills in evaluating the economic viability and associated risks of petroleum projects. Participants will explore the essential principles of project economics, risk assessment, and decision-making within the dynamic energy sector.
WHY IT MATTERS
Data plays a critical role in project economics and risk analysis in the petroleum industry. Accurate and reliable data is essential for estimating costs, forecasting production, and assessing potential risks. The course emphasizes the importance of leveraging data for making informed decisions, conducting robust economic evaluations, and identifying and mitigating risks associated with petroleum projects.
OBJECTIVES
Provide participants with a deep understanding of petroleum project economics.
Emphasize the role of data in economic evaluation and decision-making.
Equip participants with skills for risk analysis and mitigation in petroleum projects.
Foster a proactive approach to managing uncertainties and optimizing project outcomes.
Prepare participants to contribute effectively to project decision-making and economic assessments.
WHO SHOULD ATTEND ?
This course is suitable for professionals working in the oil and gas industry, including:
Project Managers and Engineers
Petroleum Economists
Financial Analysts in the Energy Sector
Risk Analysts and Managers
Decision-makers involved in petroleum project planning and execution
Course Outline
DAY 1
Introduction to Petroleum Project Economics and Risk Analysis
Introduction to Petroleum Project Economics and Risk Analysis
Overview of the Petroleum Industry Landscape
The Role of Data in Project Decision-Making
DAY 2
Principles of Economic Evaluation in the Petroleum Industry
Principles of Economic Evaluation in the Petroleum Industry
Data-driven Cost Estimation and Financial Modeling
Cash Flow Analysis and Discounted Cash Flow (DCF) Techniques
DAY 3
Risk Assessment in Petroleum Projects
Risk Assessment in Petroleum Projects
Quantitative and Qualitative Risk Analysis
Sensitivity Analysis and Scenario Planning
DAY 4
Decision Trees and Monte Carlo Simulation for Risk Analysis
Decision Trees and Monte Carlo Simulation for Risk Analysis
Real Options Analysis in Petroleum Projects
Case Studies: Economic Evaluation and Risk Analysis
DAY 5
Regulatory and Environmental Considerations
Regulatory and Environmental Considerations
Managing Uncertainties and Project Optimization
Capstone Project: Applying Petroleum Project Economics and Risk Analysis