Petroleum project economics and risk management
Course Objectives
This highly interactive and scenario-based training program will enable you to apply a structured approach to project justification, investment appraisal and decision-making in the upstream petroleum business.
What you will learn:
- how to apply economic and risk management evaluation tools for oil and gas project proposals
- how to identify and quantify key uncertainties during field development and full life-cycle economics
- how to calculate the economic and financial viability of expenditure proposals projects under risk conditions
- how to develop a structured approach to measuring, managing and combating commercial risk
- how to assess the ranking of alternative projects 2
- how to prepare convincing project proposals in a way that will win management, partner and government approval
- how to improve project and business outcomes