HTME

COURSE OVERVIEW

TM0056 : Advanced Oil & Gas Project Economics, Risk & Decision Analysis
Advanced Oil & Gas Project Economics, Risk & Decision Analysis
OVERVIEW
COURSE TITLE : TM0056 : Advanced Oil & Gas Project Economics, Risk & Decision Analysis
COURSE DATE : Jan 12 - Jan 16 2026
DURATION : 5 Days
INSTRUCTOR : Mr. Douglas Robinson
VENUE : Madrid, Spain
COURSE FEE : $ 8800
Register For Course Outline

Course Description

This practical and highly-interactive course includes real-life case studies and exercises where participants will be engaged in a series of interactive small groups and class workshops. 
 
This course is designed to provide participants with a detailed and up-to-date overview of Advanced Oil & Gas Project Economics, Risk & Decision Analysis. It covers the development economics, uncertainty in investments, risks and uncertainties; setting-up spreadsheet calculations using Excel and handling uncertainty in petroleum projects; the different economic terms used in the oil and gas industry; the expected value concept and its impact on decision tree analysis; the economic evaluation of oil and gas projects; quantifying project costs and benefits; assessing and quantifying risks in oil and gas projects; the risk mitigation and contingency planning; and managing project risk throughout the project lifecycle. 
 
During this interactive course, participants will learn the decision analysis techniques; the capital budgeting, project cash flows and capital expenditures; the project financing process and the types of project financing available for oil and gas projects; the importance of financial risk management in project financing; the strategies for structuring and negotiating project financing; the oil and gas investment opportunities, portfolio management and project portfolios; evaluating the performance of oil and gas projects; and improving project, performance, effectiveness, continuous improvement and optimization of oil and gas projects. 
 

link to course overview PDF

TRAINING METHODOLOGY

This interactive training course includes the following training methodologies:

Lectures
Practical Workshops & Work Presentations
Hands-on Practical Exercises & Case Studies
Simulators (Hardware & Software) & Videos

In an unlikely event, the course instructor may modify the above training methodology for technical reasons.

VIRTUAL TRAINING (IF APPLICABLE)

If this course is delivered online as a Virtual Training, the following limitations will be applicable:

Certificates : Only soft copy certificates will be issued
Training Materials : Only soft copy materials will be issued
Training Methodology : 80% theory, 20% practical
Training Program : 4 hours per day, from 09:30 to 13:30

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