DE0923 : Petroleum Project Economics & Risk Analysis

 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 Petroleum Project Economics & Risk Analysis. It covers the importance of petroleum project economics and its role in decision-making; the basic principles of economics in petroleum; the petroleum fiscal, time value of money and key performance indicators; the exploration costs, development costs, operating costs and abandonment and decommissioning costs; the price forecasting, break-even analysis and risk analysis and management; and the quantitative and qualitative risks analysis, mitigating risks in petroleum projects and portfolio management. 

 During this interactive course, participants will learn the contractual and fiscal risks; addressing risks associated with contracts, agreements and changes in government policies; the equity, debt and project finance and the importance of environmental, social and governance (ESG) in project decision-making and financial performance; the economic evaluation of shale oil, shale gas and other unconventional resources; the strategic planning in petroleum, longterm planning and integration of economic evaluation into corporate strategy; and the global energy transition, digitalization and the role of technologies like AI, IoT and data analytics in improving project economics.