Petroleum Project Economics, Risk & Decision Analysis course covers the setup of economic analysis cases, including the estimation of recoverable reserves, production profiles, commodity prices, and project costs – CAPEX, OPEX, taxes, royalties, transportation, depreciation, before-tax (BTAX) cash-flow, after-tax (ATAX) cash-flow, international fiscal regimes (production sharing agreement and concessionary system).
The course starts from the basic required parameters of inflation, interest, and the time value of money. These concepts are then transformed into profitability indicators. Last but not the least, the profitability indicators are then used to make investment decisions.
The emphasis of the course is to bridge the gap between theoretical concepts and their practical limitations. The participants will be able to appreciate the amount of information that they never thought of. In addition to this, the emphasis is also on the use of Excel’s financial functions.
On completion of the Petroleum Project Economics, Risk & Decision Analysis course you will be able to:
Learn how to reduce exposure and mitigate risks in projects and handling uncertainty
Clarify concepts such as: time value of money, cash-flow models, capital budgeting, IRR, NPV, income producing investments.
Maximize the return on investments by good decision making processes based on the commercial viability of projects
Improve your decision process, investment and opportunity analysis
Practice the hands on experience in building your own economic evaluation models and solving case study based examples
Petroleum Project Economics, Risk & Decision Analysis training course, is ideal for :
Oil & gas engineer
Our courses in Kuala Lumpur take place at the following location :
Ibis Kuala Lumpur City Centre: 132, Jalan Yap Kwan Seng, Kampung Baru, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
Once you register for this course, we will subsequently send the invoice and course information, including location, trainer, and other logistics.
Pay Attention, Please! The course location is subject to availability; the course time will be precise one week before the course start date! We may change the course location if there is no availability, and we will let you know about the location change once it happens.