Booking options
£3,199 - £3,299
£3,199 - £3,299
Delivered In-Person
5 days
Intermediate level
This 5-day course is structured to understand broader aspects of the future of oil & gas business and how to properly evaluate our options. The participants will become aware of the challenges the industry is going to face in the future, the impact of energy transition, strategies in light of energy transition and portfolio management.
The participants will also gain hands-on experience in investment evaluations, investment decisions, limitations of the yardsticks used in investment evaluation, accounting for risk and uncertainty in investment evaluation, how to make investment decisions using deterministic and probabilistic methods. The course involves extensive use of problem solving to reinforce the theoretical concepts.
TRAINING OBJECTIVES
On completion of this course, the participants will be able to:
Understand the future demand outlook
Assess challenges the industry is going to face in the future
Understand the energy transition and its impact on the oil and gas industry
Define risk & uncertainty in technical and business opportunities
Summarize petroleum economics techniques and indicators
How to evaluate technical and financial performance
of companies
Utilize a range of tools to combine uncertainties and
quantify risk
Evaluate technical risks in exploration and appraisal, development and production
Understand the importance of portfolio management
TARGET AUDIENCE
This course specially designed for exploration and development geoscientists, reservoir engineers, risk management executives, strategic planners, E&P economists, financial analysts and E&P asset managers. Both technical and non-technical staff will benefit from the concepts presented. Companies are encouraged to send participants from different functions and seniority levels to gain great benefits especially those which would like to implement the concepts presented in this course.
COURSE LEVEL
Intermediate
TRAINER
Your Expert Course Instructor is a globally recognised subject matter expert in petroleum/project economics and international gas market analysis. He is a recipient of the 2021 Society of Petroleum Engineers (SPE) International Management Award, an award that recognises individuals who make significant technical and professional contributions to the petroleum engineering profession and to the worldwide oil and gas industry. He has 40 years of diversified experience in petroleum engineering, reservoir engineering, project economics and decision analysis. He had been involved in evaluating multi-billion-dollar oil and gas field development, NGL, LNG, GTL, Aluminum smelter, refinery, petrochemical, power and production sharing projects. He has worked with major oil companies such as Saudi Aramco, ZADCO, Qatar Petroleum and companies in USA. He is a registered professional Engineer in the state of Colorado, USA.
Your Expert Course Instructor is the author of the following books:
Petroleum Engineering Handbook for the Practicing Engineer, Vol. I and Vol. II, published by PennWell Books, Tulsa, Oklahoma, USA.
Project Economics and Decision Analysis, Vol. I and Vol. II, published by PennWell Books, Tulsa, Oklahoma, USA. These books are used as textbooks in universities worldwide to teach petroleum economics to undergraduates and graduate students.
Tip & Tricks in Excel based Financial Modeling, Vol. 1 & 2, published by Business Expert Press, New York, USA.
He has also authored several papers in the Oil & Gas Journal, The Log Analyst, World Oil, SPE Journals, and Oil & Gas Financial Journal. He has delivered lectures in more than 25 countries around the globe. He has always received excellent feedback, as an expert presenter, from the participants of his courses.
POST TRAINING COACHING SUPPORT (OPTIONAL)
To further optimise your learning experience from our courses, we also offer individualized “One to One” coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.
Request for further information about post training coaching support and fees applicable for this.
We are proud to announce that Petroedge and PowerEdge, two leading training companies in the energy industry, is now called EnergyEdg...