Course description

Fundamentals of Petroleum Economics
On of the most influential players in the world economy is petroleum economics. As a result, having a clear understanding of this important area is vital for anyone working in the oil and gas or energy industries. The Fundamentals of Petroleum Economics is designed to help both corporate groups and individuals develop this crucial knowledge.
This course addresses economic analysis, risk analysis, cash flow and the valuation in the oil and gas industry. Upon completion of this course participants will know how to make better petroleum investment decisions.
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Upcoming start dates
Who should attend?
This Fundamentals of Petroleum Economics course is suitable for a wide range of professional skill sets, including:
- Economists
- Analysts
- Engineers
- Geoscientists
- Asset managers
- Accountants
- Negotiators
- Lawyers
- Financiers
- Decision-makers
Training content
This course covers the following topics:
- Cash Flow Components and Economic Indicators
- Upstream Petroleum Economics
- Midstream and Downstream Petroleum Economics
- Managing and Mitigating Uncertainty and Risk
- Sensitivities, Simulations and Decision Analysis
- Valuing Petroleum Assets, Portfolios and Companies
Costs
The cost of this Fundamentals of Petroleum Economics distance learning course is £1,599 (VAT conditions apply).
Discounts are usually available for participants booking their places early.
In-company training
IBC Academy also delivers customised training for organisations via distance learning, instructor-led workshops or blended solutions based on group size and other company-specific requirements.
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