Petroleum Economics
July 2 – 14, 2018

 

Course Outline:

·         Overview of E & P in oil and gas industry

·         Role of Oil and gas in the global economy

·         Factors affecting the price of oil in the global market

·         Key economic concepts of supply, demand, sunk-in cost, opportunity cost, scarcity, choice, decision making

·         Investments in the oil and gas industry ( upstream, midstream & downstream)

·         International finance

·         Evaluation of investments in the petroleum sectors

·         Processes, Equipment & Vessels used in  oil and gas production

·         Time value of money
Undiscounted measures of value, Discounted Measures of value (NPV, IRR, etc.)

·         Interpretation of measures , Investment Analysis

·         Future Values, Present Values, Annuities

·         CAPEX, OPEX, RAMEX, RISEX

·         Economic Modeling of projects based on process, equipment vessels

·         Conventional and Unconventional  (Alternative Methods)

·         Raising Capital for Investments- Debt, Equity, etc.

·         Capital Structures for Oil and Gas Companies

·         Cost of Capital

·         Determining Cost of Capital for Projects

·         Adjusting the Cost of Capital for Risk

·         Risk -Project Risk , facilities Risk, Financial Risk, Operational Risk, Legal Risk, geopolitical Risk

·         Government and Economic Divers of Risk

·         Risk Identification, evaluation

·         Risk Transfer, Mitigation

·         Enterprise Risk Management

·         Decision Making

·         Upstream Petroleum Economics – Wellhead to Pump

·         Downstream Petroleum Economics

·         Essential Offshore & Onshore Petro-Economics

·         Petroleum Trading – Economic Considerations

·         Asset Management based on Economic Considerations

·         Case Studies & Reviews

 

Who Should Attend

·         Commercial Managers, Project Managers.

·          Contract Managers, Project Engineers,

·         Finance Managers, Technical

·          Non -Technical Supervisors, Employees that will benefit from this course in carrying out their responsibilities.

 

Course Duration:   July 2 – 14, 2018  Houston

 

 

 

School of Energy & Corporate Leadership (SECOL) is a global organization  that uses award winning experts in  providing training in the areas of energy, oil, gas, petrochemicals, regulations, law, leadership, organizational development , management, finance and economics. We believe strongly in the philosophy that humans are the greatest assets of any country or organization, and therefore should be nurtured with continuous quality training to enhance productivity, efficiency, effectiveness, reliability and competitiveness. SECOL will continue to create dynamic environment for capacity building, ensuring high performance, strategic agility, and leadership that would help organizations attain their goals and enable nations optimize socio- economic growth.