Course Overview
Petroleum economics is one of the most influential players in the world economy, so having a comprehensive understanding of this vital area is key for anyone working within the oil and gas or energy industries.
The course in Petroleum Economics is the ideal course for both individuals and corporate groups to develop this crucial knowledge.
This course also aims to provide an overview of the petroleum sector so that participants may understand the oil operations and business, from upstream to downstream, and identify economic challenges.
Key Learning Outcomes
By the end of this training course, the attendees will:
- Describe the different types of energy resources (conventional, unconventional, renewable & fossil),
- Interpret the evolution of the factors affecting the energy supply and demand (crude prices, technology, reserves, geopolitics, geography, environment, etc.).
- Identify the actors of the energy scene and their strategic guidelines.
- Describe the main steps of the upstream sector.
- Distinguish the different types of oil contracts and explain the main economic criteria to evaluate a project.
- Summarize the operation of the physical and financial oil markets.
- Explain the evolution of the refining sector and of the petroleum product markets.
Target Audience
This course is geared towards people from the energy and petroleum sectors, industrial partners, businessmen, and financiers, as well as public administration staff.
Methods of Delivery
This course has been specifically designed to include:
- Presentation.
- Practical exercises.
- Highly interactive group sessions.
- Case study on the economic evaluation of an E&P project.
Course Details
- Course Date: 27-29 September 2020
- Number of Days: 3 Days
- Timing: 9:00 AM- 1:00 PM
- Language of the Course and Material: English
- Venue: Hotel Venue/ Virtual Training
