Petroleum Policy & Economics - Virtual Learning
Course Methodology
This training course uses an interactive learning environment where participants actively engage in discussions, case studies, and practical exercises to reinforce learning key concepts. The instructor brings extensive academic and consulting experience to the table. He blends robust concept descriptions with learning through real-world examples and applications. Ideas are presented clearly, fostering a "learning for doing" approach, so participants can confidently apply their knowledge to solve complex project challenges.
Course Objectives
Petroleum industry is the realm of large bets with uncertain outcomes. Yet as John A. Shedd mentions "A ship in the harbor is safe, but that is not what ships are built for."
At the end of this Petroleum Policy & Economics training course, you will learn to:
- Analyze petroleum industry landscape and trends to understand global shifts
- Evaluate project profitability and risk techniques to optimize investment decisions
- Assess energy transition impacts on economics to adapt future strategies
- Apply cash flow modeling and investment measures to accurately gauge performance
- Manage project risks using advanced simulations to quantify uncertainty effectively
- Develop strategic decision insights by evaluating project options to maximize value
- Recommend optimal investment scenarios using analysis to guide key choices
- Address oil and gas analytical challenges to enhance problem-solving capabilities
Target Audience
This training course benefits anyone involved in making or supporting project decisions within the oil and gas industry. It is specifically beneficial for project managers, financial analysts, engineers (Project, Petroleum, Operations), risk analysts, business development managers, investment analysts, operations managers, portfolio managers, strategic planners, and anyone involved in the process of project decision-making.
This Gulf Rowad Petroleum Policy & Economics training course is suitable to a wide range of professionals but will greatly benefit:
- Project Managers
- Financial Analysts
- Engineers (Project, Petroleum, Operations)
- Risk Analysts
- Business Development Managers
- Investment Analysts
- Operations Managers
- Portfolio Managers and Strategic Planners
Target Competencies
Organisational Impact
Employees with the knowledge and skills of this training course contribute to better decision-making that benefits everyone by optimizing project economics, improving resource allocation, and mitigating financial risks. Furthermore, understanding petroleum policy development and economics adds strategic value and strengthens the organization's competitive advantage. This improves the long-term financial sustainability of the organization in the dynamic oil and gas and energy industry.
- Employees make informed, prudent decisions
- Project risks are better assessed and managed
- Project profitability is enhanced through better analysis
- Resource allocation improves, maximizing return on investments
- Competitive advantages and financial sustainability are strengthened
Personal Impact
This training course significantly enhances participants’ decision-making and analytical skills, empowering them to navigate complex and uncertain situations even beyond the petroleum industry landscape. By mastering key tools like financial modeling, risk assessment, and strategic planning, employees will develop a broader skillset that leads to more career growth opportunities. The specialized knowledge gained in project economics and decision analysis will not only increase their value to the company but also strengthen their expertise in the oil and gas and energy industry. This training course
- Enhances decision-making and analytical skills
- Empowers navigating complex, uncertain situations
- Broadens skillset for career growth
- Increases value to their company
- Strengthens industry expertise
Course Outline
Industry Foundations, Policy Context & Economic Principles
- Global petroleum industry landscape and long-term trends
- Government policy and its impact on industry structure
- Analytical challenges unique to oil and gas projects
- Introduction to project decision analysis
- Scenario Analysis for better decision making
Fiscal Regimes, Cash Flow & Sensitivity
- Understanding petroleum fiscal regimes and their impact
- Cash flow modeling components for oil and gas projects
- Core profitability measures (NPV, IRR, Payback)
- Impact of commodity price forecasts and policy changes on cash flows
- Techniques for sensitivity analysis
- Tutorial: Daisy Project embedded green technology in petroleum production
Policy Risk, Quantitative Risk Management
- Project risks, including political and regulatory risks
- Introduction to decision trees for sequential decision analysis
- Applying decision trees to evaluate project options under risk
- Principles of Monte Carlo simulations for quantifying uncertainty
- Probability distributions for key uncertain variables, including policy-related uncertainties
- Tutorial: field development for Enceladus project
Energy Policy, Advanced Risk & Strategic Insights
- Running and interpreting Monte Carlo simulations using software
- Energy transition and related energy policies
- Policy incentives/disincentives affecting economics of decisions
- Strategic decision-making insights for long-term project value
- Evaluating complex project options in a dynamic market
Policy-Driven Recommendations & Outlook
- Integrating economic analysis, risk assessment, and strategic insights
- Robust decision recommendations based on comprehensive analysis
- Upcoming Developments in energy landscape: shale boom
- Upcoming Developments in energy landscape: Emission Allowance Markets
- Software models for advanced decision support
- Capstone exercise: Formulating and presenting strategic project recommendations
2026 Schedule & Fees
| Date | City | Language | Price | Action |
|---|---|---|---|---|
| 28 Jun - 02 Jul, 2026 | Online | English | USD 2,000 | Book |
| 28 Jun - 02 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 05 Jul - 09 Jul, 2026 | Online | English | USD 2,000 | Book |
| 05 Jul - 09 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 12 Jul - 16 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 12 Jul - 16 Jul, 2026 | Online | English | USD 2,000 | Book |
| 19 Jul - 23 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 19 Jul - 23 Jul, 2026 | Online | English | USD 2,000 | Book |
| 26 Jul - 30 Jul, 2026 | Online | English | USD 2,000 | Book |
| 26 Jul - 30 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 02 Aug - 06 Aug, 2026 | Online | English | USD 2,000 | Book |
| 02 Aug - 06 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 09 Aug - 13 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 09 Aug - 13 Aug, 2026 | Online | English | USD 2,000 | Book |
| 16 Aug - 20 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 16 Aug - 20 Aug, 2026 | Online | English | USD 2,000 | Book |
| 23 Aug - 27 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 23 Aug - 27 Aug, 2026 | Online | English | USD 2,000 | Book |
| 30 Aug - 03 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 30 Aug - 03 Sep, 2026 | Online | English | USD 2,000 | Book |
| 06 Sep - 10 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 06 Sep - 10 Sep, 2026 | Online | English | USD 2,000 | Book |
| 13 Sep - 17 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 13 Sep - 17 Sep, 2026 | Online | English | USD 2,000 | Book |
| 20 Sep - 24 Sep, 2026 | Online | English | USD 2,000 | Book |
| 20 Sep - 24 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 27 Sep - 01 Oct, 2026 | Online | English | USD 2,000 | Book |
| 27 Sep - 01 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 04 Oct - 08 Oct, 2026 | Online | English | USD 2,000 | Book |
| 04 Oct - 08 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 11 Oct - 15 Oct, 2026 | Online | English | USD 2,000 | Book |
| 11 Oct - 15 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 18 Oct - 22 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 18 Oct - 22 Oct, 2026 | Online | English | USD 2,000 | Book |
| 25 Oct - 29 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 25 Oct - 29 Oct, 2026 | Online | English | USD 2,000 | Book |
| 01 Nov - 05 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 01 Nov - 05 Nov, 2026 | Online | English | USD 2,000 | Book |
| 08 Nov - 12 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 08 Nov - 12 Nov, 2026 | Online | English | USD 2,000 | Book |
| 15 Nov - 19 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 15 Nov - 19 Nov, 2026 | Online | English | USD 2,000 | Book |
| 22 Nov - 26 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 22 Nov - 26 Nov, 2026 | Online | English | USD 2,000 | Book |
| 29 Nov - 03 Dec, 2026 | Online | English | USD 2,000 | Book |
| 29 Nov - 03 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 06 Dec - 10 Dec, 2026 | Online | English | USD 2,000 | Book |
| 06 Dec - 10 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 13 Dec - 17 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 13 Dec - 17 Dec, 2026 | Online | English | USD 2,000 | Book |
| 20 Dec - 24 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 20 Dec - 24 Dec, 2026 | Online | English | USD 2,000 | Book |
| 27 Dec - 31 Dec, 2026 | Online | English | USD 2,000 | Book |
| 27 Dec - 31 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
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