About this Training Course
In today’s dynamic upstream environment, exploration and business development leaders face the challenge of delivering results amid capital constraints, evolving ESG priorities, and the strategic need to align portfolios with corporate growth.
Built on over 30 years of global exploration leadership, this five-day intermediate to advanced-level course equips professionals with the tools, models, and insights to design exploration business development strategies that are both technically sound and commercially executable. Participants will explore portfolio design, opportunity screening, valuation techniques (NPV, IRR, EMV), and strategic alignment of risk and investment decisions. The course also addresses leadership, capability building, and culture, critical enablers of successful execution.
A central feature is the Capstone Team Project, where participants work on a realistic portfolio scenario throughout the week, applying key concepts and presenting a strategic roadmap on the final day.
Upon completion of this course, participants will be able to:
- Design and implement a fit-for-purpose exploration business development strategy
- Align opportunity portfolios with strategic goals, risk appetite, and ESG considerations
- Apply risked portfolio modelling and valuation techniques (NPV, IRR, EMV) to enhance value and manage cost
- Assess portfolio risk, asset mix, and resource efficiency to support new business capture
- Evaluate and strengthen capability, operating models, and strategic partnerships
- Recognize the influence of leadership, culture, and behaviours on decision quality and implementation
- Measure success and manage performance across exploration and development teams
- Present a complete exploration strategy through a team-based Capstone project
This course is recommended for:
- Team Leaders and Managers in Exploration, Business Development, or New Ventures
- Technical professionals transitioning into strategic, portfolio, or planning roles
- Commercial and advisory staff involved in capital allocation, JV strategy, or opportunity screening
- Cross-functional upstream VP-level teams seeking strategic alignment
- Intermediate
- Advanced
The course is delivered through a mix of lectures, plenary discussions, and breakout sessions that encourage both technical learning and collaborative thinking. A key feature is the Capstone group project, where teams apply course concepts to a realistic scenario, supported by coaching sessions that guide project development and deepen strategic understanding.
Additional Requirement:
Participants are required to bring a laptop equipped with standard Microsoft software (Word, Excel, PowerPoint) to facilitate participation in course activities and completion of project tasks.
Unlock the potential of your workforce with customized in-house training programs designed specifically for the energy sector. Our tailored, in-house courses not only enhance employee skills and engagement but also offer significant cost savings by eliminating travel expenses. Invest in your team’s success and achieve specific outcomes aligned with your organization’s goals through our expert training solutions. Request for further information regarding our on-site or in-house training opportunities.
In our ongoing commitment to sustainability and environmental responsibility, we will no longer providing hard copy training materials. Instead, all training content and resources will be delivered in digital format. Inspired by the oil and energy industry’s best practices, we are leveraging on digital technologies to reduce waste, lower our carbon emissions, ensuring our training content is always up-to-date and accessible. Click here to learn more.


