About this Training Course 

This 5-day course is essential for participants looking to accelerate or enhance their understanding of upstream oil and gas decision analysis, the elements of exploration economics, international E&P agreements and the impact of financial assumptions on the terms in these agreements. Upstream oil and gas decision making is becoming more critical today, as there is a shift towards more capital-intensive projects and costly resources, with many new oil and gas discoveries in the border line of commerciality. Both the national and international oil & gas companies share a huge responsibility to ensure effective stewardship and market application of oil and gas resources. Clear commercial acumen is crucial as the industry moves toward more complex and sophisticated oil and gas projects in challenging environments (for example; deep-sea exploration, geographically remote fields, smaller discoveries and exploitation of unconventional resources).