About this Training Course 

The course will introduce participants to petroleum economics in the upstream oil and gas business, providing them with the knowledge, language and tools to improve their commercial business awareness and to sharpen their focus on value creation. The course will enable them to understand the vital role petroleum economics plays in the E&P industry.

It guides management of National OilCompanies and International Oil companies in decision making when it comes to awarding Petroleum Contracts, Acquiring Assets, Field Development Plans and Gas Sales Agreements and Final Investments Decisions; amongst others.

This program brings together the process of Petroleum economic; explaining how the inputs from geology, petroleum engineering, Front End Engineering and cost engineering are utilized to perform petroleum economics and how the results are utilized by management of oil & gas in their decision making process.