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Petroleum Business
Economics of Worldwide Petroleum Production
A practical introduction to choosing and evaluating petroleum investments at project, corporate and international level. Participants learn what common investment criteria actually measure and how to forecast profit, production, operating cost and cash flow. These tools support comparison of alternatives and more profitable decisions.
- Discipline
- Petroleum Business
- Level
- Foundation
- Duration
- Flexible length
- Formats
- Classroom, In-house
Every course can be delivered in-house and tailored to your organisation.
Who should attend
Managers, supervisors and operating staff concerned with costs, budgets, profitability and the economic analysis of petroleum production.
What participants will be able to do
- Apply cash flow techniques to economic evaluation
- Compare and select investment opportunities
- Account for risk and uncertainty using models
- Evaluate decision alternatives with forecasting techniques
- Assess how individual projects affect the wider company
Topics covered
- Investment criteria
- Cash flow analysis
- Production and cost forecasting
- Risk and uncertainty
- International petroleum economics
- Corporate impact of projects