An Intensive 5-day Training Course
Advanced Energy Economics
Evaluating the Economy and Making Efficient Economic Decisions
Scheduled Dates
Classroom
| 26 - 30 May 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 16 - 20 Jun 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 01 - 05 Sep 2025 | Abu Dhabi - UAE | $5,950 | RESERVE A SEAT |
| 08 - 12 Dec 2025 | London - UK | $5,950 | RESERVE A SEAT |
Online
| 26 - 30 May 2025 | Online | $3,950 | RESERVE A SEAT |
| 08 - 12 Dec 2025 | Online | $3,950 | RESERVE A SEAT |
Would an alternative date be more suitable?
We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.
Why Choose this Training Course?
This Advanced Energy Economics training course will provide you with the essential skills to make effective economic decisions in the Energy Sector by evaluating and balancing both the Economic Benefits and Risks. It will focus on the latest economic factors affecting companies in the sector, focusing on how companies may manage changes in major economic variables such as demand, energy prices, interest rates, and exchange rates. The participants will be introduced to the latest tools and techniques, such as financial derivatives relevant to the energy sector. In addition, they will use simulation techniques to model economic returns and risk management.
This Advanced Energy Economics training course will not only provide with knowledge of the latest tools and techniques; it will also develop the skills so that the participants will be able to transfer those skills to the workplace to make a tangible benefit to your organisation.
What are the Goals?
By the end of this Advanced Energy Economics training course, the participants will learn to:
- Evaluate the economic environment to improve decision making
- Model economic decisions in the energy sector
- Make efficient economic decisions
- Recommend economic methods of finance
- Manage financial and economic risk efficiently and effectively
Who is this Training Course for?
This training course is suitable for a wide range of professionals. Still, it will significantly benefit those working in the Energy Industry with a desire to improve their knowledge of energy economics.
This Advanced Energy Economics training course is suitable to a wide range of professionals but will greatly benefit:
- Financial Professionals in the Energy Industry
- Technical Managers (Electrical Power Engineers, Maintenance Technicians, Electrical, Supervisors, Engineering Professionals, etc.) with the need for finance and economics
- Energy Project Managers
- Procurement Supply Chain Professionals
- Risk Manager and Professionals
How will this Training Course be Presented?
The training course will be utilising a variety of proven adult learning teaching and facilitation techniques that include evaluating real-world case studies from the Energy Sector, video, and lecture presentations as well as group discussions.
The participants will be encouraged to actively relate the course's principles and skills to the needs of their workplace to ensure the transfer of skills for organisational benefit.
Organisational Impact
Thistraining course is designed to provide transferable skills which will directly benefit the organisation.
As a result of sending employees to attend this Advanced Energy Economics training course, the organisational will gain:
- Staff with economic knowledge and understanding
- Informed staff and engaged with the latest developments
- Improved risk management
- Staff with knowledge of the latest tools and techniques
- Improved performance with staff better able to meet customer needs
- Improved finance and risk management culture
Personal Impact
This training course is designed to give participants the skills required to aid their personal development.
As a result of attending this Advanced Energy Economics training course, the individual will gain:
- Improved analytical skills
- Improved knowledge and understanding
- The ability to apply new skills
- Up-to-date knowledge
- Legal, financial and risk management knowledge and skills
- The ability to improve their roles and career growth
Daily Agenda
Day One: The Economic Environment and The Energy Industry
- The Economic Environment
- Economic Challenges facing Governments and the Energy Sector
- Economic Evaluation of Reserves
- Making Economic Decisions in an Uncertain World
- EMV Expected Monetary Value & Decision Trees
- The Probability & Impact of Changes in Economic Variables: Interest Rates, Exchange Rates & Energy Prices
Day Two: Economic Modelling in the Energy Industry
- Revenue & Revenue Recognition
- The Impact of Energy Price Volatility
- Cost Estimation
- The Impact of Joint Venture & Production Sharing Agreements
- Working Interest, Royalties & Taxation
- Forecasting the Cashflow
Day Three: Economic Evaluation of Energy Projects
- Evaluating Accounting Profit and Return on Equity (ROE)
- Cost-Benefit Analysis: Finance V Economic Value Added
- Economic Analysis: Economic Value Added & Sustainability
- Key Economic Parameters - NPV, NPVI, IRR, Payback, Adjusted NPV & Adjusted Payback
- Cost Recovery Method
- Government Evaluation and Value for Money (VfM)
Day Four: Economic Finance & the Energy Industry
- Types of Finance
- Calculating the Cost of Capital (WACC) and the Capital Assets Pricing Model (CAPM)
- Determining the Economic Hurdle Rate
- Economic Management of Energy Projects
- Earned Value Analysis
- Budgetary Control & Cost Management
Day Five: Economic & Financial Risk Management in the Energy Industry
- Economic & Financial Risks
- Managing Economic Risk & Uncertainty
- Developing and Using a Risk Model Analysis
- What are Derivatives? - Forwards, Options, Futures & Swaps
- International Derivative Markets & Middle East Derivative Markets
- Derivatives: Risk Management Tool or Economic Risk?
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
In Association With
Frequently Asked Questions
Why PetroKnowledge?
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Who are these training courses designed for?
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
Are the courses delivered online or in person?
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Can I get a customized training course for my team?
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Are there any prerequisites for attending a course?
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
How can I enroll in a course?
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
When should I expect to receive confirmation of registration?
Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.
Will I receive a certificate after completing the course?
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
When and how do I arrange payments?
We offer two convenient payment options:
- Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
- Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.
What is the refund or cancellation policy?
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
Is there a discount for more than one registrant/course?
For corporate fees and group registration, please send your query to [email protected].
