The petroleum industry must constantly face new challenges. Oil and gas companies should create value with uncertain prices, technical and environmental obstacles, and increasingly hard-to-find resources in a complex global trade system. In this this PetroKnowledge training course, we discuss the art and science of decision making in modern petroleum organizations with an emphasis on methods, data analytics, and human aspects. The PetroKnowledge course covers applications from oil and gas exploration and production to midstream and downstream projects.
For an effective learning experiences, we use Microsoft Excel, and to some extent, Spreadsheet simulation software.
This PetroKnowledge training course will highlight:
We aim to enhance participants’ understanding of decision making by focusing on data, methods, and behavioral aspects. We explore the role of intuitive versus analytical reasoning in decision-making. We will also discuss how sound approaches to decision-making can influence sustained development and innovation in the petroleum business.
At the end of this PetroKnowledge training course, you will:
This PetroKnowledge training course is useful for analysts, engineers, and managers involved in the data gathering, processing, interpretations, and supporting decisions. In short, all of us.
This PetroKnowledge training course is suitable to a wide range of professionals but will greatly benefit:
We use a series of lectures and discussions to present the concepts and material. Analytics are valuable only when they affect the decisions, therefore, in addition to the lectures we also undertake computer modeling and analysis. We use MS Excel, its statistical package, and its optimization add-in called Solver.
To support the lectures, we will also supply the participants with a series of videos, course slides, and supplementary reading material helping the learning process.
Improving analysis and decision-making skills creates value for organizations. In essence, the only function of any organization is making business decisions. This course prepares individuals for the challenges of real world-decisions, from highly uncertain, data-scarce situations to information-rich environments.
This PetroKnowledge training course trains individuals that:
In general, more informed analysis leads to more informed decision making. The set of skills that this PetroKnowledge training course offers prepares individuals for a more effective role within the organization. This PetroKnowledge training course:
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.
Searching our database...
Finding the best matches for you
We couldn't find anything matching ""
Try adjusting your search terms or browse our suggested topics
