An Intensive 5-day Training Course
Scenario Planning in the Oil and Gas Industry
Scheduled Dates
Classroom
| 26 - 30 Jan 2026 | London - UK | $5,950 | RESERVE A SEAT |
| 21 - 25 Sep 2026 | London - UK | $5,950 | RESERVE A SEAT |
| 09 - 13 Nov 2026 | Amsterdam - The Netherlands | $5,950 | RESERVE A SEAT |
Online
| 23 - 27 Mar 2026 | Online | $3,950 | RESERVE A SEAT |
| 01 - 05 Jun 2026 | Online | $3,950 | RESERVE A SEAT |
| 12 - 16 Oct 2026 | 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?
With increased volatility of oil and gas prices, changing regulations, (geo)political conflicts and new technologies, planning and decision making in the oil and gas industry requires the use of multiple scenarios and real option valuation techniques to maximize potential upside and minimize potential downside. Over the last four decades the scenario planning has become the planning methodology of choice by all major players in the field. Featuring the latest artificial intelligence and dynamic planning tools, this PetroKnowledge training course will enable you to help your company to outsmart the competition.
This training course will feature:
- The history and state of the art scenario planning
- The use of Artificial Intelligence and Big Data Analysis
- Real option valuation techniques to help decision making (both up- and downstream)
- Scenario planning as a process within the organization
- Facilitation and reporting techniques
What are the Goals?
By the end of this training course, participants will be able to:
- Analyze relevant economic, technological, legal and social trends using big data analysis
- Develop multiple realistic scenarios for your company
- Create scenarios for planning and decision making purposes
- Facilitate scenario planning workshops
- Present to board level decision makers with impact
Who is this Training Course for?
This PetroKnowledge training course is for current and future planners, strategists, analysts and economists on project, division and corporate level within the oil and gas industry, but also for investment banks and investors. Individuals who are seeking for a future C-lever executive position.
This training course is suitable to a wide range of professionals but will greatly benefit:
- Planners
- Investment analysts
- Strategists
- Economists
- Future executives
- Oil and Gas executives
How will this Training Course be Presented?
This training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes lectures explaining the theory, methodology and history, “war stories”, examples and case studies from inside and outside the industry (including videos), and “hands on” practice. Participants will develop their own scenarios during the course and will get feedback.
Daily Agenda
Day One: History and Theory of Scenario Planning
- Overview of the course
- Introductions
- History of Scenario planning
- Theory of scenario based strategy
- Trend analyses using Artificial Intelligence and Big Data
- Horizon scanning and early warning systems
Day Two: Exploring the World of Oil & Gas
- Case studies and examples
- Defining predetermined elements and key uncertainties
- Deep dive: Modelling
- Developing Scenario frameworks
- Facilitating scenario workshops
Day Three: Developing Scenarios
- Steps in developing scenarios and the Power of Stories
- Creating narratives and timelines
- Quantification of scenarios
- Integrating Qualitative and Quantitative Material
- Presenting Scenarios to decision makers, executives and stakeholders
Day Four: Using Scenarios (Real Options)
- Introduction to Real Options Theory
- Call and put options in up- and downstream investments
- Stress testing and wind tunneling existing strategies
- Developing real options to minimize downside risk and maximize upside potential
- Quantification of options using a binominal approach
- Using Options Theory to valuate investments and support decision making
Day Five: Strategy, Planning and Taking it Home
- Linking scenarios and options to strategy, planning and budgeting processes
- Transferring the methodology to your existing strategy and planning process
- Essential soft skills, personal and team competences
- Road mapping next steps
- Evaluation of the course
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
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Frequently Asked Questions
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.
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.
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
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.
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.
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]
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.
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.
Pre-Course Cancellation
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.
Refund Policy Disclaimer
All course bookings made through PetroKnowledge are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.
PetroKnowledge reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.
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.
For corporate fees and group registration, please send your query to [email protected].
