Scenario Planning in the Oil and Gas Industry

An Intensive 5-Day Online Training Course

Scenario Planning in the Oil and Gas Industry

Planning and Decision Making in a Volatile Industry

Scheduled Dates

04 - 08 Dec 2023 Online $3,950
19 - 23 Feb 2024 Online $3,950
14 - 18 Oct 2024 Online $3,950
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We provide a wider range of training options. Tailored and customized, we can deliver your organization’s training needs anytime, anywhere.

Why Choose this Training Course?

We cannot predict the future, but for many decades major oil and gas corporations have led the way in Scenario Planning – a process of preparing for different possible futures. This approach is about scanning the horizon for critical strategic trends and potential industry disruptors, such as political conflict, economic power shifts, new technology, alternative energy sources and social change. From these, a range of possible futures can be imagined and planned for. This enables companies to get one step ahead of the competition, grabbing new opportunities as they arise and avoiding potential catastrophes. Scenario Planning is at the heart of long-term sustainability for any corporation operating on the world stage, and with the advent of enablers, such ‘Big Data’ and Artificial Intelligence, it is a rapidly expanding discipline.

This PetroKnowledge online training course will feature:

  • Historic and state-of-the-art Scenario Planning
  • How the world’s largest oil and gas companies conduct scenario planning
  • Bringing potential future scenarios to life
  • Preparing for and adapting to potential future scenarios
  • The use of Artificial Intelligence and Big Data Analysis
  • Scenario planning as a process within the organization
  • Facilitation and reporting techniques

What are the Goals?

By the end of this Scenario Planning in the Oil and Gas Industry online training course, participants will be able to:

  • Analyze relevant economic, technological, environmental, legal and social trends
  • Understand the role of Big Data in scanning the environment
  • Develop multiple realistic potential future scenarios for your company
  • Carry out ‘What if’ analysis and prepare for future success
  • Facilitate scenario planning workshops
  • Present to board level decision-makers with impact

Who is this Training Course for?

This PetroKnowledge online 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 online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice.

Daily Agenda

Day One: What is Scenario Planning?

  • Overview of the Course
  • Scenario Planning: objectives, benefits and history
  • Scenario Planning in the Oil & Gas Industry
  • Big Picture Thinking
  • The Scenario Planning process
  • Framing the Challenge – the ‘Big Question’ to answer
  • The role of Mission, Vision and Strategy

Day Two: Creating Scenarios in the Oil & Gas Industry

  • Horizon Scanning and Early Warning Systems using Big Data
  • Identify Driving Forces in the Oil & Gas Industry
  • Facilitating Scenario Workshops
  • Define Key Uncertainties in the Oil & Gas Industry
  • Developing Scenario Frameworks
  • Computer modelling

Day Three: Developing Scenarios

  • Generate Scenarios
  • Scenario Impact Assessment
  • Name and Expand Scenarios
  • Bringing scenarios to life (Rich Pictures and Short Story ‘Vignettes’)
  • Presenting the story of a Scenario - to decision makers, executives and stakeholders
  • Quantification of Scenarios

Day Four: Using Scenarios

  • Validate Scenarios
  • Wind Tunnelling to Assess Implications
  • Integrate scenarios with existing strategies
  • Implement Strategic Plan
  • ‘What if’ Analysis
  • Identify signals of future trends

Day Five: Application in your Organization

  • Linking Scenarios to Strategy, Planning and Budgeting Processes
  • Transferring the Methodology to your Existing Strategy and Planning Process
  • Essential Soft Skills, Personal and Team Competences
  • Leading change
  • Road Mapping Next Steps
  • Evaluation of the Course


  • On successful completion of this online training course, a PetroKnowledge E-Certificate will be awarded to the delegates

Frequently Asked Questions

How can I register for a training course?

  • To register online through our website, please click “Enroll Now” on the course page, complete and submit the form. A confirmation e-mail and instructions will be sent to the participant’s e-mail.
  • You may also get in touch with our Registration Team on
    +971 50 981 7386 | +971 2 557 7389 or send an email to

When and how do I arrange payments?

  • Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the invoice.
  • Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted.
  • Invoices will be sent via email/courier to the ID/name and address provided.
  • The course fee shall be settled prior to course start date. Corporate payments with existing payment policy shall be relayed to us in advance.

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.

Is there a discount for more than one registrant/course?

For corporate fees and group registration, please send your query to

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All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

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