An Intensive 5-day Training Course
Upstream Petroleum Economics,
Risk and Fiscal Analysis
Maximizing Profitability and Managing Risks in the Upstream Oil and Gas Industry
Scheduled Dates
Classroom
| 16 - 20 Jun 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 08 - 12 Sep 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 15 - 19 Sep 2025 | Lisbon - Portugal | $5,950 | RESERVE A SEAT |
| 22 - 26 Dec 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 02 - 06 Feb 2026 | London - UK | $5,950 | 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?
PetroKnowledge offers a specialized training course on upstream petroleum economics, risk, and fiscal analysis of the upstream petroleum sector, providing participants with a robust understanding of the financial and economic factors that influence upstream oil and gas operations. Crafted meticulously, this upstream petroleum training course aims to instil participants with an in-depth knowledge of critical economic and financial constructs underpinning the upstream oil and gas sector. It delivers key insights into the petroleum value chain, from exploration to production, focusing on risk management strategies and fiscal analysis.
Participants will learn how to assess and handle the typical risks associated with exploration and production, along with understanding investment dynamics within the industry. The training course aims to equip attendees with practical skills to evaluate the financial prospects and profitability of potential projects comprehensively.
Introduction
The training course will cover upstream petroleum economics, risk management, and fiscal analysis. Participants will learn how to analyze and manage risks associated with exploration, production, and investment activities and conduct financial analysis to evaluate the profitability of different projects.
By the end of this PetroKnowledge Upstream Petroleum Economics, Risk and Fiscal Analysis training course, participants will be able to:
- Understand the critical economic and financial concepts that drive the upstream oil and gas industry, including the upstream petroleum value chain, fiscal systems, and financial metrics.
- Analyze and manage risks associated with upstream oil and gas operations, including exploration, production, and investment activities.
- Conduct financial analysis to evaluate the profitability of different projects, using techniques such as cash flow analysis, time value of money, and sensitivity and scenario analysis.
- Evaluate and select profitable projects using capital budgeting techniques and investment criteria.
- Apply the concepts learned in real-world situations by analyzing case studies and participating in practical exercises.
- Communicate effectively with other teams and organizational stakeholders, using a common language and understanding of key economic and financial concepts.
- Enhance their skills and knowledge of upstream petroleum economics, risk management, and fiscal analysis to improve their career prospects and contribute more effectively to their organization.
Who is this Training Course for?
This Upstream Petroleum Economics, Risk and Fiscal Analysis training course is ideal for:
- Project Managers
- Finance Professionals
- Senior Executives
- Exploration and Production Professionals
- Government Regulators
- Investment Professionals
Organisational Impact
- Participants will learn how to evaluate and manage risks associated with upstream oil and gas operations, enabling them to make informed decisions about exploration, production, and investment activities.
- By conducting fiscal analysis, participants can identify profitable projects and avoid unprofitable ones, leading to increased profitability for the organization.
- The course will provide participants with a common language and understanding of key economic and financial concepts, facilitating better communication and collaboration between different teams within the organization.
Personal Impact
This training course will be of personal benefit to delegates by providing them with:
- A deeper understanding of the economic and financial factors that drive the upstream oil and gas industry and practical skills for analyzing and managing risks and conducting fiscal analysis.
- Enhance expertise and make them more valuable to their organization, potentially leading to career advancement opportunities.
- Developing a solid understanding of economic and financial concepts, participants will feel more confident in contributing to their organization and making informed decisions.
Daily Agenda
Day One: Introduction to Upstream Petroleum Economics
- Overview of the Upstream Oil and Gas Industry
- Basic economic concepts and principles
- Overview of the upstream petroleum value chain
Day Two: Risk Management in Upstream Petroleum
- Understanding risk and uncertainty
- Types of Risks in upstream oil and gas operations
- Risk management strategies and tools
Day Three: Fiscal Analysis in Upstream Petroleum
- Overview of fiscal systems in the Oil and gas industry
- Key financial metrics for evaluating upstream projects
- Fiscal Analysis Techniques for Decision-making
Day Four: Project Economics
- Estimating project costs and revenues
- Cash flow analysis and time value of money
- Sensitivity and scenario analysis
Day Five: Investment Analysis
- Capital budgeting techniques
- Investment criteria and Decision-making
- Portfolio management and diversification
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].
