A PMI Registered Training Course
Petroleum Project Economics & Risk Analysis
Techniques for Opportunity Evaluation and Assessment of Risk and Uncertainty
| Date | Venue | Fees | |
|---|---|---|---|
| 30 Mar - 03 Apr 2026 | London - UK | $ 5,950 | |
| 27 Apr - 01 May 2026 | Dubai - UAE | $ 5,950 | |
| 22 - 26 Jun 2026 | Dubai - UAE | $ 5,950 | |
| 13 - 17 Jul 2026 | Houston - USA | $ 7,950 | |
| 10 - 14 Aug 2026 | Istanbul - Turkey | $ 5,950 | |
| 24 - 28 Aug 2026 | Abu Dhabi - UAE | $ 5,950 | |
| 24 - 28 Aug 2026 | London - UK | $ 5,950 | |
| 07 - 11 Sep 2026 | Cape Town - South Africa | $ 5,950 | |
| 14 - 18 Sep 2026 | London - UK | $ 5,950 | |
| 12 - 16 Oct 2026 | Rome - Italy | $ 5,950 | |
| 09 - 13 Nov 2026 | Dubai - UAE | $ 5,950 | |
| 21 - 25 Dec 2026 | London - UK | $ 5,950 | |
| 11 - 15 Jan 2027 | Dubai - UAE | $ 5,950 | |
| 18 - 22 Jan 2027 | Kigali - Rwanda | $ 5,950 | |
| 22 - 26 Mar 2027 | London - UK | $ 5,950 | |
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Online Schedule
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| Date | Venue | Fees | |
| 13 - 17 Jul 2026 | Online | $ 3,950 | |
| 12 - 16 Oct 2026 | Online | $ 3,950 | |
Exploration and Production companies often must evaluate their potential E&P investment using proper present value analysis of expected future cashflows. From the projected cashflows and required investments, the annual rate of return and other project economic indicators can be extracted to evaluate the significance of company investment.
This Petroleum Project Economics & Risk Analysis training course provides practical guidance in the application of the techniques of the economic analysis currently used in the Oil & Gas industry. When executing a petroleum related project, one should be able to choose the best alternative from economic point of view as well as to properly evaluate various investment opportunities by determining economic indicators and sensitivity analysis. Techniques for predicting profit, production, costs, and cashflow enable the analyst to evaluate decision alternatives for optimum results. Understanding economic indicators, risk and uncertainty, different economic structures such as tax regimes and production sharing contracts, enhances the quality and the value of economic analysis.
This GLOMACS training course will highlight:
The primary objectives of this training course are to:
The training course approach is based on principles of economic evaluation of petroleum related project with focusing on step by step developing economic models, determining economic indicators, evaluating and quantifying risks and uncertainties and making the right investment decision for the project. To facilitate that, the Microsoft Excel based economics modules will be built and all discussions will be provided using high quality power point slides.
By sending delegates on this GLOMACS Petroleum Project Economics and Risk Analysis training course, your organization will benefit by:
By attending this training course you will:
This Petroleum Project Economics & Risk Analysis training course is designed to provide technical and practical approaches to executing a petroleum related project in upstream sector.
This training course is suitable to a wide range of professionals but will greatly benefit:
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View CourseThis course is designed for petroleum engineers, geoscientists, project managers, finance professionals, economists, and decision-makers involved in upstream oil and gas projects who need to understand economic evaluation and investment decision-making.
Basic familiarity with oil and gas projects is helpful, but no advanced finance background is required. Economic concepts are explained step-by-step with practical industry examples.
The course covers Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period, Profitability Index, and discounted cash flow (DCF) analysis.
Yes. The program includes practical case studies based on real upstream oil and gas projects to help participants apply economic concepts to realistic scenarios.
Yes. The course covers price uncertainty, sensitivity analysis, scenario analysis, and basic risk assessment techniques used in petroleum project economics.
Yes. Participants are introduced to common petroleum fiscal regimes such as royalties, taxes, production sharing contracts (PSCs), and their impact on project economics.
Participants will learn the structure and logic of petroleum economic models, including cash flow construction. Spreadsheet-based modeling concepts are demonstrated during the course.
The course links technical and economic results to management decision-making, helping participants evaluate project viability, rank investment opportunities, and communicate economic outcomes effectively.
Yes. The principles taught apply to exploration, development, and production projects for both oil and gas, including conventional and unconventional resources.
Participants will gain confidence in evaluating petroleum projects economically, understanding key value drivers, interpreting economic indicators, and supporting sound investment decisions.
