Engineering, Oil and Gas

Training Course: Advanced OIL & Gas Project Economics, Risk & Decision Analysis


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Quick Inquiry
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EN235153

19 - 23 Jan 2025

Cairo (Egypt)

Hotel : Holiday Inn & Suites Cairo Maadi, an IHG Hotel

Cost : 3900 € Euro

Introduction

The Advanced Oil & Gas Project Economics, Risk & Decision Analysis training program is designed to equip professionals in the energy sector with the essential knowledge and skills to navigate the complexities of decision-making in oil and gas projects. In an industry characterized by significant capital investments, high levels of risk, and dynamic market conditions, mastering advanced economics, risk assessment, and decision analysis is critical for success. This program provides participants with a deep understanding of these key concepts and their practical application in the oil and gas industry.

 

Objectives

By the end of this 5-day training program, participants will:

  • Understand Oil & Gas Industry Dynamics: Gain insights into the unique characteristics and dynamics of the oil and gas industry, including its project lifecycle and critical decision points.
  • Master Financial Analysis: Learn to apply financial analysis techniques such as Discounted Cash Flow (DCF), Net Present Value (NPV), and Internal Rate of Return (IRR) to evaluate the economic viability of oil and gas projects.
  • Navigate Uncertainty and Risk: Develop proficiency in identifying, quantifying, and mitigating risks in oil and gas projects through Monte Carlo simulation, decision trees, and sensitivity analysis.
  • Optimize Decision-Making: Explore advanced decision analysis techniques, including Multi-Criteria Decision Analysis (MCDA) and Value of Information (VOI) analysis, to make informed and robust decisions.
  • Evaluate Financial Aspects: Understand the financial intricacies of oil and gas projects, including capital structure, financing options, taxation, regulatory considerations, and risk-adjusted metrics.
  • Apply Knowledge to Real-world Scenarios: Analyze real-world case studies, learn from industry experts, and engage in discussions to apply acquired knowledge to practical situations.

 

Target Audience

This training program is ideal for professionals working within or aspiring to work within the oil and gas industry, including:

  • Project Managers
  • Financial Analysts
  • Investment Analysts
  • Risk Analysts
  • Engineers
  • Geologists
  • Environmental Specialists
  • Government and Regulatory Personnel
  • Energy Consultants
  • Anyone involved in oil and gas project planning, evaluation, or decision-making

 

Program Outline

 

Day 1: Introduction to Project Economics and Decision Analysis in Oil & Gas

  • Overview of the Oil & Gas Industry
  • Project Lifecycle and Decision Points
  • Time Value of Money (TVM) and Discounted Cash Flow (DCF) Analysis
  • Net Present Value (NPV) and Internal Rate of Return (IRR)
  • Sensitivity Analysis and Scenario Analysis
  • Real Options Analysis

 

Day 2: Risk Analysis in Oil & Gas Projects

  • Understanding Risk and Uncertainty
  • Risk Management Framework
  • Monte Carlo Simulation
  • Risk Mitigation Strategies
  • Decision Trees and Decision Analysis
  • Incorporating Uncertainty in Decision Analysis

 

Day 3: Advanced Decision Analysis Techniques

  • Multi-Criteria Decision Analysis (MCDA)
  • Value of Information (VOI) Analysis
  • Decision Support Tools and Software
  • Economic Modeling in Excel
  • Advanced Financial Metrics (PI, DPI, TVPI)
  • Risk-adjusted Metrics (RAROC, CFaR)

 

Day 4: Financial Aspects of Oil & Gas Projects

  • Capital Structure and Financing Options
  • Taxation and Fiscal Regimes in Oil & Gas
  • Regulatory and Environmental Considerations
  • Case Studies in Project Finance
  • Industry Best Practices

 

Day 5: Practical Applications and Case Studies

  • Presentations of Real-world Case Studies
  • Industry Expert Panel Discussion
  • Q&A Session

Engineering, Oil and Gas

Training Course: Advanced OIL & Gas Project Economics, Risk & Decision Analysis


Register Now
Quick Inquiry
Discount Group Download Brochure (36)

EN235153

19 - 23 Jan 2025

Cairo (Egypt) - Holiday Inn & Suites Cairo Maadi, an IHG Hotel

Hotel : Holiday Inn & Suites Cairo Maadi, an IHG Hotel

Cost: 3900 € Euro


  About Cairo

Cairo is a mesmerizing assortment of iconic monuments, bustling markets, and ancient sites encircled by a vast and sprawling metropolis. At its core lies a maze-like medieval quarter. A world away from the modern side of the city, it boasts a seductive blend of intricate mosques, jostling crowds, madrasas, and traditional hammams. No visit could be complete without visiting the awe-inspiring Giza Pyramids that preside over the city's horizon. Whether you come to delve into the city's ancient past, dive into colorful souqs, sip mint tea and contemplate thousands of years of history or explore the city's cosmopolitan side, you'll be left with memories to last a lifetime.


  Things to do and places to visit in Cairo

The multi-layered capital of Egypt offers its visitors lively markets, authentic restaurants, and a multitude of ancient sights and archeological findings. Gaze in wonder at the Pyramids, take an awe-inspiring look at Tutankhamen's burial mask, shop for handmade souvenirs in the bazaars or hop on a sunset cruise down the Nile and embrace the sensory overload that is Cairo.

Take a vacation in Cairo and you can:

  • Visit the Great Sphinx of Giza, one of Ancient Egypt's great mysteries.
  • Explore the ramparts of the Salah El-Din Citadel.
  • Join locals drinking coffee at Fishawi Café, one of Cairo's first cafes and most important meeting spots.
  • Marvel at the seemingly endless historical artifacts on display at the Egyptian Museum.
  • Learn about the Ummayad, Ottoman, and Ayyubbid dynasties and more at the Museum of Islamic Art.
  • Haggle for souvenirs and gifts at the Khan el-Khalili souk.
  • See one of the world's oldest universities at the Al-Azhar Mosque, one of the city's original mosques.
  • Take a tour of the showstopping Giza pyramids.
  • Savor local cuisine such as mezze in the old city.
  • Wander through the labyrinth-like streets of Coptic Cairo, the city's ancient quarter, and spot Roman relics.
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