top of page
  • Pelatihan Masa Persiapan Pensiun (Retirement Readiness Training)
    Pelatihan Masa Persiapan Pensiun (Retirement Readiness Training)
    This training will be aimed at helping companies to change the existing retirement paradigm.
  • Offshore & Marine Projects and Risks Management
    Offshore & Marine Projects and Risks Management
    In this Project Risk Management seminar, you’ll work through the proactive approach to both sides of risk: threats and opportunities.
  • Business Model Innovation
    Business Model Innovation
    Multiple Dates
    Tue, Sep 10
    The course offers you the opportunity to develop a unique skill set that has helped many leading entrepreneurs and enterprises, as business model innovation is at the center of value creation and many leading companies and social ventures owe much of their success to business model innovation.
  • Mastering Business Negotiation Skills
    Mastering Business Negotiation Skills
    Multiple Dates
    Tue, Sep 10
    This course has direct application for complex transactions in your professional life, right through advanced negotiation skills.
  • Strengthening Business Acumen and Collaboration
    Strengthening Business Acumen and Collaboration
    In today’s increasingly complex business environment, leading organizations recognize superior strategy execution as a critical opportunity. However, the results of this study confirm that many companies are currently constrained by a business acumen gap.
  • Supervisory Development Program
    Supervisory Development Program
    Multiple Dates
    Tue, Sep 10
    This program provides an understanding of the issues for effective management and supervision, such as proactive planning, understanding customer relations, effective time management, proper communication, and understanding human interaction.
  • Presentation & Negotiation Skills for Sales People in Digital Era
    Presentation & Negotiation Skills for Sales People in Digital Era
    This course has direct application for complex transactions in your professional life, right through communication skills, negotiation skills, and meeting and presentation skills.
  • Consultative Selling Skills
    Consultative Selling Skills
    Multiple Dates
    Wed, Sep 11
    This course provides the essential selling skills needed in today’s highly competitive arena.
  • Introduction to Oil & Gas EPC and Project Management for Non Engineers
    Introduction to Oil & Gas EPC and Project Management for Non Engineers
    This course is designed for you who want to enhance your project management skills and to be able to work effectively within your project management teams.
  • Performance Management System
    Performance Management System
    Multiple Dates
    Wed, Sep 11
    This course offers participants an in-depth explanation of several systems, their components, and building blocks. The course also tackles an important consideration, namely the proper launch, follow-up, and training of managers and employees responsible for successfully implementing such systems.
  • Interpersonal and Workplace Communication Skills
    Interpersonal and Workplace Communication Skills
    Interpersonal skills are considered a major indicator of success in the workplace because they enable employees to communicate effectively with colleagues, help their team solve problems, and improve the general office mood.
  • Innovation & Productivity in the Workplace
    Innovation & Productivity in the Workplace
    This training course builds an agenda to improve your creativity and productivity, enhance your professional reputation, and enable you to apply innovative work practices. Then, You will realize your strengths and fulfill your true managerial leadership potential.
  • Purchasing Management: A-Z Best Practice
    Purchasing Management: A-Z Best Practice
    This complete training course in purchasing covers the skills required to lead a procurement team to world-class performance.
  • Train the Trainer: From Design to Delivery
    Train the Trainer: From Design to Delivery
    "Training the Trainers" covers key areas in which prospective trainers have the responsibility of preparing, developing, delivering, and evaluating training programs.
  • Distributed Control System
    Distributed Control System
    Multiple Dates
    Wed, Sep 18
    This training course has been designed with these recent trends in mind while covering the most important components of a DCS in detail. Emphasis is placed on DCS operation, networking, HMI, and Alarms
  • PSC Taxation Update
    PSC Taxation Update
    Multiple Dates
    Wed, Sep 18
    This workshop sets out the theory and best practices in developing strategies and defining management responsibilities and implementation procedures for the management of risk and performance from the use of contractors.
  • Intergeneration Team Synergy and Collaboration
    Intergeneration Team Synergy and Collaboration
    Nowadays, people from different generations are often required to interact with each other in the workplace. This workshop provides insights into the right approach in place to managing generational differences, so organizations can develop effective team synergy and collaboration.
  • Problem Solving with DMAIC
    Problem Solving with DMAIC
    Multiple Dates
    Wed, Sep 18
    This two-day workshop is challenging from the outset. It is a blend of Tutor-led and experiential learning. It identifies the key concepts of creative thinking and problem-solving.

Our Upcoming Trainings

Basic Petroleum Economic and Risk Analysis for Supporting Personels
Basic Petroleum Economic and Risk Analysis for Supporting Personels

Mon, Feb 26

|

Indonesia

Basic Petroleum Economic and Risk Analysis for Supporting Personels

This introduction to petroleum economics is an engaging and highly motivating course that allows participants to grasp the fundamentals of how an upstream organization works in financial terms and what is needed to become a successful enterprise.

Registration is closed
See other events

Time & Location

1 more dates

Feb 26, 2024, 8:00 AM – Feb 28, 2024, 5:00 PM

Indonesia

About The Training

OVERVIEW

This introduction to petroleum economics is an engaging and highly motivating course that allows participants to grasp the fundamentals of how an upstream organization works in financial terms and what is needed to become a successful enterprise.

OBJECTIVES

After the completion of this training, the participants are expected to be able to:

  • Build economic models and perform economic evaluations.
  • Identify, assess, quantify, and manage uncertainties and risks.
  • Analyses and forecasts the outcome of any exploration, development, or operations project.
  • Rank projects and investigate economic robustness.
  • Introduction and Exploration Prospect Evaluations
  • Development project evaluations
  • Risk management
  • Applications of economic evaluations
  • Case studies and group work

WHO SHOULD ATTEND?

The course will be suitable for:

  • Geologists
  • Geophysicists
  • Petro physicists
  • Drilling Engineers
  • Reservoir Engineers
  • Production Engineers
  • Costs and Facilities Engineers
  • Development Planning Engineers
  • Commercial and Financial Analysts
  • Lawyers
  • Managers
  • Any other professional staff involved in exploration and production in the oil industry.

COURSE CONTENT

1. Financial Reporting & Performance Measurement

  • Introduction to Petroleum Economics
  • The Financial Statements
  • Accounting Ratios & Key Performance Indicators

2. Cash Flow Analysis and Project Evaluation

  • Cash Versus Profit
  • Introduction to Financial Theory
  • Project Investment Analysis

3. Economic Models & Spreadsheet Design

  • Economic Models and Spreadsheet Design
  • Calculation of Margins

4. Fiscal Regimes

  • Fiscal Regimes

5. Risk, Uncertainty & Decision Analysis

  • Risk and Sensitivity Analysis
  • Decision Analysis

6. Corporate Finance

  • Sources of Capital
  • Valuation of Corporate Liabilities
  • Oil and Gas Stock Valuation

7. Risk Analysis

  • Introduction
  • Defining risk and uncertainty
  • Identifying uncertainties in the Expressing uncertainty–probability distributions

8. Exploration Economics

  • Probability and expectation curves
  • Expected monetary value (EMV)
  • Introduction to Decision Tree Analysis

9. Commercial Uncertainties and their Management

  • Market factors
  • Human factors

Share this Training

bottom of page