Petroleum Risk Analysis & Portfolio Management

This 5-day course is structured to understand broader aspects of the future of oil & gas business and how to properly evaluate our options. The participants will become aware of the challenges the industry is going to face in the future, the impact of energy transition, strategies in light of energy transition and portfolio management.

The participants will also gain hands-on experience in investment evaluations, investment decisions, limitations of the yardsticks used in investment evaluation, accounting for risk and uncertainty in investment evaluation, how to make investment decisions using deterministic and probabilistic methods. The course involves extensive use of problem solving to reinforce the theoretical concepts.

Training Objectives:

• Understand the future demand outlook
• Assess challenges the industry is going to face in the future
• Understand the energy transition and its impact on the oil and gas industry
• Define risk & uncertainty in technical and business opportunities
• Summarize petroleum economics techniques and indicators
• How to evaluate technical and financial performance
• of companies
• Utilize a range of tools to combine uncertainties and
• quantify risk
• Evaluate technical risks in exploration and appraisal, development and production
• Understand the importance of portfolio management

Target Audience:

• This course specially designed for exploration and development geoscientists, reservoir engineers, risk management executives, strategic planners, E&P economists, financial analysts and E&P asset managers. Both technical and non-technical staff will benefit from the concepts presented.
• Companies are encouraged to send participants from different functions and seniority levels to gain great benefits especially those which would like to implement the concepts presented in this course.