Advanced Strategies in Petroleum Economics & Contracts

Course Introduction

Designed for professionals in Oil, Gas & Petroleum, this five-day advanced-level course builds practical command of Petroleum Economics & Contracts. Every session pairs a clear concept with a workplace exercise, so learning turns into capability rather than notes.

Training Objectives

• 01Describe how Petroleum Economics & Contracts is defined, governed and measured in international practice
• 02Work through typical situations in upstream, midstream and downstream facilities using structured Petroleum Economics & Contracts techniques
• 03Recognise common risks, errors and non-conformities linked to Petroleum Economics & Contracts — and how to prevent them
• 04Choose the right indicators and records to monitor Petroleum Economics & Contracts over time
• 05Translate the course learning into a realistic plan agreed with your line manager

What You Will Take Away

• Case-study notes drawn from regional plant experience
• A field-ready checklist you can use on your next job
• Worked calculation and troubleshooting examples

Who Should Attend

• Production & Operations Engineers
• Field Supervisors & Technicians
• HSE Officers in Oil & Gas Facilities
• Asset & Reservoir Engineers

Prerequisites: Recommended: at least two years of relevant work experience.

Training Methodology

Building on participants' existing experience, the programme relies on case analysis, comparison of approaches and structured problem-solving rather than lecture. Case material and examples are drawn from upstream, midstream and downstream facilities.

Day-by-Day Programme (5 Days)

• Day 1
  Getting oriented: the landscape of Petroleum Economics & Contracts

  Scope, terminology and the standards and regulations that shape Petroleum Economics & Contracts in upstream, midstream and downstream facilities.

• Day 2
  Core concepts and methods

  The principles, codes and best-practice approaches that leading organisations rely on for Petroleum Economics & Contracts.

• Day 3
  Applying it on the job

  Hands-on exercises using tools and templates for Petroleum Economics & Contracts, built around realistic situations in upstream, midstream and downstream facilities.

• Day 4
  Cases, risks and lessons learned

  Case studies, typical pitfalls and the risk and compliance issues that arise with Petroleum Economics & Contracts.

• Day 5
  Bringing it together

  Consolidation workshop, personal action planning and a closing knowledge check on Petroleum Economics & Contracts.

Upcoming Sessions