Global Oil Economics and Strategic Planning for Petroleum Projects

I. Introduction:

The global oil and gas industry is a complex and dynamic sector shaped by ever-changing economic factors, geopolitical landscapes, and technological advancements. This course equips participants with a comprehensive understanding of these forces and how they impact the strategic planning and evaluation of petroleum projects.

II. Course Objectives:

Analyze the key drivers of global oil demand and supply.

Understand the impact of macroeconomic factors on oil prices.

Evaluate the role of OPEC and other major players in the oil market.

Develop skills for project economic evaluation, including cost estimation and risk analysis.

Apply strategic planning frameworks to make sound investment decisions for petroleum projects.

III. Course Highlights:

 Global Oil Market Dynamics:

Fundamentals of supply and demand in the oil market.

Geopolitical influences on oil production and trade.

The impact of alternative energy sources and climate change.

Forecasting methodologies for oil prices and market trends.

 Oil and Gas Economics:

Exploration and production (E&P) cost structures.

Refining and marketing margins.

Introduction to fiscal regimes and government take.

International trade and transportation costs.

 Project Evaluation and Investment Decision Making:

Discounted cash flow (DCF) analysis for project valuation.

Risk assessment and sensitivity analysis techniques.

Project financing and capital budgeting decisions.

Strategic Planning for Petroleum Projects:

Competitive analysis and market positioning strategies.

Technology adoption and innovation in the oil and gas sector.

Portfolio management and diversification strategies.

Building strategic alliances and joint ventures.

Case Studies and Industry Trends:

Analyze real-world examples of successful and challenging petroleum projects.

Explore emerging trends in technology, regulation, and sustainability.

Discuss the future outlook of the global oil and gas market.

IV. Target Audience:

Professionals working in the oil and gas industry, including:

Engineers

Project managers

Business analysts

Investment bankers

Corporate planners

Government regulators