An Interactive 5-Day Training Course
Petroleum Policy & Economics
Navigating Market Dynamics in a Transforming World
Course Overview
The oil and gas industry operates in a dynamic, high-stakes environment where decision-making is both complex and consequential. This training course is designed to equip professionals with the analytical tools and strategic insights needed to navigate the multifaceted uncertainties that arise from geological, market, and policy-driven factors. Through a comprehensive approach to project decision analysis, economic evaluation, and policy analysis, participants will learn to make informed choices that maximize value and mitigate risk. By understanding how fiscal regimes, energy transitions, and regulatory changes impact project economics, this training course empowers professionals to steer projects toward profitable outcomes even in volatile conditions.
Throughout the training course, participants will explore advanced techniques such as cash flow modeling, sensitivity analysis, and risk management using decision trees and Monte Carlo simulations. They will gain the ability to evaluate project options, recommend optimal investment scenarios, and address the unique analytical challenges of the petroleum sector. The course also enhances organizational performance by improving resource allocation, strengthening financial sustainability, and fostering strategic decision-making. On a personal level, attendees will broaden their skillset, increase their value to their organization, and enhance career prospects through certified expertise in project economics and decision analysis.
This training course will highlight:
- Petroleum industry landscape and long-term trends
- Project decision analysis, profitability measures, and risk assessment techniques
- Energy transition and economics of decisions
- Cash flow modeling, investment decision measures, and sensitivity analysis
- Risk management using decision trees, Monte Carlo simulations, and probability distributions
Training Outline
- Global petroleum industry landscape and long-term trends
- Government policy and its impact on industry structure
- Analytical challenges unique to oil and gas projects
- Introduction to project decision analysis
- Understanding petroleum fiscal regimes and their impact
- Cash flow modeling components for oil and gas projects
- Core profitability measures (NPV, IRR, Payback)
- Impact of commodity price forecasts and policy changes on cash flows
- Project risks, including political and regulatory risks
- Introduction to decision trees for sequential decision analysis
- Applying decision trees to evaluate project options under risk
- Principles of Monte Carlo simulations for quantifying uncertainty
- Running and interpreting Monte Carlo simulations using software
- Energy transition and related energy policies
- Policy incentives/disincentives affecting economics of decisions
- Integrating economic analysis, risk assessment, and strategic insights
- Robust decision recommendations based on comprehensive analysis
Certificates
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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