Petroleum Economics: Projects, Value, Risk and Strategy

How Decisions Are Driven by Cost, Risk, and Value in Engineering Economics — Business, Economics, and Strategy for all

How about asking yourself one question:

Are the projects you work on truly profitable… or just technically impressive?

Most oil & gas projects don’t fail because of engineering mistakes. They fail because they don’t survive the economic evaluation process.

If you don’t fully understand Net Present Value (NPV), Internal Rate of Return (IRR), Profitability Index (PI), Payback Period (PB), discounted cash flow analysis, fiscal regimes, and project risk assessment, you are not truly part of the investment decision — regardless of how strong your technical skills are.

This Petroleum Economics course delivers MBA-level financial thinking tailored specifically for oil & gas professionals. You will learn how upstream companies evaluate oil & gas projects, screen capital investments, assess fiscal terms, model cash flows, and make risk-adjusted decisions that can shift project value by millions.

This is not just theory. It is a practical project evaluation for real-world petroleum investments.

No advanced mathematics. No finance background. Just clear, practical logic that connects engineering decisions to investment approval.

If you want your voice to matter when projects are screened, funded, or rejected, this is your step forward.

Enrol now — and start seeing projects the way decision-makers do.

What You’ll Learn

• How petroleum projects create or destroy economic value

• How to interpret NPV, IRR, payback, and cash flow

• Why timing and early production dominate project economics

• Key CAPEX, OPEX, and production drivers

• Time value of money and discounting—without heavy math

• Major sources of risk and uncertainty

• Sensitivity and scenario analysis for downside risk

• Impact of fiscal regimes (PSC, concession, service contracts)

• How economics, risk, and fiscal terms shape real decisions

• How to communicate effectively with managers and decision-makers

• How to apply economic thinking to engineering design choices

Who This Course Is For

• Petroleum, reservoir, drilling, production, facilities, and subsea engineers

• Project engineers and project managers in oil & gas

• Technical professionals moving into leadership roles

• Engineers preparing for FID reviews, project approvals, or interviews

Who This Course Is Not For

• Advanced mathematical petroleum economics learners

• Finance or accounting specialists

• Spreadsheet-heavy financial modelling seekers

Course Approach

• Engineer-to-engineer explanations

• Decision-focused, not academic

• Realistic industry logic

• Risk-aware, not optimistic

• Designed for real projects and real careers