Oil & Gas Skills (OGS) - Risk Management

User name:

Password:

Remember me

Retrieve password

Find Course

Categories

Courses

Course Name:

Risk Management

Course Objective:

This course enables delegates already familiar with petroleum industry, the decision tree methods and all economical and statistics terms used in evaluating petroleum project. So the attendees will have the capability to take the decision of investment based on economics risk assessment.

Who Should Attend:

Petroleum engineers, facilities engineers and project engineers for senior and junior who are working on the evaluation of different projects in scope of economic calculations.

Course Content:

• Elements of Project Evaluation. • Making business decision. • Purpose of evaluation. • Tools for evaluation. • About petroleum reservoir. • Management issues in project evaluations. • The Economic Analysis • Estimating the flow of money • Time value of money • Traditional models of profitability • International operating agreement • Forecasting the technical Component in Petroleum Investments. • About risk and uncertainty • Sampling and statistics • Types of distribution • Probability theory • Standard distributions • Analysis of the data Golden rules of statistics • Assessing, Presenting and Managing Project Risk. • Sensitivity analysis • Application of decision tree • Crystal Ball program for analysis • Monte-Carlo simulation and other simulation technique.

Duration:

(5) Days

Send To Friend

Save As Pdf

HR Help Page

Program Schedules

From	To	Location	Attendees
23-5-2010	27-5-2010			Enroll
28-11-2010	02-12-2010			Enroll