Training Petroleum Project Economics

 

COURSE TIMINGS

Registration and coffee will be at 7:30 on Day One.The course will commence at 8:00 and conclude at 16:00 followed by lunch. There will be two networking and refreshment breaks at appropriate intervals.

COURSE METHODOLOGY

The course will be interactive, and participants from various disciplines will be encouraged to participate openly to share views, ideas and experience in developing decision making. Case study methods will be included to stimulate discussions and illustrate concepts of the course.

COURSE PARTICIPANTS

Petroleum engineers, Facilities engineers, Project engineers

COURSE OUTLINE

Course Introduction

  • Introduction of participants, course outline, expectations

Petroleum Macro Economics

  • Supply and demand
  • Energy economics
  • Impact of economic growth on energy
  • Affects of fiscal and monetary policy
  • International and national impacts

Petroleum Micro Economics

  • Theory of the firm in the petroleum sector
  • Revenue concepts – cash flow and revenue
  • Cash flow versus profits
  • Fixed costs versus variable costs
  • Marginal costs
  • How costs, revenues and profits vary with output

Project Economics

  • Revenues
  • Capital and operating costs
  • Taxes and royalties
  • Depreciation
  • Inflation

Capital Markets And Finance

  • Company financing
  • Investment alternatives
  • Cost of capital
  • Market assessment of oil and gas stocks
  • Times earnings

Capital Budgeting In The Petroleum Industry

  • Building blocks: reserves, resources and production forecasts
  • Estimating project revenues over time
  • Estimating costs and cash outlays over time
  • Looking at net cash flows

External Factors Affecting Project Analysis

  • Economic growth of economies
  • Oil prices
  • Inflation rates
  • Interest rates
  • Interest rate yield curves
  • Government takes

Decision Criteria And Cash Flow Analysis

  • Introduction to Net Present Value (NPV)
  • Internal Rate of Return (IRR)
  • Payback
  • Profitability
  • Discount rates
  • Break-even analysis

Risk And Uncertainty In Decision Making

  • Identifying project risks in -Revenues-Production flows-Oil prices-Costs-Interest rates

Probability Concepts

  • Expected outcomes
  • Probability curves
  • Best and worst case scenarios
  • Decision trees
  • Psychology of decision making in uncertainty

Risk Management

  • Examining alternatives and their costs
  • Abandonment
  • Flexibility
  • Hedging

Sensitivity Analysis

  • Identifying likely outcomes
  • Weighted average cost of capital
  • Examining rates of return under various scenarios

Corporate Analysis Of Risk And Return

  • Portfolio theory and diversification techniques
  • Opportunity cost of capital
  • Investment alternatives

Beyond The Numbers

  • Corporate views of risk
  • Marketing, negotiations and concessions
  • Presentation of project analysis results

Implementation in Indonesia

  • Laws and Contractual Aspects
  • BPMIGAS and Government Institution
  • POD and AFE
  • Supply Chain and Local Content

Fasilitas Yang Diperoleh

  • Lokasi Training di Hotel Bintang 3-5
  • Ruang Pelatihan Full AC, Toilet dan Musholla
  • Perlengkapan Visual LCD Proyektor, & Whiteboard
  • Modul / Handout(Hard Copy & Soft Copy)
  • Training Kit (Co-Card, Bolpoin, & Buku Catatan)
  • 1x Makan Siang dan 2x Coffee Break (Snack)
  • Penjemputan Bandara Hotel (Pulang-Pergi selama pelatihan)
  • Basement Tempat Parkir Motor dan Mobil yang Aman
  • Akses Internet Wireless
  • Smoking Area.
  • Sertifikat Keikutsertaan Training
  • Merchandise menarik dari Duta Pro Training & Consulting
  • Konsultasi dengan Instruktur/Narasumber setelah Pelatihan

Biaya Training

  • Rp 6.800.000,- / Peserta (termasuk penginapan, minimal 2 peserta)

Lokasi Training di Yogyakarta

Keterangan

  1. Jumlah Peserta dapat memperngaruhi biaya training.
  2. Biaya dan Lokasi diatas hanya untuk Private Training dan Public Training, untuk In House Training penawarannya dapat menghubungi kami dilink berikut (kontak kami).
  3. Jumlah peserta, jadwal training dan lokasi training dapat menyesuaikan permintaan.
  4. Pemintaan lokasi yang diluar daftar diatas dapat menghubungi kontak Marketing Kami.

Dapatkan Penawaran Harga Training Terbaik dari Kami!.

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