Course Overview
Gain essential economic understanding to evaluate petroleum projects, investments, and commercial decisions.
Course Overview
Petroleum economics provides the foundation for evaluating oil and gas investments, guiding strategic decisions across exploration, development, and production activities. This course introduces the core principles, financial modeling tools, and commercial considerations used to assess project value in the upstream petroleum sector.
Participants learn how to interpret cost structures, analyse revenue forecasts, apply economic indicators, and assess project risks. Through practical examples and sector-relevant cases, the programme equips professionals to support investment decisions, optimise project performance, and contribute to value-driven planning in oil and gas organisations.
What you’ll learn
By the end of this course, participants will be able to:
- Understand fundamental concepts of petroleum economics and project value drivers.
- Apply key economic evaluation tools, including cash flow analysis and profitability indicators.
- Interpret cost structures, price assumptions, fiscal regimes, and revenue profiles.
- Evaluate project risks, sensitivities, and economic thresholds.
- Support investment decisions and communicate economic findings effectively.
Certification Details
Upon successful completion of this programme, participants will receive an Oxford Knowledge Certificate of Completion.
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Awarded by: Oxford Knowledge
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Format: Printed certificate with unique ID and optional digital verification
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Delivery: Issued at course completion or sent within 7 working days
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Recognition: Certificates validate participation in advanced, expert-led training aligned with global industry standards.
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Accreditation: Oxford Knowledge certifications represent advanced learning led by global experts. We are actively pursuing formal accreditations with top-tier institutions to further enhance your credentials.
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This certificate demonstrates your commitment to professional excellence and is a valuable addition to your leadership and development portfolio.
Requirements
- Designed for petroleum engineers, geoscientists, financial analysts, planners, economists, and commercial teams
- Suitable for upstream operators, NOCs, IOCs, service companies, and regulatory agencies
- Familiarity with petroleum operations or project planning is recommended
- English proficiency required (course delivered in English)
Instructor
