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OG-004 Oil, Gas and Energy Management
PROGRAMME BROCHURE

Petroleum Economics and Fiscal Systems

An applied five-day programme focused specifically on Petroleum Economics and Fiscal Systems.

Duration 5 days
Level Professional
Programme OG-004
KAIZEN EUROPEAN ACADEMY Executive & Professional Development www.kaizeneurope.academy
01

Programme Overview

This five-day Kaizen European Academy programme is dedicated specifically to Petroleum Economics and Fiscal Systems. It develops practical capability in Petroleum Economics through structured explanation, applied tools, realistic scenarios and guided workshops. Participants move from core concepts to hands-on application, performance control and an implementation plan that can be transferred directly to their workplace.

02

Learning Objectives

Explain the essential concepts, terminology and professional context of Petroleum Economics and Fiscal Systems.
Apply the principal methods and tools used in Petroleum Economics and Fiscal Systems.
Analyse realistic situations and make evidence-based decisions related to Petroleum Economics and Fiscal Systems.
Evaluate performance, risk and control requirements in Petroleum Economics and Fiscal Systems.
Develop a practical implementation or improvement plan for Petroleum Economics and Fiscal Systems.

Who Should Attend

Professionals, specialists, supervisors and managers whose responsibilities involve petroleum economics and fiscal systems or who need to build practical capability in this area.

Programme Methodology

Instructor-led explanation, facilitated discussion, subject-specific case studies, practical templates, individual and group exercises, simulations or technical scenarios where appropriate, peer review and a final implementation workshop.

Learning Outcomes

Explain the essential concepts, terminology and professional context of Petroleum Economics and Fiscal Systems. Apply the principal methods and tools used in Petroleum Economics and Fiscal Systems. Analyse realistic situations and make evidence-based decisions related to Petroleum Economics and Fiscal Systems. Evaluate performance, risk and control requirements in Petroleum Economics and Fiscal Systems. Develop a practical implementation or improvement plan for Petroleum Economics and Fiscal Systems.

Prerequisites

No formal prerequisite is required. Relevant professional experience is helpful; technical courses may assume basic familiarity with the operating environment.

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Course Outline

Day01

Petroleum Economics and Fiscal Systems: Foundations and Operating Context

  • Scope, terminology and professional context of Petroleum Economics and Fiscal Systems
  • Current practices and emerging trends in Petroleum Economics and Fiscal Systems
  • Roles, responsibilities and stakeholder expectations in Petroleum Economics and Fiscal Systems
  • Diagnostic assessment of current Petroleum Economics and Fiscal Systems practices
Day02

Core Methods and Tools for Petroleum Economics

  • Oil and gas project cash flows
  • Reserves and production profiles
  • Price assumptions
  • CAPEX and OPEX
Day03

Applied Practice in Petroleum Economics and Fiscal Systems

  • Royalties
  • Production sharing contracts
  • Tax and fiscal terms
  • Government take
Day04

Performance, Risk and Control in Petroleum Economics and Fiscal Systems

  • NPV and IRR
  • Discount rates
  • Economic limit
  • Sensitivity analysis
Day05

Petroleum Economics and Fiscal Systems: Integrated Workshop and Implementation

  • Scenario analysis
  • Risked economics
  • Portfolio screening
  • Field development economics
04

What You Will Receive

Programme learning materials
Practical resources and templates where applicable
Kaizen completion certificate
Participant support throughout the learning week
Kaizen European Academy

Executive & Professional Development across selected European destinations.

CONTACT & INFORMATION

Website: www.kaizeneurope.academy
Contact: www.kaizeneurope.academy/#contact