Petroleum Economics and Fiscal Contract Systems in Oil & Gas

Picture of Petroleum Economics and Fiscal Contract Systems in Oil & Gas
Course Starts in 2 weeks
July 27 - 31, 2020
N270,000

There are many subtleties and assumptions that underlie the apparently straight-forward economic calculations that are often seen. Consequently, a fundamental understanding of the concepts behind economic evaluation and of techniques for performing them within a petroleum context, are essential skills. Topics to be included are: oil & gas business context, economic and business concepts, cash-flows and petroleum fiscal regimes, time-value of money, discounted cash flow, net present value and other economic metrics, case study and portfolio management. If time permits, there will be an introduction to real options analysis and its application to valuing flexibility and risk.

The focus of the course is on the factors that drive exploration economics: risk/reward, capital requirements, terminology etc. This provides an excellent basis for understanding the unique aspects of development and production economics.

Both industry and government points of view are addressed. A complete grasp of the subject requires an understanding of the dilemmas and concerns of both sides. However, there is also fertile ground in the philosophy of petroleum taxation. Legal and operational aspects of contract/fiscal terms are also examined to provide a foundation in the dynamics of international negotiations.

Registration and Contact Details

Date: July 27 - 31, 2020
Registration fee: N15,000 (non-refundable)
Tuition fee: N270,000 (Two Hundred and Seventy Thousand Naira Only)


pdfDownload Brochure
For Further Enquiries, Contact: registrar@ism.edu.ng,  08090890909, 08085369898, 08085369976, 08086815957
Register Online   Recommend Programme  


Recommended Courses

Professional Certificate in Customer Service and Relationship Management.
Aug
13

Professional Certificate in Customer Service and Relationship Management.

Learn More

Advanced Leadership Development and People Management Skills
Aug
05

Advanced Leadership Development and People Management Skills

Learn More

Finance for Non-Finance Managers
Jul
18

Finance for Non-Finance Managers

Learn More

Enquiry Form