Course Detail

Financial Modelling and Petroleum Project Economics Duration: 1 Week/s

Course Information

  • Course Price
  • Location Istanbul Courses
  • Course Code FMPPEI
  • Course Date 1 Dec - 5 Dec 2025

Course Objective
The Financial Modelling and Petroleum Economics course addresses critical needs within the petroleum industry, including complex financial landscapes, optimizing investments, navigating uncertainty, and strategic decision-making. By investing in workforce development.
The course delves into financial modelling fundamentals, economic evaluation methods, cash flow analysis, risk assessment, and portfolio management within the petroleum sector.
It is designed for professionals across various functions within the petroleum industry, including financial analysts, project managers, investment managers, strategic planners, petroleum engineers, and decision-makers, the course caters to those keen on deepening their financial modelling and economic analysis expertise.

Who Should Attend?
Project Managers, Financial Analysts, Investment Managers, Petroleum Engineers, Strategic Planners, Senior Executives and Directors

Prerequisite Courses
None

Course Overview
Introduction to Financial Modelling and Petroleum Economics

  • Overview of financial modelling fundamentals

  • Introduction to the petroleum industry: exploration, production, refining, and marketing

  • Importance of economic evaluation in petroleum projects

  • Petroleum Industry Fundamentals and Economic Evaluation Methods
  • Understanding the global petroleum market dynamics

  • Overview of economic evaluation methods: NPV, IRR, PBP, and ROI

  • Case studies on economic evaluation in petroleum projects

  • Cash Flow Analysis and Forecasting Techniques
  • Techniques for cash flow analysis and forecasting in petroleum projects

  • Scenario analysis and sensitivity analysis

  • Practical exercises using industry-standard financial modelling software

  • Risk Analysis, Sensitivity Analysis, and Investment Decision Making
  • Risk analysis techniques in petroleum economics

  • Sensitivity analysis and stress testing

  • Investment decision making: assessing risks vs. rewards

  • Project Economics and Portfolio Management in the Petroleum Sector
  • Project economics: evaluating project profitability and viability

  • Portfolio management strategies in the petroleum sector

  • Case studies and group discussions on portfolio optimization


  • Learning Goal
    At the end of the course, the participants will gain:
  • Enhanced Financial Modelling Skills

  • A deeper Understanding of Economic Principles

  • Improved Decision Making

  • Optimized Investments

  • Increased Efficiency and Productivity

  • Strategic Advantage

  • Enhanced Career Opportunities

  • Long-term Sustainability


  • Course Materials
    Course notes, handouts