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QimmaGlobal Training

Petroleum Economics & Risk Analysis Masterclass

Oil & Gas Operations

  • QGT-OGP-196
  • Masterclass
  • 5 or 10 days
  • Online · Classroom · In-house

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Course overview

Petroleum Economics & Risk Analysis Masterclass is a senior-level masterclass on strategy and performance in Petroleum Economics & Risk Analysis. It covers the principles, the requirements of API, IOGP, ISO 13702 and company standards, and the practical methods used on site, with case studies from operations in the Gulf, Africa and worldwide. Available online, in the classroom in 60 cities, or in-house.

What participants will be able to do

  • Explain the principles, terminology and scope of Petroleum Economics & Risk Analysis
  • Apply the relevant requirements of API, IOGP, ISO 13702 and company standards
  • Use practical tools, checklists and calculations with confidence
  • Recognise common problems, risks and root causes and choose the right corrective action
  • Build a business case and roadmap their leadership team can act on

Who should attend

Designed for operations, production and process staff in upstream, midstream and downstream oil and gas in senior and leadership roles.

Course outline (5 days)

  1. Day 1: Strategic view of Petroleum Economics & Risk AnalysisTrends, regulation and what leading companies do differently
  2. Day 2: Benchmarking and performanceKPIs, maturity models and gap analysis
  3. Day 3: Lessons from major incidents and projectsDecision points that changed outcomes
  4. Day 4: Leading the changeBuilding the business case, budget and team capability
  5. Day 5: Masterclass forumExpert panel, peer exchange and personal roadmap
What the 10-day edition adds
  1. Day 6: Applied project, part 1Apply the week-one methods to a case from your organisation
  2. Day 7: Data and digital toolsSoftware, spreadsheets and digital tools used in practice
  3. Day 8: Lessons from incidents and auditsWhat investigations and audit findings teach
  4. Day 9: Applied project, part 2Complete, test and refine your solution
  5. Day 10: Presentations and final assessmentPresent to the group and complete the final assessment

Training method and certificate

Interactive sessions, practical exercises, case studies and pre- and post-course assessments. Participants receive a Qimma Global Training certificate of completion stating the training hours (30 hours for 5 days, 60 hours for 10 days). Delivered in English or Arabic.

Dates 2027–2030

None of these dates work? We run this course for your team on the date and in the place you choose.

DatesCityDurationFee
1–5 Feb 2027Manchester Classroom5 days$5,500Register
15–26 Feb 2027Brussels Classroom10 days$9,900Register
26–30 Apr 2027Kuala Lumpur Classroom5 days$5,500Register
24 May – 4 Jun 2027Beirut Classroom10 days$9,900Register
26–30 Jul 2027Online (live) Online (live)5 days$3,000Register
26–30 Jun 2028Stockholm Classroom5 days$5,500Register
30 Jul – 10 Aug 2028Jeddah Classroom10 days$9,900Register
11–15 Sep 2028Bangkok Classroom5 days$5,500Register
13–24 Nov 2028Rome Classroom10 days$9,900Register
20–24 Nov 2028Online (live) Online (live)5 days$3,000Register
27–31 May 2029Alexandria Classroom5 days$5,500Register
17–28 Jun 2029Algiers Classroom10 days$9,900Register
12–16 Aug 2029Salalah Classroom5 days$5,500Register
17–28 Sep 2029Kigali Classroom10 days$9,900Register
15–19 Oct 2029Online (live) Online (live)5 days$3,000Register
6–10 Jan 2030Algiers Classroom5 days$5,500Register
25 Mar – 5 Apr 2030London Classroom10 days$9,900Register
23–27 Sep 2030Tunis Classroom5 days$5,500Register
29 Sep – 10 Oct 2030Kuwait City Classroom10 days$9,900Register
28 Oct – 1 Nov 2030Online (live) Online (live)5 days$3,000Register

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