1 hour agoTeaching & AcademicsHow Decisions Are Driven by Cost, Risk, and Value in Engineering Economics — Business, Economics, and Strategy for all
Course Description
Limited bonus (April & May): Get an additional course at no extra cost after enrollment.
How about asking yourself one question:
Are the projects you work on truly profitable… or just technically impressive?
Most oil & gas projects don’t fail because of engineering mistakes. They fail because they don’t survive the economic evaluation process.
If you don’t fully understand Net Present Value (NPV), Internal Rate of Return (IRR), Profitability Index (PI), Payback Period (PB), discounted cash flow analysis, fiscal regimes, and project risk assessment, you are not truly part of the investment decision — regardless of how strong your technical skills are.
This Petroleum Economics course delivers MBA-level financial thinking tailored specifically for oil & gas professionals. You will learn how upstream companies evaluate oil & gas projects, screen capital investments, assess fiscal terms, model cash flows, and make risk-adjusted decisions that can shift project value by millions.
This is not just theory. It is a practical project evaluation for real-world petroleum investments.
No advanced mathematics. No finance background. Just clear, practical logic that connects engineering decisions to investment approval.
If you want your voice to matter when projects are screened, funded, or rejected, this is your step forward.
Enrol now — and start seeing projects the way decision-makers do.
What You’ll Learn
How petroleum projects create or destroy economic value
How to interpret NPV, IRR, payback, and cash flow
Why timing and early production dominate project economics
Key CAPEX, OPEX, and production drivers
Time value of money and discounting—without heavy math
Major sources of risk and uncertainty
Sensitivity and scenario analysis for downside risk
Impact of fiscal regimes (PSC, concession, service contracts)
How economics, risk, and fiscal terms shape real decisions
How to communicate effectively with managers and decision-makers
How to apply economic thinking to engineering design choices
Who This Course Is For
Petroleum, reservoir, drilling, production, facilities, and subsea engineers
Project engineers and project managers in oil & gas
Technical professionals moving into leadership roles
Engineers preparing for FID reviews, project approvals, or interviews
Who This Course Is Not For
Advanced mathematical petroleum economics learners
Finance or accounting specialists
Spreadsheet-heavy financial modelling seekers
Course Approach
Engineer-to-engineer explanations
Decision-focused, not academic
Realistic industry logic
Risk-aware, not optimistic
Designed for real projects and real careers
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