Petroleum Economy

Petroleum Economy

Petroleum economics is about how oil and gas activities are driven by economic considerations, and the way the values are shared. Petroleum Economics features a vital role to play within the Oil & Gas Industry and it lies at the guts of all deciding .Oil: lifeblood of the industrialised nations Oil has become the world's most vital source of energy since the mid-1950s. Its products underpin modern society, mainly supplying energy to power industry, heat homes and supply fuel for vehicles and aeroplanes to hold goods and other people everywhere the planet .Petroleum Economics features a vital role to play within the Oil & Gas Industry and it lies at the guts of all deciding . Various techniques have evolved over time in determining and calculating economic inputs, evaluating investments, quantifying risk and generating feasible portfolios. Petroleum Economics brings together information and expertise across the E&P spectrum and a transparent understanding of concepts like income analysis, organizational challenges, price forecasting, cost drivers and risk management is required. This training event aims to compile a good industry audience including practitioners of economics and deciding , petroleum engineers & geoscientists and offers structured short interactive training sessions on topics like Economic Modelling, Decision Analysis, Exploration Analysis and Economics of Unconventional Resources.


Last Updated on: Nov 27, 2024

Global Scientific Words in General Science