Course overview
Petroleum Economics & Risk Analysis: Advanced Level is an advanced programme for experienced practitioners 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
- Apply advanced analysis methods to real operating data
- Recognise common problems, risks and root causes and choose the right corrective action
- Prepare an improvement plan for their own site or organisation
Who should attend
Designed for operations, production and process staff in upstream, midstream and downstream oil and gas with at least three years of experience.
Course outline (5 days)
- Day 1: Core principles revisitedFast review and recent changes in API, IOGP, ISO 13702 and company standards
- Day 2: Advanced analysis methodsDetailed techniques, data interpretation and calculations
- Day 3: Design and performance optimisationImproving reliability, efficiency and cost
- Day 4: Troubleshooting complex casesDiagnosing multi-cause problems from field data
- Day 5: Risk, decisions and integrationBuilding a risk-based plan and presenting recommendations
What the 10-day edition adds
- Day 6: Applied project, part 1Apply the week-one methods to a case from your organisation
- Day 7: Data and digital toolsSoftware, spreadsheets and digital tools used in practice
- Day 8: Lessons from incidents and auditsWhat investigations and audit findings teach
- Day 9: Applied project, part 2Complete, test and refine your solution
- 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.
| Dates | City | Duration | Fee | |
|---|---|---|---|---|
| 25 Jan – 5 Feb 2027 | Tbilisi Classroom | 10 days | $9,900 | Register |
| 24–28 May 2027 | Barcelona Classroom | 5 days | $5,500 | Register |
| 27 Jun – 8 Jul 2027 | Manama Classroom | 10 days | $9,900 | Register |
| 8–12 Nov 2027 | Kuala Lumpur Classroom | 5 days | $5,500 | Register |
| 6–17 Dec 2027 | Online (live) Online (live) | 10 days | $5,500 | Register |
| 7–18 Feb 2028 | Lagos Classroom | 10 days | $9,900 | Register |
| 10–14 Apr 2028 | Amsterdam Classroom | 5 days | $5,500 | Register |
| 23 Apr – 4 May 2028 | Cairo Classroom | 10 days | $9,900 | Register |
| 30 Apr – 4 May 2028 | Alexandria Classroom | 5 days | $5,500 | Register |
| 3–14 Jul 2028 | Online (live) Online (live) | 10 days | $5,500 | Register |
| 8–19 Apr 2029 | Erbil Classroom | 10 days | $9,900 | Register |
| 7–11 May 2029 | Amsterdam Classroom | 5 days | $5,500 | Register |
| 28 May – 8 Jun 2029 | Geneva Classroom | 10 days | $9,900 | Register |
| 18–22 Jun 2029 | Copenhagen Classroom | 5 days | $5,500 | Register |
| 30 Jul – 10 Aug 2029 | Online (live) Online (live) | 10 days | $5,500 | Register |
| 10–21 Feb 2030 | Salalah Classroom | 10 days | $9,900 | Register |
| 4–8 Mar 2030 | Lisbon Classroom | 5 days | $5,500 | Register |
| 3–14 Jun 2030 | Budapest Classroom | 10 days | $9,900 | Register |
| 21–25 Jul 2030 | Doha Classroom | 5 days | $5,500 | Register |
| 21 Oct – 1 Nov 2030 | Online (live) Online (live) | 10 days | $5,500 | Register |
Related courses
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- QGT-OGP-171Petroleum Economics & Risk Analysis: Practical WorkshopPractical workshop
- QGT-OGP-183Gas Processing & Conditioning MasterclassMasterclass
- QGT-OGP-196Petroleum Economics & Risk Analysis MasterclassMasterclass