Petroleum Economics, Finance & Commercial Management Training in Dar es Salaam, Tanzania

Key Skills You'll Learn

• Calculate and interpret NPV, IRR, payback, profitability index and discounted payback for petroleum projects.
• Construct a project cash flow model from production, price, cost and tax assumptions.
• Estimate a suitable discount rate using weighted average cost of capital and project risk.

Key Skills You'll Learn

• Design a clear, auditable model structure with separate inputs, calculations and outputs.
• Construct production, price and cost forecasts for oil and gas fields.
• Model concessionary, royalty-tax and production sharing fiscal regimes.

Key Skills You'll Learn

• Classify reserves and resources using the SPE-PRMS framework and explain what each category means for value.
• Construct production profiles and decline forecasts that support a cash flow model.
• Model royalty, tax and production sharing terms within a project cash flow.

Key Skills You'll Learn

• Describe how revenue, cost and capital flow through upstream, midstream and downstream businesses.
• Identify and quantify commodity price, currency and interest rate exposures in an oil and gas portfolio.
• Evaluate hedging instruments and design a simple risk management policy.

Key Skills You'll Learn

• Explain the strategic drivers and structures of oil and gas transactions.
• Interpret reserves and resource classifications and their effect on value.
• Build discounted cash flow models for upstream assets under different fiscal regimes.

Key Skills You'll Learn

• Explain the petroleum value chain and its implications for financial reporting.
• Apply successful efforts and full cost methods to exploration, evaluation and development spending.
• Calculate depletion, impairment and decommissioning provisions for upstream assets.