(EnergyAsia, June 25, Thursday) — The ‘Economic Assessment Techniques Used in Oil and Gas Industry’ course, organised by NeoEdge Pte Ltd, will be held in Singapore from July 7 to 10.
The course will discuss the fundamental risks, uncertainties and issues associated with new investment and management of existing assets within the upstream oil and gas industry. From the commercial fundamentals and market pricing through to econometrics and portfolio management, this course will cover the essential advanced skills required to be effective in the upstream industry.
Training will focus on techniques to calculate the economic and financial viability of projects, to quantify the impact of risk and uncertainty, to compute various measures of project viability including net present value, internal rate of return, profitability index and payback as well as the understanding of the appropriate method for different situations.
Modules covered include economic analysis and evaluation, data collection and assessment, probabilistic techniques, project assessment, the opportunity cost of capital, fiscal aspects of investments, and mergers and acquisitions.
The course will also provide delegates with an opportunity to examine and discuss various case studies.
Industry experts Anthony Way and Yvonne Barton from UK’s Energy Contract Company will be facilitating the course.