Cost Engineering, Financing and Risk Management for Upstream and Downstream Oil & Gas Projects

Overview

Cost engineering, financing, and risk management are critical components of successful upstream and downstream oil and gas projects. The "Cost Engineering, Financing, and Risk Management for Upstream and Downstream Oil & Gas Projects" course is designed to equip professionals with the essential knowledge and skills needed to effectively manage the financial aspects of oil and gas projects.

The two critical components that consistently demand the attention of project managers are "Cost" and "Time." The undeniable correlation between Cost and Schedule is widely acknowledged. While capturing costs during execution may not pose significant challenges, the complexities arise during the stages of Design, Engineering, Estimating, Planning, Scheduling, and securing financing for the project. Corporate management is tasked with delivering pragmatic, dependable, and risk-adjusted projections of a project's comprehensive financial performance.

This 5-day course is developed to make the delegates walk through the engineering formulas and equations to become a professionals in managing estimates, projections, risks, and uncertainties and secure financing for high-value, high-risk projects, from both Onshore and Offshore Oil & Gas industry segments.