The main objective of Masterclass Petroleum Economics training program is to equip professionals with the following:

• Information and knowledge of energy economics specific to Petroleum
• Awareness and understanding of international standards and concepts related to Petroleum companies and projects
• How better management of Petroleum can cause organisational development and operational enhancement
• The necessary skills and experience to train other professionals regarding best practices of petroleum economics
• The experience and exposure to address appropriate aspects of climate change and use of Petroleum
• The required analytical skills to accurately assess Petroleum supply and demand
• The skill set and capabilities to work with various energy models to increase efficiency and overall delivery
• The expertise to assess risks, alter course for effective resolutions at the earliest

The training courses of Petroleum economics at Solid State Training are framed with scope for customisation as per the academic and/or professional backgrounds of the training audience of each batch. An experienced professional from the related domain delivers the training using detailed audio-visual live sessions. The trainer also encourages two-way communication and participation of attendees using group activities and projects. This approach is known the Do–Review–Learn–Apply Model.

The organization will gain following benefits from petroleum economics course:

• Petroleum Economist guide and train other members of the organization
• Organization would know that how economic attractiveness of upstream oil and new gas ventures can be initiated and evaluated
• Better economic decisions keeping in reserves classification in mind, production forecasting, inflation, contractual arrangements and risk
• Better understanding of new opportunities for financing petroleum projects
• Successful risk assessment, analysis & alleviation with the help of a detailed analysis by trained specialists
• Better prediction and assessment of petroleum demand to increase profits

Professionals undertaking this Petroleum economics training course will get the following benefits:

• Understanding of all critical aspects of Petroleum economics and finance
• Enhanced analytical skills to effectively and accurately assess Petroleum supply and demand
• Increased knowledge, confidence and skillset to train other employees for best practices
• Better ability & understanding to grow and change processes for improved organisational development
• Better farsightedness to predict risks and make arrangements to lessen the downside of these on the company