Upstream oil and gas economics play a crucial role in managing oil and gas assets, including investment decision-making, asset valuation, and general operational management of assets (WK). It is essential for professionals responsible for economic evaluations to have strong competencies and continuously enhance their skills, both with respect to new regulations and best practices and techniques in economic evaluation. Similarly, for employees who are not directly responsible for economics or who have not been involved in economic evaluations before, it is important to have sufficient knowledge to actively participate in discussions about asset management and investments from a commercial/economic perspective.

The Petroleum Economics & Investment Decision-Making Techniques training is part of the Upstream Business Development training series and serves as an advanced course following the Basic Petroleum Economics training. This course is designed to strengthen the foundation and capabilities of employees, particularly those involved in project economics, to independently plan, evaluate, and analyze project economics, including preparing papers and creating economic models in accordance with best practices.