The 5 Days sophisticated training course in Petroleum Economics is an entry-level course designed to bridge gaps in your knowledge and give you true business advantage. It covers everything you need to know about the economics behind the petroleum industry, in very simple language. You’ll gain insight into current issues, industry terminology, risk analysis, sensitivity analysis, cash flow models, investment decision essentials and more. After attending, you won’t ever feel like an outsider in technical meetings. We’ll make it all easy for you.

1. Oil & Gas Special Training Course
By: Sadegh Yazdani, PhD. Energy Management
02-06 MARCH 2015 DUBAI,
16-20 MARCH 2015 MOSCOW,
23-27 MARCH 2015 ISTANBUL

2. 1
What is this course about?
The 5 Days sophisticated training course in Petroleum
Economics is an entry-level course designed to bridge gaps
in your knowledge and give you true business advantage. It
covers everything you need to know about the economics
behind the petroleum industry, in very simple language.
You’ll gain insight into current issues, industry terminology,
risk analysis, sensitivity analysis, cash flow models,
investment decision essentials and more. After attending,
you won’t ever feel like an outsider in technical meetings.
We’ll make it all easy for you.
PETROLEUM ECONOMICS
JUST IN FIVE DAYS
GETTING THE TOOLS TO DO
JOBS BETTER
CERTIFICATION
PREPARING FOR
ADVANCEMENT
THIS IS NOT A JUST TOOLS
TRAINING
Dione Oil ltd
A Brand New in
Oil & GAS
www.dioneoil.com

3.  Understand oil and gas
pricing and forecasting
 Appreciate the diversity of
fiscal systems worldwide
 Build Excel-based economic
models in both tax/royalty
and production sharing
contract fiscal systems
 Interpret the economic
results and quantify the
risks so as to put values to
prospects, fields and
companies
KEY ECONOMIC
METRICS
O & G
PRICING MODELS
FISCAL SYSTEMS
TAXATION AND
PSC RINGFENCING
CONCESSIONARY
SYSTEMS
AND PSA CONTRACTS
The Course overview
This course is an excellent introduction to the
fundamentals of petroleum economics and provides the
technical foundation. You will learn key topics of
petroleum economics such as: project economics, cash
flow, economic indicators, types and elements. This
practical training course will enable delegates from all
technical and commercial disciplines to understand the
theories and methods used to value oil and gas projects.
The four-days will reveal the fundamental aspects of
upstream petroleum economics and risk analysis.
Through computer-based exercises, participants will
construct economic models, incorporating relevant cash
flow data for case study projects and scenarios. By
attending this highly interactive and practical course you
will:
 Understand the theory of petroleum economics based
on discounted cashflow
 Calculate with confidence the key economic metrics
used in investment
 Appreciate the geological and engineering inputs to the
cashflow model

4. Main Topics
Attend this practical and interactive five day training course
and enhance your knowledge on the following key areas:
 Theory of petroleum valuation based on discounted cashflow
 Key economic metrics for investment decision making
 The geological, reservoir and engineering inputs
 Oil and gas pricing issues
 Study of worldwide fiscal systems
 Advanced techniques: Consolidation and incremental analysis
 Taxation and PSC ring fencing
 Quantification of risk: Sensitivity analysis, decision trees and
Monte Carlo analysis
 Cash flows for concessionary systems and production sharing
contracts
 Upstream economics workshop: The taxation case study
 Upstream exploration prospect valuation workshop
 Upstream economics workshop: The PSC case study
 Upstream economic workshop: The PSA case study
THE INSTRUCTOR
S. Yazdani, PhD. Energy Management
He has extensive oil and gas
industry knowledge having
worked in various oil & Gas fields
such as managerial, economical,
financial and commercial roles
over nearly 25 years. He is an
experienced trainer to the NOCs,
IOCs and states running regular
petroleum financial, economics,
fiscal, risk and cost management
courses globally with about 5560
hours training background for
Oil & gas companies such as:
 PMO,
 Gazprom,
 MIS,
 TurkmenGaz,
 CNPC,
 PEDEC,
 NIOC,
 KPO (a joint of Chevron,
Lukoil, BG Group, eni,
kazmunaigas),
 NIGC,
 Hudson,
 Petroleum Ministry of Iraq,
 ADNOC
 BIGC
 Kazmunaigas
 ARAMCO
 NIGC
How to Register
Our top priority is to provide comprehensive
mentoring and foster trainee development for Oil &
Gas companies and organizations. In this line we
accept only Group registration by the companies. For
more detailed information and registration process
please contact:
Sadegh.yazdani@dioneoil.com
Sadegh.yazdani@nodoc.eu
HTTP://WWW.DIONEOIL.COM
cy.linkedin.com/in/sadeghyazdani