Graduate Certificate

Upstream Economist Certification

EAM/UEC

Who should attend?

  • This certifying training aims to provide in-depth knowledge in economics, contracts/taxation and finance in order to hold rapidly and effectively the position of upstream economist.

Level : Proficiency

Course Content

  • TECHNICAL & ECONOMIC ASPECTS OF THE PETROLEUM INDUSTRY

    Module 1: OVERVIEW OF OIL & GAS CHAIN

      • International energy scene.
      • Upstream economics and downstream economics.
      • Oil trading.
  • Module 2: INTRODUCTION TO PETROLEUM ENGINEERING

      • Reservoir engineering.
      • Well intervention.
      • Surface facilities.
  • ECONOMIC MODELING OF EXPLORATION-PRODUCTION CONTRACTS

    Module 3: CONTRACTUAL & FISCAL FRAMEWORK OF EXPLORATION-PRODUCTION

      • Legal, contractual and fiscal framework.
      • Main clauses of petroleum contracts.
      • Association agreements.
  • Module 4: ECONOMIC EVALUATION OF EXPLORATION-PRODUCTION PROJECTS

      • Economic criteria and economic costs analysis.
      • Equity profitability analysis and project funding.
      • Risk analysis of exploration-production projects.
  • FINANCIAL MANAGEMENT OF UPSTREAM ASSETS

    Module 5: UPSTREAM ACCOUNTING & FINANCIAL MANAGEMENT

      • Accounting standards and consolidated financial statements.
      • Financial analysis.
      • Introduction to audit and financial reporting.
  • Module 6: GOVERNANCE OF AN E&P COMPANY

      • Governance of companies.
      • Audit and Internal control.
      • Oil & Gas specific issues.
      • Best practices study.

Learning Objectives

  • Upon completion of the course, participants will be able to:
  • evaluate all aspects of taxation and contracts for upstream assets,
  • build advanced economic models for evaluating Exploration-Production projects,
  • interpret the different financial statements published by oil companies,

Ways & Means

  • Case studies simulated on computers,
  • Analyze the main corporate financial statements issued by oil & gas companies.

Certification

  • An international recognition of your competencies.
  • A Graduate Certificate is delivered.
  • An expertise confirmed in Upstream Economist .
  • Ready-to-use skills.