An Interactive 5-Day Training Course
Petroleum Policy & Economics
Navigating Market Dynamics in a Transforming World
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| Date | Venue | Fees | |
|---|---|---|---|
| 06 - 10 Jul 2026 | Houston - USA | $ 7,950 | |
| 30 Nov - 04 Dec 2026 | Houston - USA | $ 7,950 |
The oil & gas industry is a dynamic and high-stakes environment. It presents unique analytical challenges where every decision has far-reaching consequences. The inherent uncertainty in oil and gas decisions is also multifaceted, stemming from both geological and market-borne aspects. Yet as the famous investor Warren Buffett has aptly put it, "Risk comes from not knowing what you're doing." This Petroleum Policy & Economics training course prepares participants to tackle the challenges of decision making in the oil and gas industry by providing them with skills in project decision analysis, economic evaluation, and policy analysis.
Learning policy analysis in the oil and gas industry is crucial for making informed, strategic decisions that maximize value and mitigate risks amidst complex market dynamics, regulatory changes, and geopolitical shifts. It enables professionals to understand how policies impact project economics, investment, and sustainability. By the end of this Petroleum Policy & Economics training course, participants will have the knowledge and skills to steer projects through industry uncertainties and towards profitable outcomes.
This GLOMACS Petroleum Policy & Economics training course will highlight:
Petroleum industry is the realm of large bets with uncertain outcomes. Yet as John A. Shedd mentions "A ship in the harbor is safe, but that is not what ships are built for."
At the end of this Petroleum Policy & Economics training course, you will learn to:
This training course uses an interactive learning environment where participants actively engage in discussions, case studies, and practical exercises to reinforce learning key concepts. The instructor brings extensive academic and consulting experience to the table. He blends robust concept descriptions with learning through real-world examples and applications. Ideas are presented clearly, fostering a "learning for doing" approach, so participants can confidently apply their knowledge to solve complex project challenges.
Employees with the knowledge and skills of this training course contribute to better decision-making that benefits everyone by optimizing project economics, improving resource allocation, and mitigating financial risks. Furthermore, understanding petroleum policy development and economics adds strategic value and strengthens the organization's competitive advantage. This improves the long-term financial sustainability of the organization in the dynamic oil and gas and energy industry.
This training course significantly enhances participants’ decision-making and analytical skills, empowering them to navigate complex and uncertain situations even beyond the petroleum industry landscape. By mastering key tools like financial modeling, risk assessment, and strategic planning, employees will develop a broader skillset that leads to more career growth opportunities. The specialized knowledge gained in project economics and decision analysis will not only increase their value to the company but also strengthen their expertise in the oil and gas and energy industry. This training course
This training course benefits anyone involved in making or supporting project decisions within the oil and gas industry. It is specifically beneficial for project managers, financial analysts, engineers (Project, Petroleum, Operations), risk analysts, business development managers, investment analysts, operations managers, portfolio managers, strategic planners, and anyone involved in the process of project decision-making.
This GLOMACS Petroleum Policy & Economics training course is suitable to a wide range of professionals but will greatly benefit:
No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.
No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.
Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.
Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.
GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.
Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.
Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.
Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.
Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.
Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.
