This workshop aims to bring together a wide industry audience including practitioners of economics and decision making, generalist and external experts.
It will address the emerging analytical approach, methodologies, tools, and techniques in all aspects of petroleum economics, as well as new methods in portfolio management and decision analysis. In addition, the workshop provides an excellent platform to network with your fellow practitioners.
Workshop Attendance: The last edition of the workshop was very successful, with 83 senior level delegates from 27 companies and 13 countries.
Technical programme: The workshop was spread for two days and hosted 8 sessions with more than 26 diverse and dynamic group of speakers.
Further extend your knowledge by attending the pre-workshop seminar.
An uncertain future is upon us. Amid the oil price improvement recently, the effort to be agile is critical for survival. Oil and gas companies are bogged down by increasing constraints and beset by ever more challenges. Key challenges include project delivery schedule, cost optimisation, technological disruptions and environmental regulations that affect the business environment.
Thus, beyond surviving, thriving in a changing business environment requires companies to aim towards optimising values, maximising business goals under constraints through efficient use of economic drivers; price, volume, time, cost, fiscal terms, technology, etc. As value is a function of those economic drivers, economists are therefore best positioned to advise and champion for their efficient use. Economics lies at the heart of all decision making in all petroleum activity.
Echoing that clarion call for collaboration and engagement, this workshop aims to serve as a sounding board for debates and sharing of knowledge, as an incubator for innovative ideas in petroleum economics. Participants will learn about latest organisational understanding, determination and applications of economics to all their activities.
The future is uncertain, perhaps. But with the latest knowledge and the best tools, it will be an exciting and rewarding adventure—together.
“It’s an excellent platform to share and discuss a series of key emerging issues, challenges, approaches and techniques in the domain of petroleum economics for a wide range of industry professionals including practitioners of Economics, Corporate Business Planning, Decision Making, Regulation, Legal, Geosciences, Engineering, and External Consulting.”
Abdul Jalil Zainul
Strategic Relations and Advisory, Governance and Strategic Relations, Malaysia Petroleum Management (MPM)
“Discuss the latest and hottest issues within this subject, exchange experiences and news, and strengthen relationships within our community of fellow specialists and practitioners.”
General Supervisor (A), Upstream Development Strategy Division, Upstream Development Strategy and Reserves Department