You're now visiting the official Saudi
website of GLOMACS International

Petroleum Policy & Economics

An Interactive 5-Day Training Course

Petroleum Policy & Economics

Navigating Market Dynamics in a Transforming World

NASBA
Classroom Schedule
Date Venue Fees
06 - 10 Jul 2026 Houston $ 7,950
30 Nov - 04 Dec 2026 Houston $ 7,950

Course Summary

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 landscape and long-term trends
  • Project decision analysis, profitability measures, and risk assessment techniques
  • Energy transition and economics of decisions
  • Cash flow modeling, investment decision measures, and sensitivity analysis
  • Risk management using decision trees, Monte Carlo simulations, and probability distributions
  • Strategic Decision-Making insights by evaluating project options
  • Decision recommendations using investment analysis, scenario planning, and the use of software models
  • The analytical challenges unique to the oil and gas industry
Course Outline
Day 1

Industry Foundations, Policy Context & Economic Principles

  • Global petroleum industry landscape and long-term trends
  • Government policy and its impact on industry structure
  • Analytical challenges unique to oil and gas projects
  • Introduction to project decision analysis
  • Scenario Analysis for better decision making
Day 2

Fiscal Regimes, Cash Flow & Sensitivity

  • Understanding petroleum fiscal regimes and their impact
  • Cash flow modeling components for oil and gas projects
  • Core profitability measures (NPV, IRR, Payback)
  • Impact of commodity price forecasts and policy changes on cash flows
  • Techniques for sensitivity analysis
  • Tutorial: Daisy Project embedded green technology in petroleum production
Day 3

Policy Risk, Quantitative Risk Management

  • Project risks, including political and regulatory risks
  • Introduction to decision trees for sequential decision analysis
  • Applying decision trees to evaluate project options under risk
  • Principles of Monte Carlo simulations for quantifying uncertainty
  • Probability distributions for key uncertain variables, including policy-related uncertainties
  • Tutorial: field development for Enceladus project
Day 4

Energy Policy, Advanced Risk & Strategic Insights

  • Running and interpreting Monte Carlo simulations using software
  • Energy transition and related energy policies
  • Policy incentives/disincentives affecting economics of decisions 
  • Strategic decision-making insights for long-term project value
  • Evaluating complex project options in a dynamic market
Day 5

Policy-Driven Recommendations & Outlook

  • Integrating economic analysis, risk assessment, and strategic insights
  • Robust decision recommendations based on comprehensive analysis
  • Upcoming Developments in energy landscape: shale boom 
  • Upcoming Developments in energy landscape: Emission Allowance Markets 
  • Software models for advanced decision support
  • Capstone exercise: Formulating and presenting strategic project recommendations
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

Options & Brochure
Related Categories
Oil and Gas

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

Related Courses
Frequently Asked Question

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.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

View All Training Locations

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.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email [email protected] . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at [email protected]

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.

Related Categories