Risk and Simulation Modelling for Oil and Gas Applications 2015 is a course that covers topics such as:
- Situations where risk analysis and modelling can add value
- Key modelling applications of risk and uncertainty assessment within the oil and gas sector, including upstream and downstream areas
- The modelling requirements and issues in building risk and uncertainty models
- Key concepts required to quantify and measure risk and uncertainty, and the terminology of risk, statistics and optimisation
- Advanced models using a variety of approaches: Excel/VBA (macros) and RISK and the use and benefits of each approach
- How to implement Monte Carlo simulation, and related tools, such as sensitivity, scenarios, optimisation and decision tree modelling
Risk and Simulation Modelling for Oil and Gas Applications 2015 brings together:
- Planning, Development & Commercial Analysts
- Business & Strategic Planners
- Financial Analysts
- Budgeting & Forecasting Staffs
- Petroleum Economists
- Corporate Financiers
- Business Analysts
- Risk Managers
- Portfolio Managers