Risk and Simulation Modelling for Oil and Gas Applications 2015

Key Topics

• 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

Who should Attend

• Planning, Development & Commercial Analysts
• Business & Strategic Planners
• Financial Analysts
• Budgeting & Forecasting Staffs
• Petroleum Economists
• Corporate Financiers
• Business Analysts
• Risk Managers
• Portfolio Managers