Cost, Financing and Risk Management for Upstream and Downstream Oil & Gas Projects

Overview

This course provides a practical and structured understanding of cost estimation, project financing structures, and risk management strategies across upstream and downstream oil & gas projects. Participants will gain insight into how capital-intensive energy projects are planned, funded, and executed while managing complex risks, cost uncertainty, and stakeholder expectations.

This course offers a detailed exploration of financial management, cost control, and risk assessment in the oil and gas sector, covering both upstream and downstream operations. Participants will gain practical insights into project budgeting, capital and operating expenditure planning, financing options, and investment appraisal.

The programme also examines strategies to identify, evaluate, and mitigate risks inherent in oil and gas projects, enabling participants to make informed decisions that optimise profitability and ensure long-term project sustainability.

Objective

• Understand the key cost structures and drivers in both upstream and downstream oil and gas operations
• Apply techniques for estimating project costs, budgeting, and controlling expenditures
• Evaluate financial models and financing options for large-scale energy projects
• Analyse investment opportunities using economic and financial evaluation methods
• Identify, assess, and mitigate technical, financial, and operational risks
• Use qualitative and quantitative tools for comprehensive project risk analysis
• Enhance decision-making throughout the planning, development, and execution phases of oil and gas projects