Course in Economics’ Foundations of Oil Industry


Course in economics’ foundations of oil industry leading the oil sector to succeed in 21 century  is offered the trainees.At the beginning ,the course   shows and  develops a main economic theory and  its applications to supply ,find, develop,  transfer and market energy resources.The effect of applications success or failure the institution is important.

This course offers real experience and survey enabling the participants to learn and discuss these topics in public.

Objectives and target group

The British Academy for Training and Development offers this course to the following categories:

  • Juniors in an oil field.
  • Directors ,officials ,and investors
  • The interested in oil and gas industries.

After completing the program, participants will be able to master the following topics:

  • Understand main economic principles of oil industry.
  • Learn analyzing methods and making decision in investment capital and increase stockholders’ profit
  • Develop applications the basic economic theory
  • Collect real experience and survey concerning oil industry

Course Content

  • Main economic concepts of oil industry
  • Cash flows and methods of analyzing a profit
  • Implement basic financial economic accounting processes
  • Global energy economics
  • Analyzing a competitive oil
  • Institution theory in the oil sector.
  • Depreciation and resource costs
  • Joint projects
  • Analyzing sunken cost.
  • Variable and fixed costs
  • Discount
  • Capital cost
  • Portfolio management in an oil industry.
  • Planning for quality
  • Define strategy ,establish framework ,and define high risks by using analyzing kind and effect of failure 
  • Survey concerning analyzing kind and effect of failure
  • Which makes a quality plan
  • Establish an applicable practical quality plan
  • Effective implement for quality plans.

Course Date





Course Cost

Note / Price varies according to the selected city

Members NO. : 1
£3800 / Member

Members NO. : 2 - 3
£3040 / Member

Members NO. : + 3
£2470 / Member

Related Course

The Course of Foundations of Gas and Oil Management