Course & Workshop

June 2 – 6, 2024

Instructor: Dr. Ismael Mahgoub

Who Should Attend

• • Senior level of Petroleum Engineers, Geoscientist, and Finance Managers.
• Newly appointed managers.

Master Workshop Objectives

• Preparation of economic feasibility studies of petroleum reservoir development plans for management approval is a challenging responsibility. This is achieved in this workshop by learning how to :-
1. Establish effective multi-disciplinary teams of senior staff to developing petroleum reserves, particularly in the nature of the volatile petroleum market.
2. Secure the decision analysis through carrying out sensitivity study since the upstream petroleum system is subject to considerable risk & uncertainty environment.
• This multi-disciplinary team approach would promote the technical & finance efforts for securing managerial approval.
• The workshop is designed primarily for those professionals whose responsibility during the carrier will include any of these essential aspects of the above sited components.

Workshop Objectives

1- To develop an understanding of the HC field life cycle.
2- To promote an international reservoir engineering techniques and best practice relating to the development of HC field, reserve estimate, production forecast, etc……..
3- To gain insight & knowledge of economic evaluation process to establish cash flow model of a development plan to evaluate its profitability.
4- Provide knowledge of how to carry out sensitivity analysis of the generated cash flow model.
5- Integrate the generated cash flow model into the business FiscalRegim of the Corporate.

Methodology

The workshop is focusing on in–classes excel sheet application to promote the participants practical skills. Accordingly the time allocation is divided into :

• 50 % for lectures
• 50 % for practical sessions

Accordingly:-
1- The participants will be distributed into multi-disciplinary, roundtable teams.
2- Every participant is to bring with him his Lap-Top to effectively carry out the practical sessions.

Location

First day will be held at the Holiday Inn Maadi Hotel, in Cairo. The participants will fly the next day to Hurghada. The course will be continued in Hurghada.

Course Fees

Inclusive of refreshment and lunch at the Holiday Inn Maadi Hotel. Air Ticket Cairo/Hurghada return and accommodation in Hurghada.

Instructor Profile

• Head of Pet. Eng. Dept, FUE.
• Ex associate Professor, Cairo University.
• More than 25 years of practical experience in upstream petroleum industry.
• About 10 years of leading multi-national JV Operations along which multi-phase upstream projects in Oil & Gas business has been carried out and successfully implemented.
• More than 10 years in teaching technical, and business courses, in the Gulf countries, North Africa, and Asia.
• SPE member.