Fundamentals of Petroleum Economics - Economic Analysis and Exploration
Save Big on Coursera Plus. 7,000+ courses at $160 off. Limited Time Only! Grab it Dive into a comprehensive 51-minute lecture on Petroleum Economics presented by Dr. Omar Badawi Abu-elbashar from PetroNile Academy. Gain valuable insights into economic analysis principles, key economic indicators, exploration economics, and international E&P agreement structures. Learn about technical service agreements, production sharing contracts, and the importance of planning in the petroleum industry. Explore the effects of inflation on buying power, the relationship between investment and profit, and understand the time value of money. Master concepts such as compound interest, future value calculation, discounting, and net present value calculation. Enhance your decision-making skills in the oil and gas sector through this informative session designed for industry professionals and aspiring petroleum economists.