BEGIN:VCALENDAR VERSION:2.0 PRODID:-//Eventin//Event Calendar//EN CALSCALE:GREGORIAN METHOD:PUBLISH BEGIN:VEVENT UID:6d79dc998d49b30e54e812afc7ac9873@egytraining.org SUMMARY:Integrated Field Development Planning DESCRIPTION:Introduction\nIntegrated Field Development Planning is a corner stone in the oil and gas industry\, helping professionals identify the most effective ways to develop oil and gas fields while managing complex challe nges. This training course will give participants insight into how multi-di sciplinary teams\, consisting of geoscientists\, engineers\, and commercial specialists\, work together to create robust plans for field development. These teams must navigate large investments and uncertainty\, ensuring ever y decision is well-informed and optimized for success.\nThis course is desi gned for early- to mid-career professionals in geosciences\, engineering\, and commercial disciplines\, preparing them to work effectively within inte grated teams on international field development projects and providing the tools to step into leadership roles in the oil and gas industry.\nCourse Ob jectives\n\nUnderstanding Integrated Field Development Planning: Participan ts will gain a deep understanding of the collaborative process involved in integrated field development planning for international oil and gas project s.\nDevelop Practical Skills: Participants will learn tools and techniques directly applicable to their future roles in field development\, enhancing their ability to manage complex projects.\nGrasp the Scientific Background: The course will cover the fundamental science behind oil and gas formation \, providing a strong foundation for understanding field development proces ses.\nMaking Effective Early Planning Decisions: Emphasis will be placed on the importance of early-stage decisions\, including concept selection and front-end loading\, in delivering successful projects that manage large inv estments and risks.\n\nCourse Outlines\nDay 1: Field Development Planning – Industry Context & Team Roles\n\nIndustry Context for Field Development Planning: Participants will understand the upstream oil and gas industry f rom different perspectives\, including asset lifecycle\, value chains\, key players\, and the industry’s role in society.\nThe Role of Integrated Te ams: Explore how geophysics\, petrophysics\, reservoir engineering\, well e ngineering\, and facilities engineering form the backbone of decision-makin g in integrated teams.\nField Development Planning Workflow: Learn the scie nce\, culture\, and challenges involved in field development planning\, par ticularly in managing incomplete information and uncertainty.\n\nDay 2: Int egrated Field Development Planning & Economics\n\nCollaborative Field Devel opment Planning: Understand how integrated teams—comprising commercial\, scientific\, and engineering professionals—collaborate to develop a field .\nPetroleum Economics: Learn how economics influences development planning \, including cash flow analysis\, time value of money\, and investment metr ics.\nField Development Planning Workshop: Apply the concepts of planning a nd economics through practical exercises focused on decision-making and res ource allocation.\n\nDay 3: Decision-Making in Field Development Planning\n \nDecision Analysis: Learn decision-making tools such as expected value\, s ensitivity analysis\, decision trees\, and Monte Carlo simulation\, to ensu re rational and efficient investment decisions.\nField Development Planning Workshop: Work through practical decision-making scenarios in oil and gas field development projects.\n\nDay 4: Production Contracts & Petroleum Reso urces Management\n\nProduction Contracts & Licenses: Understand the legal\, fiscal\, and contractual conditions that govern oil and gas production rig hts and how wealth is shared with host countries.\nPetroleum Resources Mana gement: Learn how oil and gas reserves and resources are calculated\, class ified\, and reported for management\, regulatory\, and investment purposes. \nField Development Planning Workshop: Apply knowledge in practical scenari os related to production contracts and resource management.\n\nDay 5: Safet y & Environmental Considerations in Field Development Planning\n\nCorporate Responsibility: Discover how oil and gas projects are executed safely\, su stainably\, and responsibly\, with respect for the environment and local co mmunities.\nField Development Planning Workshop: Finalize the field develop ment plan while considering safety\, environmental impacts\, and community relations.\n\nWhy Attend This Course: Wins & Losses!\n\nMaster Strategic De cision-Making: Learn to use advanced tools like sensitivity analysis and Mo nte Carlo simulations to make well-informed decisions that maximize the val ue of oil and gas projects.\nCollaborate in Integrated Teams: Gain essentia l skills for working with diverse professionals from engineering\, geoscien ces\, and commercial sectors\, fostering collaboration and teamwork.\nUnder stand Industry and Economic Context: This course will equip you with the kn owledge of how economic factors influence development planning\, enabling y ou to make financially sound decisions.\nHands-On Practical Application: Th rough workshops and exercises\, participants will gain real-world experienc e in developing integrated field development plans\, resource management\, and economic assessments.\n\nConclusion\nThe Integrated Field Development P lanning course offers a unique opportunity for professionals in the oil and gas industry to develop key skills for handling complex field development challenges. By mastering the science\, economics\, and strategic decision-m aking processes behind field development\, participants will be well-equipp ed to contribute to successful projects and advance into leadership roles. This training is an essential step for those aiming to excel in integrated field solutions and make a lasting impact on the energy sector. LOCATION:Riyadh DTSTAMP:20260611T034703Z DTSTART:20260604T034500Z DTEND:20260617T210500Z END:VEVENT END:VCALENDAR