Engineering Cost Evaluation of Petroleum Project
- Prospects of upstream and downstream oil industries
- Types of oil and gas contracts
- Basic concepts of engineering economics
- Interest rate
- Rate of return
- Simple and compound interest
- Nominal interest rate and effective interest rate
- Present value analysis
- Annual value analysis
- Return rate analysis
- Breakeven point analysis
- Multi-criteria decision making
- The effects of inflation on the economic evaluation process of projects