This course deals with understanding the basic economic concepts involved in hydrocarbon exploration projects. The topics covered include project assessment, investments, risk analysis, and decision making.
Introduction to petroleum economics and law
Economic and legal aspects of petroleum contracts and projects
Legal and regulatory framework for the petroleum sector with emphasis on EU, Greece and South East Europe
Fiscal regimes for the petroleum sector
Local content economics and legislation in the petroleum sector
Economic and legal aspects of alternative market forms
Climate change and sustainable development goals: Implications for the petroleum sector
Present and future of the oil and gas industry
Exploration and Production Rights
Strategy of Oil Companies/ Fiscal Regimes
Project Economics and decision Making
Petroleum Engineering postgraduate program of the Technical University of Crete is a one-year, full-time program, designed to provide students with a scientific background in hydrocarbon exploration and skills in the practical aspects of petroleum engineering. The program begins in October, and leads to a Master of Science (MSc) degree. The program is run by the School of Mineral Resources Engineering.