Scenario Planning for Decision Making in the Energy Industry

Posted by Salina Matt


Learn more Date of Training
24 Oct 2017

About This Course

Scenario planning, also called scenario thinking or scenario analysis, is a strategic method that some organizations use to get to grips with the broader contextual uncertainties that the organization faces when making strategic or major investment decisions. It is a way to better understand the complexity of the future business environment. As such, the scenario narratives that result from such exercises may be referred to as ‘memories of the future'. They provide a meaningful framework for discussing the key trends in the contextual environment and their implications for business decisions.

The energy industry faces much more uncertainty than 10 to 20 years ago. The energy transition is a sure thing, but how fast will it change? What is the future outlook for oil? Will power generation become as decentralized as some are suggesting? Will gas or LNG indeed act as a transition fuel, or will this be short lived as the pace of development in renewables continues to surprise? Will carbon capture and storage (CCS) ever take off as an accepted emission mitigation strategy?

We do not have the answers to these questions, neither will others. What can be done however is to explore such questions by means of scenarios. In this masterclass we will show how companies or organizations can develop and use such scenarios. The masterclass will be a two day interactive engagement with lectures and group work around some ‘live' scenario concepts being used in the energy industry. Scenario development methodologies will be discussed and practiced as well as the use of scenario thinking for decision making.

About The Trainer

Henk Krijnen completed a career of 35 years with Shell. His work in Shell took him to Indonesia, Thailand, the United States and the Netherlands. During his last five years in Shell's Corporate Strategy and Planning department he played a pivotal role in establishing new approaches for risk and scenario analysis within the company. Henk worked in the Business Environment Department, well known for the Shell Scenarios ( He was responsible for project evaluation assumptions that was applied across the Shell Group of companies, and as well for the methodologies for the analysis supporting investment decision making.

About Us

PetroEdge is the leading Oil & Gas training specialist in the Asia Pacific region. Since inception in 2007, we have provided targeted and in-depth training courses to develop the competency and capabilities of engineers, geoscientists, technicians and related professionals in leading National & International Oil Companies across the region. In our commitment to create sustainable skills development, we facilitate cost-effective skills transfer opportunities through world-class training courses with leading experts. We boast an unrivalled teaching faculty. All of our partners and trainers have extensive management and technology experience coupled with a track record in delivering high quality courses to professionals in leading oil majors globally.

We deliver our learning content through webinars, e-learning and face to face classroom teaching. We annually execute over 300 courses and cover various disciplines from engineering, science, strategy to management. Learn more about courses here

To learn more about us, visit

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Date of Training

24 Oct 2017

ScenarioPlanningDecision making in Oil & GasE&P Decision MakingDecision Making in the Energy Industryscenario modellingscenario thinkingPetroEDGE Training ProviderOil & Gas Training ProviderpetroedgeOil and GasKuala LumpurMalaysia

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