Institute of Petroleum Studies

The Institute offers various courses and training programs related to the fields of oil, gas and natural resources in order to develop the skills and capabilities of the national in this important aspect and provide the companies working in these sectors with qualified national manpower at all levels of work. Such skills and knowledge in maintaining the safety of employees and public and private property Also provides services to different segments of society programs of career qualification. Gradually to Develop Institute services from the level of training and short and medium courses to programs and diploma qualification specialized in association with some universities and institutes with academic and scientific reputation and recognized by the concerned authorities.

Internal Rate of Rate in Capital Budgeting Measures the Profitability of Potential Investment, it is a discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.

Payback period shows how long it takes for the return of investment, it does not show what the return on investment is.

Total Capital of the Project : 150,000 OMR
Internal Rate of Return : 40 %
Payback Period : 2 Years

Financial Indicators can fluctuate according to total invested capital of the Project, This Project can be established with different Total Capital depending on size of Project.

•	Administrative & technical programs in the fields of oil, gas, natural resources
•	Courses and programs in the areas of security, health and safety
•	Courses and programs in project management and administrative development