INTRODUCTION:
In the past, excessive production of crude oil has always led to a worldwide oil glut and a consequent decline in oil prices. Both International Oil Companies (IOCs) and National Oil Companies (NOCs), upstream and downstream of the Oil & Gas supply chain, are facing difficulties as a result of the present cycle of low oil prices. This has forced many companies to reinvent themselves and give up on typical strategic planning exercises in favor of downsizing, combining, delaying projects, and in extreme cases, canceling projects altogether along with staff layoffs.
The cost of producing oil may be unprofitable, but the sector still has to explore and develop oil and gas projects to fulfill future demand, according to a deeper look at production operations.
Delegates who participate in this program in the Oil & Gas Technology category gain a deeper grasp of the main difficulties affecting the petroleum industry as well as the skills and information needed to successfully recognize and address these problems. Future Oil & Gas energy projects will be successfully managed if project managers have a thorough understanding of the most recent developments in risk management, planning and scheduling methods, and project finance and economics.
OBJECTIVES
By the end of this training, participants will be able to:
- Appreciate the important issues facing the industry and the strategies to effectively address them
- Gain a clear understanding of the companies that make up the petroleum industry
- Learn about the geopolitical issues surrounding global Oil & Gas supply, transportation and pricing
- Gain specific skills in budgeting finance and strategic planning whilst assessing the commercial viability of Oil & Gas Projects
- Understand the management of resource allocation (money, time, people, technology)
- Develop an understanding of how derivative markets can be utilized in risk management
- Acquire an understanding and compare various international fiscal systems
- Explain the nature and fundamental of Oil & Gas Projects and Project Management
- Function more effectively and efficiently in today’s competitive Oil & Gas business environment
- Evaluate the strategic challenges facing the industry and implications for their organization
WHO SHOULD ATTEND?
This training is essential for personnel that need to improve their leadership presence and learn more about risks and strategic planning in the Oil & Gas industry.
It is suitable to a wide range of professionals but will greatly benefit:
- Business Development Professionals
- Corporate Planners, Investment Analysts, Oil & Gas Directors who would appreciate the gist of a full Oil & Gas energy training study program
- More senior Oil & Gas executives intrigued by the concepts of a training but lacking the time for a full training
- Managers in the Oil & Gas energy sector that want a ‘taster’ to see if a full MBA might be for them
- Professionals who have already done a generictraining but want to relate those processes to the Oil & Gas industries
- Managers in industries and professions supplying or serving the industry who would like a deeper understanding of oil and gas, e.g. bankers, lawyers, analysts, service majors, etc.
- Project managers, Engineers, Supply Planners & Scheduling Professional
 Course Outline
DAY 1
The Oil & Gas Industry – Synopsis
- Petroleum Formation and the Chemical Nature of Petroleum
- Global Petroleum Reserves, Supply and Demand
- The Global Energy Mix
- Natural Gas and Petroleum Product, Specifications
- Oil and Gas Exploration and Production
- The Shale Oil & Gas Revolution & New Processes MWD & LWD
- Adding Value: Petroleum Refining & Natural Gas Processing
DAY 2
The Oil & Gas Supply Chain
- Field Development & Reservoir Management
- Oil and Gas Supply Chain Management SCM
- The Role of Major Network Design Decisions in a Supply Chain
- Current Issues in the Oil & Gas Industry SCM
- Modes of Transportation Logistics and their Performance Trends
- The Monetization of Natural Gas (LNG, CNG, GTS, GTL, GTP, GTC)
- Sales and Marketing of Petroleum Products
DAY 3
Project Finance and Economics
- Economics of Oil & Gas Projects
- Energy Commodities and Markets
- Energy Investment & Profitability Studies
- Project Selection Criteria and Key Performance Indicators
- Oil & Gas Energy Project’s Sensitivity Analysis
- Financial Performance Management in the Oil Industry
- Derivatives, Energy Commodities and Markets
DAY 4
Oil & Gas Energy Industry Strategic Analysis
- Strategic Interests and Competitive Advantage of IOC’s & NOC’s
- Strategic Value Analysis for Competitive Advantage
- Strategic Challenges in the Oil & Gas Industry
- Fiscal Regimes for the Oil & Gas Industries
- Project Evaluation from a Strategic Perspective
- Oil & Gas Energy Risks and Opportunities
- Crude Oil Pricing Strategies
DAY 5
Oil & Gas Industry Future Prospects
- Oil & Gas Industry Future Prospects
- OPEC & IEA
- Evaluating the Commercial Viability of Future Energy Projects
- Geopolitics and World Oil & Gas Energy Markets
- The Peak Oil Debate and its Consequences
- Energy Risk Management, Uncertainty and Investment Decisions
- Some Practical Perspectives on Risk and Opportunity Analysis
Method of Instruction
Online
Course Duration:
5 days
Type of Certificate Issued:
On a successful completion of this training, Participants will be issued
Certificate in Oil & Gas and Energy Management
Participants can choose to have their certificate in any of the three options below:
- Digital Certificate (Downloadable (PDF)
- Physical Certificate with security marking shipped to your location with a price
- Framed Certificate with security markings shipped to your location with a price.
REGISTRATION: