Course Description

Rationale:  

In today’s aggressive and challenging market situation, non-technical experts need to obtain as well as develop crucial skills with the purpose of improving their technical capability in Oil & Gas whilst, at the same time, perk up their by and large knowledge that will facilitate them to transmit it to well again serve their organisation.

The course is an exceptional foreword to the highly multifaceted industry that is essential to our contemporary technique of living. This course not only covers production basics, but also comprises of the necessary upstream background, geology, origins of oil & gas, transportation and storage refining and petroleum product sales and marketing. The course also comprises ownership as well as land rights, surface operations, production strategy development and project economics.

Participants attending this course will expand the following competencies:

• Be taught the fundamentals of oil and gas formation
• Be aware of the significance of reserves location v’s market location
• Bring up to date their awareness on modern petroleum exploration
• Become conscious of the most recent developments in refining as well as storage
• Expand their skills in providing an enhanced service to their customers
• Appreciate the significance of geopolitics on oil transportation as well as pricing
• advance the aggressive point of their company/ department in the marketplace
• Facilitate their organization to optimise their daily operations as well as activities

Course Objectives  

At the end of the course, delegates will be able to;

• Acquire a general idea of the Global Oil & Gas Industry, from discovery to production all the way through to consumption
• Gain an overview of Refining processing
• Appraise the primary uses of oil as well as gas and the significance of oil and gas in the global energy trade
• Appreciate the function of the different organisations involved in the oil and gas trade – governments, oil companies, service companies, regulators, external (i.e. non-oil) bodies as well as others
• Comprehend the objectives, functions as well as commercial relationships linking companies as well as organisations in the upstream and downstream oil and gas supply chain.
• Grasp the Geopolitics of Oil and Gas as well as the Major challenges facing the energy industry
• The future of the oil and gas business

Course Outline

• Introduction and overview of the Oil & Gas Industry
• Global petroleum reserves, supply and demand
• The nature and formation of fossil fuels and oil reserves
• The Sedimentary theory for oil and gas formation
• Fossil fuel Characteristics
• Crude oil Assay & properties
• Product properties & specifications
• Hydrocarbon Location, Geology and Exploration
• Hydrocarbon Traps and trapping mechanism
• Petroleum Exploration methods and Seismic Surveys
• Drilling the Well and Drilling Technology
• Casing and Logging the Well
• Reservoir production mechanisms
• The Technology of Offshore Drilling
• Introduction to tax and royalty schemes
• Fiscal Regimes / PSA JV’s,
• Concessions and licences
• Effect to fiscal take from oil price fluctuations
• Lifting and production costs
• Reserve estimates and location
• Oil, Gas & water Separation Processes
• Produced Water Generation and Management Practices
• Crude oil stabilization
• Natural gas processing and commoditization
• Oil and gas transmission and pipeline specifications
• Petroleum and petroleum product storage
• Tank gauging & Fiscal Metering
• Transportation and Sales
• Crude Oil Refining Processes
• Refining complexity
• Refining profitability and netbacks
• Petrochemicals, adding value
• Time value of money
• Key Performance Indicators
  • NPV, IRR, DPIR, UTC, Payback
• Discounting and non-discounting methods

Who Should Attend? 

The Oil & Gas Technical Competence for Non-Technical Professionals training course is suitable for a wide range of professionals employed in the petroleum industry, and it will be particularly beneficial to:

• New entrants to the Oil & Gas industry
• Petroleum engineers and geologists new to their careers
• Financial, marketing, legal, and other professionals and their staffs interested in the industry
• E&P service company personnel will find it particularly beneficial in understanding the roles played by their clients
• Graduates wanting to get a better overall understanding of the business
• Professional advisers and Business Consultants

Delivery Method:

The programme will be delivered using the following methodologies: Lectures, discussions, syndicate work, case studies, audio visuals and exercises.

Course Venue:  

Course Fee:  

Course Duration: 1 Week

Course Date: December 5th- 9th, 2022