Course Description

In the world today, International Oil Companies (IOC’s) and National Oil Companies (NOC’s), both upstream and downstream of the oil and gas supply chain, are confronting numerous difficulties from the current economic atmosphere. The present instability of crude oil and natural gas costs has brought about organizations to rehash themselves and to surrender the traditional strategic planning exercises.

This exceptionally participative course is intended to give an extensive comprehension of the issues confronting the international oil and gas industries and to be outfitted with the fundamental skills and information to viably recognize and handle these issues. This Understanding Success Factors in the Oil and Gas Industry training will give the vital skills and knowledge to prepare the participants for high senior duties within their organization.

Course Objectives:

At the end of this course, delegates will be able to:

• Develop an understanding of the derivatives markets and an awareness on hedging risk
• Assess specific skills in strategic planning, setting goals, budgeting and finance
• Discuss the management and allocation of resources (money, time, people, tools and technology)
• Contrast and compare international fiscal system
• Identify geopolitical issues surrounding global oil and gas supply and transportation
• Demonstrate a wide-ranging understanding of the petroleum industry and the companies that constitutes the industry
• State important issues facing your industries and strategies that will be used to address them

Course Outline:

• Overview of the Oil and Gas Industry
• Oil & Gas production
• Global oil supply and reserves
• Reserves, estimation and evaluation
• The Oil and Gas Supply Chain
• Logistics – Transportation and Storage
• Adding Value – Refining
• Refinery Petrochemical Integration
• Natural Gas processing
• Sales and marketing of Refined products and Natural Gas
• Oil & Gas Economics
• Energy Trading and Commodities
• Crude Oil Production and Lifting Costs
• Crude Oil Pricing Regimes and Strategies
• The role of natural gas and its role in the low carbon future
• Future prospects for the oil & gas industries
• Peak Oil – trends and consequences
• Financial and energy risk management
• Risk management and hedging
• Geopolitical risks and opportunities
• IOC & NOC strategic interests and competitive advantage
• Contracting strategies for the oil and gas industries
• Strategic value analysis for competitive advantage
• Strategic analysis for the oil & gas sector
• Project appraisal from a strategic perspective

Who Should Attend?

• Business Development Professionals
• Corporate Planning Professionals
• Geoscience and Engineering Specialists
• Refinery Professionals
• Supply Planners and Scheduling Professionals
• Contracting Consultants

Delivery Method: Role-playing, questionnaires, syndicate work, case studies and video examples.

Venue:  

Fee:  

Duration: 1 week

Course Date: October 2nd-6th, 2023