The business of oil and gas is multifaceted, technically complex, highly capital intensive, and often confronted with potential risks and uncertainties. Today’s petroleum industry is dealing with ever-increasing levels of complexity, price volatility, and competition. The objective of this course is to provide the participants with extensive exposure to the many complex management issues presently confronting the Upstream and Downstream Petroleum Industry and to strengthen their understanding to manage the business successfully employing the latest innovative technologies.
The drop in the price of oil impacts negatively on the Upstream but enhances the profitability of Downstream operations as Refinery margins improve with cheaper feedstock. Furthermore, the Integration of refining and petrochemicals to achieve greater efficiencies is yet another critical factor in the business.
Managing integrated Upstream and Downstream businesses with technically intensive areas such as, exploration, drilling, production, refining, petrochemicals, sales, distribution, and trading of oil, gas and refined products require several cross-functional skills that are essential to this competitive industry. All these multi-functional skills and business practices are seamlessly covered in this training course
Gain the broadest perspective of the entire oil, gas, and LNG business, from exploration, drilling, production, refining, petrochemicals, sales, marketing, and trading
Achieve a maximum understanding of the industry to reach the highest position on the corporate ladder
Boost their understanding of the technical and economic efficiencies gained in the Upstream and Downstream applied through new technologies
Evaluate Fiscal terms and conditions, and compare the World Fiscal systems to grasp deep business knowledge
Gain an understanding of Concessionary, Production Sharing, Service and Joint Venture Contracts in Upstream; and Sales, Marketing and Trading Contracts in Downstream
Boost their understanding of the fundamentals of downstream business: refined product quality, blending & valuation of oil for trade, freight and netback calculation & refinery margins calculations, vessel chartering, pipelines & terminals, etc.
Master the Total barrel economics, Oil market futures, hedging and futures, and price management considerations
Evaluate the technical, commercial, legal, safety, and environmental aspects of the oil business
Discuss the technical terms, concepts, and buzzwords with their peers and clients confidently
Business Development managers
Corporate Planning professionals
Geoscience & Engineering professionals
Refinery professionals
Supply Planners & Scheduling professionals
Government regulators
Law professionals
Tax & Finance advisors
Auditing personnel
Compliance officers
Equity analyst and Bankers
Joint Venture officers
Negotiators and Contracting professionals
Trading professionals
Introduction to Oil & Gas Industry
Petroleum Industry Dynamics & Future Trends
Oil & Gas Geology
Oil & Gas Prospecting (Exploration)
Drilling Operations
Technological Advances
Well Evaluation
Well Completions
Reservoir Depletion Mechanisms
Oil & Gas Surface Facilities
Transportation
Maintenance of Oil & Gas Facilities
Oil & Gas Reserves
Oil & Gas Reserves
Reservoir Management
Crude Oil Refinery Products & Processes
Legal Framework of the Industry
Project Economics
Oil Price Risk Management
Relationships between Oil Companies and Host Governments
Understanding Petroleum Fiscal Systems
Identification of different types of fiscal terms and their application
Concession (royalty/tax) Contracts
Production Sharing Contracts
Service contracts and Joint Venture Contracts
Review & Comparison of Different Fiscal Systems in the world for the Petroleum Industry
Fiscal options and latest trends for Liquefied Natural Gas (LNG) projects
Petroleum dynamics – Global, Regional & OPEC production scenarios
Profitability indicators for oil & gas business
Comparison and investments selection criteria
Corporate portfolio management and maximize returns
Risk & Uncertainty analysis in capital investments
Evaluate projects by risk-based economics
Fundamental Considerations in Petroleum Project Evaluation
Investment Decision-Making Techniques
Introduction to Petroleum Downstream Industry
Physical & Chemical properties of crude oil
Crude oil selection criteria for refinery
Essential of Petroleum Refining Industry
Major refinery processes and refinery units
Simple Hydroskimming Refinery
Deep Conversion Coking Refinery
Refinery Optimization
Making Downstream connection with Upstream Industry
The essence of International Oil Supply – Global Reserves, Production & Trade
Fundamentals of Oil Economics
Fundamentals of Crude Oil Transportation – Tankers and Chartering
Basic Principles in Pricing and Overview of Markets
Crude Oil Markets
Global Crude Oil Supply-Demand balance, and its impact on prices
50-Years history of Crude Oil Pricing, and its current pricing dynamics
Marker crudes and crude oil Benchmarks
Essential Elements in Crude Oil Sales Contracts to Refineries
Basic Crude Oil Refining and Advanced Refinery Upgrades
Importance of Petrochemicals and its impact
Refining and Petrochemicals Integration
Value Chain Optimization and Maximizing Return on Investment
Managing Contractual and Environmental Risks
Pipelines, Storage and Transportation Logistics in Downstream
The level of competition in current business environments requires a focus on practices that assist in the management of personal and workgroup tasks, priorities, and projects. All types of organizations need to find more productive means to offer their products and/or services, so goals are established and tasks assigned to better meet customer and stakeholder needs. A focus on the use of productive practices allows for effective and efficient management of project work, establishing priorities and meeting deadlines, and is an important part of customer service.
Departments. This essential program will provide you with the best in new techniques, processes, and direction that leading HR departments need to take to be world-class.
This training program will present a detailed overview of refining process yields, from the crude oil feed to the finished products.
Major refining processes are presented and discussed, including feedstock, feedstock preparation, operating conditions, catalysts, yields, product properties, and economics. It is oriented toward the practical aspects of refinery operations as well as the terminology and economics of refining
Health and Safety in the Workplace provide those in managerial and supervisory positions with appropriate knowledge and understanding of the issues involved. You will learn how to reduce costs and improve profits with effective safety management
Health and safety technology and procedures are very important aspects of health and safety management. However, on their own, these will not provide continuous improvement in health and safety performance. It is necessary to have personnel with a sound understanding of the areas that can give rise to losses. The conference covers all the basic areas of Safety in the Workplace such as Safety Management, Safety Culture, Workplace Equipment, Hazardous agents, and Legislation
To create high levels of customer satisfaction and achieve the organizational mission, organizations must become “One Big Team Working Together”. Everyone must contribute their ideas, working together as internal customers. This requires a radical shift in the “management” paradigm where leaders and professionals realize the importance of employee involvement in the management process i.e. the importance of encouraging and motivating employees to contribute their ideas as well as to harness the employees’ potential, and adopt a major change of role.
In the post-Industrial “command and control” era, business demands a new breed of leader who couples technical skills with good people leadership - the ability to manage and motivate for excellence.
Get ready to recharge yourself with new energy to propel your career, increase job satisfaction, and add greater value to your organization. This course will show you how. You will learn the combination of attributes and skills you need to accelerate your career positively and successfully along your professional path, now and into the future. Become a positive force for your organization, your customers, and your colleagues.