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
We all operate in an increasingly complex commercial and professional environment that requires us to negotiate on a daily basis not only with customers, clients, suppliers and contractor, but also with managers, fellow employees and colleagues within our own organisation.
‘Mastering Negotiation Skills’ is a five-day course designed to explain the negotiation process in detail and demonstrate how to use it effectively, giving delegates the negotiation skills and strategies they need to succeed in today’s challenging commercial environment.
The ability to negotiate effectively and manage conflict is one of the most valuable skill sets we can develop within our organization. Not only does developing these skills allow us to negotiate better deals by creating and then claiming value, but it also enables us to manage teams more expertly, interact more constructively with colleagues and manage conflict effectively.
This course provides both a comprehensive strategic analysis of the negotiation process as well as the essential tools for planning and managing every negotiation. Delegates will learn to negotiate excellent outcomes both externally with suppliers, contractors, and customers but also internally within your organization between colleagues, departments, and managers.
One of the major keys to success in the business world is being able to apply “discipline” to your life and actions! This is the key to developing personal effectiveness and professional excellence.
This training course will provide professionals with the knowledge, skills, and attitudes required to manage and lead teams and organizations before, during, and after a crisis or emergency. All leaders are sooner or later confronted with the need to lead and manage their team or organization during a crisis or emergency. The leadership skills and competencies that are required in these demanding circumstances are much more challenging for the leader than normal everyday leadership. This course will also cover the basics of the COVID 19 Virus currently impacting the world. Most of our lives are a combination of work, family, and community involvement. A pandemic can affect all of these areas. Being informed and knowing what to do during a pandemic can help minimize the impact.
This course is designed for IT professionals who are looking to take on the role of Chief Information Security Officer (CISO) in an organization. The course will cover key concepts and skills in information security, including risk management, security governance, incident response, and compliance.
A five-day course on the practical aspects of piping and pipeline design, integrity, maintenance, and repair. The participants will obtain an in-depth understanding of the ASME B31 code rules and API standards, their technical basis, and practical application to field conditions.