Best Training Courses for Oil & Gas Professionals

Best Training Courses for Oil & Gas Professionals

Navigate the Future of Energy with Leading Training Courses for Oil and Gas Professionals

When faced with the challenges of emerging technology, new legislation, super projects and the move to sustainable sources of energy, petroleum professionals need to stay ahead of their professional development. The right training courses can equip you with the latest knowledge, skills, and tools to navigate the challenges and opportunities of the industry.

Here are PetroKnowlege’s top 12 training courses that should be on every petroleum professional’s radar:

  1. Certificate in Global Downstream Oil & Gas Operations: Value Addition and Risk Reduction in Refining & Processing

    Managing integrated Upstream and Downstream with refining, petrochemicals and trading of oil require several cross-functional skills. To achieve maximum effectiveness, managers and professionals must continually expand their business knowledge and sharpen their skills.
    This training course will emphasize the following topics:

    • Petroleum Refining, Refined Products & Petrochemicals
    • Global Oil Supply and Petroleum Economics
    • Downstream Value Chain Optimization
    • Downstream Market Structures and Trading
    • Downstream Petroleum Dynamics and Risk Management
  2. Certificate in International Oil & Gas Business Management: Augmented Decision-Making from Wellhead to Consumer
    This International Oil & Gas Business Management training course will provide a basis for functional managers and those whose experience has been limited to a particular area of the industry, to prepare for additional responsibilities by providing a broad base of knowledge covering the total spectrum of the oil and gas business and specific skills related to the evaluation of opportunities and enhanced decision-making.
    This training course will emphasize the following topics:

    • Sources, Origin and Nature of Petroleum
    • Oil Companies, Corporate Relationships and Structures
    • Processing Operations in Oil & Gas
    • Evaluation of Oil and Gas Opportunities
    • Processing Operations and Economics
  3. Developing Project Strategy in the Oil and Gas Industry: Understand How to Make the Appropriate Decisions to Select and Support Projects

    This PetroKnowledge training course offers an insight into decision-making procedures in a step-by-step manner. It presents decision-analysis, using different decision criteria, different types of information, and information of varying quality. It covers the analysis of decision alternatives and choices, as well as the goals and objectives that guide decision-making.
    This training course will emphasize the following topics:

    • Concepts of Project Management & Intricacies of Project Approval in Oil & Gas Industry
    • Project Context for Oil & Gas Projects
    • Project Financial Modelling and Project Leadership Skills
    • Identify Reasons for Project Failures & Prepare for Successful Delivery and Integration
    • Development Project Stakeholder Relationships & Project Communication
  4. Essential Skills for Oil & Gas Managers  & Supervisors
    This training course is designed to provide essential knowledge and skills of the Oil and Gas sector from the managers and supervisors viewpoint for employees who are working in the field. It will provide the opportunity to study the Oil and Gas business from the perspective of the entire value chain, analyze Oil and Gas management strategies of major organizations and discover the unique business issues of today’s energy marketplace.
    This training course will emphasize the following topics:

    • The Nature and Formation of Fossil Fuels and Oil Reserves
    • Production, Transportation and Distribution
    • Introduction to Petroleum Industry Economics
    • Financial and Energy Risk Management
    • The Evolution of a Safety Culture
  5. Financial Modelling in the Oil & Gas Industry
    This training course is designed to provide in-depth knowledge of using Excel in financial modelling. Upon completion the delegates will have the skills to use Excel efficiently, understanding how to deal with several important issues related to financial modelling, performance measurements and setting targets using sophisticated techniques. The delegates will have the knowledge to explain and propose various methods relevant in enhancing company performance.
    This training course will emphasize the following topics:

    • Introduction to the Excel Environment with Oil and Gas
    • Statistical Analysis (Applied to the Oil and Gas Industry) Using Excel 
    • Oil Product Spreads  
    • Investment Appraisal Using Excel  
    • Financial Analysis in the Up and Down Stream Oil and Gas Industry
  6. Global Procurement and Supply Chain Management for the Oil & Gas Industry: Improving Profitability by Controlling Costs
    This training course will assist delegates to reassess their organization’s Procurement and Supply Chain strategies beyond short term cost cutting. It will focus on real time issues to counteract changes in the market and to think differently about global procurement. This PetroKnowledge training course had been designed to provide delegates with practical approaches for transforming their organization’s procurement team to become more competitive and resilient.
    This training course will emphasize the following topics:

    • Defining Strategic Procurement in the Oil and Gas Industry
    • Integrated Supply Chain Strategy
    • Supplier Collaboration and Relationship Management
    • Strategic Contract Negotiations
    • The “LEAN” Approach to Supply Chain Management
  7. Leadership & Strategic Thinking in the Oil, Gas & Petrochemicals Industry: Sustaining Profitable Growth in a Changing Global Business
    This PetroKnowledge Leadership & Strategic Thinking in the Oil, Gas & Petrochemicals Industry training course has been designed specifically for experienced individuals wanting to develop these skills within the increasingly complex and fast-changing oil, gas & petrochemical industry. This training course will deliver a structured framework for identifying and responding to new opportunities. It enables the participants to respond to the challenge of linking strategies to profitable growth objectives within these 3 closely integrated sectors.
    This training course will emphasize the following topics:

    • Leadership in the Oil, Gas and Petrochemical Industry
    • Oil, Gas and Petrochemical Industry – Challenges and Opportunities
    • Strategic Thinking in the Oil, Gas and Petrochemical Industry
    • Contributing to an Analysis of Strategic Risk
    • Leadership and Strategic Thinking Workshop
  8. Local Content Management in the Oil and Gas Industry: Build Local Workforce and Sustain Successful Local Content Strategic Plans
    This training course covers all the essential topics related to local content management in the oil and gas industry. From understanding the regulatory framework to developing effective strategies for local content compliance, this PetroKnowledge training course has you covered. You’ll also learn about the latest trends and best practices for managing local content, including supplier development, workforce development, and technology transfer.
    This training course will emphasize the following topics:

    • Introduction to Local Content in the Oil and Gas Industry
    • Local Content in Procurements and Contracts
    • Developing A Local Content Plan
    • Local Content Management Plan (LCMP)
    • Negotiation and Drafting of Local Content Provisions
  9. Mini MBA: Oil & Gas and Energy Management
    This Mini MBA in Oil & Gas and Energy Management provides delegates with a broader understanding of the key concerns facing the petroleum industry and furnishes them with skills and knowledge to effectively identify and tackle these issues. In depth awareness of the current advances in Oil & gas project management techniques addressing risk management, planning and scheduling approaches and project finance and economics will ensure a successful management of future Oil & Gas energy projects.
    This training course will emphasize the following topics:

    • The Oil & Gas Industry – Synopsis
    • The Oil and Gas Supply Chain
    • Project Finance and Economics
    • Oil, Gas & Energy Industry Strategic Analysis
    • Oil & Gas Industry Future Prospects
  10. Petroleum Products Trader: Managing Crude Oil and Refinery Products Trading, Marketing, and Hedging
    This Petroleum Products Trader training course is designed to enhance your understanding of effective marketing strategies within the highly competitive oil industry. Regardless of your current level of experience in oil marketing, developing the skills to differentiate, promote, and sell your products and services is crucial for standing out in your role.
    This training course will emphasize the following topics:

    • Introduction and Overview of Petroleum Business
    • Upstream Refinery Business and Economics
    • Crude Oil and Refined Product Trading
    • Hedging and Price Risk Management Using Futures
    • Options and Swap Contracts
  11. Upstream Petroleum Accounting: Exploration and Production Accounting in Oil & Gas Industry

    This Petroknowledge training course is designed to develop the essential skills necessary to prepare and evaluate Upstream Petroleum Accounts and to improve the organization’s internal audit function. It focuses on the latest techniques to evaluate Financial; Operational & Social Performance as well as relevant International Financial Reporting Standards (IFRS) for the preparation of accounts.
    This training course will emphasize the following topics:

    • Major Accounting & Auditing Issues in the Upstream Petroleum Sector
    • Accounting for Revenue & Costs in the Upstream Petroleum Sector 
    • Accounting for Assets in the Upstream Petroleum Sector 
    • Creative Accounting, Corporate Governance & Auditing
    • The Internal Audit Function
  12. Upstream Petroleum Contracts: Comprehensive Hands-On Guide for Oil and Gas Professionals
    This Petroknowledge training course provides in-depth information on the types of upstream petroleum contracts and what their differences are and what are the main contractual terms participants need to know in order to fully understand all types of Upstream Petroleum Contracts. This training course will comprehensively cover Production Sharing Contracts, Exploration & Production Agreement (E&P) Exploration & Exploitation Contract, License Agreement, and participants will take away essentials elements of these contracts to be effectively used in their own companies.
    This training course will emphasize the following topics:

    • Introduction and Overview of Upstream Petroleum Contracts
    • Contracting in the Upstream Sector: Ownership and Licensing
    • Production sharing contracts (PSC) & Joint Operating Agreements (JOA)
    • Service Contracts, Farm-In and Farm-Out and Unitization – Risk bearing and Non- Risk Bearing Service Contracts
    • Negotiating Production Sharing Contracts 

 

The Evolving Landscape of the Petroleum Industry and PetroKnowledge’s Role

The petroleum industry is undergoing a period of unprecedented transformation, driven by factors such as increasing energy demand, technological advancements, environmental regulations, and geopolitical shifts. These changes present both challenges and opportunities for industry professionals.

Key Changes in the Petroleum Industry

  • Energy Transition: The shift towards renewable energy sources and the growing emphasis on sustainability are reshaping the energy landscape.
  • Technological Advancements: Innovations in exploration, production, and refining technologies are improving efficiency, reducing costs, and enabling the development of new resources.
  • Environmental Regulations: Stricter environmental standards are driving the need for cleaner and more sustainable practices.
  • Geopolitical Factors: Global conflicts, trade tensions, and economic instability can impact market dynamics and supply chains.

 

How PetroKnowledge Can Partner with You

PetroKnowledge is committed to supporting industry professionals navigate these challenges and capitalize on emerging opportunities. We offer a comprehensive range of training courses, online courses, and bespoke in house training services designed to equip oil and gas professionals with the knowledge and skills needed to excel in today’s dynamic environment. By partnering with PetroKnowledge and choosing a our training course, you can gain a competitive edge, enhance your career prospects, and contribute to the sustainable development of the petroleum industry.

View our featured training courses today.

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