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Certificate in Global Downstream Oil & Gas Operations

An Intensive 5 - Day Training Course

Certificate in Global Downstream Oil & Gas Operations

Value Addition and Risk Reduction in Refining & Processing

Current View: In-Person format Go to Online format

Scheduled Dates

Date: Location: Fee: Enrollment:
12 - 16 Dec 2021 Dubai - UAE $4,950
14 - 18 Mar 2022 London - UK $5,950
11 - 15 Jul 2022 Houston TX - USA $6,950
11 - 15 Dec 2022 Dubai - UAE $4,950

*Exclusive of VAT

Why Choose this Training Course? 

Today’s oil companies are dealing with ever increasing levels of complexity and competition.  The drop in the price of oil impacts negatively to the Upstream but enhances 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 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.

In this PetroKnowledge training course on Certificate in Global Downstream Oil & Gas Operations you will study:   

  • Understand all the basics about crude oil, including its physical/chemical properties and composition
  • Understand and discuss major refinery processes and refinery units
  • Understand the flow diagrams of refineries - the basics Refinery operations, and production of naphtha, gasoline, diesel, jet fuels, and asphalt, etc.
  • Optimization of refinery operations and improving profitability of Downstream operations    
  • The integration of refinery operations with petrochemicals operations
  • The wide array Petrochemicals that use in daily life as their specialized in Heath Care Industry 
  • Refinery Economics and calculations of gross and net refinery margins
  • Sales, marketing, distribution, storage and trading of crude oil and refined products
  • Transportation, distribution logistics, pipelines, VLCC’s, FPSO’s, Floating LNG, etc.
  • Crude oil and refined products pricing, benchmarks
  • Price-risk management, hedging tools including Futures Contract, Forward Contract, Swaps, Options, etc.
  • Future trends in Downstream operation

What are the Goals? 

By the end of this PetroKnowledge certification training course, participants will learn to:

  • Achieve better understanding of the Upstream & Downstream dynamics of the entire hydrocarbon value chain addition from wellhead to the burner tip.
  • Boost your understanding of the fundaments 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 oil business
  • Confidently discuss the technical terms, concepts and buzzwords with your peers and clients

Who is this Training Course for? 

This PetroKnowledge certification training course is designed to train and improve the business knowledge of a wide range of professionals as follows: 

  • 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

How will this be Presented?

This vastly interactive PetroKnowledge certification training course on Certificate in Global Downstream Oil & Gas Operations is planned to facilitate delegate participation through a combination of group discussion, hands-on exercises, case studies, and a wide-ranging use of technical videos highlighting the Downstream petroleum refinery operations, blending of refined products to meet specifications, petrochemical operations, HSE considerations to strengthen new knowledge and skills. This will include discussion of practical issues in their organizations.

Supplementary Training Materials and Techniques include following:

  • World Downstream Maps – Global and Regional, Oil Refineries, Oil Export Terminals, LNG Export & Import Plants, Renewable Energy Installed Capacity
  • Hands-on Review of Downstream Sales Contracts, Sales Documents – FOB, CIF, DES Contracts, Price-Risk Management through Futures Contract, Forward Contract, SWAP, Options for Oil, Gas & Refined Products
  • Technical Videos – Refinery Operations – Distillation, Hydrocracking, Reforming, Blending
  • Glossary & Abbreviations in Oil & Gas Industry
  • Refinery Simulator – Production of Naphtha, Gasoline, Diesel, Jet Fuels, Kerosene, Fuel Oil, Asphalt. Blending to meet specifications  
  • Crude Oil Benchmarks – Markets on Close, WTI, Brent, and Dubai/Oman Crude grades
  • Oil & Gas Market Data Trading Simulator – New York, London, Dubai & Singapore Commodity Exchanges
  • Case Studies & Exercises

Organisational Impact

By sending their employees to this PetroKnowledge certification training course, the organization will gain a wider range of skills that participants gain and henceforth apply in their workspace that will directly benefits their respective companies:

  • Offers a wider management perspective of global Downstream business and highlights the success factors in each category of several business models
  • Defines how innovations in Downstream and renewables are helping to drive economic growth and improve living standards around the world
  • Clarifies how we can achieve these high efficiencies goals while delivering value to shareholders
  • Inculcates the corporate culture of effectively dealing with the core issues, tactics and essential concepts of successfully running the global petroleum business

Personal Impact

Each participant will be able to enhance technical knowledge and business skills of Petroleum Industry that will directly benefit his/her career growth:

  • Master the core competencies of Downstream oil, natural gas, & LNG Industry
  • Sharpen the business skills by learning those technique that improve capital productivity and operational excellence
  • Understand the value chain optimization in Hydrocarbon Industry and apply at the workplace to improve stockholders value
  • Be fully cognizant of success factors in oil, gas, LNG Industry, and how to deal with price risk uncertainties
  • Hedging the risk at corporate level, business segment level and at individual transaction level

Daily Agenda

Day One: Petroleum Refining, Refined Products & Petrochemicals

  • 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

 Day Two: Global Oil Supply and Petroleum Economics

  • Making Downstream connection with Upstream Industry
  • 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

Day Three: Downstream Value Chain Optimization

  • 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
  • Refinery Economics and Optimization of Downstream

 Day Four: Downstream Market Structures and Trading 

  • Introductory Concepts in Oil Trading
  • Interface with retailers
  • Downstream Supply Chain management
  • Total Barrel Economics
  • Oil Market Derivatives – Futures, Forwards, Swaps, Option
  • Price Volatility Exposure and its Defensive Practices 

 Day Five: Downstream Petroleum Dynamics and Risk Management 

  • Hedging – Risk Management
  • Pricing Management
  • Derivatives
  • Examples of Oil & Gas Futures Contracts, Swaps, and Options
  • Common mistakes by Oil & Gas Companies in Hedging
  • A Guide to Developing A Corporate Fuel Risk Management Policy
  • Challenges to Petroleum Industry and Trends in New Technology