International Oil & Gas Business Management

An Intensive 5-day Training Course

International Oil & Gas
Business Management

An Intensive 5-Day Training Course

International Oil & Gas Business Management

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We don’t have a scheduled session for this course at the moment. For more information and to enquire about future sessions, please feel free to reach out to our Training Department (info@petroknowledge.com)

Why Choose this Training Course?

Oil and Gas are considered among the world's most important resources. The Oil and Gas industry plays a critical role in driving the global economy. Petroleum itself is used for numerous products, in addition to serving as the world's primary fuel source.

The processes and systems involved in producing and distributing oil and gas are highly complex, capital-intensive and require state-of-the-art technology.

Crude oil is almost never used as produced. It is refined to make “white” products—liquefied petroleum gas (cooking gas), gasoline, kerosene, and diesel—and residual fuel oil. Worldwide, demand for white products is growing much more rapidly than that for residual fuel oil (used to generate electricity or heat).

As the oil industry faces challenges related to climate change, alternative energies, energy substitutions and adverse changes in the quality of available downstream feedstocks, it recognizes the need for managers who have a comprehensive and broad understanding of the industry, including economics, evaluation and decision-making skills and who understand the issues that face the Oil and Gas industries in the future.

This 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.

 

What are the Goals?

By the end of this training course, participants will be able to:

  • Understand all of the value-added steps from the well to the consumer
  • Gain an understanding of the ways the Oil and Gas industries have organized to operate effectively and efficiently
  • Learn the details of gas processing
  • Learn how crude oil is processed into transportation fuels
  • Understand the fundamental economic calculus of both the upstream and downstream Oil and Gas industries
  • Develop the skills necessary to evaluate opportunities and make effective decisions related to Oil and Gas operations

Who is this Training Course for?

This course will be of interest to:

  • Anyone requiring a broad understanding of the structure, operations and economics of the Oil and Gas industries
  • Employees working in the areas of Planning, Marketing or Finance
  • Engineers
  • Managers

 

How will this Training Course be Presented?

This training course is a hands on, stimulating learning experience. It will be highly interactive, with opportunities to advance your opinions and ideas. Participation is encouraged in a supportive environment. To ensure the concepts introduced during the seminar are understood, they will be reinforced through a mix of learning methods, including lecture style presentation, and open discussion.

The course will be presented with the use of PowerPoint slides and videos. This will be augmented by case studies and facilitated discussions, to engage the delegates and to encourage the exchange of ideas. Short videos will also be used to reinforce specific points and to relate the material to real-world experience.

 

Daily Agenda

Day One: Sources, Origin and Nature of Petroleum
  • Introduction to Petroleum Chemistry
  • Origins of Hydrocarbon Deposits
  • Basic petroleum geology
  • Exploration activities
  • Oil and Gas field development & Production
  • Well fluids and surface production operations
Day Two: Oil Companies, Corporate Relationships and Structures
  • Local, national and multi-national oil and gas companies
  • Integrated and non-integrated companies
  • Organization of Petroleum Exporting Companies (OPEC)
  • International Energy Agency (IEA)
  • Production sharing agreements
  • Transportation and Storage Operations
Day Three: Processing Operations in Oil and Gas
  • Oil refining operations
    • Distillation
    • Product conversion processes
    • Product improvement & Blending processes
  • Gas processing operations
    • Inlet separation
    • Sulfur removal and sulfur recovery
    • Dehydration
    • Dewpoint control and byproduct recovery
    • Gas compression and LNG Production
Day Four: Evaluation of Oil and Gas Opportunities
  • Estimating the cost of Oil and Gas facilities
    • Using historical costs
    • Cost curves
    • Adjusting for different sizes
  • Adjusting for different time periods
  • Building cash flow models
  • Using cash flow models to evaluate projects
Day Five: Processing Operations and Economics
  • Basic economics of the Oil and Gas industries
    • Benchmark indicators
    • Net present value
    • Internal rate of return
    • Unit Technical Cost
    • Payback & Maximum Exposure
  • Making Decisions under Conditions of Certainty and Uncertainty

Certificate

  • On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.

In Association With

GLOMACS Training

Our collaboration with GLOMACS aims to provide the best training services and benefits for our valued clients

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Frequently Asked Questions

  • To register online through our website, please click “Enroll Now” on the course page, complete and submit the form. A confirmation e-mail and instructions will be sent to the participant’s e-mail.
  • You may also get in touch with our Registration Team on
    +971 50 981 7386 | +971 2 557 7389 or send an email to reg@petroknowledge.com

  • Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the invoice.
  • Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted.
  • Invoices will be sent via email/courier to the ID/name and address provided.
  • The course fee shall be settled prior to course start date. Corporate payments with existing payment policy shall be relayed to us in advance.

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

For corporate fees and group registration, please send your query to info@petroknowledge.com.

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