Refinery Integration and Adaptation

An Intensive 5-day Training Course

Refinery Integration and Adaptation

Improving the Economics and Survivability of Existing Refineries

Refinery Integration and Adaptation

Scheduled Dates

Classroom

03 - 07 Jun 2024 London - UK $5,950 RESERVE A SEAT
09 - 13 Sep 2024 Dubai - UAE $5,950 RESERVE A SEAT
16 - 20 Dec 2024 London - UK $5,950 RESERVE A SEAT

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Why Choose this Training Course?

The world of energy is going through a profound transition where traditional fossil fuels are losing favours with the society in general due to increased environmental awareness and climate change. The big gas guzzlers which use to be the norm around the world and people use to take pride in their possessions are becoming a thing of the past. Electric cars are already selling like hot cakes and many countries have already announced that by 2030 onwards there wouldn’t be any new gasoline or diesel cars produced in their countries. Even the so called transition fuel of natural gas is gradually being replaced with renewable sources of energy. Crude oil is projected to drop to 80 MMb/day from a high of almost 100 MMb/day before the Covid 19 pandemic. However, such trends will have a profound impact on one sector of oil sector and that is refineries.

The current model of refineries to make margins is completely skewed towards transportation fuels, yet that’s the very area the biggest cuts in demand are projected to happen. The industry is aware of this problem in general and a logical route is to invest more in the integration of the refinery with petrochemical plants. However, that does carry the risk that there may be excess capacity in the markets and the large amounts of investment needed for building these complexes may not be profitable as petrochemical is a volatile market not profitable everywhere.

Refineries in the Middle East and Europe are in a vulnerable state and several of them have either closed down or merged and this may happen much more in the future.  This training course will provide the in-depth analysis of the market dynamics of how margins in general can be improved region wise in general and what integrations or adaptations may be necessary for some regions to stay in business.

This Refinery Integration and Adaptation training course will highlight:

  • The current working of typical refineries
  • What changes are on the horizon for this investment heavy sector
  • Cost analysis, economic scenarios and case studies for the sector and the integration/adaptations
  • Improving economics of the complex
  • Region wise refinery outlook and dynamics to minimize disruption. 

What are the Goals?

By the end of this Refinery Integration and Adaptation training course, participants will learn to:

  • Identify the scale of challenge
  • Understand the technical & operational aspects integration/adaptations concept
  • Analyse the various models adapted by successful refiners from around the world
  • Improve on skills to build on current capabilities
  • Develop economics of their current complexes

Who is this Training Course for?

This Refinery Integration and Adaptation training course is suitable to a wide range of professionals but will greatly benefit:

  • Planners
  • Business Development Managers
  • Corporate Planning Professionals
  • Transportation and Urban Planners
  • Energy Professionals
  • Government Regulators
  • Sales and Business Development Professionals
  • Equity Analyst and Bankers
  • Joint Venture Officers

How will this Training Course be Presented?

Participants to this training course will receive a thorough understanding on the subjects covered by the course outline with the trainer utilising a variety of proven adult learning teaching and facilitation techniques. Seminar methodology includes professional schematics, videos, case studies surrounding the topic which will enable the participants to have an in-depth understanding of the topic as well as practical skills to implement the learning into real life strategies.

Organisational Impact

The participants will get the knowledge to initiate or improve the implementation of the current refining complexes and make their operations prepared for the future where survivability will be vital

  • Improving the know how of upcoming challenges to the current refining model
  • Improve the skills of the employee
  • Better decision making
  • Improving project planning and performance
  • Implementation of the planned strategies
  • Improving the design of technical and financial planning

Personal Impact

By the end of this PetroKnowledge Refinery Integration and Adaptation training course, participants will be able to efficiently develop and manage the CNG transportation sector.

  • Better understanding of the dynamics of the refining sector
  • Improve the skills of decision-making.
  • Develop skills to assist in the evaluation of corporate opportunities and risks
  • Increase the knowledge of the importance of the economic survivability in a changing world
  • Understand the key changes about to happen in the refining sector
  • Develop the skills to increase and optimise the maximum profitability of the existing refineries

Daily Agenda

Day One: Reinventing the Refinery: The Old Model
  • The fundamental working of a typical refinery
  • Processes and fuels
  • Scale of the sector
  • Why it became such a big sector
  • Some of the biggest complexes and their working
  • Market capacity and demand centres
  • Crude spreads and margins
  • Traditional markets and their working dynamics
Day Two:
  • Refinery schedules
  • Economy of fuels
  • Capacities of refineries (Fuels)
  • Future demand and consumption in various markets
  • Economics of petrochemicals
  • Pros and cons of the petrochemical market
  • Complexities and logistics of integration vs non-integrations
Day Three: Commercial Strategies and Business Development
  • Fluidised catalytic cracker
  • Refinery flexibilites
  • Advantage of feedstock and location
  • Cost of integration
  • CAPEX estimates
  • Financial/Debt structure assumptions
  • Forecasts in the market
  • NPV / IRR / Valuation
  • Polymers and their chemistry
  • Poly ethylene and poly propylene
Day Four:
  • Economic drivers for base chemicals and polymers
  • Risks of diversification
  • Strategy development
  • Forecasts and planning
  • Regional optimization of capacity and utilization
  • Sensitivity analysis of
    • Oil cost
    • Gas cost
    • Catalyst cost
    • Capacity utilization
    • Economy of scale
Day Five: Environment and Sustainability
  • Refinery and the changed model of green economy
  • Green credentials
  • Carbon auditing of refinery processes
  • Carbon pricing and trading
  • Carbon capture and utilization
  • Blending
  • Creation of sustainable fuels and chemicals
  • Competition and strategy

Certificate

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

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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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