A Mini MBA Series
The 5-Day Mini MBA on
Understanding the Dynamics of
the Petrochemicals Industry
Petrochemical Value Chains and Markets
Scheduled Dates
Classroom
| 31 Mar - 04 Apr 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 04 - 08 Aug 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 27 - 31 Oct 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 26 - 30 Jan 2026 | London - UK | $5,950 | RESERVE A SEAT |
| 02 - 06 Mar 2026 | Dubai - UAE | $5,950 | RESERVE A SEAT |
Online
| 27 - 31 Oct 2025 | Online | $3,950 | RESERVE A SEAT |
Would an alternative date be more suitable?
We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.
Why Choose this Training Course?
Petrochemicals are used extensively in our daily lives from trivial plastic materials to the high range sophisticated material used in artificial body parts, and medical devices. Petrochemicals business is growing rapidly. Such a rapid growth is also adding to the environmental risks.
To an existing oil & gas producing and refining, it is very important to expand its hydrocarbon value chain by expanding into petrochemical business both to improve capital productive, by fully utilizing hydrocarbon by-products, and reduce the crude oil price risk for the integrated producing, refining and petrochemical business.
This 5-day training course has been designed to enable participants to learn more about the value of petrochemicals and the success factors that can improve financial performance and help companies to survive during low prices and thrive when prices improve.
In this PetroKnowledge training course, the participants will gain the technical knowledge and business expertise and be able to:
- Determine the basic chemicals groups, and the rearrangement of hydrocarbons chains in the process of adding economic value, and the measure of conversion and yield in a refinery
- Understand the basic refining operations and the business of petrochemicals
- Determine the project management evaluation and the key considerations in selecting proper technology, capital, and operating costs for the project
- Identify the technical and economic merits and the challenges in integrating petroleum refinery with petrochemicals.
- Differentiate the petrochemical business concepts and individual merits with examples of Strategies/Business Models of Integrated Oil Companies, National Oil Companies and Non-Oil Companies.
- Understand the petrochemical innovations, challenges & future trends
- Recognize and effectively deal the environmental issues arising from the rapid growth in the use of plastics
What are the Goals?
By the end of training course, the participants will be able to:
- Master the petrochemical value chain from the raw oil & gas to finished plastics, and other high vale sophisticated material used in improving the quality of lives
- Enhance their knowledge of oil & gas production, refining, petrochemical operations, manufacturing, demand forecasting, sales contracts, prices, distribution, sales, etc.
- Evaluate the petrochemical markets, business strategies and petrochemical models
- Confidently discuss the technical terms, concepts and buzzwords in the petrochemical industry with your peers and clients
Who is this Training Course for?
This PetroKnowledge 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 Training Course be Presented?
This dynamic and highly interactive training course is designed to encourage delegate participation through a combination of group discussion, practical exercises case studies, quizzes and an extensive use of short videos highlighting the petrochemical operations, environmental and safety considerations to reinforce new knowledge and skills, and discussion of practical issues in their organizations.
Daily Agenda
Day One: Crude Oil Supply and Refining
- Introduction to Course
- Essence of International Oil Supply – Global Reserves, Production & Trade
- Introduction to global oil business - Exploration, Extraction, Refining, Marketing, Transportation
- Global Oil Resources – World Oil and Gas Reserves, Production of Oil and Gas
- Industry units – for the USA, Europe and Asia, Conversion factors
- Crude Oil Classifications
- Crude Oil Quality Indictors, crude oil characterization by Assays
- Crude Oil Distillation – Refined Products
- Oil Industry Units and Conversion factors
- Fundamentals of Oil Economics
- Delivered price of crude oil – the concept GPW (Gross Product Worth)
- Value of Crude Oil and the Determining Factors in Crude Selection
- Introduction to Crude Oil Refining - Distillation
- Refinery Configurations
- Topping
- Hydroskimming
- Cracking
- Coking
Day Two: Refinery Economics and Petrochemicals
- Refinery Development
- Refinery Economics
- Net Refining Margin calculation
- Introduction to Petrochemical
- What are Petrochemicals?
- Oil & Gas Value Chain leading to Petrochemicals
- Classification of Petrochemicals
- How Petrochemicals are derived from Well Head to Products
- Petrochemicals History and Its Key Role
- The Beginning of Petrochemical Industry
- Petrochemical Applications in Daily Life
- Petrochemical Applications in Health Care
- Basic Chemistry
- Basic Organic Chemistry
- Key Properties of Organic chemicals
- Classification of Chemicals into Groups
- The Building Blocks in Petrochemicals
- Reactions/Process Technologies Of Petrochemical Industry
Day Three: Petrochemical Feedstocks, Processes and Equipment
- Feedstock for Petrochemicals
- The different raw material for petrochemicals from C1 to C50
- Different feedstock sources for petrochemicals
- World oil refining and petrochemicals output composition
- Difference between fuels and chemicals
- “Alternate Value” of hydrocarbons: Gasoline Pool vs. Petrochemicals
- World gas oil industry basic functions
- Petrochemical Processes And Equipment
- The overview of hydrocarbons groups in crude oil
- The basic refining operations and processes
- The working knowledge of basic equipment used in petrochemical industry,
- Rearrangement of Hydrocarbons chains
- The measure of conversion and yield in refinery
- Refinery-Petrochemical Integration
- Identify the seven basic chemicals.
- Learn what is meant by the integration of refining and petrochemicals
- Explore what are the benefits and challenges of integrating refinery with petrochemicals.
Day Four: Petrochemical Value Chains and Markets
- Petrochemical Value Chains I
- Understand the concept of value chain
- Understand how series of upgrades are made from the raw material to the finished products
- Learn how these value chain are optimized
- Understand the chemical linkage from hydrocarbons to end uses
- Petrochemical Value Chains II
- Exploring olefins value chain - ethylene, propylene, and polyvinyl chloride.
- Understanding how their demand is driven.
- Olefins product applications and manufacturing technology
- Petrochemical Markets-Mod9
- The global chemical business.
- Looking at the chemical industry market segments.
- Learning basic market research.
- Learn what is forecasting.
- Explore the forecasting / planning techniques
Day Five: Strategies and Project Evaluation
- Petrochemical Strategies
- Define the petrochemical participation concept
- With examples of Strategies/Business Models of
- International Oil Companies
- National Oil Companies
- Non-Oil Companies
- International oil Companies Key Strategies
- National Oil Companies - Chemicals Business Structure and Key Strategies
- Major Non-Oil Companies competitive advantage
- Major Business Incentives - Five Categories
- Know about the best in Class summary
- Understand the key success factors
- Petrochemical Project Evaluation
- What are project management, and its core activities and considerations?
- Project Management Evaluation Steps
- What are the considerations in selecting proper technology, capital, and operating costs for the project?
- Capital Cost estimates accuracy
- The different ways of conducting financial evaluation, measures for its success and adding share-holder value
- Comparative measures of performance
- Investment Appraisal Methods
- Project Selection Criteria
- Conclusions
- Petrochemical Innovations, Challenges & Future Trends
- What are the drivers for innovations in Petrochemicals
- Innovations in Petrochemicals – Hi Tech
- Innovations to Meet Market Demand – MTO
- Emergence of Bio-feedstock’s
- How the unique properties of petrochemicals cater to the different industries
- What are the refining challenges, future trends, and risks involved in petrochemicals
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
Accreditation
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Frequently Asked Questions
Why PetroKnowledge?
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Who are these training courses designed for?
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
Are the courses delivered online or in person?
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Can I get a customized training course for my team?
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Are there any prerequisites for attending a course?
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
How can I enroll in a course?
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
When should I expect to receive confirmation of registration?
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.
Will I receive a certificate after completing the course?
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
When and how do I arrange payments?
We offer two convenient payment options:
- Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
- Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.
What is the refund or cancellation policy?
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
Is there a discount for more than one registrant/course?
For corporate fees and group registration, please send your query to [email protected].
