Course description
Oil and gas are considered among the world’s most significant assets. The oil and gas industry plays a vital 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 exceptionally complex, capital-intensive and require state-of-the-art technology.
As the oil business faces challenges related to environmental change, alternative energies, energy substitutions and adverse changes in the quality of available downstream feedstocks, it recognises the need for managers who have a comprehensive and broad comprehending of the industry, including economics, evaluation and decision-making skills and who comprehend the problems that face the oil and gas industries in the future.
Upcoming start dates
Upcoming start dates
Suitability - Who should attend?
International Oil and Gas Business Management Training course, is ideal for:
- Engineers
- Managers
- Employees working in the areas of Planning, Marketing or Finance
- Anyone requiring a broad understanding of the structure, operations and economics of the Oil and Gas industries
Outcome / Qualification etc.
At the end of the International Oil and Gas Business Management training course , you 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
Training Course Content
Day 1
Sources, Origin and Nature of Petroleum
- Fundamentals of Organic Chemistry
- Definition of Petroleum
- The Oil and Gas Industry
- Basic Petroleum Geology
- Origins of Hydrocarbon Deposits
- Exploration Activities
- Exploration Methods
- Drilling Proposal
- Types of Well
Day 2
Sources, Origin and Nature of Petroleum
- Oil and Gas field Development
- Production
- Well Fluids and Surface Production Operations
- Transportation
Day 3
Oil Companies, Corporate Relationships and Structures
- Operating Companies and Service Companies
- Local, National and Multi-national Oil and Gas Companies
- Major International Oil Companies
- National Oil and Gas Companies
- Integrated and Non-integrated Companies
- Integrated Companies
- Non-integrated Companies
Day 4
Oil Companies, Corporate Relationships and Structures
- Organization of Petroleum Exporting Companies (OPEC)
- Other International and Multi-national Organizations
- International Energy Agency (IEA)
- Production Sharing Agreements
Day 5
Processing Operations and Economics
- Oil Refining Operations
- Distillation
- Product Improvement Processes
- Product Conversion Processes
- Other Operations
Day 6
Processing Operations and Economics
- Gas Processing Operations
- Inlet Separation
- Sulfur Removal and Sulfur Recovery
- Dehydration
- Dewpoint Control and Byproduct Recovery
- Gas Compression
- Basic Economics of the Oil and Gas Industrie
Day 7
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
Day 8
Evaluation of Oil and Gas Opportunities
- Building Cashflow Models
- What is Financial Modeling?
- Who does Financial Modeling?
- What are the steps in building a financial model?
- Using Cashflow Models to Evaluate Projects
- Internal Rate of Return
- Net Present Value
- Benchmark Indicators
Day 9
Making Decisions Under Conditions of Certainty and Uncertainty
- Certainty
- Risk
- Crisis Problem
- Uncertainty
- The Role of Probability in Decisions
- Mathematical Modeling of Business Processes
Day 10
Making Decisions Under Conditions of Certainty and Uncertainty
- Making Management Decisions under Conditions of Certainty
- Optimization of the Model and Interpretation of Results
- Making Management Decisions under Conditions of Uncertainty
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London Premier Centre
London Premier Centre is a UK leading training provider based in London and specialises in international short courses. Our inspiring, comprehensive portfolio of more than 400 professional development courses and seminars covers a wide range of professions from Administration, Leadership,...