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INTRODUCTION
The international oil and gas business is both capital intensive and technically complex.
Its value chain is fraught with potential risks and uncertainties both in the upstream and
downstream sectors. Traditional oil and gas companies have to conduct their business
with escalating levels of complexity and increasing competition. Innovative technologies
such as enhanced oil recovery, oil/tar sands, and other unconventional fossil fuels
particularly the shale oil boom and hydraulic fracturing are changing the landscape of the
industry.
International oil and gas suppliers upstream, and refiners and traders downstream,
require several cross-functional aptitudes so as to maximize their effectiveness.
Managers and professionals, by definition have a need therefore to continually expand
their business knowledge and improve their skills and understanding of the market's
latest trends.
On completion of this programme the delegates will have developed the following
competencies:
The key economic drivers of the international oil gas value chain.
Supply logistics major international pipelines, shipping routes, and choke points
The value of crude oil based on product market prices retail and distribution
New entrants to the oil industry, and integrated sections such as supply, trading
and logistics
Professional personnel such as legal, banking, insurance, finance dealing with oil
supply, refining, trading and transportation.
Programme Objectives
Gain a broad perspective of the global oil business: supply, transportation, refining
& trading
Boost your fundamental analysis of the oil business: quality, blending & valuation
of oil for trade, freight and netback and refinery margin calculations, vessel
chartering, pipelines & terminals, etc.
Learn the technical, commercial, legal, and environmental aspects of the oil and
gas business
Appreciate the causes and impact of the recent price volatility in crude oil and
natural gas markets.
Recognize the cause and effect of unconventional oil and gas on the industry from
a financial and environmental perspectives.
Training Methodology
Participants will learn by active participation through the use presentations, case studies,
interactive practical exercises, quizzes, training videos and discussion of business cases
issues related to oil supply, transportation, refining and trade in their organizations.
Programme Summary
This 5-Day accelerated programme provides a wider management perspective of the
global oil and gas business and highlights the success factors in each of its essential
components. It follows the natural order of business, starting with exploration, supply
and transportation and followed by refining, distribution and trading operations.
Business case studies of crude oil evaluation, netback and refinery margin calculations,
transportation and storage costs, sales contracts, total barrel economics, product quality
etc. will be examined. The program through the use of visual aids and simulations will
consider several complex operations, such as, drilling, completion, refining, and
transportation and its designed to suite the wide range of delegates.
Programme Outline
DAY 1 - Global Oil Supply Fundamentals
Introduction to Programme
Case Study: - How to value crude oil, reference and netback methods