International Petroleum Management Course
5 DaysInternational Petroleum Management Course
The British Academy offers an International Petroleum Management course developed to prepare attendees for all-round knowledge in the oil and gas industry globally. The course ranges over the exploration, production, and distribution phases of the petroleum sector with all the economic, legal, and environmental factors that shape the industry. Attendees will learn about oil and gas markets, strategic petroleum management, and regulatory frameworks governing international petroleum operations along with case studies that help underpin the course with practicalities for informed decision making on the global petroleum landscape. The International Petroleum Management course is designed to help attendees to become knowledgeable managers in a position to advise how best a company can move forward in a particular aspect of the business
Overview
Course Objectives
Objectives:
The objectives of this course is to:
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Understand the methods of organising the oil and gas Industry and the energy Industry together when driving effective and efficient operations.
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Identify all the latest basic petroleum geology, seismic, well logging, horizontal drilling, fracking, gas to liquid, etc.
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List renewable sources and trends for the future related to: Solar, Wind, Wave, Hydro Geothermal, Nuclear and evaluate the cost-comparing methods with which energy of each source is calculated.
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Identify the benefits of refinery-integrating with petrochemicals.
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Understanding the nature of petroleum and petroleum fiscal regimes.
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Have an understanding of the ways the oil and gas industries have organised to operate effectively and efficiently.
Training Methodology
This practical training course is a highly interactive stimulating learning experience, with opportunities to advance the opinions and ideas of the delegates. Attendees are encouraged in a supportive environment that ensures the concepts introduced during the training course are understood and reinforced. This is achieved through a mix of learning methods, including lecture style presentation, open discussion and case studies. The delegates will be engaged and encouraged to exchange ideas.
Target Audience
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Corporate Planners
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Senior Oil and Gas Managers
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Earth Scientists and Engineers
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Investment Bankers and Fund Managers
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Investment Analysts
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Media Analysts and Commentators
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Government Agencies - Regulators
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Anyone requiring a broad understanding of the structure, operations and economics of the oil and gas industries
Course Outline
Sources, Origin and Nature of Petroleum
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Introduction
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Industry Overview
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Chemistry of Fossil Fuels
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Origins of Hydrocarbon Deposits
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Basic Petroleum Geology
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Exploration Methods & Activities
Well Evaluations & Drilling Operations & Reservoir Management
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Types of Wells
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Well Evaluations
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Drilling Operations
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Well Completions
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Oil & Gas Reserve Estimates
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Volumetric Calculations – Original Oil & Gas In-Place
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Reservoir Depletion Mechanisms
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Declining Curve Analyses
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Case Study: Oil Reserves Estimation
Conventional & Unconventional Production
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Unconventional Oil & Gas
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Shale Oil & Gas, Tight Gas, and Heavy Oil Recovery
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Oil Recovery Methods
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Primary, Secondary and Tertiary
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Enhanced Oil Recovery Techniques
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Reservoir Management – maximize ultimate recovery of oil
New Oil & Gas Field Development and Economic Evaluation
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Typical Decision Yardsticks
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Petroleum Economics Analysis
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Net Present Value
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Internal Rate of Return
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Profitability Index
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Unit Tech Cost
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Economic Limit
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Case Study: Oil and Gas Field Development Economic Evaluation
Oil & Gas Contracts & Joint Ventures
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Need for Collaboration between Parties – NOC’s and IOC’s
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Alignment of Interests
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Oil & Gas Contracts
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Types of Contracts
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Concession Agreements
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Production Sharing Agreement / Contract (PSA / PSC)
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Technical Service Contract / Agreement (TSA)
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Joint Venture and Service Agreements
Petroleum Fiscal Regimes
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Comparison of Fiscal Regimes
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Auction Theory and Methods
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Similarities among Fiscal Systems
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Accounting Aspects of Fiscal Systems
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Division of Revenues and Profits
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Concession
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Concession Rentals
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Unitisation Agreements
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Royalties
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Profit Tax
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Corporate Tax
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Ring Fencing
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State Participation
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Signature Bonus
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Production Bonus
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Bidding for Leases
The Chemistry of Petroleum and the Refining Processes
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Crude and Product Quality
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Crude oil Refining Operations
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Crude Oil Fractions
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Crude Oil Refinery Products & Processes
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Refinery Configurations - separation, conversion and treatment
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Refining Complexity
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Pipelines
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Storage
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Treatment & Blending
Refining Economics – Environmental Aspects
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Refinery Economics
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Benefits of Integrating with Petrochemicals
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Global Oil Reserves, Production & Trade Movements
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Crude Oil and Refining Gross Product Worth (GPW)
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Freight
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Netback and Refining Margin
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Vessel Chartering
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Environmental Aspects
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Case Study: Netback Pricing Calculation
Oil & Gas Exports and Imports Business
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Organization of Petroleum Exporting Companies (OPEC)
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Other International and Multi-national Organizations
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International Energy Agency (IEA)
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Oil Markets – Crude Pricing Regimes
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Transportation Logistics – Pipelines, Terminals and Storage
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Crude Oil Tankers
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World’s Major Pipelines
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World’s Major Terminals, Refineries
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Transportation Logistics – Losses
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Bottle necks and Chokepoints
Pricing, Trading, Markets, Risk Management
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Crude oil Benchmarks
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Crude Price Assessment
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Oil Trading
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Total Barrel Economics
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Oil Markets – Futures
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Exposure – Price
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Hedging – Risk Management
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Pricing Management Considerations
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Derivatives
Schedule & Fees
No upcoming sessions at the moment. Contact us for custom scheduling.