Essential Skills for Oil and Gas Managers and Supervisors Training

Course Code: OG16

 

Course Objective

  • Get an overview of the Global Oil & Gas Industry, from discovery to production through to consumption
  • Understand the Geopolitics of Oil and Gas and the Major challenges facing the energy industry
  • Gain an overview of Refining processes.
  • Evaluate the primary uses of oil and gas and its significance within the global energy industry
  • Understand the role of the various organizations involved in the oil and gas industry - national governments, international oil companies, service companies, regulators, external (i.e. non-oil) bodies and others.
  • Understand the objectives, functions and commercial relationships between companies and organizations from the upstream through to the downstream oil and gas supply chain.
  • Environmental issues and European Union plans for oil and gas (target 2030)
  • Evaluate organizations with a positive safety culture that are characterized by communications founded on mutual trust, by shared perceptions of the importance of safety, and by confidence in the efficacy of preventative measures
  • Gain and enhance good negotiating skills which are essential to the smooth running of the business.
  • Provide alternative approaches to the process of negotiating successfully.

 

Target Audience

  • Oil and Gas Managers and Supervisors

 

Course Outline

Day 1

  • The nature and formation of fossil fuels and oil reserves
  • The nature and formation of fossil fuels and oil reserves
  • The chemistry of petroleum
  • Characteristics of fossil fuels
  • Assay and properties
  • Measurement and characterization
  • Where we find fossil fuels
  • Industries & uses

Day 2

  • Generation, migration, accumulation and exploration of petroleum
  • Identification of common rocks and minerals
  • Ocean environment and plate tectonics
  • Traps and trapping mechanisms
  •  Geophysical & Geochemical surveys
  • Offshore drilling and production
  • Exploratory drilling& testing the well
  • Casing and cementing the well
  • Geologic classification types of reservoir and reservoir drive mechanisms
  • Development of oil and gas fields
  • Estimation of reserves
  • Surface treatment and storage
  • Enhanced oil recovery

Day 3

  • Distribution transmission and transportation
  • Geopolitics and world energy markets
  • The geopolitics of oil pipelines
  • OPEC and the future role of a cartel
  • Overview of world petroleum consumption, supply, and prices
  • Sustainable energy: myths and realities
  • The global oil and gas industry
  • Petroleum; composition, classification and properties
  • Natural gas; composition, classification and properties

Day 4

  • Transportation
  • Pipelines
  • Oil tankers
  • Case study - The Baku - Tbilisi - Ceyhan (BTC) pipeline
  • Storage
  • Tank farms
  • Tank farm operations
  • Commercial relationships between oil and gas production companies and downstream marketer organizations

Day 5

  • Introduction to the petroleum industry
  • The market for crude oil
  • The price of crude
  • The refining process
  • Product & specifications
  • Refinery complexity
  • Refining margins and profitability
  • Sales and marketing of petroleum products
  • Petrochemicals

Day 6

  • Petroleum economics
  • World petroleum consumption, supply, and prices,prospects for the future
  • Energy trading and commodities
  • Futures, options, and hedging
  • A brief history of real options
  • Introduction to energy finance and economics
  • Developing and Financing Oil and Gas projects
  • Oil and gas accounting
  • Discounted cash flow (DCF) and time-value considerations
  • Apply the present value and future value formulae (NPV)
  • Inflation, real, and nominal (time value of money)
  • Internal rate of return (IRR)
  • Hurdle rates and minimum acceptable rates of return

Day 7

  • Contracts, Joint Ventures and Fiscal Regimes
  • Need for collaboration between NOC's and IOC's
  • Oil & Gas Contracts & Types of Contracts
  • Concession agreements
  • Production Sharing Agreement/Contract (PSA/PSC)
  • Technical Service Contract/Agreement (TSA)
  • Joint Venture and Service agreements
  • Similarities among fiscal systems
  • State participation
  • Signature bonus
  • Production bonus
  • Bidding for leases

Day 8

  • Financial and Energy Risk Management
  • Introduction to energy risk management
  • Risk management and types of risk
  • Risks in trading energy commodities
  • Geopolitical risks and opportunities
  • Risk and opportunity analysis
  • The nonlinearity and complexity of uncertainty
  • Carbon capture and environmental issues
  • The future of the global oil and gas industry

Day 9

  • The evolution of a safety culture
  • Culture and Safety
  • Defining a Value System
  • A New Management Safety System
  • Leadership and Teamwork
  • Understanding why employees put themselves at risk
  • Assessing the organisational culture
  • Active Listening
  • Nonverbal Behaviours of Communication
  • Speaking Hints
  • Communication and Leadership
  • The Communication Process
  • Barriers to Communication
  • Presentation Skills

Day 10

  • Successful negotiation
  • Steps in negotiation
  • Negotiating fears
  • Making choices
  • Thinking creatively
  • Coping with criticism
  • Approaches to negotiation
  • Negotiating roles
  • Creative bargaining
  • BATNA is an acronym that denotes the Best Alternative To a Negotiated Agreement Relational influence and power
  • Negotiating with integrity
  • Dealing with aggressors and Conflict
  • Negotiating globally
  • Course summary and roundup


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Date & Location

Date : 10 February 2019

Duration : 5 days

Place : Kuala Lumpur

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Date : 19 May 2019

Duration : 5 days

Place : Istanbul

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Date : 08 December 2019

Duration : 5 days

Place : Manila

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