An Intensive 10-day Training Course
The 10-day Oil & Gas Professional Training:
Managing Oil & Gas Business Operations and Projects Effectively
CLASSROOM DATES
INTRODUCTION
Today’s multinational, International Oil Companies (IOC’s) and National Oil Companies (NOC’s), both upstream and downstream of the oil and gas supply chain, are facing many challenges from the current economic climate. The recent volatility in crude oil and natural gas prices has prompted companies to reinvent themselves and to abandon the traditional strategic planning exercises. This 10 Day Oil & Gas Professional training course is designed to provide a broad understanding of the issues facing the international oil and gas industries and equip the delegates with the necessary skills and knowledge to effectively identify and tackle these issues.
This EuroMaTech training course will also introduce current innovations and advances in Oil & gas project management processes, tools and techniques to ensure project success. Evaluation of current oil & gas project delivery systems and methods, risk and issues management, stakeholders and communication management, planning and scheduling approaches, project finance and economics
It includes how to develop a commercially viable and winning business case and project plan with specific application in oil and gas projects.
This 10-day training course, comprises of two parts, as detailed below:
Module 1 - Understanding Success Factors in the Oil & Gas Industry
Module 2 - Oil and Gas Project Management
Each module has been developed distinctly, such that it can be attended as an individual 5-day training course. However, for optimum training outcome, participants are encouraged to attend Module 1 and Module 2, as a complete 2-week training course.
TRAINING OBJECTIVES
This EuroMaTech training course aims to enable participants to achieve the following objectives:
- Gain a broad understanding of the petroleum industry and the companies that make up this industry
- Learn about the important issues facing our industry and strategies used to address these issues
- Gain specific skills in strategic planning, setting goals, budgeting and finance
- Understand the management and allocation of resources (money, time, people, tools and technology)
- Develop an understanding of the derivatives markets and an awareness on hedging risk
- Understand and compare international fiscal systems
- Learn about the geopolitical issues surrounding global oil and gas supply and transportation
- Explain the nature and fundamental of Oil and Gas Projects and Project Management
- Discuss contemporary and current Project Management tool kits, processes and techniques
- To probe Risk Management practices in Oil and Gas Projects
- Explain how to effectively manage stakeholders and communication in a complex Oil and Gas Projects
- Evaluate Planning approaches and instruments for Oil and Gas Projects
- To assess the commercial viability of Oil and Gas Projects
- Develop robust and advanced business case and project plan for Oil and Gas Projects
WHO SHOULD ATTEND?
- Business Development Professionals
- Corporate Planning Professionals
- Geoscience & Engineering Specialists
- Refinery Professionals
- Supply Planners & Scheduling Professionals
- Contracting Consultants
- Experienced Project Personnel / Engineers
- Project Control Staff
- Project Management Office Personnel
The 10-day Oil & Gas Professional training course will also be useful to personnel in leadership roles, and need to improve their leadership presence and learn more about strategic planning in the oil & gas industry; and those with responsibility to plan and execute major oil & gas projects.
TRAINING METHODOLOGY
The 10-day Oil & Gas Professional training course combines presentation with interactive practical exercises, supported by videos, activities and case studies. This EuroMaTech training course will also cover Project Management Body of Knowledge (PMI) recommended processes, oil and gas project management tools & techniques, production of business case and project plan, and rapid response assessment based on a situational analysis.
Delegates will be encouraged to participate actively to relate taught material and case studies with their own experiences from their respective industries.
TRAINING SUMMARY
This is a concise EuroMaTech training course that provides a wider management perspective of global oil & gas business and highlights the success factors in each category of several business models. This training course also deals with increasing application of project management in oil and gas environment, and expectation / demand for oil and gas personnel to be sufficiently skilled and competent in project management processes and techniques. This EuroMaTech training course effectively illustrates the core issues, tactics and essential concepts of successfully running the oil & gas business.
TRAINING OUTLINE
Module 1: Understanding Success Factors in the Oil & Gas Industry
Day 1: Overview of the Oil & Gas Industry
- Origins and formation of fossil fuels
- Chemistry and characteristics of petroleum
- Exploration for oil & gas
- Oil & Gas production
- Global oil supply and reserves
- Reserves, estimation and evaluation
Day 2: The Supply Chain
- The Oil and Gas Supply Chain
- Logistics – Transportation and Storage
- Adding Value – Refining
- Refinery Petrochemical Integration
- Natural Gas processing
- Sales and marketing of Refined products and Natural Gas
Day 3: Energy Trading and Economics
- Oil & Gas Economics
- Energy Trading and Commodities
- Crude Oil Production and Lifting Costs
- Crude Oil Pricing Regimes and Strategies
- Trading (I) – Real and liquid markets
- Trading (II) – Derivatives, futures, options and swaps
Day 4: The Future of Fossil Fuels
- The role of natural gas and its role in the low carbon future
- Future prospects for the oil & gas industries
- Peak Oil – trends and consequences
- Financial and energy risk management
- Risk management and hedging
- Geopolitical risks and opportunities
Day 5: Strategic Analysis for the Oil & Gas Sector
- IOC & NOC strategic interests and competitive advantage
- Contracting strategies for the oil and gas industries
- Strategic value analysis for competitive advantage
- Strategic analysis for the oil & gas sector
- Project appraisal from a strategic perspective
Module 2: Oil and Gas Project Management
Day 1 : Oil and Gas Projects and Project Management
- Oil and Gas Projects, Programmes and Portfolio
- Project Management, Programme Management, Portfolio Management
- Project and Project Management issues and challenges in Oil and Gas Projects
- Advanced and contemporary Project Management within Oil and Projects
- Project Success from Owner, Contractor and Project team’s perspective
- Navigating complexity in Oil and Gas Projects
Day 2 : Project Management Processes within Oil and Gas Environment
- Project Management Body of Knowledge introduction
- Critical Project Management Processes, tools and techniques in Oil and Gas Projects
- Scope Management tools and techniques
- Stakeholders Management tools and techniques
- Communication Management tools and techniques
- Risk and Issues Management tools and techniques
- Project Management Office (PMO) within Oil and Gas context
- Project Quality Management tools and techniques
Day 3 : Planning Approaches in Oil and Gas Projects
- Front End Engineering Design / Front End Loading
- Planning principles and fundamentals
- Cost Management tools and techniques
- Time Management tools and techniques
- Advanced Scheduling instruments and methods
- Critical path management
- Earned Value management
- Advanced Planning methods
- Project Control and Monitoring advanced methods
- Human Resources Management tools and techniques
Day 4 : Project Finance, Economics and Procurement
- Appraising Oil and Gas Project’s commercial viability and readiness level
- Capital Budgeting tools, techniques and instruments
- Managing Capital Expenditures and Operating Expenditures
- Effective Cash flow management
- Oil and Gas Project’s sensitivity analysis
- Project selection criteria financial key performance indicators
- Procurement Management tools and techniques for EPC and EPIC
Day 5 : Project Charter Development for Oil and Gas Projects
- Project Charter structure, format and key elements
- Criteria for an effective and winning Project Charter
- How to identify gaps and oversights in Oil and Gas Projects Charter
- Measuring the viability, deliverability and readiness level of the Project Charter
- How to rectify changes, identify errors and omissions in the Project Charter
CALL ME BACK
Do you wish for us to conduct this course at your premises?
Discover In-House Solutions
ACCREDITATION
EuroMaTech is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
FAQ
Do you provide assistance with hotel accommodation?
Yes, we can assist you with the following:
- Corporate Discount: If available, we can extend our corporate discount for your stay at selected hotels.
- Hotel Suggestions: We can provide recommendations for nearby hotels based on your preferences and budget.
Feel free to explore online booking platforms for the most cost-effective options.
Do you offer customized training for organizations?
Yes, we provide tailored training solutions designed to meet the specific needs of your organization. Customized courses can be delivered either in-person or online, and you can select the dates and duration that best fit your schedule. For more details, please contact us at [email protected]
What types of training formats do you offer?
We provide two flexible training formats to suit your preferences:
- Classroom Training: Experience in-person learning with expert instructors. Engage in interactive discussions, hands-on activities, and benefit from face-to-face networking.
- Online Training: Join live online sessions from anywhere, offering flexibility for those with busy schedules or who prefer remote learning.
- In-House Training: We can bring our training directly to your organization, allowing for tailored sessions that address your specific needs and objectives.
Can you assist with visa arrangements?
Yes, we can help by issuing an official Letter of Invitation once you’ve confirmed your training registration, which can assist in your visa application process.
Who will be the senior consultant leading the training?
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us [email protected]