An Intensive 5-day Training Course
Private: International Oil Supply, Transportation, Refining and Trade
- Format: Classroom
- Duration: 5 days
- Language: English
- Accredited: CPE, KHDA Certified training courses
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 essentials of international oil supply, economics and transportation
- The key economic drivers of the international oil gas value chain.
- Primary logistics – tanker freight costs and chartering
- Supply logistics – major international pipelines, shipping routes, and choke points
- The configuration and structure of different refineries from simple to complex
- The value of crude oil based on product market prices retail and distribution
- Key points on product quality and blending to specification
TRAINING OBJECTIVES
- Gain a broad perspective of the global oil business: supply, transportation, refining and trading
- Boost your fundamental analysis of the oil business: quality, blending and valuation of oil for trade, freight and netback and refinery margin calculations, vessel chartering, pipelines & terminals, etc
- Understand oil market forwards, futures and hedging
- 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
WHO SHOULD ATTEND?
- Personnel needing to gain or improve their knowledge and understanding of crude oil and petroleum products trading and pricing mechanisms
- New entrants to the oil industry, and integrated sections such as supply, trading and logistics
- Business Development managers Corporate Planning professionals and business analysts switching disciplines who are required to have a better understanding of this stimulating field
- Professional personnel such as legal, banking, insurance, finance dealing with oil supply, refining, trading and transportation.
- Energy industry journalists and reporters
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.
TRAINING 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.
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.
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.
Taught by our team of highly qualified trainers, our KHDA approved training courses will provide you with an enriching learning experience and practical knowledge that will help you future-proof your career and support professional development within your organisation.
