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Course Schedule
Classroom Sessions:
Date Venue Fees
31 Mar - 04 Apr 2024 London - UK $5,950
21 - 25 Apr 2024 Dubai - UAE $5,950
29 Apr - 03 May 2024 Doha - Qatar $5,950
13 - 17 May 2024 Houston - USA $6,950
03 - 07 Jun 2024 Lisbon - Portugal $5,950
05 - 09 Aug 2024 New York - USA $6,950
12 - 16 Aug 2024 London - UK $5,950
30 Sep - 04 Oct 2024 Houston - USA $6,950
11 - 15 Nov 2024 Dubai - UAE $5,950
02 - 06 Dec 2024 London - UK $5,950
20 - 24 Jan 2025 Dubai - UAE $5,950
24 - 28 Feb 2025 London - UK $5,950
20 - 24 Apr 2025 Dubai - UAE $5,950
Online Sessions:

20 - 24 Jan 2025 Online $3,950
Course Description

INTRODUCTION

Oil and Gas are considered among the world's most important resources. The oil and gas industry plays a critical role in driving the global economy. Petroleum itself is used for numerous products, in addition to serving as the world's primary fuel source.

The processes and systems involved in producing and distributing oil and gas are highly complex, capital-intensive and require state-of-the-art technology.

Crude Oil is almost never used as produced. It is refined to make “white” products—liquefied petroleum gas (cooking gas), gasoline, kerosene, and diesel—and residual fuel oil. Worldwide, demand for white products is growing much more rapidly than that for residual fuel oil (used to generate electricity or heat).

As the oil industry faces challenges related to climate change, alternative energies, energy substitutions and adverse changes in the quality of available downstream feedstocks, it recognizes the need for managers who have a comprehensive and broad understanding of the industry, including economics, evaluation and decision-making skills and who understand the issues that face the oil and gas industries in the future.

This GLOMACS Certificate in International Oil & Gas Business Management training course will provide a basis for functional managers and those whose experience has been limited to a particular area of the industry, to prepare for additional responsibilities by providing a broad base of knowledge covering the total spectrum of the oil and gas business and specific skills related to the evaluation of opportunities and enhanced decision-making.

Objectives

  • Understand all of the value-added steps from the well to the consumer
  • Gain an understanding of the ways the oil and gas industries have organized to operate effectively and efficiently
  • Learn the details of gas processing
  • Learn how crude oil is processed into transportation fuels
  • Understand the fundamental economic calculus of both the upstream and downstream oil and gas industries
  • Develop the skills necessary to evaluate opportunities and make effective decisions related to oil and gas operations

Training Methodology

This GLOMACS Certificate in International Oil & Gas Business Management training course is a hands on, stimulating learning experience. It will be highly interactive, with opportunities to advance your opinions and ideas. Participation is encouraged in a supportive environment. To ensure the concepts introduced during the training course are understood, they will be reinforced through a mix of learning methods, including lecture style presentation, and open discussion.

This GLOMACS Oil & Gas Technology training course will be presented with the use of PowerPoint slides and videos. This will be augmented by case studies and facilitated discussions, to engage the delegates and to encourage the exchange of ideas. Short videos will also be used to reinforce specific points and to relate the material to real-world experience.

Organisational Impact

The employer will gain:

  • Assurance that the training course is delivered by a quality training organization using a very experienced instructor
  • Managers who have a broad overview and understanding of the structure and operations of the Oil and Gas industries
  • Employees who understand the details of Oil and Gas operations at all levels of the value chain
  • Delegates who understand the fundamental economics of the oil and gas industries
  • Delegates with the skills to make better decisions and contribute to the evaluation of project opportunities
  • The training course will be presented with the use of PowerPoint slides and videos. This will be augmented by case studies and facilitated discussions, to engage the delegates and to encourage the exchange of ideas. Short videos will also be used to reinforce specific points and to relate the material to real-world experience

Personal Impact

  • Better understanding of the total spectrum of our industry and the challenges we face
  • Ability to contribute to corporate decision-making
  • Develop skills to assist in the evaluation of corporate opportunities
  • Understanding of the structure of the oil and gas business
  • Understanding of key process operations related to the production of downstream products

WHO SHOULD ATTEND?

This GLOMACS Certification training course will be of interest to:

  • Business Development Professionals
  • Ministerial, governmental, industry bodies and development agency staff
  • Oil & Gas industry analysts, planners, traders, sales, marketing, communications, public relations and commercial personnel
  • Managers in functional areas of the international petroleum and natural gas industry, including the areas of marketing, law, human resources, accounting, and finance
  • Refining technologists and exploration engineers seeking to understand the business side of their value chain
  • New recruits to oil, gas and energy companies
  • Anyone seeking a broad understanding of the oil and gas industry
Course Outline

DAY 1

Sources, Origin and Nature of Petroleum

  • Introduction to Petroleum Chemistry
  • Origins of Hydrocarbon Deposits
  • Basic Petroleum Geology
  • Exploration Activities
  • Oil and Gas Field Development & Production
  • Well Fluids and Surface Production Operations

DAY 2

Oil Companies, Corporate Relationships and Structures

  • Local, National and Multi-national Oil and Gas Companies
  • Integrated and Non-integrated Companies
  • Organization of Petroleum Exporting Companies (OPEC)
  • International Energy Agency (IEA)
  • Production Sharing Agreements
  • Transportation and Storage Operations

DAY 3

Processing Operations in Oil and Gas

  • Oil Refining Operations
    • Distillation
    • Product Conversion Processes
    • Product Improvement & Blending Processes
  • Gas Processing Operations
    • Inlet Separation
    • Sulfur Removal and Sulfur Recovery
    • Dehydration
    • Dewpoint Control and Byproduct Recovery
    • Gas Compression and LNG Production

DAY 4

Evaluation of Oil and Gas Opportunities

  • Estimating the Cost of Oil and Gas Facilities
  • Using Historical Costs
    • Cost Curves
    • Adjusting for Different Sizes
    • Adjusting for Different Time Periods
  • Building Cash Flow Models
  • Using Cash Flow Models to Evaluate Projects

DAY 5

Processing Operations and Economics

  • Basic Economics of the Oil and Gas Industries
    • Benchmark Indicators
    • Net Present Value
    • Internal Rate of Return
    • Unit Technical Cost
    • Payback & Maximum Exposure
  • Making Decisions under Conditions of Certainty and Uncertainty
  • Risk & Uncertainty
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
  • Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Providers and Associations

Endorsed Education Provider

  • Quality Logo
  • Quality Logo

GLOMACS 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

In Association With

PetroKnowledge

PetroKnowledge

Our collaboration with Petroknowledge aims to provide the best training services and benefits for our valued clients

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Oxford Management Centre

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients.

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The Energy Training Centre

The Energy Training Centre

Our collaboration with Energy Training Centre aims to provide the best training services and benefits for our valued clients

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KC Academy

KC Academy

Our collaboration with KC Academy aims to provide the best training services and benefits for our valued clients

Visit website

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