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Course Schedule
Classroom Sessions:
Date Venue Fees
06 - 17 May 2024 London - UK $11,900
08 - 19 Jul 2024 Houston - USA $13,900
02 - 13 Sep 2024 London - UK $11,900
30 Sep - 11 Oct 2024 Houston - USA $13,900
09 - 20 Dec 2024 Dubai - UAE $11,900
Course Description


Oil & gas are vital sources of energy for the world because of its availability, versatility and reliability and will likely to remain so for many decades to come. This GLOMACS 10-Day Certification program in Global Oil and Gas Management is designed to provide participants with an intense training in the success factors in Global Upstream and Downstream Oil & Gas Management.

Innovative new technologies will be presented that are essential to this industry, such as, exploration, drilling, production, enhanced oil recovery, refining, petrochemicals, sales, distribution and trading of oil, gas and refined products. This will enable managers to understand future trends in the industry, sharpen their skills and future-proof their business. The drop in the price of oil while detrimental to the Upstream business but enhances the profitability of Downstream business as Refinery margins improve with cheaper feedstock. This and other critical concepts must be utilized to build busing practices and strategies in varying price scenarios to continually improve the return on investments to the stock-holders. To strengthen the participants’ understanding to manage business successfully, business case-studies, several tools and techniques will be presented and demonstrated. These include short technical videos, oil field simulator, refinery simulator, interactive oil market systems (NY, London, Dubai & Singapore), and business case studies.


This training course is split into two modules:

MODULE I - Certificate in Global Upstream Oil & Gas Operations

MODULE II - Certificate in Global Downstream Oil & Gas Operations

Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.


By the end of this GLOMACS Certification training course, participants will learn to:

  • Understand the new technologies and business trends of Upstream and Downstream
  • Identify the performance indices of Upstream, Midstream and Downstream oil & gas business
  • Understand Refinery operations, Petrochemical processes and Integration benefits
  • Build strategies to maximize the corporate profits, add efficiencies by EOR, and integrating refining and petrochemicals
  • Analyse petroleum economics, sales & marketing logistics including pipelines, sea borne transportation and the new FLNG business 
  • World Fiscal Systems, Upstream & Downstream Contracts and JV Contracts
  • Project management, Investment Risk-Analysis, and Decision Analysis


This GLOMACS Certification training course is designed to train and improve the business knowledge of a wide range of professionals as follows: 

  • Business Development Managers
  • Corporate Planning Professionals
  • Geoscience & Engineering Professionals
  • Refinery Professionals
  • Supply Planners & Scheduling Professionals
  • Government Regulators
  • Law Professionals
  • Tax & Finance Advisors
  • Auditing Personnel  
  • Compliance Officers
  • Equity Analyst and Bankers
  • Joint Venture Officers
  • Negotiators and Contracting Professionals
  • Trading Professionals
Course Outline
Module 1: Certificate in Global Upstream Oil & Gas Operations


  • Understanding Petroleum Industry Upstream Dynamics & Future Trends 
  • Oil & Gas Geology, Exploration and Production
  • Well Evaluations & Completions Technique
  • Management of Oil Recovery Mechanisms
  • Technological Advances in Upstream
  • Economic Evaluations and Project Economics
  • Concession, Production Sharing and JV Contracts
  • Review & Comparison of Different Fiscal Systems in the World for Petroleum Industry 
  • Risk & Uncertainty Analysis in Capital Investments
  • Evaluate Projects by Risk-based Economics, and Petroleum Project Evaluation
Module 2: Certificate in Global Downstream Oil & Gas Operations


  • Broad Perspective of Petroleum Refining, and Sales & Marketing of Refined Products
  • Global and Regional Supplies; and Trade Routes of Oil, LNG and Refined Products
  • Basic Principles in Pricing, Oil Supply-Demand Balance, and its Impact on Prices
  • Fundamentals of All Transportation – Pipelines, FLNG, VLCC’s, Tankers and Chartering
  • Refinery Optimization and Refinery Economics  
  • Petrochemicals and its Integration with Refining that Results in Improved Profitability
  • Downstream Markets Structures and Trading
  • Oil Market Derivatives – Futures, Forwards, Swaps, Option
  • Managing Risk and Maximizing Downstream Profits
  • Challenges to Petroleum Industry and Trends in New Technology
  • 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:

In Association With



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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