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Course Schedule
Classroom Sessions:
Date Venue Fees
06 - 10 May 2024 London - UK $5,950
08 - 12 Jul 2024 Houston - USA $6,950
02 - 06 Sep 2024 London - UK $5,950
30 Sep - 04 Oct 2024 Houston - USA $6,950
09 - 13 Dec 2024 Dubai - UAE $5,950
20 - 24 Jan 2025 Dubai - UAE $5,950
24 - 28 Feb 2025 Kigali - Rwanda $5,950
Course Description


This high-level GLOMACS Certification training seminar in Global Upstream Oil & Gas Operations focuses on the success factors of wide array of Upstream oil and gas industry operations that beat competition and add value to the stake-holders. Crude Oil & Natural gas have dominated Energy industry for the past century and are likely to continue to for the foreseeable future.

Despite these new business strategies, renewable energy sources current industry projections are that oil production will have to increase to meet rising demand from road transport for many years to come. The innovative technologies in the recovery of oil and gas are reducing the costs, employing more efficient recovery techniques, applying stringent economic evaluation and risk analysis to increase stakeholders value. All these are changing the landscape of petroleum industry. Managing international supplies, understanding of fiscal terms and comparison of worldwide fiscal systems is critical to understanding of Upstream production sharing and joint venture contracts. The objective of this GLOMACS Certification program in Global Upstream Oil & Gas Operations is to provide the participants with extensive exposure to the many complex management issues presently confronting the Upstream Petroleum Industry and to strengthen their understanding to mange business successfully.   


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

  • Understand the new technologies and critical success factors of Upstream Operations
  • Maximise the profits by enhancing the recovery of oil and reducing the costs
  • Analyse break-even costs and mitigate economic risk in the low-price environment
  • Implement business strategies for the evolving energy industry in a wide range of situations
  • Be cognizant of Geo-political issues, and different Upstream contracts 
  • Fundamentals of Fiscal terms and conditions, and comparison of World Fiscal Systems


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    
Course Outline

  • 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
  • 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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