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Course Description

INTRODUCTION

This GLOMACS online conference and forum “Managing Major Strategic Change in the Global Oil, Gas and Petrochemical Industry” has been designed specifically for experienced managers who wish to develop high-level skills within the increasingly complex and fast changing oil, gas & petrochemical industry. It will enable participants to respond to the challenge of linking strategies to profitable growth objectives within these three closely integrated sectors at a time of major disruption in the structure and trends of the business.

By the end of this GLOMACS event, participants will be able to:

  • Appreciate and understand each of the three basic elements of the business
    • (i) oil, gas and petrochemical trends
    • (ii) reconciling different interests in global versus local relationships
    • (iii) the reality of doing business in the post-COVID world
  • Develop action plans that link sourcing strategy to regaining and sustaining profitable growth in a post-COVID scenario
  • Identify and manage the new risks in oil, gas and petrochemicals
  • Design effective approaches to strategic choice in sourcing
  • Negotiate and control the balance of global versus local relationships

Objectives

  • Problems, challenges and opportunities in the global oil, gas and petrochemical industry
  • Re-balancing global versus local decisions in developing your business structure
  • Dealing with complex legal and operational issues in the changed business climate
  • Identifying, assessing and managing a different type and level of business risk
Course Outline

DAY 1

Macroeconomic Relationships – Companies, Governments and Institutions

  • The drivers of structural change in each of the 3 sectors
  • OPEC and non-OPEC players and the major markets
  • Strategic challenges and opportunities facing the industry
  • Potential risks and rewards in a post-COVID scenario

DAY 2

Global Versus Local Decisions in Procurement

  • Balancing technical and financial decisions in procurement policy
  • The main regional differences in procurement practices
  • Different management models for global/local procurement
  • Designing a procurement plan for individual organisations

DAY 3

Major Themes in the Legal Frameworks of Local Content

  • Incorporating local content into complex supply chains
  • Protecting intellectual property rights in contracts
  • Guidelines on negotiating balanced global/local contracts
  • Developing negotiating and managerial skills in procurement

DAY 4

The Main Strategic Risks in this Business

  • Understanding the risk management process
  • Tools and techniques of risk analysis and risk management
  • Application of the risk management process at the strategic level
  • How to develop your strategic risk management system

DAY 5

Workshop/Breakout session

DAY 6

Q&A / Summary / Wrap up / Finish

Providers and Associations

Endorsed Education Provider

  • Quality Logo

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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Frequently Asked Question:

How can I find out more information about a specific course?

For detailed information about specific courses, including course content, schedules, and instructors, you can visit our website or contact our customer service team. They will be happy to provide all the information you need to make an informed decision.

Can I get a discount for group bookings?

Yes, GLOMACS offers special discounts for group bookings. If you’re planning to enroll multiple participants from your organization, please reach out to our team to discuss the available discount packages.

How are GLOMACS courses structured?

Our courses are structured to provide a balanced mix of theory and practical application. They typically include presentations, case studies, group discussions, hands-on activities, and interactive Q&A sessions to maximize learning outcomes.

Will I receive a certificate upon completing a GLOMACS course?

Yes, upon successful completion of any of our training courses, GLOMACS Certificate will be awarded to the delegates. This certificate is a valuable addition to your professional portfolio and is recognized across various industries.

Does GLOMACS offer customized training for organizations?

Yes, GLOMACS provides customized training solutions tailored to meet the specific needs of organizations. We work closely with companies to design bespoke training courses that address their unique challenges and objectives.

How can I register for a GLOMACS course?

You can register for a GLOMACS training course by visiting our website, selecting the course of your choice, and following the simple registration process. You can also contact our support team for assistance with the registration process.

Who are the trainers at GLOMACS?

Our trainers are industry experts with years of practical experience in their respective fields. They bring real-world knowledge and insights into the classroom, ensuring that our participants receive top-tier, applicable skills and expertise.

Are GLOMACS training courses available online or in person?

GLOMACS offers both online and in-person training options. You can choose from interactive virtual sessions or attend one of our globally located in-person training courses. The flexibility ensures that learning fits your schedule and preferences.

What types of training courses does GLOMACS offer?

GLOMACS offers a wide range of professional development training courses across various industries, including Leadership & Management, Finance & Accounting, Human Resources, Engineering, Oil & Gas, Operations and Logistics, Engineering and Technical and more. Our training courses are designed to enhance career growth and organizational effectiveness.

What are the key benefits of attending a GLOMACS course?

Attending a GLOMACS training course offers numerous benefits, including enhanced professional skills, increased employability, industry-recognized certification, networking opportunities with peers and experts, and the chance to apply practical knowledge directly to your workplace.

Why should I choose GLOMACS?

GLOMACS is a globally recognized leader in professional training and development, with a reputation for delivering high-quality, results-driven training courses. We offer a broad spectrum of training courses taught by expert trainers, flexible delivery options (both online and in-person), and accredited certifications that add real value to your career.

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