Managing Major Strategic Change in the Global Oil , Gas and Petrochemical Industry

An Interactive 1-Day Training Course

Managing Major Strategic Change in the Global Oil , Gas and Petrochemical Industry

Regaining and Sustaining Profitable Growth in the New Business Conditions

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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

Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
Providers and Associations

Endorsed Education Provider

KHDA

In Association With

Petroknowledge

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Frequently Asked Question
GLOMACS offers both online andperson training options. You can choose from interactive virtual sessions or attend one of our globally locatedperson training courses. The flexibility ensures that learning fits your schedule and preferences.
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.
Our courses are structured to provide a balanced mix of theory and practical application. They typically include presentations, case studies, group discussions,on activities, and interactive Q&A sessions to maximize learning outcomes.
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.
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.
Attending a GLOMACS training course offers numerous benefits, including enhanced professional skills, increased employability,recognized certification, networking opportunities with peers and experts, and the chance to apply practical knowledge directly to your workplace.
GLOMACS is a globally recognized leader in professional training and development, with a reputation for deliveringquality,driven training courses. We offer a broad spectrum of training courses taught by expert trainers, flexible delivery options (both online andperson), and accredited certifications that add real value to your career.

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.

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