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An Interactive 5-Day Training Course

Managing Oil & Gas Production Business

Improving the Performance of Oil & Gas Production Business

Schedules Introduction Objectives Methodology Organisational Impact Personal Impact Who should Attend? Outline

Classroom Schedule

Date	Venue	Fees
27 - 31 Oct 2025	Abu Dhabi - UAE	$ 5,950
10 - 14 Nov 2025	Amsterdam - The Netherlands	$ 5,950
11 - 15 May 2026	Geneva - Switzerland	$ 5,950
27 - 31 Jul 2026	Dubai - UAE	$ 5,950
26 - 30 Oct 2026	Abu Dhabi - UAE	$ 5,950
09 - 13 Nov 2026	Amsterdam - The Netherlands	$ 5,950

Introduction

This GLOMACS Managing Oil & Gas Production Business training course will provide the key learning points to improve the efficiency of the oil and gas production business. The Oil and Gas industry has a very important role in the global economy and is the main source of income for many governments. The Oil and Gas industry is characterized as capital-intensive, highly risk, and requires state-of-the-art technology.

With the current crisis in energy worldwide, challenges related to climate change, alternative energies, and energy substitutions, there is a bad need to improve the efficiency of the oil and gas projects by professionals who have a wide-ranging and extensive understanding of the Oil and Gas industry, including economics evaluation and decision-making skills.

This Managing Oil & Gas Production Business training course will highlight:

Upstream Oil and Gas Life Cycle
Cost Management in oil and Gas Projects
Petroleum Economics
Oil and Gas Production Contracts
Decision Making in the Oil and Gas Industry

Objectives

At the end of this Managing Oil & Gas Production Business training course, you will learn to:

Understand the value chain of the oil and gas industry.
Understand how to operate efficiently your oil and gas fields
Understand the upstream petroleum economy.
Evaluate the different opportunities and make effective decisions related to Oil and Gas operations
Understand the different oil and gas production contracts and the effect of them on operations

Methodology

Delegates to this Managing Oil & Gas Production Business training course will receive a comprehensive understanding of the subjects covered by the training course outline with the instructor applying a variety of proven teaching and facilitation techniques. Training course methodology includes PowerPoint presentations, hands-on examples on Excel Software, case studies as well as active discussions

Organisational Impact

The participants will get the knowledge that will have a positive impact on their organization by increasing the value of their oil and gas assets.

Improving the efficiency of the operations of the oil and gas fields.
Improve the skills of the employee.
Better decision making
Increasing the net cash flow of the organization.
Improving Project planning and performance
Production optimization from oil and gas fields

Personal Impact

By the end of this GLOMACS training course, Participants will be able to efficiently manage their oil and gas production business.

Better understanding of Value chain of the oil and gas industry and the associated challenges
Improve the skills of decision-making
Develop skills to assist in the evaluation of corporate opportunities
Increase the knowledge of the importance of the economic feasibility studies in improving the performance of oil and gas assets
Understand the key operations in oil and gas production
Develop the skills to increase the value of the asset by production optimization

Who should Attend?

It is designed for all personnel in the oil and gas industry, or associated industries needing to improve their knowledge and understanding of managing the oil and gas production business.

This GLOMACS Managing Oil & Gas Production Business training course is suitable for a wide range of professionals but will greatly benefit:

Managers and Government Officials
Petroleum economists
Businessmen and financiers
Reservoir and Production Engineers
Energy industry journalists and reporters
Planning and Development Analysts/Executives
Commercial Analysts/Executive/Managers

Course Outline

Day 1

Oil and Gas Industry Value Chain

Characteristics of upstream oil and gas business
Phases of upstream oil and gas operations
Challenges in upstream operations
Oil & gas reserves, production, consumption & trade
The role of the integrated professional team in managing the business

Day 2

Petroleum Economics

Net cash flow: Definitions, gross revenue, capital costs, operating costs, abandonment costs, and government take
Economic life reserves, abandonment
Profit income tax and loss carry forward
Sunk costs
Inflation
Economic indicators, NPV, IRR, CPI, and payout time.

Day 3

Petroleum Contracts

Principal licensing and contractual arrangements
The modern concession contracts
The production sharing contracts
Participation agreements and joint operation agreements (JOA)
Service contracts, pure service contracts, risk service contracts
Financing in the international oil & gas industry
Comparative analysis of the different contract forms

Day 4

Decision-Making in the Oil and Gas Industry

Decision tree analysis
Value of information
Exploration drilling decisions
Production decisions
Making management decisions under conditions of certainty

Day 5

Risk Analysis

Uncertainty in oil and gas projects
Risk-free return
Risk of the proposed project
Treatment of risks in project appraisal
Sensitivity analysis
Portfolio analysis
Hedging – risk management

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 Sponsors, one CPE credit is granted per 50 minutes of attendance.

Providers and Associations

Endorsed Education Provider

In Association With

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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An Interactive 5-Day Training Course

Managing Oil & Gas Production Business