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Date | Venue | Fees | |
---|---|---|---|
17 - 21 Jul 2023 | Dubai - UAE | $5,950 | |
16 - 20 Oct 2023 | Dubai - UAE | $5,950 |
In today’s modern refining environment, the use of innovative cost management practices that can accurately allocate refined intermediate and product manufacturing costs, may assist refiners to optimize their production, improve their profitability and competitiveness.
Cost management is concerned with the process of planning and controlling the budget of a project or business. Cost management can also be applicable to refinery management systems and it can be a very important part of the refinery production processes. It must be appreciated however, that production costs are a synthetic index that can reflect the effectiveness of production planning and scheduling. How to successfully control and manage production costs is a complex set of issues for refineries but it can be used to monitor and control refinery unit performance.
This GLOMACS training course on Oil Refinery Cost Management will assist in creating cost structures for refinery process units and assist in allocating costs to individual refinery intermediates and finished on-specification products. Important aspect of process plant optimization is related to system energy management and energy consumption reduction. Furthermore, process monitoring that includes advanced controls and new technologies also present opportunities for refinery optimization. Additional opportunities can include Crude Unit Utilization with opportunity crudes of lower quality and price.
This GLOMACS training course will assist in examining individual process equipment such as atmospheric and vacuum distillation equipment, catalytic and thermal processes, heaters, furnaces and steam boilers, heat exchanger integration, rotating equipment efficiency including pumps and compressors. Oil refinery cost management will provide a comprehensive review of the various aspects of refining cost management, which is the cornerstone for a viable plant profitability and optimization.
This GLOMACS training course will highlight:
By the end of this GLOMACS training course, participants will be equipped with the knowledge to conduct the following activities in their refineries:
Oil Refinery Cost Management is a hands-on, stimulating learning experience. This GLOMACS training course on Oil Refinery Cost Management will be highly interactive, with opportunities to advance one’s opinions and ideas. Participation is encouraged in a supportive environment.
To ensure the concepts introduced during this GLOMACS training course are understood, they will be reinforced through a mix of learning methods, including lecture style presentations, open discussions, case studies, and short videos. Hands-on computer software and simulations will be provided to illustrate the application of costing and cost management. The case studies provided for group work will be re-enforced with practical exercises in excel and there will be ample opportunities for discussion and sharing of experiences.
In sending delegates to this GLOMACS training seminar, the organization will gain the following benefits:
In attending this GLOMACS training seminar, individual delegates will gain the following benefits:
This GLOMACS training course on Oil Refinery Cost Management is designed to provide technical and practical approaches to executing a petroleum refinery related cost management.
This GLOMACS training course is suitable to a wide range of professionals but will greatly benefit:
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: www.NASBARegistry.org
PetroKnowledge
Our collaboration with Petroknowledge aims to provide the best training services and benefits for our valued clients
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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