Cambridge
Academy
In London

Introduction:

Oil and natural gas are major industries in the energy market and play an influential role in the global economy as the world's primary fuel sources. This course to help professionals look at the business of oil and gas and is intended to serve as a research aid to sources worldwide. It covers a brief history of the oil and gas industry, an overview of companies and organizations, statistic and pricing resources, and regulations. The industry is divided into three segments: upstream, the business of oil and gas exploration and production; midstream, transportation and storage; and downstream, which includes refining and marketing. We aim through this course to understand, evaluate and help their decision-making point of views.

Course Objectives

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

·        Gain a broad perspective of oil business, exploration, drilling and production Boost their understanding of the technical and economic efficiencies gained in the Upstream applied through new technologies Master the petroleum economics, investment analysis, risk analysis, and petroleum project evaluation Evaluate Fiscal terms and conditions, and compare World Fiscal systems Gain an understanding of all Upstream contracts

·        Concessionary, Production Sharing, Service and Joint Venture Contracts Discuss the technical terms, concepts and buzzwords with your peers and clients confidently

Target Audience

This course is designed for:

·        Business Development managers Corporate Planning professionals Geoscience & Engineering professionals Refinery professionals Supply Planners & Scheduling professionals Government regulators Law professionals Tax & Finance advisors Auditing personnel Compliance officers Equity analyst and Bankers Joint Venture officers Negotiators and Contracting professionals Trading professionals

Course Outlines

Day 1: Introduction

 History of the Industry Organizations and Cartels Oil and Gas Companies

Day 2: Upstream: Production and Exploration

·        Upstream Success Factors Upstream Production Contracts & Fiscal System

Day 3: Midstream: Transportation

·        Modes of Transportation Storage

Day 4: Downstream

·         Refining and Marketing

Day 5: Petroleum Economics, Risk Analysis, and Project Evaluation

·        Petroleum dynamics

·         Global, Regional & OPEC production scenarios Profitability indicators for oil & gas business Comparison and investments selection criteria Corporate portfolio management and maximize returns Risk & Uncertainty analysis in capital investments Evaluate projects by risk-based economics Fundamental Considerations in Petroleum Project Evaluation Investment Decision-Making Techniques