Cambridge
Academy
In London
Course Description
Course Duration: Five Training Days
Course Language: Arabic or English
Include:
Scientific material with TAB
Workshops
Reception and farewell at the airport
Daily lunch
Coffee Break
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.
Targeted Groups:
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 Objectives:
At the end of this course the 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
Targeted Competencies:
The basics of oil and gas exploration, production, and its recovery economics to fully understand this global business that fuels the global economy
The essential concepts and best production practices of the international oil & gas supply, transportation and trade in the oil and gas industry
Fundamentals of Fiscal terms and conditions, and comparison of World Fiscal Systems
Upstream Concessionary, Production Sharing, Service and Joint Venture Contracts in oil, gas and LNG production
Fundamentals of petroleum economics and investment evaluation
It seamlessly covers the wide array of critical business functions, processes, and appropriately deals with the business practices and tactics to build the necessary business acumen in the Competitive and low-price environment.
Course Content:
Unit 1: Introduction
History of the Industry
Organizations and Cartels
Oil and Gas Companies
Unit 2: Upstream: Production and Exploration
Upstream Success Factors
Upstream Production Contracts & Fiscal System
Unit 3: Midstream: Transportation
Modes of Transportation
Storage
Unit 4: Downstream: Refining and Marketing
Unit 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