Oil & Gas Platform Supervisory Programme

What are the Goals?

Upon successful completion of this training course, delegates will be able to:

• Have an overview of the Global Oil and Gas Industry, from discovery to production through to consumption
• Understand the Geopolitics of Oil and Gas and the Major challenges facing the energy industry
• Gain an overview of Refining processes and their impact on refining profitability
• Evaluate the primary uses of Oil and Gas and their significance within the global energy industry
• Understand the objectives, functions and commercial relationships between national oil companies and international organizations
• Evaluate organizations with a positive safety culture that are characterized by communications founded on mutual trust, by shared perceptions of the importance of safety and by confidence in the efficacy of preventative measures
• Gain and enhance good negotiating skills which are essential to the smooth running of the business
• Understand alternative approaches to the process of negotiating successfully

Who is this Training Course for?

This training course is suitable to a wide range of professionals but will greatly benefit:

• Working Managers, Supervisors, Engineers
• Team leaders, Safety managers, and Senior Technicians
• Oil and Gas Managers
• Investment Bankers and Fund Managers
• Media Analysts and Commentators
• Exploration, Production and Refinery Managers
• Marketing, Law, Human Resources, Accounting, and Finance Personnel
• Anyone requiring a broad understanding of the structure, operations and economics of the Oil and Gas industries

Daily Agenda

Day One: The Nature and Formation of Fossil Fuels and Oil Reserves

• Petroleum & Natural Gas Composition, Classification and Properties
• Generation, Migration and Accumulation of Petroleum
• Trapping Mechanisms and Seismic Surveys
• Exploratory Drilling & Testing the Well
• Casing Cementing and Completing the Well
• Estimation of Reserves
• Enhanced Oil Recovery
• Surface Treatment and Storage

Day Two: Production, Transportation and Distribution

• Development of Oil and Gas Fields
• Storage & Tank Farms
• Pipelines and Tankers
• Geopolitics and World Energy Markets
• OPEC and the Future Role of a Cartel
• Need for Collaboration between NOC’s and IOC’s
• Oil & Gas Contracts, Joint Ventures and Fiscal Regimes

Day Three: Introduction to Petroleum Industry Economics

• World Petroleum Consumption, Supply, Prices and Prospects for the Future
• The Refining Process & Complexity
• Refining Margins and Profitability
• Sales and Marketing of Petroleum Products
• Carbon Capture and Environmental challenges
• Introduction to Energy Finance and Economics

Day Four: Financial and Energy Risk Management

• Discounted Cash Flow (DCF) and Time-value Considerations
• Inflation and Time Value of Money
• Apply the Present Value and Future Value Formulae (NPV)
• Internal Rate of Return (IRR)
• Hurdle Rates and Minimum Acceptable Rates of Return
• Introduction to Energy Risk Management
• Risks in Trading Energy Commodities
• Risk and Opportunity Analysis
• The Non-linearity and Complexity of Uncertainty

Day Five: The Evolution of a Safety Culture

• Culture and Safety
• Leadership and Teamwork
• Active Listening and Nonverbal Communication
• Leadership, Communication and Barriers to Communication
• Presentation Skills
• Thinking Creatively
• Coping with Criticism
• BATNA Best Alternative to a Negotiated Agreement
• Dealing with Aggressors and Conflict
• Course Summary and Roundup