The worldwide oil and gas sector is dedicated to the exploration, production, transportation, and sale of natural gas and crude oil from wells to final consumers. Oil and gas firms use a wide range of equipment to accomplish this, which necessitates a supply of petroleum products. Pumped from the earth into a gathering system, oil and natural gas are subsequently transported via a series of pipelines to final destinations where they are prepared for use.

Course Objectives:

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

understand how to build a Digital solution in Oilfield
think strategically about future digitized business models in oil field operations
learn the value of transforming the value chain along with downstream to enable advanced analytics
tackle major challenges in the industry i.e., Data overload, Friction between data silos, and lack of automation
To get a sustainable competitive advantage in the industry by using digital technologies, especially cloud computing and machine learning,

Who Should Attend?

Executives and others in the oil and gas industry
Workers in the oil and gas field who want to learn about digital technology
Managers in charge of oil and gas assets in the downstream process
Petrochemical companies’ decision-makers
Those looking to invest in oil and gas infrastructure digitization
Any other professional with an interest in learning more about digital oil and gas fields

Course Outlines:

Characteristics of the downstream oil and gas segment’s business

Oil Refining (Light Products, Medium Products, Heavy Products)
Supply and Trading
Product Marketing
Distribution.
Retail

Overview of Activities in Downstream Oil and Gas

Crude oil refining
Fractionation of natural gas liquid
Pipeline transportation of natural gas liquids
Underground natural gas storage services
Onshore midstream gathering and compression

Challenges Facing the Downstream Oil and Gas Sector

Lack of digital implementation
Traditional infrastructure and less unified platforms
Reduced integration of global assets
Reactive maintenance and lack of predictive maintenance
Lack of real-time analytics of processes and Data migration challenges
The reluctance of management to accept digitalization of assets
Limited automation

Opportunities | Digital Transformation in Oil & Gas

Digital technologies (visualizations systems to complex simulation models)
Asset life cycle digital management
Advanced analytical methods and smarter workflow processes

Areas for Digital Implementation in Downstream Oil and Gas

Exploration
Drilling
Maintenance
Health and safety
Processes (workflows, stock update, equipment Maintenance, production monitoring)

Benefits of Digitizing Oil and Gas Processes

Real-time data accessing and sharing
Ability to analyze the current state
Predict future trends and make optimization decisions
Automatic control capabilities

Oil and Gas Logistics

Marine transport
Oil and Gas – Pipeline Transportation
Storage of oil in transportation
Delivery to the refinery procedure
Distribution of petroleum products
Dispatch control

Oil and Gas Regulations

Oil and gas legal framework
Ownership of hydrocarbon
Right to exploration and extraction
Environmental issues
Understanding of different contracts
Joint venture agreements

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