Management and Leadership
Understanding Success Factors in The Oil and Gas Industry

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Understanding Success Factors in The Oil and Gas Industry Course
Introduction:
Course Objectives:
By the end of the Understanding Success Factors in the Oil and Gas Industry Training Course, you will be able to:
- Gain a broad understanding of the petroleum industry and the companies that make up this industry
- Learn about the important issues facing our industry and strategies used to address these issues
- Gain specific skills in strategic planning, setting goals, budgeting, and finance
- Understand the management and allocation of resources (money, time, people, tools, and technology)
- Develop an understanding of the derivatives markets and an awareness of hedging risk
- Understand and compare international fiscal systems
- Learn about the geopolitical issues surrounding global oil & gas supply and transportation
Who Should Attend?
Contracting Consultants, the Understanding Success Factors in the Oil & Gas Industry training course will also be useful to personnel in leadership roles that need to improve their leadership presence and learn more about strategic planning in the oil & gas industry.
- Business Development Professionals
- Corporate Planning Professionals
- Geoscience and Engineering Specialists
- Refinery Professionals
- Supply Planners and Scheduling Professionals
Course Outlines:
Overview of the Oil & Gas Industry
- Origins and formation of fossil fuels
- Chemistry and characteristics of petroleum
- Exploration for oil & gas
- Oil & Gas production
- Global oil supply and reserves
- Reserves, estimation, and evaluation
The Supply Chain
- The Oil and Gas supply chain
- Logistics – Transportation and Storage
- Adding Value – Refining
- Refined product, specifications
- Natural Gas processing
- Sales and marketing of refined products and Natural Gas
Energy Trading and Economics
- Oil & gas economics
- Energy trading and commodities
- Crude oil production and lifting costs
- Crude Oil pricing regimes and strategies
- Trading (I) – Real and liquid markets
- Trading (II) – Derivatives, futures, options, and swaps
The Future of Fossil Fuels
- Petroleum – consumption, supply, and demand
- Future prospects for the oil & gas industries
- Peak oil – trends and consequences
- Financial and energy risk management
- Risk management and hedging
- Risks for oil & gas companies
Strategic Analysis for the Oil & Gas Sector
- IOC & NOC strategic interests and competitive advantage
- Contracting strategies for the oil and gas industries
- Strategic value analysis for competitive advantage
- Strategic analysis for the oil & gas sector
- Project appraisal from a strategic perspective
- Geopolitical risks and opportunities