training@ipdc.co.id
+622150101483

International Oil & Gas Business Management Course

No Date Location Register
1 25 - 29 Nov 2019 Bandung Register

OVERVIEW

Designed to develop theoretical and practical knowledge, investigative and analytical skills, and the understanding of the business and management process necessary to develop a career in the Oil & Gas industry. The programme draws on the globally recognized expertise of the staff within the Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP). As the oil industry faces challenges related to climate change, alternative energies, energy substitutions and adverse changes in the quality of available downstream feedstocks, it recognizes the need for managers who have a comprehensive and broad understanding of the industry, including economics, evaluation and decision-making skills and who understand the issues that face the Oil and Gas industries in the future. This course will provide a basis for functional managers and those whose experience has been limited to a particular area of the industry, to prepare for additional responsibilities by providing a broad base of knowledge covering the total spectrum of the Oil and Gas business and specific skills related to the evaluation of opportunities and enhanced decision-making.

 

OBJECTIVES

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

  • Understand all of the value-added steps from the well to the consumer
  • Gain an understanding of the ways the Oil and Gas industries have organized to operate effectively and efficiently
  • Learn the details of gas processing
  • Learn how crude oil is processed into transportation fuels
  • Understand the fundamental economic calculus of both the upstream and downstream Oil and Gas industries
  • Develop the skills necessary to evaluate opportunities and make effective decisions related to Oil and Gas operations

 TARGET PARTICIPANTS

  • Engineers
  • Managers
  • Employees working in the areas of Planning, Marketing or Finance
  • Anyone requiring a broad understanding of the structure, operations and economics of the Oil and Gas industries

 

COURSE CONTENTS

SOURCES, ORIGIN AND NATURE OF PETROLEUM

  • Fundamentals of organic chemistry
    • Definition of Petroleum
    • The Oil and Gas Industry
  • Basic petroleum geology
    • Origins of Hydrocarbon Deposits
  • Exploration activities
    • Exploration Methods
    • Drilling Proposal
    • Types of Well

OIL COMPANIES, CORPORATE RELATIONSHIPS AND STRUCTURES

  • Operating companies and service companies
  • Local, national and multi-national Oil and Gas companies
    • Major International Oil Companies
    • National Oil and Gas Companies
  • Integrated and non-integrated companies
    • Integrated Companies
    • Non-integrated Companies
  • Organization of Petroleum Exporting Companies (OPEC)
  • Other international and multi-national organizations
  • International Energy Agency (IEA)
  • Production sharing agreements

EVALUATION OF OIL AND GAS OPPORTUNITIES

  • Building cash flow models
    • What is financial modeling?
    • Who does Financial Modeling?
    • What are the steps in building a financial model?
  • Using cash flow models to evaluate projects
    • Internal rate of return
    • Net present value
    • Benchmark indicators

MAKING DECISIONS UNDER CONDITIONS OF CERTAINTY AND UNCERTAINTY

  • Certainty
    • Risk
    • Crisis problem
  • Uncertainty
  • The role of probability in decisions
  • Mathematical modeling of business processes

BASIC ECONOMICS OF THE OIL AND GAS INDUSTRIES

  • Benchmark indicators
  • Net present value
  • Internal rate of return
  • Unit Technical Cost
  • Payback & Maximum Exposure
  • Making Decisions under Conditions of Certainty and Uncertainty
  • Risk & Uncertainty