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5-Day Training Course

Advanced Management Strategies and Financial Acumen in the Oil & Gas Sector

Course Overview

This Advanced Management Strategies and Financial Acumen in the Oil & Gas Sector training course is designed to provide in-depth knowledge and advanced skills for managers and supervisors in the oil and gas industry. The training course will focus on the economic, financial, and managerial aspects of the industry, including petroleum economics, contracts, joint ventures, fiscal regimes, and risk management. Participants will explore the financial mechanisms and strategies crucial for developing and financing oil and gas projects. Additionally, this Energy Training Centre training course will delve into the evolution of safety culture, effective communication, and negotiation skills essential for leadership in the industry. This training course aims to develop participants' ability to manage complex financial and strategic issues within the oil and gas sector effectively.

Course Objectives

Upon successful completion of this Advanced Management Strategies and Financial Acumen in the Oil & Gas Sector training course, the participants will be able to:

  • Understand the principles of petroleum economics and energy trading.
  • Apply financial concepts such as discounted cash flow, internal rate of return, and net present value in oil and gas projects.
  • Evaluate different types of oil and gas contracts and fiscal regimes.
  • Analyse the need for collaboration between national and international oil companies.
  • Manage financial and energy risks, including geopolitical risks and uncertainties in trading energy commodities.
  • Understand the principles and practices of carbon capture and environmental issues.
  • Develop a positive safety culture and effective leadership and teamwork strategies.
  • Enhance communication and negotiation skills to handle conflicts and global negotiations effectively.
  • Gain insights into the future prospects of the global oil and gas industry.

Training Methodology

This Advanced Management Strategies and Financial Acumen in the Oil & Gas Sector training course will be a hands-on and highly interactive stimulating learning experience, which facilitates many opportunities to advance the opinions and ideas of the delegates through active discussion. Participation is encouraged in a supportive environment that ensures the concepts introduced during the training course are understood and reinforced. This is achieved through a mix of learning methods, including lecture style presentation, open discussion and case studies.

PowerPoint presentations augmented with videos will be used through the training course and will include case studies to facilitate discussions. The delegates will be encouraged to exchange ideas.

Who Should Attend

  • 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 of the international petroleum and natural gas industry, including the areas of and petrochemical operations
  • 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

Course Curriculum

  • Petroleum Economics
  • World Petroleum Consumption, Supply, and Prices, Prospects For The Future
  • Energy Trading and Commodities
  • Futures, Options, and Hedging
  • A Brief History of Real Options
  • Introduction to Energy Finance and Economics
  • Developing and Financing Oil and Gas Projects
  • Oil and Gas Accounting
  • Discounted Cash Flow (DCF) and Time-value Considerations
  • Apply The Present Value and Future Value Formulae (NPV)
  • Inflation, Real, and Nominal (Time Value of Money)
  • Internal Rate of Return (IRR)
  • Hurdle Rates and Minimum Acceptable Rates of Return
  • Need for Collaboration between NOC’s and IOC’s
  • Oil & Gas Contracts & Types of Contracts
  • Concession Agreements
  • Production Sharing Agreement / Contract (PSA/PSC)
  • Technical Service Contract / Agreement (TSA)
  • Joint Venture and Service Agreements
  • Similarities Among Fiscal Systems
  • State Participation
  • Signature Bonus
  • Production Bonus
  • Bidding For Leases
  • Introduction to Energy Risk Management
  • Risk Management and Types of Risk
  • Risks in Trading Energy Commodities
  • Geopolitical Risks and Opportunities
  • Risk and Opportunity Analysis
  • The Non-linearity and Complexity of Uncertainty
  • Carbon Capture and Environmental Issues
  • The Future of the Global Oil and Gas Industry
  • Culture and Safety
  • Defining a Value System
  • A New Management Safety System
  • Leadership and Teamwork
  • Understanding Why Employees Put Themselves at Risk
  • Assessing the Organisational Culture
  • Active Listening
  • Nonverbal Behaviours of Communication
  • Speaking Hints
  • Communication and Leadership
  • The Communication Process
  • Barriers to Communication
  • Presentation Skills
  • Steps in Negotiation
  • Negotiating Fears
  • Making Choices
  • Thinking Creatively
  • Coping with Criticism
  • Approaches to Negotiation
  • Negotiating Roles
  • Creative Bargaining
  • BATNA is an acronym that denotes the Best Alternative To a Negotiated Agreement Relational Influence and Power
  • Negotiating with Integrity
  • Dealing with Aggressors and Conflict
  • Negotiating Globally
  • Course Summary and Roundup

Certificates Awarded

Certificate of Completion

After successfully completing this training course, participants will be awarded The Energy Training Centre Certificate of Completion — a respected validation of their dedication to continuous learning and professional excellence. This certificate signifies that participants have gained the essential knowledge and skills required to make a measurable impact in their field.

Upcoming Sessions
New York, USA
Dubai, UAE
London, UK
Dubai, UAE
London, UK
Dubai, UAE
New York, USA
Dubai, UAE

This course is also part of a 10-day title

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Frequently Asked Questions

Our training courses are conducted at partnered hotels located within the specified training areas. Please note that venue assignments may vary based on availability. For the most current information, do not hesitate to contact us at [email protected].

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at [email protected] to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

Upon successful completion of the training course, you will receive The Energy Training Centre Certificate of Completion with corresponding learning hours.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at [email protected]

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receiving your registration details, either via email at [email protected] or through our online registration form, we will send you the following by email within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at [email protected]. Our team will guide you through the registration process and provide assistance you may need.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggest a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, The Energy Training Centre is certified and recognized by several prominent industry standards. Specifically, it holds certifications from ILM, Continuing Professional Development (CPD), and the Project Management Institute (PMI).

  • ILM (ID# 002398B) – This certification indicates that our training programmes meet high standards for leadership and management development, ensuring that they are designed to enhance participants’ skills in these critical areas.
  • Continuing Professional Development (CPD) – Our recognition by CPD reflects our commitment to providing educational opportunities that support ongoing professional growth and skill enhancement. This accreditation ensures that our training courses are relevant and effective for professionals seeking to advance their careers.
  • Project Management Institute (PMI) – Being recognized by PMI signifies that our training programmes align with industry best practices in project management. This certification assures participants that our offerings are in line with the standards required for effective project management and are valuable for those pursuing or maintaining PMI credentials.

These certifications underscore our dedication to providing high-quality, industry-relevant training that fosters professional growth and meets established standards. Additionally, we are actively pursuing further certifications and affiliations to enhance our offerings and ensure we remain at the forefront of industry best practices.

About Energy Training Centre

Energy Training Centre is a leading provider of professional development programs for the energy and public sectors. With over 15 years of experience, we have trained more than 50,000 professionals across the Middle East and beyond.

Our expert-led courses are designed to meet the evolving needs of modern organizations, combining theoretical knowledge with practical applications that deliver immediate value to your career and organization.

50K+
Professionals Trained
15+
Years of Experience
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