Search
5-Day Training Course

Essential Skills for Oil and Gas Professionals

Oil & Gas Management Competencies

Course Overview

The Oil & Gas industry is undergoing the most significant changes that we have seen for two decades as a result of an increase in oil production and a simultaneous decrease in demand. Sustained low oil prices are changing the geopolitical landscape of the oil and gas business. The shale oil and gas revolution has resulted in the need for new business models, with many mergers in the international oil companies both upstream and downstream of the oil and gas supply chain. With the international demand for petroleum products reaching record levels, so too is the complexity of issues facing the Oil & Gas industry.

This Essential Skills for Oil and Gas Professionals training course provides the essential skills to build a proactive knowledge base of the oil and gas industry, as well as the necessary competencies to meet the challenges it faces.

Course Objectives

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

  • Build knowledge as to the nature and challenges facing the oil and gas industry
  • Understand the key players and commercial drivers
  • Examine the industry structure with specific emphasis on the complete value chain
  • Understand framing agreements including joint ventures and product sharing contracts
  • Examine the importance of effective project planning and execution including risk management and Earned value management analysis

Training Methodology

This Essential Skills for Oil and Gas Professionals training course will be highly participatory and your training course leader will present, guide and facilitate learning, using a range of methods including discussions, case studies and where appropriate, these will include real case examples. The training course will be concluded with a capstone exercise.

By combining analysis, problems and examples with real case studies - lessons learned from the seminar will be applied to your organisation. Key performance indicators (KPIs) for the critical success factors (CSFs) will focus attention on high priority action plans for taking back to your organisation.

Who Should Attend

This Essential Skills for Oil and Gas Professionals training course is suitable to a wide range of professionals but will greatly benefit:

  • Oil and Gas professionals
    • Senior and middle managers
    • Accountants and finance professionals responsible for financial accounting, treasury, internal audit,budget preparation and management reporting
    • HR, contracting and procurement and IT professionals
    • Line managers with strategic planning and operational budgeting responsibility
  • New entrants to the Oil & Gas industry
  • Professional advisers and Business Consultants

Course Curriculum

  • The nature of the Oil and Gas industry
  • Upstream, midstream and downstream operations
  • Exploration, evaluation production and reserve estimates
  • Structures and business models -Lifting and production costs
  • Strategic challenges and opportunities facing the industry’s key players
  • IOC’s & NOC’s Fiscal agreements &contracting strategies for the oil and gas industries
  • Reward structures and options
  • Importance of project planning
  • Front end loading - Hot spots and challenges
  • Capital project planning and execution
  • Implementing effective project control framework
  • Evaluating project opportunities
  • Cash-Flow Analysis and Time Value of Money
  • Key Profitability Indicators NPV, IRR, UTC, Payback
  • Calculating a discounted cash flow
  • What is a cost estimate and what factors influence an estimate?
  • Earned value management analysis for measuring project performance and reporting
  • What is risk management and why it is important?
  • Risk management as applied to capital projects.
  • Specifying objectives and identifying project uncertainties
  • Technical and non-technical risks
  • Risk register review and analysis
  • Stakeholder identification and mapping
  • The Shale Gas Revolution in the United States
  • Impact of shale gas on the world Oil and Gas stage
  • Geopolitics of Oil and Gaspricing
  • Summary and course wrap up

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
Dubai, UAE
Live Virtual Session
Dubai, UAE
Live Virtual Session
Dubai, UAE
Dubai, UAE

Related Courses

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
About Energy Training Centre

Our Collaborations

We partner with leading institutions to deliver world-class training programs

What Our Delegates Say

Real feedback from professionals who completed this course

View All

Ready to Advance Your Career?

Your growth starts here. Discover the complete portfolio of industry-leading training courses that can help you achieve your career goals.

View Course Finder
Search