The 10-Day International Petroleum Management

An Interactive 10 - Day Training Course

The 10-Day International Petroleum Management

Energy Economics, Project Evaluation and Decision-Making Skills

Classroom Dates
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26 Aug - 06 Sep 2024
Houston
$13,900
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11 - 22 Nov 2024
Dubai
$11,900
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09 - 20 Dec 2024
London
$11,900
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Oil and gas are considered among the world's most critical resources and therefore play a pivotal role in driving the global economy. The exploration, production, refining, and distribution of oil and gas involve the most complex and capital-intensive processes and require state-of-the-art technology.

This 10-day International Petroleum Management training course has been designed to enable participants to learn more about oil & gas production technologies, the chemistry of petroleum and the refining processes, the oil & gas exports and imports business, and best business practices.

This training course will provide a more efficient understanding of the international oil and gas business value chain.

Through this Energy Training Centre training course, delegates will also learn:

  • The critical success factors of oil & gas operations – Seismic, wireline services, drilling, fracturing, well completion, production and processing for export
  • Recoveries through the primary, secondary and enhanced oil recovery techniques
  • Shale oil and gas production potential in different regions of the world
  • Renewable energy sources and their comparative costs
  • Energy economics, project evaluation and decision-making skills
  • Crude oil and gas supply, transportation, marketing, trading and storage

To provide delegates with the understanding, knowledge and strategies that oil & gas management must make for success.

By the end of this 10-Day International Petroleum Management training course, delegates will be able to:

  • Have an understanding of the ways the oil & gas and energy industries have organized to operate effectively and efficiently
  • Recognize the latest Game-changing technologies – seismic, well logging, horizontal drilling, fracking, gas to liquid, etc.
  • Distinguish the renewable sources of energy and the future trends in Solar, Wind, Wave, Hydro, Geothermal, Nuclear, and the methodology to compare the costs of energy of each source
  • Understand the benefits of integrating refineries with petrochemicals
  • Gain an understanding of the ways the oil and gas industries have organized to operate effectively and efficiently

This 10-Day International Petroleum Management training course is a highly interactive stimulating learning experience, with opportunities to advance the opinions and ideas of the delegates. 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 slides and videos will be used during the training course and will be augmented by business case studies and facilitated discussions. The delegates will be engaged and encouraged to exchange ideas. Short videos will also be used to reinforce specific technical and operational points and to relate the material to real-world experience.

  • Corporate Planners
  • Senior Oil and Gas Managers
  • Earth Scientists and Engineers
  • Investment Bankers and Fund Managers
  • Investment Analysts
  • Media Analysts and Commentators
  • Government Agencies - Regulators
  • Anyone requiring a broad understanding of the structure, operations and economics of the oil and gas industries

Day One: Sources, Origin and Nature of Petroleum

  • Introduction
  • Industry Overview
  • Chemistry of Fossil Fuels
  • Origins of Hydrocarbon Deposits
  • Basic Petroleum Geology
  • Exploration Methods & Activities

Day Two: Well Evaluations & Drilling Operations & Reservoir Management

  • Types of Wells
  • Well Evaluations
  • Drilling Operations
  • Well Completions
  • Oil & Gas Reserve Estimates
  • Volumetric Calculations – Original Oil & Gas In-Place
  • Reservoir Depletion Mechanisms
  • Declining Curve Analyses
  • Oil Reserves Estimation

Day Three: Conventional & Unconventional Production

  • Unconventional Oil & Gas
  • Shale Oil & Gas, Tight Gas, and Heavy Oil Recovery
  • Oil Recovery Methods
  • Primary, Secondary and Tertiary
  • Enhanced Oil Recovery Techniques
  • Reservoir Management – Maximize ultimate recovery of oil

Day Four: New Oil & Gas Field Development and Economic Evaluation

  • Typical Decision Yardsticks
  • Petroleum Economics Analysis
  • Net Present Value
  • Internal Rate of Return
  • Profitability Index
  • Unit Tech Cost
  • Economic Limit
  • Oil and Gas Field Development Economic Evaluation

Day Five: Oil & Gas Contracts & Joint Ventures

  • Need for Collaboration between Parties – NOC’s and IOC’s
  • Alignment of Interests
  • Oil & Gas Contracts
  • Types of Contracts
  • Concession Agreements
  • Production Sharing Agreement / Contract (PSA / PSC)
  • Technical Service Contract / Agreement (TSA)
  • Joint Venture and Service Agreements

Day Six: Petroleum Fiscal Regimes

  • Comparison of Fiscal Regimes
  • Auction Theory and Methods
  • Similarities among Fiscal Systems
  • Accounting Aspects of Fiscal Systems
  • Division of Revenues and Profits
  • Concession and Concession Rentals
  • Unitisation Agreements
  • Royalties / Profit Tax / Corporate Tax
  • Ring Fencing
  • State Participation
  • Signature Bonus / Production Bonus
  • Bidding for Leases

Day Seven: The Chemistry of Petroleum and the Refining Processes

  • Crude and Product Quality
  • Crude oil Refining Operations
  • Crude Oil Fractions
  • Crude Oil Refinery Products & Processes
  • Refinery Configurations - separation, conversion and treatment
  • Refining Complexity
  • Pipelines
  • Storage
  • Treatment & Blending
  • Utilities

Day Eight: Refining Economics – Environmental Aspects

  • Refinery Economics
  • Benefits of Integrating with Petrochemicals
  • Global Oil Reserves, Production & Trade Movements
  • Crude Oil and Refining Gross Product Worth (GPW)
  • Freight
  • Netback and Refining Margin
  • Vessel Chartering
  • Environmental Aspects
  • Netback Pricing Calculation

Day Nine: Oil & Gas Exports and Imports Business

  • Organization of Petroleum Exporting Companies (OPEC)
  • Other International and Multi-national Organizations
  • International Energy Agency (IEA)
  • Oil Markets – Crude Pricing Regimes
  • Transportation Logistics – Pipelines, Terminals and Storage
  • Crude Oil Tankers
  • World’s Major Pipelines
  • World’s Major Terminals, Refineries
  • Transportation Logistics – Losses
  • Bottle necks and Chokepoints

Day Ten: Pricing, Trading, Markets, Risk Management

  • Crude oil Benchmarks
  • Crude Price Assessment
  • Oil Trading
  • Total Barrel Economics
  • Oil Markets – Futures
  • Exposure – Price
  • Hedging – Risk Management
  • Pricing Management Considerations
  • Derivatives

We offer two main training formats to cater to different preferences and needs: 

  • Classroom Training Delivery – Our traditional classroom-based training courses provide a face-to-face learning experience with subject matter experts. You’ll benefit form in-person interactions, hands-on exercises, and a structured classroom environment.
  • Online Training Delivery – We also offer convenient live/online training courses that you can access from anywhere with a stable internet connection. These courses provided flexibility and allow you to learn anywhere, making them suitable for busy schedules or remote learning.

The Energy Training Centre Certificate of Completion with corresponding learning hours who has successfully completed the training course.

Yes, we provide assistance by issuing a Letter of Invitation stating that you are confirmed to attend our training.

We value transparency and are happy to provide our instructor’s profiles upon request. If you would like to learn more about our instructor’s’ qualifications, expertise, and experiences, please email us at info@energytraining.ae.

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 inhouse@energytraining.ae to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

We have multiple international training venues. You may find this through our website link: https://energytraining.ae/training-locations 

Our training courses are held at our partnered hotels within the city included within our training

Yes, here are the following options we can offer to assist you:

  • Corporate Discount – We can extend our corporate discount to participants staying at the same hotel, if we have any. Please enquire about the availability of this discount when you register for the training course.
  • Nearby Hotel Suggestions – If you prefer other accommodations, we can provide a list of nearby hotels to suit your needs and budget.

Feel free to go through hotel booking platforms on the internet to find the most cost-effective for you.

No, we do not provide job placement services after the training course. However, we are confident that our training course equips you with the necessary tools and knowledge to enhance you career prospects and promote career growth. Our training course are designed to empower you with valuable skills and expertise to excel in your chosen field.

Classroom
  • Tuition fee for a 5-day training course
  • Provision of a world-class subject matter expert to deliver this training
  • Meeting at a hotel venue corresponding to your chosen session
  • Welcome food and drinks, AM / PM snack, and Lunch
  • Digital course materials (e-Tablet)
  • Course completion certificates
  • Designing and administration of Pre-& Post Course Assessments
  • Preparation of participant’s Performance and Appraisal Report, if required
  • Issuance of Letter of Invitation for delegates needed visa processing, if required
Online
  • Tuition fee for a 5-day online training course
  • Provision of a world-class subject matter expert to deliver this training through live/virtual delivery
  • An electronic copy of the training manual and relevant hand-outs
  • Issuance of The Energy Training Centre e-Certificate of Completion
  • Administration of Pre-& Post Workshop Assessments
  • Link access of online platform acceptable to both parties

Certainly, we do provide corporate rates tailored for organizations seeking to enrol multiple employees in our training programs. To facilitate this, we encourage you to make a formal request via email addressed to info@energytraining.ae. We’ll be delighted to discuss and offer a suitable arrangement for your corporate needs.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at info@energytraining.ae

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 receipt of your registration details sent via email at reg@energytraining.ae, we will send you the following by e-mail within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

 If you register online, you will receive an e-mail on the same day confirming your registration.

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 info@energytraining.ae. Our team will guide you through the registration process and provide assistance you may need.

Yes, we do allow registration transfers in the event that you are unable to attend the training course. To initiate a transfer, please send us an official email requesting the change. We’ll guide you through the transfer process and ensure a smooth transition of your registration to another eligible participant.

Our training course sessions are scheduled and posted on our website for your convenience. However, we understand that there may be specific requirement for your group. If you have a preferred venue and specific training dates in mind, please feel free to propose them to us by clicking on the button “Propose you preferred location & date” of your preferred training course.

Our course timings slightly vary between the cities we offer our training courses. Please let us know of your preferred course and session (dates/venue) through email at info@energytraining.ae. Alternatively, you may call/WhatsApp us at +971 50 746 0956.

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 suggested 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 programmes are designed to be concise yet comprehensive, focusing on professional development. The duration varies based on the specific course content and objectives – we normally offer programmes between 5 – 10 days. However, our emphasis lies in delivering interactive and engaging sessions that prioritize depth of learning within a condensed timeframe. This approach ensures participants acquire substantial knowledge and skills efficiently.

We have been assessed by TUV Rheinland Middle East FZE and comply with Quality Management System standards – ISO 9001:2015 and ISO 29993:2017, ensuring a commitment to quality and excellence in our operations and services.

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, Energy Training Centre is an ILM Recognised Provider (ID# 002398B), authorized to register learners and offer training courses recognized by ILM. Participants seeking ILM Recognised Certification would need to complete an assessment post the ILM Recognised courses. ILM is a renowned provider of leadership and management qualifications, part of the City and Guilds Group. Additionally, our company is a CPD Certified Training Company, ensuring our commitment to continuous professional development standards.

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