Essential Skills for Oil and Gas Professionals

Introduction
This 5-day training course, Essential Skills for Oil & Gas Managers & Supervisors, is designed to provide essential knowledge and skills of the Oil and Gas sector from the managers and supervisors viewpoint for employees who are working in the field. It will provide the opportunity to study the Oil and Gas business from the perspective of the entire value chain, analyze Oil and Gas management strategies of major organizations and discover the unique business issues of today’s energy marketplace. As the Oil and Gas industry impacts organizations, and societies worldwide, it is important to learn how to position oneself for success in this competitive industry

Objectives
Upon successful completion of this training course, delegates will be able to:

• Have an overview of the Global Oil and Gas Industry, from discovery to production through to consumption
• Understand the Geopolitics of Oil and Gas and the Major challenges facing the energy industry
• Gain an overview of Refining processes and their impact on refining profitability
• Evaluate the primary uses of Oil and Gas and their significance within the global energy industry
• Understand the objectives, functions and commercial relationships between national oil companies and international organizations
• Evaluate organizations with a positive safety culture that are characterized by communications founded on mutual trust, by shared perceptions of the importance of safety and by confidence in the efficacy of preventative measures
• Gain and enhance good negotiating skills which are essential to the smooth running of the business
• Understand alternative approaches to the process of negotiating successfully

Course Outline
Day 1

• The Nature and Formation of Fossil Fuels and Oil Reserves
• Petroleum & Natural Gas Composition, Classification and Properties
• Generation, Migration and Accumulation of Petroleum
• Trapping Mechanisms and Seismic Surveys
• Estimation of Reserves
Day 2
• Production, Transportation and Distribution
• Development of Oil and Gas Fields
• Storage & Tank Farms
• Pipelines and Tankers
• Need for Collaboration between NOC’s and IOC’s
• Oil & Gas Contracts, Joint Ventures and Fiscal Regimes
Day 3
• Introduction to Petroleum Industry Economics
• World Petroleum Consumption, Supply, Prices and Prospects for the Future
• The Refining Process & Complexity
• Sales and Marketing of Petroleum Products
• Introduction to Energy Finance and Economics
Day 4
• Financial and Energy Risk Management
• Discounted Cash Flow (DCF) and Time-value Considerations
• Inflation and Time Value of Money
• Apply the Present Value and Future Value Formulae (NPV)
• Risk and Opportunity Analysis
• The Non-linearity and Complexity of Uncertainty
Day 5
• The Evolution of a Safety Culture
• Culture and Safety
• Leadership and Teamwork
• Leadership, Communication and Barriers to Communication
• Dealing with Aggressors and Conflict
• Course Summary and Roundup