Essential Skills for Oil & Gas Managers & Supervisors

Objectives

• Get 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
• Evaluate the primary uses of Oil and Gas and its significance within the global energy industry
• Understand the objectives, functions and commercial relationships between companies and organizations from the upstream through to the downstream Oil and Gas supply chain
• 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
• Provide alternative approaches to the process of negotiating successfully

Outline

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
• Exploratory Drilling & Testing the Well
• Casing Cementing and Completing the Well
• Estimation of Reserves
• Enhanced Oil Recovery
• Surface Treatment and Storage
Production, Transportation and Distribution
• Development of Oil and Gas Fields
• Storage & Tank Farms
• Pipelines and Tankers
• Geopolitics and World Energy Markets
• OPEC and the Future Role of a Cartel
• Need for Collaboration between NOC’s and IOC’s
• Oil & Gas Contracts, Joint Ventures and Fiscal Regimes
Introduction to Petroleum Industry Economics
• World Petroleum Consumption, Supply, Prices and Prospects for the Future
• The Refining Process & Complexity
• Refining Margins and Profitability
• Sales and Marketing of Petroleum Products
• Carbon Capture and Environmental Issues
• Introduction to Energy Finance and Economics
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)
• Internal Rate of Return (IRR)
• Hurdle Rates and Minimum Acceptable Rates of Return
• Introduction to Energy Risk Management
• Risks in Trading Energy Commodities
• Risk and Opportunity Analysis
• The Non-linearity and Complexity of Uncertainty
The Evolution of a Safety Culture
• Culture and Safety
• Leadership and Teamwork
• Active Listening and Nonverbal Communication
• Leadership, Communication and Barriers to Communication
• Presentation Skills
• Thinking Creatively
• Coping with Criticism
• BATNA Best Alternative to a Negotiated Agreement
• Dealing with Aggressors and Conflict

Who Should Attend ?

All Leaders, Managers and Professionals in Oil & Gas
Earth Scientists, Geologists, Geophysicists and Engineers
Safety Managers, and Senior Technicians
Investment Bankers and Fund Managers
Media Analysts and Commentators
Exploration, Production and Refinery Managers
Marketing, Law, Human Resources, Accounting, and Finance Personnel
Anyone requiring a broad understanding of the Structure, Operations and Economics of the Oil & Gas Industries