/  International Petroleum Management Training

International Petroleum Management Training

BMC Training provides a training course in International Petroleum Management in Oil and Gas Training

Course Title
Venue
Start Date
End Date
  • Kuala Lumpur
    14 - 10 - 2018
    25 - 10 - 2018
  • Istanbul
    7 - 10 - 2018
    18 - 10 - 2018
  • Muscat
    14 - 10 - 2018
    25 - 10 - 2018
  • London
    4 - 11 - 2018
    15 - 11 - 2018
  • Dubai
    18 - 11 - 2018
    29 - 11 - 2018
  • Paris
    4 - 11 - 2018
    15 - 11 - 2018
  • Kuala Lumpur
    2 - 12 - 2018
    13 - 12 - 2018
  • Istanbul
    23 - 12 - 2018
    3 - 1 - 2019
  • Muscat
    2 - 12 - 2018
    13 - 12 - 2018
  • London
    27 - 1 - 2019
    7 - 2 - 2019
  • Dubai
    6 - 1 - 2019
    17 - 1 - 2019
  • Paris
    27 - 1 - 2019
    7 - 2 - 2019
  • Kuala Lumpur
    10 - 2 - 2019
    21 - 2 - 2019
  • Istanbul
    3 - 2 - 2019
    14 - 2 - 2019
  • Muscat
    10 - 2 - 2019
    21 - 2 - 2019
  • London
    17 - 3 - 2019
    28 - 3 - 2019
  • Dubai
    24 - 3 - 2019
    4 - 4 - 2019
  • Paris
    17 - 3 - 2019
    28 - 3 - 2019
  • Kuala Lumpur
    7 - 4 - 2019
    18 - 4 - 2019
  • Istanbul
    28 - 4 - 2019
    9 - 5 - 2019
  • Muscat
    7 - 4 - 2019
    18 - 4 - 2019
  • London
    12 - 5 - 2019
    23 - 5 - 2019
  • Dubai
    19 - 5 - 2019
    30 - 5 - 2019
  • Paris
    12 - 5 - 2019
    23 - 5 - 2019
  • Kuala Lumpur
    23 - 6 - 2019
    4 - 7 - 2019
  • Istanbul
    2 - 6 - 2019
    13 - 6 - 2019
  • Muscat
    23 - 6 - 2019
    4 - 7 - 2019
  • London
    7 - 7 - 2019
    18 - 7 - 2019
  • Dubai
    28 - 7 - 2019
    8 - 8 - 2019
  • Paris
    7 - 7 - 2019
    18 - 7 - 2019
  • Kuala Lumpur
    18 - 8 - 2019
    29 - 8 - 2019
  • Istanbul
    11 - 8 - 2019
    22 - 8 - 2019
  • Muscat
    18 - 8 - 2019
    29 - 8 - 2019
  • London
    22 - 9 - 2019
    3 - 10 - 2019
  • Dubai
    1 - 9 - 2019
    12 - 9 - 2019
  • Paris
    22 - 9 - 2019
    3 - 10 - 2019

Objectives

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

Programme Outline

Day 1 

Sources, Origin and Nature of Petroleum

  • Introduction
  • Industry overview
  • Chemistry of fossil fuels
  • Origins of hydrocarbon deposits
  • Basic petroleum geology
  • Exploration methods & activities

 

Day 2

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
  • Case Study: Oil Reserves estimation

Day 3

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 4 -

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
  • Case study: Oil and gas field development economic evaluation

Day 5 -

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 6 -

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
  • Concession rentals
  • Unitisation agreements
  • Royalties
  • Profit tax
  • Corporate tax
  • Ring fencing
  • State participation
  • Signature bonus
  • Production bonus
  • Bidding for leases

Day 7 -

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 8 -

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
  • Case Study: Netback pricing calculation

Day 9 -

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 10 -

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
  • Course Summary

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