Type here to search

A highly interactive training course on

Essential Skills for Oil and Gas Professionals

Oil & Gas Management Competencies
Coventry Academy - Essential Skills for Oil and Gas Professionals
5
Days

Course Schedules

 Dubai
 24-28 Feb 2025
 $5,950
 Cairo
 01-05 Jun 2025
 $5,950
 Dubai
 08-12 Sep 2025
 $5,950
 Dubai
 24-28 Nov 2025
 $5,950

Training course overview

The Oil & Gas industry is currently experiencing transformative changes, driven by increased oil production alongside a decrease in demand. Sustained low oil prices are reshaping the geopolitical landscape, prompting the need for innovative business models. The shale oil and gas revolution has led to numerous mergers within international oil companies across both upstream and downstream sectors. As global demand for petroleum products hits record levels, the complexities facing the Oil & Gas industry continue to escalate.

This training course equips participants with essential skills to develop a proactive understanding of the oil and gas sector, along with the competencies necessary to navigate its evolving challenges.

What are the goals?

By the end of this Coventry Academy 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

Who is this training course for?

This Coventry Academy 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

How will this training course be presented?

This training course will be highly participatory and your seminar 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.

Course Outline

Day One: The Oil and Gas Industry Commercial Drivers - Overview
  • 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
Day Two: Oil and Gas Exploration and Production Arrangements
  • 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
Day Three: Oil and gas Project Economics,Cost & Estimation
  • 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
Day Four: Risk Management Application
  • 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
Day Five: Oil and Gas Capstone Case Study
  • Case study – 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

The certificate

  • Coventry Academy Certificate of Completion for delegates who attend and complete the training course

Coventry Academy
Typically replies within an hour

Florence
Hi there 👋
My name is Florence. Please tell me how I can assist you..
1:40
×