A Highly Interactive Training Course On

The Houston 10-Day Mini MBA in the Oil & Gas Industry™

Energy Transition & Challenges of a Low Carbon Future

The Houston 10-Day Mini MBA in the Oil & Gas Industry™
Course Schedule

CLASSROOM

30 Jun-11 Jul 2025
Houston
$13,900
15-26 Sep 2025
Houston
$13,900
01-12 Dec 2025
Houston
$13,900
02-13 Feb 2026
Houston
$13,900
Certificate
  • Coventry Academy Certificate of Completion for delegates who attend and complete the training course

Training Overview

Training Overview

Oil, gas, and coal are fundamental to the global energy landscape, driving many aspects of modern life from energy to healthcare. This 10-day accelerated mini-MBA course delves into the complexities of energy price fluctuations, focusing on managing inherent risks in the oil and gas industry.

Participants will gain a comprehensive understanding of the oil and gas value chain, from extraction and processing to distribution and retailing. The course explores the organizational dynamics within the industry and the impact of geopolitics on energy prices. You’ll learn about historical and current market fluctuations, including the role of OPEC, the influence of U.S. shale oil, and the link between natural gas and oil prices.

Course Highlights:

  • Detailed exploration of the oil and gas value chain
  • Insights into industry organization and operational efficiency
  • Analysis of geopolitical influences and major industry challenges
  • Strategies for addressing key issues and evaluating industry risks
  • Skills for effective decision-making and negotiating environmental challenges
  • Preparation for the transition to a low-carbon economy

What are the goals?

By the end of this Coventry Academy training course, participants will be able to:

  • Analyze and examine the nature and challenges facing the oil and gas industry
  • Understand the key players and commercial drivers
  • Examine the complete value chain of the oil & gas industry structure
  • Grasp relevant economic, technological, environmental, legal and social trends
  • Understand framing agreements including joint ventures and product sharing contracts
  • Examine the importance of effective project planning and execution including risk management
  • Understand the economics and drivers of the oil & gas industries
  • Build cash flow analyses for various upstream oil & gas projects as well as downstream LNG production facilities and Refineries
  • Conduct project appraisal and risk assessments for this unique energy industry
  • Comprehend the environmental issues and challenges of the fossil fuel industry
  • Strategize the future direction by utilizing the natural gas as the main transition fuel
  • Grasp how ESG Environmental, Social, and Governance, is attempting to shape the future of the fossil fuel industry and how it fits withing globalization

Who is this Training Course for?

This Coventry Academy training course is suitable to a wide range of professionals but will greatly benefit:

  • Planners and Investment analysts
  • Strategists and Economists
  • New entrants to the Oil & Gas industry
  • Oil and Gas professionals:
    • Engineers
    • 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

How will this Training Course be Presented?

This Coventry Academy training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes expert input, videos, case studies and class exercises.

The Course Content

Day One: Origin and Nature of Petroleum
  • The oil and gas Industry
  • Fundamentals of organic chemistry
  • Definition of Petroleum
  • Origins of Hydrocarbon Deposits
  • Basic petroleum geology
  • Types of Well
  • Exploration Methods/ activities
Day Two: Hydrocarbon Production Operations
  • Oil and gas field development
  • Oil & Gas Production
  • Surface treatment and storage
  • Enhanced oil recovery
  • Logistics of Oil & Gas – Transportation and Storage
  • World’s Trade Flows
  • Transportation Agreements
Day Three: Oil Companies, Corporate Relationships and Structures
  • National and multi-national oil and gas companies
  • Operating companies and service companies
  • Major International Oil Companies
  • Integrated and non-integrated companies
  • The Energy Information Administration (EIA) and the International Energy Agency (IEA)
  • Organization of Petroleum Exporting Companies (OPEC)
Day Four: Global Energy Markets & Pricing
  • History of oil prices and how the benchmarks evolved
  • The components of the oil price
  • Benchmarks / Formula Price
  • Price reporting agencies and their roles
  • Gas Pricing and evolution of Gas spot pricing
  • Commercial Structures and Fiscal agreements
  • Production sharing agreements
  • Concessions
  • Tax and Royalty
  • Farmout Agreement
Day Five: Oil & Gas Processing Operations
  • Oil refining operations
  • Refinery complexity and benchmarking
  • Refining processes
    • Distillation
    • Product improvement processes
    • Product conversion processes
  • Petrochemical Basics
  • Benefits of Integrating Refining & Petrochemicals
Day Six: Gas Processing Operations and Economics
  • Gas processing operations
    • Inlet separation
    • Sulfur removal and sulfur recovery
    • Mercury removal and nitrogen rejection
    • Dehydration and Dewpoint control
  • NGL recovery
  • Production of Liquified Natural gas - LNG
  • Basic economics and cost of gas production facilities including LNG production
Day Seven: Evaluation of Oil and Gas Opportunities
  • Estimating the cost of oil and gas facilities
  • Using historical costs
  • Cost curves
  • Adjusting for different sizes
  • Adjusting for different time periods
  • Estimating the cost of building a refinery (Case study/ Exercise)
Day Eight: Evaluation of Oil and Gas Opportunities
  • Building cashflow models to evaluate projects
  • Key Performance indicators
    • Net present value
    • Internal rate of return
    • Profitability indices
    • Unit Technical cost
    • Payback
  • Effect of Project Delay
Day Nine: Petroleum Project Economics and Risk Analysis
  • Geopolitics of oil & gas
  • Risk and Uncertainty
  • Risk and opportunity analysis
  • Derivatives and Hedging
  • The role of probability in decisions
  • Decision Tree Analysis
  • Sensitivity Analysis
Day Ten: Environment & Sustainability – Transition to a Low Carbon economy
  • Sustainable energy: myths and realities
  • Environmental issues and challenges facing the fossil fuel industry
  • Transition to a Low-Carbon Economy
  • ESG - Environmental, Social, and Governance and the WEF
  • The essence of International Oil Supply – Global Reserves, Production & Trade
  • The Future of the industry
  • Course Summary and close

Providers and Associations

Anderson
Anderson
Aztech Training
Aztech Training