Strategic Management in the Oil and Gas Business

Course Code: OG7
Category: Oil and Gas
Dates, Venues & Fees:
May 31-Jun 11| London | $6,500.00
Aug 24-Sep 04| New York | $6,980.00
Nov 30-Dec 11| Dubai | $6,200.00
Duration: Two Weeks

Course Overview

The Strategic Management in the Oil and Gas Business course aims to provide delegates with an understanding of the processes, drivers, threats and opportunities related to the management of the energy and hydrocarbon industry. Delegates will explore the economics of the oil and gas value chain as well as the management tools and skills used in the industry. The course prepares the delegate to be ready for additional responsibilities by providing a broad base of knowledge covering the entire spectrum of the oil and gas business and the specific skills related to the evaluation of opportunities and enhanced decision making.

Target Audience

This course on Strategic Management in the Oil and Gas Business will greatly benefit:

• Petroleum Resource Managers 
• Process and Marine Engineers 
• Economics and Commercial Analysts 
• Risk Managers 
• Contract and Legal Officers 
• Strategic Planners 
• Finance Professionals  
• Information Managers

Course Outcomes

By the end of this course, delegates will gain knowledge and skills to:

• Understand the economic, market, physical, environmental and political forces driving energy demand, supply and prices
• Identify the key concepts associated with oil and gas exploration, drilling, production, handling, and processing 
• Gain understanding of how oil and gas industries are organized to operate effectively and efficiently
• Appreciate the fundamental management tools and decision processes in the international oil and gas industry
• Familiarize with the key links and terms of the oil and gas industry, from exploration well to the final product 
• Identify the intended and economically viable segments of the oil and gas industry 
• Strategically gain competitive advantage through effective management practices and leadership skills 

Key Course Highlights

• Sources, origin and nature of petroleum 

• Oil companies, corporate relationships and structures

• Processing operations and economics

• Evaluation of oil and gas opportunities 

• International oil economics

• Upstream economics

• Natural gas economics 

• Oil and gas transportation and the international petroleum markets

• Refining economics and petrochemicals 

• Project economics and decision analysis tools