Description
Course Length: 5 days
Course Description
Introduction Value Chain will entail taking the delegates from exploration, discovery, production and accounting in Oil and Gas and also Understanding the key drivers in the industry. This workshop provides an introduction
to all aspects of the extractives supply chain, from exploration and development of hydrocarbon resources to supplying end-users. The emphasis is on identifying opportunities and strategies for value creation within the industry, including infrastructure investment, physical supply chain operations and commercial trading activities. The course explores physical supply chain processes including extractives production, gas processing, shipping and pipeline transportation of oil, gas and LNG, storage and retail distribution. It also considers the commercial and regulatory arrangements for extractives trading and end-user supply.
Who should Attend
The course is suitable for anyone who wants to gain a greater understanding of the extractives markets including new entrants to the industry, as well as existing market participants who want to broaden their market knowledge. It could also appeal to individuals in the service side of the industry (financial, software, consulting etc.)
- Commercial Managers
- Public and community relations executives
- Marketing and sales managers
- HR managers
- HSE personnel
- Tax and accounting personnel
- Legal managers
- Strategists and planners
- Bankers and insurance personnel
- Investors
- New executives to the industry
- Government Officials
What you will Learn
- The main value creation steps from exploration to end-user products (Mining & Oil& Gas)
- Upstream, midstream and downstream sectors
- Geographical distribution of resources
- Main consumption markets
- Industry and market participants
- Important industry trends
- Opportunities
Course Outline
Upstream sector
- Origins of extractives
- Physical and chemical quality characteristics of extractives
- Conventional and unconventional oil and gas resources
- Obtaining commercial access to resources
- Creating value by locating oil and gas reservoirs
- Creating value by turning resources into bookable reserves
- Basics of oil and gas production
- Enhancing the value of mature resources
- Arrangements for sharing of risk, investment and rewards
- Roles of national oil companies and independent oil companies
Midstream sector
- Marine transportation of oil
- Pipeline and other oil transportation modes
- Oil storage logistics
- Creating value by getting gas to market
- Fundamentals of LNG production and transportation
- Gas pipeline operations
- Gas storage facilities
- Creating value through the use of transport and storage
- Wholesale trading of crude oil, LNG and natural gas
Downstream sector
- Refining processes and the main petroleum products
- Economics of refinery operations
- lending and storage of refined products
- Biofuels and additives
- Regulation of end-user markets
- Retail and wholesale marketing of transport fuels
- Retail and wholesale marketing of natural gas
- Lubricants, asphalt and other specialty oil products
- Overview of petrochemicals markets
- Trading of refined product