CERTIFIED INTERNATIONAL PETROLEUM BUSINESS PROFESSIONAL

NAME OF THE COURSE
CERTIFIED INTERNATIONAL PETROLEUM BUSINESS PROFESSIONAL
 
CERTIFICATION
CERTIFIED INTERNATIONAL PETROLEUM BUSINESS PROFESSIONAL
 
COURSE OVERVIEW
This program is designed for individuals from many different backgrounds within the international petroleum industry, including lawyers, accountants, HR, IT specialists, marketing, and others, who seek a broad introduction to the international petroleum industry. This unique program has a  lecture/workshop format. During the lectures, participants learn about the
business aspects of the industry from recognized experts. During the workshop sessions, participants, working in teams, make the real-life technical and financial decisions that confront managers in the petroleum industry today. The workshop focuses on developing essential technical, financial and business knowledge of all sectors of the international petroleum industry, with additional emphasis placed on effective teamwork, decision-making abilities, and presentation skills. This careful balance of
 
TRAINING DURATION
Total Training Hours : 10-14 Hours
Training Duration      : 2 Days
Total Training  Days  : 1-2 Working Days
 
TRAINING SCHEDULE
Weekdays (Sunday to Thursday)
Regular Sessions : 4 – 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm)
Food & refreshments Included
Weekends (Friday & Saturday)
Fast Track Sessions: 8 Hours per day (9am to 5pm)
Food & refreshments Included
 
CERTIFICATION
Globally recognized certificate from “Kings Global Career Academy”
 
TEST
No
 
LEARNING AIDS
Yes
 
COURSE MATERIAL
Hard & Soft Copies of Study Material
 
LANGUAGE OF INSTRUCTION
English
 
INSTRUCTOR HELPLINE
Yes
1. Email
2. Social Media (For Emergency requirements)
 
REGISTRATION REQUIREMENTS
1. Passport Copy
2. Curriculum Vitae
3. Passport size photographs
4. Course Fee
 
MODE OF PAYMENT
Cash / Cheque / Credit Card / Bank Transfer.
 
ELIGIBILITY CRITERIA
Business Development Managers
Corporate Planning Professionals
Geoscience & Engineering Professionals
Refinery Professionals
Supply Planners & Scheduling Professionals
Government Regulators
Law Professionals
Tax & Finance Advisors
Auditing Personnel
Compliance Officers
Equity Analyst and Bankers
Joint Venture Officers
Negotiators and Contracting Professionals
Trading Professionals
 
COURSE BENEFITS
  • The basics of oil and gas exploration, production, and its recovery economics to fully understand this global business that fuels the global economy
  • The essential concepts and business practices of the international oil supply, transportation, refining, and trade in the oil and gas industry
  • Fundamentals of oil economics and of crude oil transportation
  • Basic Refinery operations, economics and the environmental aspects
  • Basic Principles in crude oil pricing and overview of crude oil and refined products markets
  • Essential elements in crude oil and refined products sales contracts
  • Supply logistics – major international pipelines, shipping routes, and chokepoints
  • It seamlessly covers the wide array of critical business functions, processes, and appropriately deals with the business practices and tactics to build the necessary business acumen in the completive and low price environment
 
COURSE CONTENTS
 
Sources, Origin and Nature of Petroleum
 
  • Introduction
  • Industry overview
  • Chemistry of fossil fuels
  • Origins of hydrocarbon deposits
  • Basic petroleum geology
  • Exploration methods & activities
 
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
 
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 the ultimate recovery of oil
 
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 

 
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 
 
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
 
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 
 
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 
 
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
  • Bottlenecks and Chokepoints 
 
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