Understanding Success Factors in The Oil and Gas Industry

Start Date End Date Venue Fees (US $)
06 Sept 2026 Kuala Lumpur, Malaysia $ 4,500 Register
29 Nov 2026 Dubai, UAE $ 3,900 Register

Understanding Success Factors in The Oil and Gas Industry

Introduction

Today’s multinational, International Oil Companies (IOC’s) and National Oil Companies (NOC’s), both upstream and downstream of the oil and gas supply chain, are facing many challenges from the current economic climate. The recent volatility of crude oil and natural gas prices has resulted in companies reinventing them and abandoning the traditional strategic planning exercises. This highly participative training course is designed to provide a broad understanding of the issues facing the international oil & gas industries and the necessary skills and knowledge to effectively identify and tackle these issues. In addition, the training course will also provide the necessary skills and knowledge to prepare the attendees for more senior responsibilities within their organizations. Delegates will gain the knowledge and business acumen in the following key areas:

  • A clear understanding of the oil and gas supply chain
  • Issues related to the global energy supply
  • Energy trading contracts and fiscal systems
  • The oil & gas industry’s future prospects for forward planning Oil & Gas Sector strategic analysis

Objectives

    By the end of the course, participants will be able to:

    • Gain a broad understanding of the petroleum industry and the companies that make up this industry
    • Learn about the important issues facing our industry and strategies used to address these issues
    • Gain specific skills in strategic planning, setting goals, budgeting, and finance
    • Understand the management and allocation of resources (money, time, people, tools, and technology)
    • Develop an understanding of the derivatives markets and an awareness of hedging risk
    • Understand and compare international fiscal systems
    • Learn about the geopolitical issues surrounding global oil & gas supply and transportation

Training Methodology

This is an interactive course. There will be open question and answer sessions, regular group exercises and activities, videos, case studies, and presentations on best practices. Participants will have the opportunity to share with the facilitator and other participants what works well and not so well for them, as well as work on issues from their own organizations. The course is conducted online using MS-Teams/ClickMeeting.

Who Should Attend?

Contracting Consultants the Understanding Success Factors in the Oil & Gas Industry training course will also be useful to personnel in leadership roles that need to improve their leadership presence and learn more about strategic planning in the oil & gas industry.

  • Business Development Professionals
  • Corporate Planning Professionals
  • Geoscience and Engineering Specialists
  • Refinery Professionals
  • Supply Planners and Scheduling Professionals

Course Outline

Day 1: Overview of the Oil & Gas Industry

  • Origins and formation of fossil fuels
  • Chemistry and characteristics of petroleum
  • Exploration for oil & gas
  • Oil & Gas production
  • Global oil supply and reserves
  • Reserves, estimation, and evaluation​

Day 2: The Supply Chain

  • The Oil and Gas supply chain
  • Logistics – Transportation and Storage
  • Adding Value – Refining
  • Refined product, specifications
  • Natural Gas processing
  • Sales and marketing of refined products and Natural Gas​

Day 3: Energy Trading and Economics

  • Oil & gas economics
  • Energy trading and commodities
  • Crude oil production and lifting costs
  • Crude Oil pricing regimes and strategies
  • Trading (I) – Real and liquid markets
  • Trading (II) – Derivatives, futures, options, and swaps​

Day 4: The Future of Fossil Fuels

  • Petroleum – consumption, supply, and demand
  • Future prospects for the oil & gas industries
  • Peak oil – trends and consequences
  • Financial and energy risk management
  • Risk management and hedging
  • Risks for oil & gas companies​

Day 5: Strategic Analysis for the Oil & Gas Sector

  • IOC & NOC strategic interests and competitive advantage
  • Contracting strategies for the oil and gas industries
  • Strategic value analysis for competitive advantage
  • Strategic analysis for the oil & gas sector
  • Project appraisal from a strategic perspective
  • Geopolitical risks and opportunities

Accreditation

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