Passionately developing careers since 1958.
Meirc LMS
Back
Core Competencies for Oil and Gas Professionals

Core Competencies for Oil and Gas Professionals

Why Attend

This course provides participants with a holistic and integrated overview of the oil and gas Industry. Delegates will learn the salient features of the oil and gas sector's upstream, midstream, and downstream. The course will highlight the fiscal regimes prevailing in the petroleum sector and assist participants in understanding the world oil markets and determinants of oil pricing. Finally, the course will cover oil and gas project economics and the inherent health, safety, and environmental issues in the oil and gas sector.

Quick Enquiry Call Me Back
Quick Enquiry Call Me Back
Overview
Course Methodology

The instructional format capitalizes on a careful balance of formal presentations by the course leader and individual and group exercises. The course also features several case studies followed by plenary discussions.

Course Objectives

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

  • Achieve a comprehensive understanding of the oil and gas industry
  • Recognize the elements of oil and gas upstream    
  • Develop an understanding of oil and gas logistics and world oil markets
  • Acquire knowledge of economic considerations of oil and gas projects 
  • Appreciate the risks and safety factors in the oil and gas sector 
Target Audience

Project Managers, Planning Managers, Financial Managers, Procurement Managers, Business Development Managers, Enterprise Risk Managers, Operations and Maintenance Engineers, and individuals keen on gaining insight into the oil and gas business.    

Target Competencies
  • Identifying hazards
  • Planning
  • Mitigating risks
  • Analyzing
  • Working in teams
  • Leading cultural change
Course Outline
  • Overview of the oil and gas industry 
    • Oil and gas industry in perspective
    • Petroleum life cycle
    • Hydrocarbon classification
    • Oil and gas value chain
    • Upstream, midstream, and downstream
  • Oil and gas upstream
    • Basic petroleum geology
    • Exploration and seismic operations
    • 2D and 3D seismic data acquisition
    • Appraisal and development
    • Drilling and production operations
    • Well completion and oil and gas reserves 
  • Oil and gas logistics and world oil markets
    • Oil and gas midstream
    • Storage tanks and tank farms
    • Oil and gas and LNG transportation
    • Pipeline transportation
    • World oil markets
    • Different crudes and their characteristics
  • Oil and gas projects economics   
    • Oil and gas project life cycle
    • Project Management Office (PMO)
    • Responsibility matrix
    • Revenue streams and Net Present Value (NPV)
    • Timeline for the first gas/first oil
    • Payback Period (PP) and cost of capital
  • Risk management and safety leadership
    • Risks and hazards in the oil and gas industry
    • Prioritising risks
    • Risk impact/probability matrix
    • Health, safety, and environmental issues in oil and gas sector
    • Barriers to cultural change
    • Challenges for the oil and gas industry
Schedule & Fees

2024 Schedule & Fees

Location & Date
19 - 23 May, 2024
Dubai
English
Venue to be assigned
15 - 19 Dec, 2024
Dubai
English
Venue to be assigned
Fees
Per participant

USD 5200

Fees + VAT as applicable

(including coffee breaks and a buffet lunch daily)

Discount Plans & Cancellations Policy

Meirc reserves the right to alter dates, content, venue, trainer, and to offer courses in an integrated virtual learning (IVL) format whereby face to face classroom participants and virtual learners participate simultaneously in the same course in an interactive learning experience.

Tax Registration Number: 100239834300003

HAVE A QUESTION?
+971 4 556 7211
+971 56 177 0877
+966 56 918 5532
[email protected]
Rim will help you find what you are looking for.