Cairo From 4-8/8/2024

COURSE DESCRIPTION:

In the oil and gas industry, the supply chain from start to finish includes upstream operations, midstream operations and downstream operations.

The upstream operations basically consist of searching for, finding, and extracting oil from underground deposits. The oil exploration and drilling industry is involved in upstream operations.

Midstream operations are a key part of the oil and gas industry, as transporting the oil extracted from wells to refineries and storing it, where it is processed into the various oil by-products and end products, is typically a complicated and expensive process. The midstream part of the industry includes such things as oil pipelines and oceangoing oil tankers.

The final downstream operations are part of the supply chain process where the oil is refined, processed, and converted into a myriad of products, including gasoline, heating oil, and jet fuel. The downstream operations extend to, first, the wholesalers who purchase such products, and second, to the ultimate end-users or consumers.

This training seminar includes petroleum refining processes and their integration with petrochemicals to significantly improve return on investments and add process efficiencies. Furthermore, combining business strategies of Upstream with Downstream to reduce corporate risk exposure due to crude oil price volatility, environmental and climatic control regulations. Balancing this huge corporate price-risk would make your company more profitable and competitive. The analytics insights presented here will provide decision makers with the key facts and information they require to future-proof their business models.

Participants will learn how to analyze and manage risks associated with exploration, production, and investment activities and conduct financial analysis to evaluate the profitability of different projects.

The training course will also include case studies and practical exercises to ensure participants can apply the concepts learned in real-world situations.

WHO SHOULD ATTEND?

• Project Managers: Project managers involved in upstream oil and gas projects who are responsible for managing project budgets, timelines, and risks.
• Exploration and Production Professionals: Exploration and production professionals, including geologists, reservoir engineers, and production engineers, must understand the financial implications of their decisions and activities.
• Government Regulators: Government regulators overseeing the upstream oil and gas industry need to understand the fiscal and economic impact of their policies and regulations.
• Instructors and Investment Professionals: Investment professionals involved in upstream oil and gas investments, including private equity investors, venture capitalists.
• Corporate Planning Professionals
• Geoscience & Engineering Professionals
• Refinery Professionals
• Supply Planners & Scheduling Professionals

COURSE OBJECTIVES:

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

• Analyze and manage risks associated with upstream oil and gas operations, including exploration, production, and investment activities.
• Apply the concepts learned in real-world situations by analyzing case studies and participating in practical exercises.
• Communicate effectively with other teams and organizational stakeholders, using a common language.
• Understand all the basics of Downstream oil & gas processes and operations
• Be cognizant of the current changes in the Downstream business
• Understand the strategies in a refinery, refined products sales & marketing   
• Maximize the profitability of refinery operations    
• The integration of refinery and petrochemicals to improve Net Return
• Master Downstream profitability drivers

Training Methodology:

The training will utilize the following training methods:

·      Customization according to the participant’s professional and academic backgrounds

·      Interactive workshops

·      Lectures by contract specialists as well as hands-on activities

·      Use of relevant case studies, practical exercises and business examples

·      Roleplays and scenario building

·      Problem-solving sessions

·      Interactive discussions

This training follows the “Do-Review-Learn-Apply” format, just like all of our other courses.

Course Outline:

DAY 1:

• Risk Management in Upstream Petroleum
• Understanding risk and uncertainty
• Types of Risks in upstream oil and gas operations
• Risk management strategies and tools

DAY 2:

• Overview of fiscal systems in the Oil and gas industry
• Key financial metrics for evaluating upstream projects
• Fiscal Analysis Techniques for Decision-making
• Broad Perspective of Petroleum Refining, and Sales & Marketing of Refined Products

DAY 3:

• Introduction to the Downstream Oil and Gas Industry
• Definitions of Key Terms
• The Major International Industry Participant
• Specific Downstream Agreements (Introduction)
• Global and Regional Supplies; and Trade Routes of Oil, LNG and Refined Products

DAY 4:

• Basic Principles in Pricing, Oil Supply-Demand Balance, and its Impact on Prices
• Fundamentals of All Transportation – Pipelines, FLNG, VLCC’s, Tankers and Chartering
• Refinery Optimization and Refinery Economics  

DAY 5

• Petrochemicals and its Integration with Refining that Results in Improved Profitability
• Downstream Markets Structures and Trading
• Oil Market Derivatives – Futures, Forwards, Swaps, Option
• Managing Risk and Maximizing Downstream Profits
• Challenges to Petroleum Industry and Trends in New Technology

• Course Fees: 3600 US$ per each participant