An Interactive 10-Day Training Course
The 10-Day Essential Skills for Oil & Gas Managers & Supervisors
Evaluate Key Management Strategies in the
Oil and Gas Value Chain
Course Overview
This Management & Leadership training course on The 10-Day Essential Skills for Oil & Gas Managers & Supervisors is designed to provide essential knowledge and skills of the oil and gas sector from the managers and supervisors of viewpoint who are working in the field. It will provide the students the opportunity to study the oil and gas business from the perspective of the entire value chain, to analyze oil and gas management strategies of major organizations and discover the unique business issues of today’s energy marketplace. As the oil and gas industry impacts organizations, and societies worldwide, it is important to learn how to position oneself for success in this competitive industry.
This Management & Leadership training course aims to provide an intellectually challenging academic course of study that will give the ability to analyze and evaluate key theoretical concepts and practical applications in issues of oil and gas management.
This GLOMACS Management & Leadership training course on Essential Skills for Oil & Gas Managers & Supervisors aims to impart a better comprehension of the oil and gas business value chain.
Modules
This training course is split into two modules:
Module I - Fundamental Concepts and Operational Overview of the Oil & Gas Industry
Module II - Advanced Management Strategies and Financial Acumen in the Oil & Gas Sector
Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
Training Outline
Module 1: Fundamental Concepts and Operational Overview of the Oil & Gas Industry
DAY 1: The Nature and Formation of Fossil Fuels and Oil Reserves
- The Nature and Formation of Fossil Fuels and Oil Reserves
- The Chemistry of Petroleum
- Characteristics of Fossil Fuels
- Assay and Properties
- Measurement and Characterization
- Where We Find Fossil Fuels
- Industries & Uses
DAY 2: Generation, Migration, Accumulation and Exploration of Petroleum
- Identification of Common Rocks and Minerals
- Ocean Environment and Plate Tectonics
- Traps and Trapping Mechanisms
- Geophysical & Geochemical Surveys
- Offshore Drilling and Production
- Exploratory Drilling & Testing The Well
- Casing and Cementing The Well
- Geologic Classification Types of Reservoir and Reservoir Drive Mechanisms
- Development of Oil and Gas Fields
- Estimation of Reserves
- Surface Treatment and Storage
- Enhanced Oil Recovery
DAY 3: Distribution Transmission and Transportation
- Geopolitics and World Energy Markets
- The Geopolitics of Oil Pipelines
- OPEC and The Future Role of a Cartel
- Overview of World Petroleum Consumption, Supply, and Prices
- Sustainable Energy: Myths and Realities
- The Global Oil and Gas Industry
- Petroleum: Composition, Classification and Properties
- Natural Gas: Composition, Classification and Properties
DAY 4: Transportation
- Pipelines
- Oil Tankers
- Storage
- Tank Farms
- Tank Farm Operations
- Commercial Relationships between Oil and Gas Production Companies and Downstream Marketer Organizations
DAY 5: Introduction to The Petroleum Industry
- The Market For Crude Oil
- The Price of Crude
- The Refining Process
- Product & Specifications
- Refinery Complexity
- Refining Margins and Profitability
- Sales and Marketing of Petroleum Products
- Petrochemicals
Module 2: Advanced Management Strategies and Financial Acumen in the Oil & Gas Sector
DAY 6:
- Petroleum Economics
- World Petroleum Consumption, Supply, and Prices, Prospects For The Future
- Energy Trading and Commodities
- Futures, Options, and Hedging
- A Brief History of Real Options
- Introduction to Energy Finance and Economics
- Developing and Financing Oil and Gas Projects
- Oil and Gas Accounting
- Discounted Cash Flow (DCF) and Time-value Considerations
- Apply The Present Value and Future Value Formulae (NPV)
- Inflation, Real, and Nominal (time value of money)
- Internal Rate of Return (IRR)
- Hurdle Rates and Minimum Acceptable Rates of Return
DAY 7: Contracts, Joint Ventures and Fiscal Regimes
- Need for Collaboration between NOC’s and IOC’s
- Oil & Gas Contracts & Types of Contracts
- Concession Agreements
- Production Sharing Agreement / Contract (PSA/PSC)
- Technical Service Contract / Agreement (TSA)
- Joint Venture and Service Agreements
- Similarities Among Fiscal Systems
- State Participation
- Signature Bonus
- Production Bonus
- Bidding For Leases
DAY 8: Financial and Energy Risk Management
- Introduction to Energy Risk Management
- Risk Management and Types of Risk
- Risks in Trading Energy Commodities
- Geopolitical Risks and Opportunities
- Risk and Opportunity Analysis
- The Non-linearity and Complexity of Uncertainty
- Carbon Capture and Environmental Issues
- The Future of the Global Oil and Gas Industry
DAY 9: The Evolution of a Safety Culture
- Culture and Safety
- Defining a Value System
- A New Management Safety System
- Leadership and Teamwork
- Understanding Why Employees Put Themselves at Risk
- Assessing the Organisational Culture
- Active Listening
- Nonverbal Behaviours of Communication
- Speaking Hints
- Communication and Leadership
- The Communication Process
- Barriers to Communication
- Presentation Skills
DAY 10: Successful Negotiation
- Steps in Negotiation
- Negotiating Fears
- Making Choices
- Thinking Creatively
- Coping with Criticism
- Approaches to Negotiation
- Negotiating Roles
- Creative Bargaining
- BATNA is an acronym that denotes the Best Alternative To a Negotiated Agreement Relational Influence and Power
- Negotiating with Integrity
- Dealing with Aggressors and Conflict
- Negotiating Globally
- Course Summary and Roundup
Certificates
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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