An Interactive 10-Day Training Course
The 10-Day International Oil & Gas Business Management
Effective and Efficient Operations from Wellhead to Consumer
Course Overview
Oil and Gas are considered among the world's most important resources. The Oil and Gas industry plays a critical role in driving the global economy. Petroleum itself is used for numerous products, in addition to serving as the world's primary fuel source. The processes and systems involved in producing and distributing Oil and Gas are highly complex, capital-intensive and require state-of-the-art technology.
Crude oil is almost never used as produced. It is refined to make “white” products—liquefied petroleum gas (cooking gas), gasoline, kerosene, and diesel—and residual fuel oil. Worldwide, demand for white products is growing much more rapidly than that for residual fuel oil (used to generate electricity or heat).
As the oil industry faces challenges related to climate change, alternative energies, energy substitutions and adverse changes in the quality of available downstream feedstocks, it recognizes the need for managers who have a comprehensive and broad understanding of the industry, including economics, evaluation and decision-making skills and who understand the issues that face the Oil and Gas industries in the future.
This 10-Day International Oil & Gas Business Management training seminar will provide a basis for functional managers and those whose experience has been limited to a particular area of the industry, to prepare for additional responsibilities by providing a broad base of knowledge covering the total spectrum of the Oil and Gas business and specific skills related to the evaluation of opportunities and enhanced decision-making.
Training Outline
DAY 1: Sources, Origin and Nature of Petroleum
- Fundamentals of Organic Chemistry
- Definition of Petroleum
- The Oil and Gas Industry
- Basic Petroleum Geology
- Origins of Hydrocarbon Deposits
- Exploration Activities
- Exploration Methods
- Drilling Proposal
- Types of Well
DAY 2: Oil Companies, Corporate Relationships and Structures
- Oil and Gas field Development
- Production
- Well Fluids and Surface Production Operations
- Transportation
DAY 3: Processing Operations and Economics
- Operating Companies and Service Companies
- Local, National and Multi-national Oil and Gas Companies
- Major International Oil Companies
- National Oil and Gas Companies
- Integrated and Non-integrated Companies
- Integrated Companies
- Non-integrated Companies
DAY 4: Evaluation of Oil and Gas Opportunities
- Organization of Petroleum Exporting Companies (OPEC)
- Other International and Multi-national Organizations
- International Energy Agency (IEA)
- Production Sharing Agreements
DAY 5: Making Decisions Under Conditions of Certainty and Uncertainty
- Oil Refining Operations
- Distillation
- Product Improvement Processes
- Product Conversion Processes
- Other Operations
DAY 6: Processing Operations and Economics
- Gas Processing Operations
- Inlet Separation
- Sulfur Removal and Sulfur Recovery
- Dehydration
- Dewpoint Control and Byproduct Recovery
- Gas Compression
- Basic Economics of the Oil and Gas Industries
DAY 7: Evaluation of Oil and Gas Opportunities
- Estimating the Cost of Oil and Gas Facilities
- Using Historical Costs
- Cost Curves
- Adjusting for Different Sizes
- Adjusting for Different Time Periods
DAY 8: Evaluation of Oil and Gas Opportunities
- Building Cashflow Models
- What is Financial Modeling?
- Who does Financial Modeling?
- What are the steps in building a financial model?
- Using Cashflow Models to Evaluate Projects
- Internal Rate of Return
- Net Present Value
- Benchmark Indicators
DAY 9: Making Decisions Under Conditions of Certainty and Uncertainty
- Certainty
- Risk
- Crisis Problem
- Uncertainty
- The Role of Probability in Decisions
- Mathematical Modeling of Business Processes
DAY 10: Making Decisions Under Conditions of Certainty and Uncertainty
- Making Management Decisions under Conditions of Certainty
- Optimization of the Model and Interpretation of Results
- Making Management Decisions under Conditions of Uncertainty
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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