Decision Support Systems for Oil and Gas Projects

Course Info

Length: 1 Week

City: Kuala Lumpur

Type: In Classroom

Available Dates

  • July-08-2024

    Kuala Lumpur

  • Aug-12-2024

    Kuala Lumpur

  • Sep-09-2024

    Kuala Lumpur

  • Oct-14-2024

    Kuala Lumpur

  • Nov-11-2024

    Kuala Lumpur

  • Dec-09-2024

    Kuala Lumpur

Dates in Other Venues

  • June-17-2024

    Singapore

  • June-17-2024

    Paris

  • June-24-2024

    Barcelona

  • June-24-2024

    Dubai

  • July-01-2024

    London

  • July-01-2024

    Amsterdam

  • July-08-2024

    Istanbul

  • July-15-2024

    Singapore

  • July-15-2024

    Paris

  • July-22-2024

    Barcelona

  • July-29-2024

    Dubai

  • Aug-05-2024

    London

  • Aug-05-2024

    Amsterdam

  • Aug-12-2024

    Istanbul

  • Aug-19-2024

    Singapore

  • Aug-19-2024

    Paris

  • Aug-26-2024

    Barcelona

  • Aug-26-2024

    Dubai

  • Sep-02-2024

    Amsterdam

  • Sep-02-2024

    London

  • Sep-09-2024

    Istanbul

  • Sep-16-2024

    Singapore

  • Sep-16-2024

    Paris

  • Sep-23-2024

    Barcelona

  • Sep-30-2024

    Dubai

  • Oct-07-2024

    London

  • Oct-07-2024

    Amsterdam

  • Oct-14-2024

    Istanbul

  • Oct-21-2024

    Paris

  • Oct-21-2024

    Singapore

  • Oct-28-2024

    Barcelona

  • Oct-28-2024

    Dubai

  • Nov-04-2024

    London

  • Nov-04-2024

    Amsterdam

  • Nov-11-2024

    Istanbul

  • Nov-18-2024

    Singapore

  • Nov-18-2024

    Paris

  • Nov-25-2024

    Barcelona

  • Nov-25-2024

    Dubai

  • Dec-02-2024

    Amsterdam

  • Dec-02-2024

    London

  • Dec-09-2024

    Istanbul

  • Dec-16-2024

    Paris

  • Dec-16-2024

    Singapore

  • Dec-23-2024

    Barcelona

  • Dec-30-2024

    Dubai

Course Details

Course Outline

5 days course

Concepts of Project Management
 
  • Projects and Programmes
  • Project Life Cycles and Stage Gates

 

Intricacies of Project Approval in the Oil & Gas Industry
 
  • Project Sanctioning and approval Process. (PSAP) for the Oil & Gas Industry
  • Development of the Strategic Project Business Case
  • Project Identification–Awareness of accountability of Project Ideas
  • Exploration Survey & Drilling

 

Project Context in the Oil & Gas Industry
 
  • Appreciation of macro-environment in relation to project choice
  • Understand who stakeholders are and how they may impact upon the project
  • Regulatory framework, institutional factors and infrastructure

 

 Strategic decision making through the Project Life Cycle

 

  • Project Feasibility Decision makers
  • Project Preparation & Planning responsibilities

 

Project Leadership Skills

 

  • Build an executive leadership style that guides the project toward greater performance and profit
  • Understand the Project Organisation in a typical Oil & Gas project
  • Project Manager–Unique Requirements

 

Project financing and Financial Modelling for Oil & Gas projects

 

  • Project finance: Limited and non-recourse project finance
  • Structuring project finance deals
  • Financing/ credit risk considerations for the Oil & Gas project

 

Evaluation mathematics in project finance

 

  • The time value of money – how it applies to project finance
  • Yields and rate of return - Discounted Cash Flow (DCF) analysis

 

Identify reasons for Project failures and successes

 

  • Understand why some projects fail
  • Gain an understanding of successful projects and analyse reasons for success

 

Starting with the End in Mind

 

  • Define success criteria and KPI’s of an example Oil & Gas project
  • Capture Project Requirements
  • Development of the Project Charter

 

Project Management Integration
 
  • Understand the need for a project team approach
  • Importance of communication in an Oil & Gas project
  • Project Systems and Processes for procurement, award of contracts, workforce management
 
Project Stakeholder Engagement

 

  • Identify and plan to engage with the project’s key stakeholders
  • Centralised vs. Participatory Monitoring

 

 Project Reporting Techniques

 

  • Optimal Project Review Types and Intervals
  • Control Decision-making
  • Project Evaluation criteria

 

Preparing for Project Decommissioning

 

  • Decommissioning and rehabilitation considerations

Course Video