International Petroleum Management

Course Info

Length: 2 Weeks

City: Kuala Lumpur

Type: In Classroom

Available Dates

  • July-01-2024

    Kuala Lumpur

  • Aug-05-2024

    Kuala Lumpur

  • Sep-02-2024

    Kuala Lumpur

  • Oct-07-2024

    Kuala Lumpur

  • Nov-04-2024

    Kuala Lumpur

  • Dec-02-2024

    Kuala Lumpur

Dates in Other Venues

  • July-01-2024

    Istanbul

  • July-08-2024

    Paris

  • July-08-2024

    Singapore

  • July-15-2024

    Amsterdam

  • July-15-2024

    London

  • July-22-2024

    Dubai

  • July-29-2024

    Barcelona

  • Aug-05-2024

    Istanbul

  • Aug-12-2024

    Singapore

  • Aug-12-2024

    Paris

  • Aug-19-2024

    London

  • Aug-19-2024

    Amsterdam

  • Aug-26-2024

    Dubai

  • Aug-26-2024

    Barcelona

  • Sep-02-2024

    Istanbul

  • Sep-09-2024

    Singapore

  • Sep-09-2024

    Paris

  • Sep-16-2024

    Amsterdam

  • Sep-16-2024

    London

  • Sep-23-2024

    Dubai

  • Sep-30-2024

    Barcelona

  • Oct-07-2024

    Istanbul

  • Oct-14-2024

    Singapore

  • Oct-14-2024

    Paris

  • Oct-21-2024

    London

  • Oct-21-2024

    Amsterdam

  • Oct-28-2024

    Barcelona

  • Oct-28-2024

    Dubai

  • Nov-04-2024

    Istanbul

  • Nov-11-2024

    Paris

  • Nov-11-2024

    Singapore

  • Nov-18-2024

    London

  • Nov-18-2024

    Amsterdam

  • Nov-25-2024

    Dubai

  • Nov-25-2024

    Barcelona

  • Dec-02-2024

    Istanbul

  • Dec-09-2024

    Paris

  • Dec-09-2024

    Singapore

  • Dec-16-2024

    Amsterdam

  • Dec-16-2024

    London

  • Dec-23-2024

    Dubai

  • Dec-30-2024

    Barcelona

  • Dec-30-2024

    Dubai

Course Details

Course Outline

10 days course

 

Sources, Origin and Nature of Petroleum
 
  • Introduction
  • Industry overview
  • Chemistry of fossil fuels
  • Origins of hydrocarbon deposits
  • Basic petroleum geology
  • Exploration methods & activities

 

Well Evaluations & Drilling Operations & Reservoir Management
 
  • Types of wells
  • Well Evaluations
  • Drilling Operations
  • Well Completions
  • Oil & Gas Reserve Estimates
  • Volumetric Calculations – Original Oil & Gas In-Place
  • Reservoir Depletion Mechanisms
  • Declining Curve Analyses
  • Case Study: Oil Reserves estimation

 

Conventional & Unconventional Production
 
  • Unconventional oil & gas
  • Shale Oil & Gas, Tight Gas, and Heavy Oil Recovery
  • Oil recovery methods
  • Primary, Secondary and Tertiary
  • Enhanced Oil Recovery Techniques
  • Reservoir Management – maximize ultimate recovery of oil

 

New Oil & Gas Field Development and Economic Evaluation
 
  • Typical Decision Yardsticks
  • Petroleum Economics Analysis:
  • Net Present Value
  • Internal Rate of Return
  • Profitability Index
  • Unit Tech Cost
  • Economic Limit
  • Case study: Oil and gas field development economic evaluation

 

Oil & Gas Contracts & Joint Ventures
 
  • Need for collaboration between parties – NOC’s and IOC’s
  • Alignment of interests
  • Oil & Gas Contracts
  • Types of Contracts
  • Concession agreements
  • Production Sharing Agreement/Contract (PSA/PSC)
  • Technical Service Contract/Agreement (TSA)
  • Joint Venture and Service agreements

 

Petroleum Fiscal Regimes

 

  • Comparison of fiscal regimes
  • Auction theory and methods
  • Similarities among fiscal systems
  • Accounting aspects of fiscal systems
  • Division of revenues and profits
  • Concession
  • Concession rentals
  • Unitisation agreements
  • Royalties
  • Profit tax
  • Corporate tax
  • Ring fencing
  • State participation
  • Signature bonus
  • Production bonus
  • Bidding for leases

 

The chemistry of petroleum and the refining processes
 
  • Crude and Product Quality
  • Crude oil refining operations
  • Crude Oil Fractions
  • Crude Oil Refinery Products & Processes
  • Refinery configurations – separation, conversion and treatment
  • Refining Complexity
  • Pipelines
  • Storage
  • Treatment & Blending
  • Utilities
 
Refining Economics – environmental aspects

 

  • Refinery economics
  • Benefits of Integrating with Petrochemicals
  • Global oil reserves, production & trade movements
  • Crude Oil and Refining gross product worth (GPW)
  • Freight
  • Netback and Refining Margin
  • Vessel chartering
  • Environmental aspects
  • Case Study: Netback pricing calculation

 

Oil & Gas Exports and Imports Business

 

  • Organization of Petroleum Exporting Companies (OPEC)
  • Other international and multi-national organizations
  • International Energy Agency (IEA)
  • Oil Markets – Crude pricing regimes
  • Transportation Logistics – Pipelines, Terminals and Storage
  • Crude Oil Tankers
  • World’s Major Pipelines
  • World’s Major Terminals, Refineries
  • Transportation Logistics – Losses
  • Bottle necks and Chokepoints

 

Pricing, Trading, Markets, Risk Management
 
  • Crude oil Benchmarks
  • Crude price assessment
  • Oil Trading
  • Total Barrel Economics
  • Oil Markets – Futures
  • Exposure – Price
  • Hedging – risk management
  • Pricing Management Considerations
  • Derivatives
  • Course Summary

Course Video