Oil & Gas Industry Overview
Who should attend:
- Oil and gas management and supporting staff who need an up date on the workings of the industry
- New employees to oil and gas organisations
- Consultants, Bankers, Accountants, Lawyers, Analysts, Economists, Risk Managers, Stock Market personnel, etc
- Legislators, Government and Development Agency officials, etc
5 days
Course aims:
To give a complete picture of the oil industry from exploration, drilling, production, refining to marketing. The effects of political factors on oil prices and the influence of major players will also be discussed.
Course outline:
- The Origins of Oil & Gas
- How were hydrocarbon deposits formed?
- How are hydrocarbon deposits located?
- Why are they only found in certain areas of the world?
- World hydrocarbon reserves - size and location
- The Reservoir Life Cycle
- An overview of the drilling industry and how it operates.
- How do we find oil and gas (exploration and geophysics)?
- How exploration, appraisal and development decisions are made
- Oilwell Drilling
- Oil & gas production
- How governments control the exploitation of hydrocarbons - ownership of reserves; production Sharing Agreements; etc
- Oil refining
- Products from Petroleum
- Operating companies structure
- Service companies structure
- Oil Transportation
- Petroleum trading
- Spot Market
- Petrol at the pump
- Political factors: OPEC and non-OPEC: what do they do?
- Key players in the world
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