Oil and Gas Fundamentals course is designed to provide basic knowledge and understanding of the oil and gas industry, including its technical aspects, and business model, social and the environmental impact, operations and equipment involved in upstream production of oil and gas, and downstream manufacturing processes to produce a variety of products from oil and gas.
Course Overview
Learning Outcome
Upon completion of this course, participants will be able to:
- Understand the formulation process of petroleum and where it accumulates.
- Understand the oil and gas industry techniques related to the upstream, midstream, and downstream sectors and their associated risks.
- Become aware of the storage, transport process in the oil and gas industry, as well as the available market and petroleum economics.
- Be familiar with common industry terminology
- The nature and formation of fossil fuels and oil reserves–
- Exploration and production techniques and their associated risks.
- Properties of Crude oil and Natural gas liquids (NLGS)
- Introduction to Upstream Operations – Exploration, Drilling, and Extraction
- Introduction to Midstream processing, storing, transporting, and marketing of oil, natural gas, and natural gas liquids.
- Introduction to Downstream- Refining and petrochemical processes to balance product market demand.
- Petroleum Economics Fundamental of petroleum economic, fiscal, and project planning issues.
- Fundamental of petroleum economic, fiscal, and project planning issues.
- Oil and gas terminology
- Exploration and production techniques and their associated risks.
- Fundamental of petroleum economic, fiscal, and project planning issues.
- Introduction to development, transport, and market opportunities for oil and gas.
- Perceive the importance of the trading, hedging, and retailing functions to modern, integrated oil and gas companies.
- Evaluate the threats and opportunities offered by non-conventional petroleum sources and alternative fuels in terms of a range of scenarios.
5 days
Target Audience:
Beginners or new recruits to the oil, gas and energy companies, Oil and gas professionals, Financial and legal professionals, Consultants in the oil, gas and energy organizations, Government agencies and ministerial bodies, Petroleum and Gas Engineers, Geologist and Geophysicist
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