5-Day Intensive Oil and Gas MBA Training Program

Introduction:

The oil and gas industry's reliance on market dynamics necessitates that organizations develop leaders with a deep understanding of the sector. Our 5-Day Intensive Oil and Gas MBA Training Program program is designed to prepare these aspiring managers for elevated roles within their organizations by providing essential knowledge and skills.

This course offers a comprehensive exploration of critical oil and gas management principles and strategies. Participants will gain high-level skills in both oil and gas project management and engineering, equipping them to navigate the complexities of the industry effectively.

Objectives:

Upon completing this 5-Day Intensive Oil and Gas MBA Training Program course, participants will be able to:

• Gain a broad understanding of the petroleum industry and its value chain.
• Address critical industry issues and devise effective marketing strategies.
• Develop skills in strategic planning, goal setting, budgeting, and financial management.
• Understand the principles of effective leadership, including motivation, delegation, and inspiration.
• Manage and organize projects efficiently.
• Oversee resource allocation, including money, time, personnel, tools, and technology.
• Manage project budgets and address issues through finance and execution strategies.
• Make informed management decisions using deterministic and probabilistic models.
• Compare international legal systems and work with international contract law.
• Address legal issues related to global supply and transportation.

Training Methodology:

• Interactive lectures
• Case studies
• Group discussions
• Role plays
• Workshops
• Simulations
• Q&A sessions

Course Outline:

Unit 1: Oil Industry Overview

• History, formation, and types of hydrocarbons
• Investigative techniques
• Oil and gas production activities
• Onshore and offshore processing plants operations
• Transportation and processing of crude oil
• Financial aspects of the oil and gas sector

Unit 2: Oil Companies, Corporate Relationships, and Structures

• Types of service and operating firms
• Interaction between local, national, and multinational oil companies
• Integrated vs. stand-alone companies
• Management contracts
• Overview of OPEC

Unit 3: Strategic Planning – Business Model Development

• Strategic planning process
• Organizational culture and its significance
• Corporate mission statements
• Core values and stakeholder engagement
• Business models

Unit 4: Budgeting and Finance

• Financial planning and budgeting
• Capital budgeting principles
• Corporate cash flows and project financing
• Cash flow management

Unit 5: Management and Leadership

• Attributes of effective leaders
• Team building and motivation strategies

Unit 6: Project Management

• PMI competencies
• PMI’s aspects of knowledge
• Project organizational strategies
• Resource management
• Time and cost management
• Risk management

Unit 7: Project Control and its Concepts

• Scope of work and Work Breakdown Structure (WBS)
• Estimation, development, and cost control
• Project cycle implementation

Unit 8: Cost Management, Planning and Scheduling, Quality Management

• Scope development and estimate bases
• Estimates, budgets, and contingency
• Project cost control and change management
• Schedule control and quality management

Unit 9: Management Decision-Making Strategies and Their Algorithms

• Probability and decision-making
• Alternative solutions and business process optimization
• Mathematical modeling and output analysis

Unit 10: International Legal Relations

• Legal systems and international commercial contracts
• Jurisdiction and dispute resolution
• Legal issues related to global supply, transportation, title, and liability