Mini Master in Oil & Gas and Energy Management

Introduction:

Historically, excessive production of commodities like crude oil has led to stockpiling of global oil reserves and significant price drops. The current phase, with oil prices lower than $40, presents serious challenges for both International Oil Companies (IOCs) and National Oil Companies (NOCs) within the oil and gas value chain.

The mini master in oil, gas, and energy management MBA course encourages companies to adjust their strategic posture—moving from traditional plans to resizing, mergers, project deferments, and even layoffs in some cases.

Despite high and uneconomical oil production costs, the industry still faces a critical need to identify and develop new oil and gas projects to meet demand forecasts.

Participants in the MBA mini-master course will learn to tackle the critical challenges faced by the petroleum sector and appreciate its dynamics. They will acquire the tools necessary to address these challenges effectively.

The course will cover modern approaches to oil and gas project management, focusing on risk management, planning and scheduling, project finance, and economics—essential for the successful realization of future energy projects.

Objectives:

Upon completion of this Mini Master in Oil & Gas and Energy Management course, participants will be able to:

• Recognize key problems in the industry and available tactics for resolution.
• Identify the diverse organizations that make up the petroleum sector.
• Appraise geopolitical aspects affecting the international supply, transportation, and pricing of oil and gas.
• Acquire budgeting, financing, and strategic planning competencies for economic appraisal of oil and gas ventures.
• Efficiently manage resources (money, time, people, technology).
• Utilize derivatives markets for hedging risks.
• Contrast various international economic regimes.
• Describe the basic principles of oil and gas projects, including project management.
• Enhance competitiveness in the evolving oil and gas business environment.
• Critically analyze strategic challenges facing the industry and recommend measures for their organization.

Training Methodology:

• Interactive lectures
• Case study analysis
• Group discussions
• Simulations and role-playing
• Workshops
• Quizzes and assessments

Course Outline:

Unit 1: The Oil and Gas Industry - Synopsis

• Petroleum formation and chemical nature of petroleum
• Global petroleum reserves, supply, and demand
• The global energy mix
• Natural gas, petroleum products, and their specifications
• Oil and gas exploration and extraction
• Impact of the shale oil and gas revolution and new techniques (MWD and LWD)
• Value addition: oil refining and gaseous natural raw constituents processing

Unit 2: The Oil and Gas Supply Chain

• Development of fields and reservoirs
• Management of oil and gas supply chain (SCM)
• Importance of major decisions in supply chain design
• SCM issues in the oil and gas industry
• Logistics modes of transportation and performance trends
• Monetization of natural gas (LNG, CNG, GTS, GTL, GTP, GTC)
• Marketing and sale of petroleum products

Unit 3: Project Finance and Economics

• Financial and economic appraisal of the oil and gas market
• Oil and energy markets
• Investment and profitability analysis of energy projects
• Decision-making factors and performance indicators in project selection
• Sensitivity analysis of energy projects related to the oil and gas industry
• Performance management of oil business assets
• Derivatives and markets for energy commodities

Unit 4: Oil and Gas Energy Industry Strategic Analysis

• Strategic interests and competitive parameters of NOCs and IOCs
• Critical success factors and strategic value for competitive edge
• Strategic issues in the oil and gas industry
• Fiscal frameworks governing oil and gas operations
• Project analysis at a strategic level
• Energy risks and opportunities
• Crude oil pricing strategies

Unit 5: Outlook of the Oil and Gas Industry

• Industry outlook
• OPEC and IEA
• Policies for creative and strategic evaluation of future energy projects
• Geopolitics and global energy from the oil and gas market perspective
• Peak oil theory and its contentious issues
• Energy risk analysis and uncertainty in investment strategy
• Practical aspects of analyzing risk and opportunity