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 Management Mini-Master 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 mini-master in oil and gas management MBA 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
• Expert panels
• 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