Understanding Success Factors in the Oil and Gas Industry

Today’s multinational, International Oil Companies (IOC’s) and National Oil Companies (NOC’s), both upstream and downstream of the oil and gas supply chain, are facing many challenges from the current economic climate. The current volatility of crude oil and natural gas prices has resulted in companies to reinvent themselves and to abandon the traditional strategic planning exercises.

This highly participative EuroMaTech training course is designed to provide a comprehensive understanding of the issues facing the international oil & gas industries and to be equipped with the necessary skills and knowledge to effectively identify and tackle these issues. This Understanding Success Factors in the Oil & Gas Industry training course will provide the necessary skills and knowledge to prepare the attendees for more senior responsibilities within their organizations.

Delegates will gain the knowledge and business acumen in the following key areas:

• A clear understanding of the oil and gas supply chain
• Issues related to the global energy supply
• Energy trading contracts and fiscal systems
• The oil & gas industry’s future prospects for forward planning
• Oil & Gas Sector strategic analysis

TRAINING OBJECTIVES

• Gain a wide-ranging understanding of the petroleum industry and the companies that constitute this industry
• Learn about the important issues facing our industry and strategies used to address them
• Gain specific skills in strategic planning, setting goals, budgeting and finance
• Understand the management and allocation of resources (money, time, people, tools and technology)
• Develop an understanding of the derivatives markets and an awareness on hedging risk
• Understand and compare international fiscal systems
• Learn about the geopolitical issues surrounding global oil & gas supply and transportation