Engineering, Oil and Gas

Training Course: The 5-day Oil and Gas MBA


Register Now
Quick Inquiry
Discount Group Download Brochure (38)

EN6015

19 - 23 Jan 2025

Istanbul (Turkey)

Hotel : DoubleTree by Hilton Istanbul Esentepe

Cost : 6300 € Euro

Introduction

In today’s climate of economic turmoil, price volatility and market uncertainty, and with globalism making our lives more interconnected and complicated, it is increasingly necessary for companies to identify and develop managers with a broad understanding of the issues facing the international oil and gas industries and with the skills necessary to manage effectively over a wide range of operations.  This program is designed to provide managers with the necessary skills and knowledge and to prepare them for more senior responsibilities within their organizations.

Objectives

  • Gain a broad understanding of the petroleum industry and the companies that make up this industry

  • Learn about the important issues facing our industry and strategies used to address these issues

  • Gain specific skills in strategic planning, setting goals, budgeting, and finance

  • Learn the characteristics of an effective leader and understand how leaders motivate, delegate and inspire

  • Understand how projects are organized and managed

  • Understand the management and allocation of resources (money, time, people, tools and technology)

  • Gain skills in managing project costs

  • Deal with project risks through finance and project execution strategies

  • Make effective management decisions using deterministic and probabilistic models

  • Compare international legal systems

  • Learn how to work with international contract law and understand methods of dispute resolution

  • Learn about the legal issues surrounding global supply and transportation

Outlines

Day 1:

Oil Industry Overview

  • Origin, source, and nature of hydrocarbons

  • Exploration – how hydrocarbons are found

  • Production operations

  • Field processing operations

  • Transportation of crude oil

  • Downstream processing

  • Marketing

  • Economics

Day 2:

Oil Companies, Corporate Relationships, and Structures

  • Operating companies and service companies

  • Local, national and multi-national oil companies

  • Integrated and non-integrated companies

  • Production sharing agreements

  • Organization for Petroleum Exporting Countries (OPEC)

  • Issues facing the oil industry

 Strategic Planning

Creating a business model

  • Strategic planning

  • Corporate culture

  • Corporate mission statements – vision and values

  • Communicating the mission and the business model to stakeholders

  • Achieving stakeholder alignment

 Day 3:

Budgeting and Finance

  • Implementing strategies through financial planning and budgeting

  • Example of capital budgeting through peer groups

  • Understanding corporate cash flow and project financing

  • Evaluating capital projects by cash flow analysis

Management and Leadership

  • Characteristics of an effective leader
  • Team building and employee empowerment

Day 4:

Project Management

  • Project Management Institute’s (PMI’s) definitions and list of key skills

  • PMI’s knowledge areas

  • How projects are organized and how a leader motivates, delegates and inspires

  • The project charter and critical objectives

  • Managing available resources (finances, time, people, tools and technology)

  • Fundamentals of cost and time management and project quality control

  • Managing project risk

  • Project communications

Fundamentals of Project Contro

  • The Scope of Work

  • Work Breakdown Structure (WBS)

  • The WBS as the basis for estimate development and cost control activities

  • WBS as the basis for planning and scheduling

  • The project execution cycle

Day 5:

Cost Management, Planning, and Scheduling, Quality Management

  • Scope development and estimate bases

  • Estimates and budgets, the concept of contingency

  • Estimates and probability

  • Project cost control and change management

  • Scope changes and cost trends

  • Project schedule control

  • Quality management

Management Decision Strategies and Algorithms

  • The role of probability in decisions

  • Mathematical modeling of business processes

  • Making management decisions under conditions of uncertainty

  • Making management decisions under conditions of certainty

  • Optimization of mathematical models and interpretation of results

International Business Law

  • Comparative legal systems

  • International contract law

  • The concept of legal jurisdiction

  • Dispute resolution methods and resources

  • Global supply and transportation, title and liability issues

Engineering, Oil and Gas

Training Course: The 5-day Oil and Gas MBA


Register Now
Quick Inquiry
Discount Group Download Brochure (38)

EN6015

19 - 23 Jan 2025

Istanbul (Turkey) - DoubleTree by Hilton Istanbul Esentepe

Hotel : DoubleTree by Hilton Istanbul Esentepe

Cost: 6300 € Euro


  About Istanbul

Few places compare to the vibrant, cosmopolitan city of Istanbul, whose enormous size straddles both Europe and Asia, forming a bridge between western and eastern cultures. Resting upon the natural harbor of the Golden Horn, the skyline of the once-Constantinople is pierced with minarets and ancient monuments that embody centuries of history. While it is brimming with historical landmarks and colorful markets, modern Istanbul is also well represented through its contemporary art scene, European-style café culture, world-class dining venues.


  Things to do and places to visit in Istanbul

Istanbul is teeming with attractions and landmarks from historic sights and unique cuisine to lively markets and unmistakable culture. It is a thriving city, with a myriad of things to do that skillfully manage to blend every aspect of both the contemporary and the historical world.

On a city break in Istanbul be sure to:

  • Visit a hammam, a traditional Turkish bath, whose origins date back to Roman times.
  • Marvel at the Hagia Sophia, Süleymaniye Mosque and Blue Mosque, Istanbul's most spectacular monuments that dominate the skyline.
  • Explore the Topkapi Palace Museum, one of Istanbul's most visited museums, home to over 80,000 artifacts.
  • Walk through the Basilica Cistern, an underground marvel built in the 4th century.
  • Be dazzled by the Grand Bazaar, one of the world's oldest and largest covered markets.
  • Go shopping for exotic products and Turkish delights in the Spice Bazaar.
  • Cross the bridge connecting Europe and Asia against the backdrop of the Bosphorus, or take a Bosphorus cruise.
  • Taste the diversity and flavor of Turkish cuisine.
  • Admire panoramas of the city from the Galata Tower.
  • Walk through Taksim Square, the city's dynamic square that never sleeps.
 22 Portman Square, Marylebone, London W1H 7BG, UK
 3 Oudai street, Aldouki, Giza, Giza Governorate, Egypt
 0020233379764
 00201095004484
 00201102960555
 00201102960666
 19 Mayıs Mahallesi, 19 Mayis Street No 2 Sisli, 34360 Istanbul/Turkey
 00905357839460
 Australia Street, Raouche Beirut, Lebanon .، Beirut, Lebanon
 0096181746278
 811 Massachusetts Avenue, Boston, Massachusetts, 02118, USA
 6 Beirut Street - Fifth Circle Abdoun, P.O. Box 831370, 11183 Amman, Jordan
Copyright Global Horizon Training Center © 2019