This two day Commercial Fundamentals of the Upstream Oil & Gas Industry training course is delivered by IFF Energy. Attending this unique course will provide you with a complete understanding of all the commercial elements of the entire upstream business.
The course is beneficial to professionals from a wide range of backgrounds and will equip or enhance their upstream core commercial and management skills and competencies.
The intensive two-day programme provides participants with a practical, thorough and in-depth understanding of how upstream commercial works and how each part of the value chain should be tackled. It will enable participants to gain an insight into the approaches of all the players in the industry. The course is highly practical with all key points illustrated throughout by examples of real life projects, case histories and situations.
Attend this intensive two day course and gain:
This Commercial Fundamentals of the Upstream Oil & Gas Industry training course is suitable for a wide ranging background of professionals who need to equip or enhance their upstream core commercial and management skills and competencies.
This Commercial Fundamentals of the Upstream Oil & Gas Industry training course is designed to cover the following areas:
The Upstream Commercial Environment
Introduction to the Upstream Oil & Gas Industry
Why Commercial Aspects are so Important
Key Upstream Joint Venture & Licence Agreements
Upstream Fiscal & Licence Agreements
Upstream Joint Venture Agreements
Key Upstream Product Sales & Transportation Agreements
Product Sales – Oil, Gas Liquids, Gas / LNG
Oil, Gas and LNG Transportation
The Financial Aspects of Upstream Commercial
Key Project Value Identification
Project Economic Evaluation
Mergers & Acquisitions
The Upstream Core Commercial Skills & Competencies
Upstream Risk Management and Disputes
Risk Management in Upstream Developments
Price Risk Management
Case Study Exercise - The Composite Upstream Case Study
Course participants will, in workshop mode, look at a composite case study that will address most of the issues seen during all the previous modules. This case study will address the development of a hypothetical offshore oil & gas project, and will lead towards the participants building a typical commercial structure to address the principal contractual arrangements and scheduling (covering the main risks) seen in project development.
The Case Study project will be a new upstream gas development located in an imaginary remote country. The study will cover the entire supply chain from gas exploration and field development through gas sales into an expanded LNG plant and LNG sales and transportation to Europe with throughput in a new LNG import terminal. Participants will be asked to build the commercial structure, analysing it from the point of view of all the parties involved, including developers, host governments, financiers, insurers and constructors.
This Commercial Fundamentals of the Upstream Oil & Gas Industry training course is delivered by the following course leader:
Your course leader has more than 25 years' experience as an executive in the international oil and gas industry. Her specialist are is LNG and she acts as an advisor on the Italian Gas Market.
The cost of this Commercial Fundamentals of the Upstream Oil & Gas Industry training course is £1,999.00 + VAT per delegate.
In House Training
This course can also be delivered for your company, at your premises and tailored to your needs. In Company Training saves you money - and increases results - and can be delivered worldwide.
As one of the world's leading specialist financial training organisations, The International Faculty of Finance, provides participants in the global financial markets with intensive technical training programmes designed to help them succeed on the global stage. Established in 1991 we...
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