Introduction

This course offers a comprehensive overview of the oil and gas industry, covering the lifecycle of oil and gas operations from exploration to production, refining, and marketing. Designed for individuals new to the sector or those looking to deepen their understanding, this course explores the structure, processes, and global significance of the oil and gas industry.

Objectives

• Understand the fundamentals of the oil and gas industry, including exploration, drilling, and production.
• Learn about the key players, industry structure, and market dynamics.
• Recognize the environmental and safety considerations unique to the industry.
• Gain insight into the refining, transportation, and marketing processes.
• Develop a foundational understanding of the economic and geopolitical aspects of oil and gas.

Who Should Attend?

This course is ideal for:

• Newcomers to the oil and gas industry.
• Professionals in related fields (finance, logistics, etc.) who want to understand the oil and gas sector.
• Individuals interested in exploring career opportunities in oil and gas.
• Engineers, environmentalists, and policymakers interested in industry fundamentals.

Course Outline

Day 1: Overview of the Oil and Gas Industry

• History and Evolution
  • Origins of the oil and gas industry and key milestones
  • Historical impact on global economies and energy markets
• Industry Structure and Key Players
  • Overview of upstream, midstream, and downstream sectors
  • Roles of major companies, national oil companies, and service providers
• Understanding Oil and Gas Markets
  • How the global oil and gas market operates
  • Basics of pricing, demand, and supply dynamics

Day 2: Exploration and Production (Upstream)

• Basics of Oil and Gas Exploration
  • Geological and geophysical techniques for finding hydrocarbons
  • Exploration methods: seismic surveys, magnetic and gravity surveys
• Drilling Fundamentals
  • Overview of drilling technology and equipment
  • Types of drilling (onshore vs. offshore) and well completion methods
• Production Techniques
  • Primary, secondary, and enhanced oil recovery methods
  • Managing reservoirs for sustained production

Day 3: Midstream Operations – Transportation and Storage

• Transportation of Oil and Gas
  • Pipelines, tankers, and rail transport methods
  • Safety and environmental considerations in transport
• Storage and Distribution
  • Storage options: tank farms, salt caverns, and floating storage
  • Importance of storage in balancing supply and demand
• Introduction to LNG (Liquefied Natural Gas)
  • LNG production, transportation, and regasification process
  • Growing importance of LNG in global energy markets

Day 4: Downstream Operations – Refining and Marketing

• Basics of Oil Refining
  • Refinery processes: distillation, cracking, reforming, and blending
  • End products: gasoline, diesel, jet fuel, petrochemicals
• Marketing and Distribution
  • Understanding the end-user market and distribution channels
  • Role of gas stations, petrochemical plants, and export markets
• Environmental and Regulatory Considerations
  • Emission controls, waste management, and sustainability initiatives
  • Overview of regulations governing the oil and gas industry

Day 5: Economic and Geopolitical Aspects of Oil and Gas

• Global Economic Impact of Oil and Gas
  • Oil and gas as economic drivers and revenue sources
  • Impact of price fluctuations on global economies
• Geopolitical Influence
  • Influence of major oil-producing regions (Middle East, Russia, etc.)
  • OPEC’s role and impact on the global market
• Future Trends and Challenges
  • Emerging technologies, alternative energy sources, and industry trends
  • Challenges: climate change, regulations, and evolving energy markets
• Final Project: Industry Overview Presentation
  • Participants create a presentation summarizing key points and insights learned throughout the course