International Petroleum Business

This interactive, applications-driven 5-day International Petroleum Business training course will highlight the added value in enhancing international petroleum business and in managing decision making. The business of oil and gas is multifaceted, technically complex, highly capital intensive and often confronted with potential capital risks and price risk uncertainties. Today’s oil companies’ are dealing with ever increasing levels of complexity and competition. The innovative technologies in the recovery of oil are also changing the landscape of petroleum industry. Integration of refining and petrochemicals to achieve greater efficiencies is yet another critical factor in the business. Managing international supplies, refining and trading of oil require several cross-functional skills. To achieve maximum effectiveness, managers and professionals must continually expand their business knowledge and sharpen their skills. Their strategies must include how to achieve the supply chain value maximization, and how to create and manage portfolios that can withstand the price volatility while maximizing profits.   This Gulf Rowad International Petroleum Business training course will feature: The basics of oil and gas exploration, production, and its recovery economics to fully understand this global business that fuels the global economy The essential concepts and business practices of the international oil supply, transportation, refining, and trade in oil and gas industry Fundamentals of oil economics and of crude oil transportation Basic Refinery operations, economics and the environmental aspects Basic Principles in crude oil pricing and overview of crude oil and refined products markets Essential elements in crude oil and refined products sales contracts Supply logistics - major international pipelines, shipping routes, and choke points It seamlessly covers the wide-array of critical business functions, processes, and appropriately deals with the business practices and tactics to build the necessary business acumen in the completive and low price environment