Essential Skills for Oil and Gas Professionals

The Oil & Gas industry is experiencing its most significant transformation in two decades due to a rise in oil production alongside a drop in demand. Prolonged low oil prices are reshaping the geopolitical dynamics within the sector. The shale oil and gas revolution has driven the need for innovative business models, leading to numerous mergers among international oil companies across both the upstream and downstream sectors of the supply chain. With global petroleum demand hitting record highs, the complexities surrounding the Oil & Gas industry are also growing.

This Essential Skills for Oil and Gas Professionals training course equips individuals with the core skills to develop a comprehensive understanding of the industry and the competencies needed to navigate its challenges.

By the end of this training course, participants will be able to:

• Build knowledge as to the nature and challenges facing the oil and gas industry
• Understand the key players and commercial drivers
• Examine the industry structure with specific emphasis on the complete value chain
• Understand framing agreements including joint ventures and product sharing contracts
• Examine the importance of effective project planning and execution including risk management and Earned value management analysis

This training course is suitable to a wide range of professionals but will greatly benefit:

• Oil and Gas professionals:
  • Senior and middle managers
  • Accountants and finance professionals responsible for financial accounting, treasury, internal audit,budget preparation and management reporting
  • HR, contracting and procurement and IT professionals
  • Line managers with strategic planning and operational budgeting responsibility
• New entrants to the Oil & Gas industry
• Professional advisers and Business Consultants