Scenario Planning in the
Oil and Gas Industry

While we cannot foresee the future, major oil and gas corporations have been at the forefront of Scenario Planning for decades—a process aimed at preparing for various potential outcomes. This Scenario Planning in the Oil & Gas Industry training course will guide you in identifying critical strategic trends and possible industry disruptors, such as political unrest, shifts in economic power, emerging technologies, alternative energy sources, and social changes. By analyzing these factors, a range of possible futures can be envisioned and planned for.

Through this course, companies will learn how to stay ahead of competitors by seizing new opportunities and mitigating potential risks. Scenario Planning is essential for long-term sustainability for any global corporation, and with the rise of tools like Big Data and Artificial Intelligence, it is rapidly becoming an even more vital and growing field.

This training course will feature:

• Historic and state-of-the-art Scenario Planning
• How the world’s largest oil and gas companies conduct scenario planning
• Bringing potential future scenarios to life
• Preparing for and adapting to potential future scenarios
• The use of Artificial Intelligence and Big Data Analysis
• Scenario planning as a process within the organization
• Facilitation and reporting techniques

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

• Analyze relevant economic, technological, environmental, legal and social trends
• Understand the role of Big Data in scanning the environment
• Develop multiple realistic potential future scenarios for your company
• Carry out ‘What if’ analysis and prepare for future success
• Facilitate scenario planning workshops
• Present to board level decision-makers with impact

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

• Planners
• Investment analysts
• Strategists
• Economists
• Future executives
• Oil and Gas executives

This Scenario Planning in the Oil and Gas Industry training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes expert input, videos illustrating scenario planning in action, and case studies from inside and outside the industry. In particular, it involves extensive hands on practice and opportunities for participants to develop their own scenarios.