The business of oil and gas is multifaceted, technically complex, highly capital intensive, and often confronted with potential risks and uncertainties. Today’s petroleum industry is dealing with ever-increasing levels of complexity, price volatility, and competition. The objective of this course is to provide the participants with extensive exposure to the many complex management issues presently confronting the Upstream and Downstream Petroleum Industry and to strengthen their understanding to manage the business successfully employing the latest innovative technologies.
The drop in the price of oil impacts negatively on the Upstream but enhances the profitability of Downstream operations as Refinery margins improve with cheaper feedstock. Furthermore, the Integration of refining and petrochemicals to achieve greater efficiencies is yet another critical factor in the business.
Managing integrated Upstream and Downstream businesses with technically intensive areas such as, exploration, drilling, production, refining, petrochemicals, sales, distribution, and trading of oil, gas and refined products require several cross-functional skills that are essential to this competitive industry. All these multi-functional skills and business practices are seamlessly covered in this training course