Oil Management Curriculum

Course Description
PROJECT EXECUTION, OPERATIONS, AND MANAGEMENT This course provides a broad understanding of the purpose and role of project management and project managers. It is designed to help participants learn to apply a variety of management practices and planning tools as a means of administering, directing, and coordinating projects.The following topics are covered:

  • Introduction to project management and project cycle
  • Introduction to project implementation
  • Analyzing the project environment
  • Organizational structure and the role of the project manager
  • Building the team
  • Project breakdown structure
  • Project planning with critical path method (CPM)
  • Scheduling and resource allocation
  • Budgeting and cost control
  • Project reporting and management information systems
  • Closing the project
PROCUREMENT MANAGEMENT, SUPPLY CHAIN MANAGEMENT, COST CONTROL This course focuses on procurement management of major projects such as oil and gas development and production. It provides the detailed procedures for procuring goods and services or works, requirements for projects financed or co-financed by multilateral development banks such as the World Bank or IFC, and international competitive bidding processes. The course also addresses current international principles and practices in supply chain management (SCM) by multinational corporations, the IT applications and tools available to manage them, and the implications for cost control and cost management.
LEADERSHIP SKILLS DEVELOPMENT; TEAM BUILDING AND TEAM MANAGEMENT This course is offered for Ministry of Oil leaders and managers at various levels and divisions or companies. It assists senior leaders in the Ministry, heads of functional units, managers of project teams, and leaders of organizational units in the oil company. The focus is on understanding the dynamics of organizations, the importance of leadership, the skills and tools of leaders, and the difference between leadership and management. It has been said that “one leads people and manages things.”
INTERNATIONAL PETROLEUM BUSINESS MANAGEMENT WORKSHOP — SANDLAND The workshop focuses on developing essential technical, financial and business knowledge of all sectors of the international petroleum industry, with additional stress placed on effective teamwork, decision-making abilities, and presentation skills. This careful balance of lectures and workshop is an ideal way for participants to acquire the management skills and business knowledge needed for today’s industry manager.Key benefits:

  • Provides a thorough grounding in such topics as petroleum exploration agreements, exploration methods, drilling, field development, production, reservoir engineering and enhanced recovery, pipeline transmission, refinery and petrochemical operations, and marketing of crude and products.
  • Develops key financial skills, including project investment analysis, financial statements and petroleum accounting concepts as measures of project and corporate performance.
  • Integrates the use of these technical and financial tools through team decision- making in a simulated competitive environment.
  • Encourages participants, working in teams, to apply classroom knowledge to practical job-related problems.
INTERNATIONAL PETROLEUM TRANSACTIONS This course studies the international oil and gas business, a business that must be uniquely concerned with both public and private international law, as well as domestic law of the business entity’s home state, the host government, and, oftentimes, a third country. We study sovereign rights to minerals, including disputes that arise between neighboring countries regarding boundary disputes. Then we study the various types of host government contracts used by various countries to assign development rights to private companies, including how such rights are acquired, and study how disputes between a private company and host government are resolved. We also look at contracts between private companies engaged in exploration and production operations. We also study crude oil and gas marketing.
MANAGING LEGAL/REGULATORY, COMMERCIAL BUSINESS RELATIONSHIPS This course on legal matters focuses on Commercial Law, contracts, joint ventures, and corporate governance. This course complements the International Petroleum Transactions course which is specific to oil and gas. The following subjects are addressed through lectures, case studies, and problem-solving exercises:

  • Corporations and Business Law History
  • Contracts and Contract Issues in Civil Code and Common Law
  • Business Models and Function in International Operations
  • Joint Venture Transactions and Agreements
  • Contract and Agreement with Partners and
  • Management and corporate governance options and problems
  • Liability of Directors and Managers of Corporations
  • Ethical Management and Responsibility
  • Dispute Resolution – Mediation
  • Arbitration
  • Litigation
ACCOUNTING AND FINANCIAL REPORTING FOR OIL AND GAS This is a hands-on intensive course that combines lecture with exercises. This Course Progresses Through Four Major Topic Areas:PART I: Financial Statements & Concepts

  • Understand the Fundamentals of Financial Accounting
  • Learn to Read the Primary Financial Statements
  • Thomas Quinn Manufacturing Case Study
  • Mimi’s Jeopardy Game: Preview of Concepts and Terms

PART II: Oil and Gas Accounting

  • Oil and Gas Accounting Methods
  • Oil and Gas Accounting Practice Set

PART III: Financial Reporting and Analysis

  • Form 10 K and the annual report: Mimi’s 10 K walk
  • Financial Statement Analysis of Energy Company

PART IV: Financial Reporting and Analysis (Firm-Specific) The final day of this course will be on Management Information Systems (MIS). It will introduce the types of systems and applications.

Iraq Uzbekistan Central Asia Kyrgystan Vietnam E-Gov China Ghana Niger Rwanda EL SALVADOR: Interconnection Policy Mexico Lighting Africa Pakistan