Essential Skills for Oil and Gas Managers and Supervisors

Why select this course?

The oil and gas sector is a critical part of the world’s energy infrastructure. To ensure the reliable and efficient flow of oil and gas, it is important to understand the major components of this industry. The oil and Gas industry is constantly growing because of the high demand for energy worldwide and the increasing use of new technologies to extract oil and gas from difficult-to-reach places.

Why is adaptability a necessary skill required to survive in Oil and Gas industry?

In this digital age, the oil and gas industry has been transformed by technology, new ways of working, and a large digital footprint constantly evolving. For professionals who must lead and innovate in this changing environment, understanding emerging technology is now a necessity instead of an expectation. A key issue for employers, stakeholders, and employees in the oil and gas industry has been their ability to adapt. The industry is a fast-paced environment that requires critical thinking, quick problem-solving, and flexibility. This is the only way to survive, succeed and create long-term value when operating in a volatile industry that is constantly changing.

What are the key skills professionals of Oil and Gas industry must have?

The practice of project management is essential in the upstream and downstream segments of the oil and gas industry. The oil and gas industry is capital-intensive, and projects can take years to complete. As a result, companies in the oil and gas industry must have effective project management practices in place to ensure that projects are completed on time and within budget. You’ll be in charge of seeing a project through from start to finish, coordinating your team’s efforts as they tackle challenges like meeting deadlines, keeping tabs on progress, and keeping everyone in the loop. Concurrently, you’ll have to assign tasks to others on the team to see any real forward movement.

A high level of understanding and knowledge of oil and gas technology, products, and services is essential in the oil & gas industry. Rcademy’s Essential Skills for Oil and Gas Managers and Supervisors course provides an opportunity to develop the competencies managers require as they manage their organizations’ relationships with external partners and stakeholders. This training course is a perfect opportunity for those interested in the oil and gas industry but unsure of their career path. Oil and gas managers are responsible for developing, implementing, and operating projects related to the extraction and exploration of petroleum resources.

Who should attend?

Rcademy’s Essential Skills for Oil and Gas Managers and Supervisors Course is largely appropriate for employees, leaders, managers, and professionals from Oil and Gas Industry:

• Top management and senior executives
• Departmental heads and managers
• Business policymakers
• Team leaders
• Supervisors
• Project managers
• Product managers
• Start-up founders
• Entrepreneur

What are the course objectives?

Rcademy’s Essential Skills for Oil and Gas Managers and Supervisors Course has been developed to achieve the following objectives:

• To gain an understanding of the functioning of the oil and gas industry: from production to distribution
• To gain an understanding of the adaptability and skills required by professionals working in the oil and gas industry
• To understand the important issues and challenges arising in the oil and gas business
• To understand how demand for sustainability is impacting the working of the industry
• To establish and assess safety work culture in oil and gas businesses
• To understand the basics of project management with the best ways to select and analyze oil and gas projects
• To understand the transportation infrastructure of oil and gas projects along with their storage
• To understand the impact of oil and gas operations on the environment and support sustainable activities

How will the course be presented?

• Interactive sessions
• Use of case studies
• Management games
• Learning preparation of reports, charts, graphs
• Real-time exercises
• Problem-solving and Group discussion sessions

What are the topics covered?

Module 1: Beginning with Basics

• History of Oil
• Categorisation of Oil and Gas business: upstream and downstream
• Environmental challenges facing Oil and Gas business
• Crude oil and its benchmarks
• Oil and gas-producing and consuming countries

Module 2: Oil and Gas Business Functions

• Global business environment
• Exploration techniques
• The energy market in the global economy
• Upstream accounting
• Oil and Gas financial management
• Downstream marketing
• Petro economics
• Sustainable business operations

Module 3: Soft Skills for the Industry:

• Critical thinking
• Problem-solving
• Collaboration and teamwork
• Global mindset open to cultural diversity
• Strategic thinking

Module 4: Understanding Petroleum Exploration

• Geological structures
• Seismic and non-seismic exploration methods
• Play and Prospect Analysis
• An economic evaluation of Prospects
• Analyzing issues in global exploration

Module 5: Project Management and Contract Administration

• Project selection and project analysis
• Methods of Project Scheduling: WBS, Gantt chart, network analysis
• Project monitoring: S curve
• Project Quality Management
• Control charts
• Risk management in oil and gas projects

Module 6: POL Retailing

• Retail outlet network planning
• Retail outlet management
• Retail outlet automation
• Studying crude volatility
• CAGR, payback period, financial justification

Module 7: Fundamentals of Refinery 

• Oil and Gas value chain
• Primary processing in the refinery
• Secondary processing in the refinery
• Future challenges of refinery
• Environmental and safety issues

Module 8: Safety and Security Environment in Oil and Gas Business 

• Drilling and servicing activities
• Working with high-pressure equipment
• Machine hazards
• Other occupational hazards
• Establishing safe practices
• Safety Tips and Prevention

Module 9: Transportation and Storage 

• Oil and Gas value chain
• Oil and gas storage markets
• Role of midstream companies
• Inventory management
• Supply chain drivers
• Transportation infrastructure
• Pipeline transportation
• Route planning

Module 10: Petro Economics 

• Understanding resource depletion
• Policies affecting energy markets
• Hydrocarbon energy environment
• Energy trading
• World energy economic costs
• Demand and supply for global energy