Human Capital Management in the Oil, Gas and Petrochemical Industry Certification Course

Why Select this Training Course?

The energy industry is constantly evolving, with advancements in technology, changes in social norms, and geopolitics all playing crucial roles. In an environment such as this, it is vital for organisations to have a proper grasp of the critical issues surrounding human capital management and human resource management. Human capital management functions have evolved over time to become a central player in the administration of any successful organisation.

The Rcademy Human Capital Management in the Oil, Gas and Petrochemical Industry Certification Course will expose professionals to the ways they can contribute to their organisation and become real partners in the organisation. This exciting course will introduce students to prevailing best practices in HR systems, services and methods. They will also learn the latest approaches and techniques used for the effective management of human capital, with special attention on the oil, gas and petrochemical industry. Focus is also given to performance management in a multicultural and diverse working environment.

What are the Goals of Human Capital Management?

The workforce of every organisation is its greatest asset. How an organisation manages workers and assists them in actualising their objectives can make or break a business. It is crucial to strategise the organisation’s employee management practices to maximise the value each person offers. This is why human capital management is very crucial. By streamlining management, development practices, and talent acquisition, human capital management unlocks the full potential of each employee, helping them go above and beyond each task they are assigned.

Some of the key objectives of human capital management include the following:

• Establishing a quality recruitment process
• Training and development of employees
• Optimising employee performance.

What are the Sustainability Challenges Facing the Energy Industry?

Meeting the energy requirements of society in an economical and reliable manner has been the mission of the oil, gas and petrochemical sector since its inception. However, decades of high-profile incidents such as serious environmental pollution, oil spills, and the rising stories about the need to lower carbon emissions have shone the spotlight on the need for sustainability practices in the oil and gas sector. Oil, gas and petrochemical firms are under growing pressure to tackle these challenges and their impacts on the future of the planet.

Additionally, the energy sector is also under attack for destroying valuable resources, with fracking operations, in particular, needing vast amounts of water at a time when drought is growing globally. While oil and gas companies have undertaken efforts to address these challenges, some of the sustainability challenges that remain include:

• Advancing diversity in recruitment
• Ensuring workers’ health and safety
• Lowering waste
• Reducing the use of scarce natural resources such as rare earths
• Minimising their impacts on the environment
• Cutting emissions, hazardous leaks, and

Who Should Attend?

This Rcademy Human Capital Management in the Oil, Gas and Petrochemical Industry Certification Course is designed for a wide range of human capital and human resource professionals within the oil, gas and petrochemical industry and individuals who wish to learn about management in the energy industry. These individuals should take the course:

• Strategy managers charged with developing and implementing business visions and agenda.
• Business manager tasked with monitoring and heading operations of business enterprise, developing and implementing business strategies, and evaluating business performances.
• Project Managers
• Human resource managers who are responsible for personnel relations of corporate organisation.
• Operations Managers 
• Team leaders and managers responsible for leading and supervising the day-to-day operations of team members in the industry.
• Everyone interested in taking up a management role in the oil, gas and petrochemicals industry.

What are the Course Objectives?

The Rcademy Human Capital Management in the Oil, Gas and Petrochemical Industry Certification Course will assist candidates in attaining the following objectives:

• Implement growth and tutelage techniques to improve human capital performance
• Learn how to build a safe culture and environment in the organisations through policies and practice
• Have a sound grasp of employee recruitment, reward, and resourcing in the energy industry
• Learn how to draft plans to transform organisational goals into human capital objectives
• Illustrate examples of best practices in managing personnel in the oil, gas and petrochemical industry
• Understand performance management in a diverse and multi-faceted environment

How will this Course be Presented?

This training course is participant-based and specially curated to meet their expectations while growing their skills and knowledge. Different techniques and approaches that ensure active learning by participants will be employed to deliver the training. The course will be delivered by experts in the field with years of practice and experience. The modules are designed from extensive and in-depth research on the subject.

The Rcademy Human Capital Management in the Oil, Gas and Petrochemical Industry Certification Course offers theoretical and practical learning by providing lecture notes, slides on the subject, real-life scenarios, and lecture notes. Participants will partake in presentations, quizzes, seminar workshops, and constant feedback on the lessons taught to gauge their satisfaction.

What are the Topics Covered in this Course?

Module 1: Concepts and Contexts: Oil, Gas and Petrochemicals I

• API gravity
• Annular space
• Associate gas
• Anticline
• Acidising well
• Authorisation for Expenditure (AFE)
• Biomass
• Barrel standard
• Bleeding core
• Casinghead gasoline
• Injection of Co2
• Cavings rock
• Coal liquefaction and gasification
• Cogeneration

Module 2: Concepts and Contexts: Oil, Gas and Petrochemicals II

• 3-D & 4-D seismic
• Conveyance
• Cracking
• Drilling (string, fund, break, stem test, rig, platform & mud)
• Outer continental shelf
• Dry natural gas
• Octane
• Shale and oil shale
• On the pump
• Set casting

Module 3: Subsectors

• Oil, gas, and petrochemical exploration
• Oil, gas, and petrochemical production
• Bitumen extraction
• Cooling as a means of liquefying gas
• Oil sand mining
• Liquefied gas regasification
• Wind energy
• Gas conversion to liquid products
• Integration activities (full, horizontal and vertical)

Module 4: Oil, gas and petrochemical production and management

• Franchise agreements
• Lease management for oil wells
• Combined efforts: Joint ventures
• Drilling and mining operation
• Technology for drilling Coalbed methane
• Gas processing
• Oil and gas production: natural & artificial lifts
• Rig operation
• Production principles
• Glycol dehydration
• Amine sweetening
• Production separation
• Heater treater principle: vertical v. emulsions
• Research in geology

Module 5: Managing Downstream Activities

• Amplifying retail sales
• Trading ventures and strategies
• Biofuels development
• Petrochemical production
• Storage, distribution and supply
• Co2 emission management
• Oil refinery: lubricants and fuels

Module 6: Strategic Human Capital Management

• HCM v. personnel management
• HCM value chain
• Rowntree in the energy industry: welfare development
• Human capital management in oil, gas and petrochemicals
• Stakeholders’ expectations and values
• Managing a diverse, multifunctional and multicultural environment
• Situation Analysis
• Balanced scorecard
• PESTLE Analysis
• SWOT
• Porter’s Five Forces
• Different strategic tools and applications

Module 7: Basics of Finance for HCM Professionals

• Accounting and finance concepts
• Economics of personnel upskilling and competency in the energy sector
• Utilising accounting data for decision-making in the energy industry
• Upstream and downstream economics
• Calculating ROIs
• The value of cost-benefit in training
• Key finance terms for human capital managers

Module 8: Oil and Gas Project Management

• Defining oil and gas projects
• Defining the roles of the oil and gas project manager
• The stages of project management in the oil and gas sector
• Project management in the energy industry
• Oil and gas risk assessment
• Running feasibility studies
• Project cash flow
• Project evaluation

Module 9: Managing Personnel Performance

• Designing a performance management system
• Personnel management concerns
• Types and causes of performance-related problems
• Absence
• Training and development
• Personnel appraisal
• Dangerous operations
• Offshore operations
• Regular staff
• Management by objectives (MBO) system
• Welfare, compensation and benefits
• Forced ranking and bell curve
• 360 degrees and 180 degrees systems

Module 10: Measuring Human Resources

• Key result areas and key performance indicators
• Human resource versus human capital
• Employee turnover
• Turnover versus attrition (gross and net)
• Core competencies and core values
• Healthy turnover versus unhealthy turnover
• Cost of labour and return on human capital

Module 11: Relevant Concerns in the Energy Sector

• Recruitment operation and process
• Motivation
• Flexible work strategy
• Flexible workforce
• Sustainable practices

Module 12: Diversity Challenges and Creating Ethical Organisations

• Building an ethical and transparent culture
• Strategic human capital management and international business relationships
• The impacts of internal and external factors on change
• Latest developments in HR across industries
• Dealing with the problem of sustainability in the oil, gas and petrochemical industry