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Course Overview

What does upstream oil and gas operations include? Upstream oil and gas operations include identification of deposits and/or drill wells and recovery of raw materials from underground. Companies engaged in such activities are commonly called exploration and production companies. ‘Upstream’ basically refers to a company’s position in the supply chain. This sector of oil and gas also includes services like rig operations, feasibility checks and studies, machinery renting, etc. These days, companies are using innovative methods to reduce costs, employ more cost-effective recovery techniques, conduct appropriate and adequate risk analyses, etc. Besides these, understanding global upstream operations is essential for understanding upstream production sharing and joint venture contracts. Digital solutions are also being put to use to connect, consolidate, accelerate and automate activities through the lifecycle.

This Zoe training course will empower you with a comprehensive understanding of upstream oil and gas operations end to end. By undertaking this course, you will be competent to handle responsibility across any function of the upstream supply chain, and ensure successful operations with optimal efficiency and quality. This training course will equip you with the required skillset and capabilities and prepare you to achieve success in any role within global upstream oil and gas operations, whether in your current organisation or outside.


Course Objectives

The primary objective of this training program is to empower professionals with—

  • detailed understanding and knowledge of upstream oil and gas operations
  • the ability and confidence to handle any challenges obstructing smooth functioning of any process/system across the upstream oil and gas supply chain
  • the experience and exposure to independently drive management of operations or enhancement of current systems and processes
  • the ability and skills to predict risks and make provisions for their treatment to prevent negative business impact
  • the required knowledge and confidence to share best practices with other professionals to enhance their work efficiency and quality, ultimately impacting the entire organisation
  • the required understanding and knowledge of fiscal policy and relevant fiscal systems
  • the ability and capabilities to contribute to organisational development at a global level through better planning, reduced costs and increased client satisfaction
  • the adequate experience and knowledge to use advanced techniques to make operations leaner and increase operational efficiency

You can also check out our course on Global Downstream Oil & Gas Operations


Training Methodology

Training at Zoe Talent Solutions follows a dual approach—practical and theoretical. The practical aspect of training is addressed through group activities and discussions as well as role-plays among the training audience. Theoretically, lectures are delivered by highly professional individuals trained in the relevant domain, using audio-visual presentations. The trainer also encourages trainees to share experiences from their real work scenarios, and these are then discussed in detail by the trainer.

The above format of training is not followed by any organisation. This model of Zoe Talent Solutions is called the Do–Review–Learn–Apply Model.


Organisation Benefit

By professionals undertaking this training course, their organisations will derive the following benefits:

  • Seamless and efficient upstream oil and gas operations managed by experienced and trained professionals
  • Adherence to international standards in the end to end process, thus building the organisation’s ability to undertake international orders
  • Successful and beneficial international contracts negotiated by experienced professionals
  • Regular coaching of other employees on best practices of upstream oil and gas operations to ensure overall increase in efficiency and quality
  • Lesser risks and adequate provisions for business continuity in the event of challenges, thus increasing organisation credibility
  • Increased investments because of better planning and risk management, thus supporting organisational growth and development
  • Reduction in costs and implementation of leaner operations with maximum automation

Personal Benefit

Professionals enrolling for this training course will benefit in the following ways:

  • Detailed and comprehensive understanding and knowledge of upstream oil and gas operations end to end
  • Increased skill and confidence to assume higher roles responsible for overseeing the functions and operations end to end, thus fostering career progression
  • Greater knowledge and experience to review existing systems and processes and check for scope for enhancements to make operations leaner, even through possible automation
  • Increased knowledge and confidence to train and mentor other professionals on best practices in upstream oil and gas operations
  • Enhanced skillset and capabilities to work in dynamic work environments not just in one’s current organisation but also outside
  • Greater ability and potential to support growth and development of the organisation at an international level
  • Better negotiation and communication skills to effectively collaborate and negotiate terms of agreements for fruitful deals at an international level
  • Increased understanding and awareness of fiscal policy and ability to compare fiscal systems for effective decisions
  • Enhanced understanding and experience to rightfully predict all challenges and address them early enough into planning

Who Should Attend

  • Managers and supervisors of various functions across the upstream supply chain
  • Executives and professionals actually performing activities across various functions in upstream operations
  • Core members of an organisation who need to thoroughly understand upstream oil and gas operations to make informed decisions
  • Contract managers and negotiators responsible for framing and closing contracts successfully
  • Quality managers as well as internal and external auditors responsible for ensuring adherence to international standards
  • Legal advisors who need to provide guidance on legal considerations and laws of party nations
  • Tax and finance officers responsible for providing financial advice to the senior management about investments and costs
  • Potential investors who should thoroughly understand upstream oil and gas operations of an organisation before making investment decisions
  • Any other professional interested in knowing more about global upstream oil and gas operations

Course Outline

The course covers the following areas regarding global upstream oil and gas operations:

Module 1 – Characteristics of Upstream Oil and Gas Business

  • High risk, high return
  • Highly regulated
  • Impact by global politics
  • Technology intensive

Module 2 – Sectors Within the Upstream Industry

  • Offshore drilling
  • Oil sands mining
  • Supply and service
  • Manufacturing
  • Seismic surveys
  • Geological surveys
  • Reclamation

Module 3 – Components of Upstream Oil and Gas Operations

  • Exploration
  • Drilling
  • Production

Module 4 – Critical Actions for Oil and Gas Companies

  • Technical standardization and de-averaging
  • Organisational rightsizing
  • Improved workforce efficiency
  • Supply chain partnering and re-negotiation
  • Maintenance optimisation
  • Organisation of aviation, trucking and marine logistics
  • Greater cooperation with other industry players
  • Streamlining real estate, support service and overhead costs

Module 5 – Success Factors of Upstream Oil and Gas Operations

  • Ample spare capacity through the supply chain
  • Service sector collaboration
  • Improved project management
  • Greater corporate discipline
  • More contracts with preferred partners than bids
  • Reduced scope

Module 6 – Asset Screening Criteria for Upstream Operations

  • Technical considerations
  • Financial considerations
  • Geopolitical considerations

Module 7 – Features of Upstream Oil and Gas Contracts

  • Bidding and tendering
  • Drafting production sharing contracts
  • Drafting agreements for farm-ins and farm-outs

Module 8 – Challenges in Upstream Operations

  • Remote geographic location
  • Transportation
  • Inventory management
  • Project supply chain challenges
  • Inbound supply chain challenges
  • Outbound supply chain challenges
  • Remote worker supply chain challenges
  • Emergency supply chain challenges

Module 9 – Political Environment Regulations Impacting Oil and Gas Operations

  • Political instability
  • Laws and regulations
  • Price controls and tax regimes
  • Forced divestiture of property
  • Respect for contracts
Note
Customized Schedule is available for all courses irrespective of dates on the Calendar. Please get in touch with us for details.
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