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Oil and Gas Field Operations, Supply and Safety » OG46

Oil and Gas Field Operations, Supply and Safety

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DateFormatDurationFees
27 May - 31 May, 2024Live Online5 Days$2250Register
12 Aug - 16 Aug, 2024Live Online5 Days$2250Register
18 Nov - 22 Nov, 2024Live Online5 Days$2250Register
DateVenueDurationFees
15 Apr - 19 Apr, 2024Dubai5 Days$4750Register
13 May - 17 May, 2024Dubai5 Days$4750Register
24 Jun - 28 Jun, 2024Dubai5 Days$4750Register
29 Jul - 02 Aug, 2024Dubai5 Days$4750Register
26 Aug - 30 Aug, 2024Dubai5 Days$4750Register
02 Sep - 06 Sep, 2024Dubai5 Days$4750Register
07 Oct - 11 Oct, 2024Dubai5 Days$4750Register
04 Nov - 08 Nov, 2024Singapore5 Days$5695Register
04 Nov - 08 Nov, 2024Dubai5 Days$4750Register
23 Dec - 27 Dec, 2024Dubai5 Days$4750Register

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Course Overview

What are the hazards in oil and gas industry?

Oil and gas wells and fields are often faced with numerous and various risks. The supply chain is also actively working every day to maximize the customer values and, in return, attain a sustainable competitive advantage against any existing competition. Supply of oil and gas shall cover everything that is involved in the product development, drilling, sourcing, production, and in between logistics, as well as the information system installed or utilized to coordinate these supply channels. The companies that are involved in the operations, supply, and safety of any oil and gas products have to develop, run, and sustain channels in the most efficient and effective ways possible.

What is safety in oil and gas?

Safety risks in the oil and gas field can be both external and internal and have a very impactful effect on the demand for these products in the world economy. With this in mind, competing technologies have been on the rise to compact both internal and external factors that pose risks to the fields. The supply chain of oil and gas products can only be protected by correctly identifying all the risks involved with the operations and production of any petrochemical products.

Companies that make up the supply chain of the petrochemical products are linked together through the processes, channels and also physical flows of information between them. There are various physical flows that are involved in the transformation, movement, and correct storage of all the products. These are the most visible pieces that make up the supply chain of petrochemical products. They allow for various partners to coordinate their plans, terms, and control daily activities that are undertaken to ensure there is a continuous flow of products and materials up and down the chain.

This course will be highlighting the following:

  • Evaluating supply chain risks and different methods to ensure safety
  • How to work with various suppliers involved in the production and transportation of oil and gas
  • Appreciating the complexities of the supply chain of oil and gas products
  • Implement supply chain improvements that will be utilized in the oil and gas industry
  • Critical understanding of the planning and risk management that goes into oil and gas industry
  • Use of contractual terms and conditions to allocate risk

Course Objectives

  • Continually review the risk and management techniques during the life cycle of a contract
  • Use various techniques to identify and assess risks involved in the oil and gas industry
  • Implement various contract types to change risks
  • Offer an insight into risk in supply chain
  • Use an inventory strategy to increase cash flow
  • Apply changes in the organisation to save on operational costs
  • Understand operations in the oil and gas field

Training Methodology

The train methods that will be used to deliver this course include discussion and lectures. All the facilitators of this course are authoritative industry best personnel who will be providing hands-on experience across oil and gas industries. Case studies and real-life challenges will be used to illustrate and help in understanding concepts. All participants are encouraged to be interactive during this course to utilize the resources available fully. This specialised course, like all our programs follows the ‘Learn-Do-Review-Apply’ model of understanding new concepts.

Organisational Benefits

Organisations that will let their professionals take this course will be able to benefit in the following ways:

  • They will be able to plan and avoid or reduce the disruption of operations, which can result in a costly shutdown, loss of production, and minimize the expensive expediting
  • They will be able to reduce the production cost and support their production well to enhance profitability and efficiency
  • Become credible in the field of oil and gas
  • Understand what motivates key stakeholders in the oil and gas field
  • Understand supply chain operations, safety, and operations in regard to oil and gas
  • Work towards kaizen principle of continual improvement

Personal Benefits

Participants who will be taking this course stands to gain, enhance, and learn to apply themselves and their skills in their various workplace, and this course will help them to:

  • Thoroughly comprehend and understand the current supply chain operations of oil and gas
  • Make continual improvement to their careers
  • Examine how to mitigate risks that might be known and predicted in the oil and gas operations
  • Assess risks and vulnerability in the oil and gas field operations
  • Apply appropriate and modern technology to make financial savings
  • Equip them with the skill set to anticipate, then manage risks that can easily lead to bigger problems in an organisation.

Who Should Attend?

  • Risk, claims, audit personnel, and financial officers
  • Contracts, project personnel, purchasing officers, and procurement personnel
  • Supply chain professionals who are working in the oil and gas industry
  • Safety adherence officers
  • Sourcing professionals
  • Production and manufacturing professionals
  • Anyone else who is involved in the evaluation, planning, preparation, operations, management, specifications, tendering, awarding, and contracts
  • All who need an understanding of the relationship between risk, cost, and operations of oil and gas field

Course Outline

Module 1: Managing inventory effectively

  • Different types of inventories
  • Improving cash cycle time
  • Improving supplier relationship management
  • Savings through inventory management
  • Maximizing inventory turns
  • Cooperating with customers and suppliers

Module 2: The supply chain

  • Definition of supply chain
  • Proportionality of control
  • Segmenting the oil and gas supply chain and procurement
  • Definition of risk in oil and gas field and operations
  • Risk assessment process

Module 3: Managing outsourcing

  • Defining outsourcing
  • Appreciating cost/service trade-offs
  • Making sure that you are not paying excess to outsource contracts
  • Understanding well how to determine the performance of a contract

Module 4: Dealing with risk

  • Labour disputes and other risks associated with individuals
  • Financial risks
  • Political risks
  • Economic risks
  • International relation risk
  • Environmental risks

Module 5: Reducing risk

  • Prioritisation of risk in the supply operation
  • Risk identification in internal supply chain risks
  • Using SWOT and PESTLE models
  • Understanding the principles of risk management
  • Risk management and planning through having contingencies plan

Module 6: Preparing for risk

  • Force majeure
  • Action planning and following through
  • Risk registers
  • Disaster recovery
  • Types of contracts in oil and gas operations
  • Insurance used in oil and gas
  • Contract breach
  • Indemnities
  • Contractual remedies

Module 7: Nature of risk

  • Introduction to nature of risks
  • Relationship and risk ownership
  • Stakeholders in risk
  • Risk management tools
  • Risk of insurance

Module 8: Improving oil and gas operation

  • Using suppliers and customers to improve oil and gas operation
  • Minimising risk by re-engineering the oil and gas operation
  • Measuring the performance of the oil and gas operation
  • Ensuring the organisation develops a continuous improvement plan
  • Identifying gaps in performance
  • Processes in the supply operation
  • Appreciating the oil and gas operation upstream and downstream
  • Working with suppliers and customers

 

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