The leading oil and gas industry overview of exploration to commercialisation and everything in between
Apply by st 1 March 2013 to SAVE £150/US$240
Fundamentals of
OIL&GAS Exploring the industry from upstream exploration and production to downstream refining, marketing, retailing and beyond
SAVE up to 40% and improve performance with cost-effective in-company courses call +44 (0)20 7017 4455 or email ct@informa.com
Delivered by PART-TIME Distance Learning over 12 weeks - COMMENCES 15TH april 2013
Course Programme n n n n n n
COURSE DIRECTOR:
David A. Wood PhD I ntroducing Oil and Gas - Overview and Industry Segments Principal Consultant, DWA Energy Ltd Finding Oil and Gas - Reservoir Characteristics and Exploration The course’s in-depth analysis of the Oil and Gas Extracting and Processing Oil and Gas - Drilling, Production industry is awesome. It self-teaches and is both easy to and Optimising Recovery read and to understand Oil Refining and Gas Treatment - Refining, Storage and (Akinsola Abegunde, Business Manager, Global Offshore Gases Ltd) Transportation Selling Oil and Gas - Markets, Trading, Risk, Margins and Well-constructed and designed to make one think (David Brown, General Manager, GL Noble Denton) Stocks Managing Oil and Gas - Risks, Opportunities, Organisations and the Future
Ideal n E xperts seeking a broader knowledge of the oil, gas and energy industry and markets for:
nE xploration, engineering, production and refining personnel seeking wider understanding nG overnment civil servants, industry bodies and development agency personnel nA nalysts, traders, marketing, sales, public relations and retail experts
CEUs 2.1
n Ships’ officers, vessel managers and port operators related to the sector n New recruits to the oil, gas and energy industry Supported by:
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+44 (0)20 7017 7636 +1 (646) 957 8929
Visit: www.ibc-academy.com/fog Email: ibc-academy@informa.com This brochure has been produced using environmentally friendly paper sourced from sustainable forests and is chlorine free
FUNDAMENTALS OF OIL & GAS Dear Colleague, Oil and gas are amongst the most important natural resources we have. Aside from providing the majority of our energy, petroleum is used to create countless products upon which we rely in every part of our lives. It is not surprising, then, that the oil and gas industry is a principle driver of the global economy. This unique distance learning course provides you with a comprehensive grounding in all aspects – upstream to downstream - of the industry. In six highly detailed modules you will: • Understand the mechanics behind the distribution of petroleum resources and the organisations that constitute the industry • Learn about the latest techniques used to detect and assess the commercial viability of deposits • Explore the dynamics of the extraction process and the technologies used to process, store, transport and refine oil and gas • Analyse the processes of selling, trading and marketing gas and petroleum products • Evaluate the environmental and geopolitical risks and opportunities, and assess the industry’s future The systems and processes used to produce and commercialise oil and gas are varied and complex, involving large amounts of capital, state-of-the-art technology and vast numbers of skilled personnel serving supply chains that span the globe. The oil and gas industry also poses significant and diverse risks and opportunities for those organisations working along its supply chains. Detailed, industry-wide knowledge will give you an invaluable global perspective, helping you avoid the pitfalls and make the most of opportunities. With the flexibility of learning in your own time and environment, you can be part of a broad range of people who will benefit from studying this essential course. re you just starting in the industry and need a comprehensive introduction •A to every aspect of oil and gas? •P erhaps you already work in one segment of the value chain, and would like to gain a more global understanding of your industry? r are you changing roles and seek a deeper knowledge of an unfamiliar •O field? Whatever your motivation, people working both within and alongside the sector will benefit from a clear overview of this complex and far-reaching industry. The unique blend of self-directed learning, expert tutorial support and peer interaction via a dedicated online forum will ensure thorough, accurate and up-todate knowledge of oil and gas essentials, wherever you are in the world.
David A. Wood PhD Course Director
WHY STUDY WITH IBC ACADEMY? IBC Academy is a leading global organisation in professional training. Since 1998 we have been delivering high quality training, education and qualifications in partnership with universities, associations, industry bodies and educational consultants. IBC Academy provides cutting edge distance learning courses for individuals and companies; instructor led training, on-line learning and blended solutions for in-company corporate training; and educational support services to the academic and commercial sectors. Designed for professionals who have an eye on career development, or companies wishing to implement highly effective corporate training programmes, all IBC Academy courses focus on achieving the perfect synergy between theoretical knowledge and practical application, whilst being aligned to industry specific needs and the study requirements of busy working professionals. IBC Academy enrols thousands of individual students a year to publically offered distance learning courses, as well as thousands more on our global in-company programmes. Study with IBC Academy and you can be assured of a learning experience that is cutting edge, industry relevant and instantly applicable. Visit www.ibc-academy.com for a full list of currently enrolling courses. IBC Academy is part of IIR Ltd and Informa plc, the leading international provider of specialist information and services for the global academic and scientific, professional and commercial business communities. If you want to discuss our courses or are an education or training provider that wishes to work with us, contact Chris Atwell on +44 (0)20 7017 4497 or email chris.atwell@informa.com.
COURSE DIRECTOR David A. Wood PhD
Dr. David Wood has more than thirty years of international oil and gas experience spanning technical and commercial exploration and production operations, midstream and downstream projects, contract evaluation and senior corporate management. His early experience includes Phillips Petroleum, Amoco (Africa, Europe and UK), Lundin Oil (South America, Africa, Middle and Far East) and several smaller international companies. In the 1980’s and 1990’s, David was based for three years in Colombia, four years in Dubai and seven years in the UK as Managing Director (Candecca Resources Limited / Morrison Middlefield) for a portfolio of North Sea and onshore UK oil and gas assets. That role involved responsibility for the operation of several producing oil and gas fields, a staff of more than 100, 3D seismic acquisition, drilling of 35 horizontal wells and extensive asset and corporate acquisition and divestment activity. For the past decade he has worked as an independent international consultant, training provider and expert witness. He has published an extensive body of work on diverse energy topics including: international energy markets, performance modelling of fiscal designs, petroleum economics and risk analysis, sustainability and renewable energy, enterprise risk and portfolio management, LNG, GTL, gas storage and supply, deepwater exploration and production techniques, corporate performance, energy strategy, geopolitics, mergers and acquisitions, negotiations and project management David is also actively involved in a range of professional training, research, publication and development programmes and is the assistant editor-in-chief of the Journal of Natural Gas Science & Engineering.
HOW DOES THE COURSE WORK? A pplications: Visit the course webpage www.ibc-academy.com/fog to enrol online. Do not delay your application – you may qualify for an early enrolment discount, and some courses have a maximum number of participants. Our online application form also securely accepts payment by credit card in either £, $ or €. onfirmation of Enrolment: You should receive confirmation of your C place within 5 working days, and an invoice for the fees if you did not pay on application. Please pay fees promptly or you may lose your place. ourse Start Date: We will send you your unique username and password C plus full details of how to access our secure online learning environment during the first day of the course. Your online classroom will be accessible from anywhere you have an internet connection. Each module workbook can be accessed online or downloaded and saved/printed if you prefer working from paper, or want to study on the move. tudy: Plan your study time and location to suit your own preferred learning S style. Work though the learning narratives in the detailed workbooks, undertaking the online and offline directed learning activities, exercises and further reading indicated. utorials: When you have questions, answers, personal opinions or T experiences to add, have answers to directed learning activities or need further advice, visit the online course tutorial forum to post your discussion to the course director and your fellow students. You can access the tutorial forum at any time when you are online plus, to make your study as easy as possible, we’ll send you a daily round-up of tutorial activity. Make sure you take full advantage of the unique access you gain to our expert industry course tutors. A ssessment: Each study module ends with an online test for you to check your learning. Take the test online and receive instant feedback. If you fail the test return to the module and revise the relevant sections. You can then retake the test, although the questions will have changed. Completion: Once all modules have been studied and the online tests passed, you will be sent a certificate of completion from IBC Academy as recognition of your study and for CPD purposes.
What’s best about our distance learning? 4A ccessible – 24/7 availability from wherever you have an internet connection 4 Flexible – take control of where, when, how and the rate at which you study 4P rofessional – industry leading course directors and tutors uality – study the same course used by corporations for internal training 4Q 4P ractical – packed with examples and illustrations 4T ime effective – specially designed for busy working participants 4 I nteractive – use our online tutorial forum to ask questions and share knowledge 4N etwork – with tutors and like-minded professionals from around the world 4W ork smart – learn without time away from home or work 4S ave money – no additional travel or accommodation costs 4C areer enhancement – boost your CV and promotion potential 4D etail – retain industry leading course materials for later reference
COMPANIES THAT HAVE ALREADY BENEFITED FROM IBC ACADEMY’S OIL AND GAS TRAINING PROGRAMMES INCLUDE: Acergy Services Ltd • Alldeco S R O • A. P. Moller Maersk • Ariel Reinsurance • AXA Corporate Solutions Assurance • Barbados National Oil Co Ltd • BG Group • BOC Gases • Boskalis Offshore • BP • Brewin Dolphin • British Pipeline Agency Ltd • CB&I • Chevron Texaco • Cybernetics International Services Limited • Daewoo Nigeria Ltd. • Distrigas • Eco & Partner Consult Limited • Enereco • Energia Ltd • E.ON Ruhrgas • Ernst & Young Pvt Ltd • ESSO Exploration Angola Ltd • Fugro Ltd • Fugro Norway Marine Services AS • Gaslink Nigeria Ltd • Gasunie • Germanischer Oil & Gas • GL Noble Denton • Global Offshore Gases Nigeria Limited • Helix Energy Solutions BV • Herbert Smith LLP • HSBC • Industry Canada • Inform Information Systems Ltd (IIS) • Jan De Nul Group • Jdora Ug Ltd • JOGMEC • Johnson Controls Global • JP Morgan Chase • Kinell Services Ltd • Law Development Centre • Leighton Offshore Pte Ltd • Lion Petroleum Pty Ltd • Lloyd’s Register • Middle East Economic Survey • Maersk Oil • MR Offshore Navigation • MRS Oil and Gas Co. Ltd • Münchener de Colombia S.A • Nabors Drilling International Ltd • National Grid Plc • Nexen Petroleum UK Ltd • Oil Spill Response Ltd • Omer Malonga Law Office • Oryx Oil Company Ltd • Petrasco • Petron Corporation • Phoenixtide Offshore Nigeria Ltd • Pipeline Integrity Engineers • Principia • Qatar Gas • Qatar General Petroleum Corporation • Qatar Petroleum • Refining Directorate • Sasol Technology • Saudi Arabian Texaco Inc • Shell Petroleum • Siemens Ltd • Single Buoy Moorings Inc • Songa Offshore SE • South Trinidad Chamber of Industry and Commerce • SPT Group • Statoil Asa • Subsea 7 • Suez-Tractebel• Technetics Group • Validus Reinsurance Ltd • Wheeldots Express Logistics Services • Windsor Brokers Ltd
Tel: +44 (0)20 7017 7636 / +1 (646) 957 8929 Email: ibc-academy@informa.com
Distance learning is a flexible, cost-effective way of studying without the need to take time off work or away from home I ntroducing Oil and Gas - Overview and Industry Segments
• The origins of oil and gas and how they are formed • Types of petroleum: conventional and unconventional • Sedimentary basins and the dynamic nature of Earth’s crust • Concepts of finite resources and limitations on recovery • Global distribution of fossil fuels and Organization of Petroleum Exporting Countries (OPEC) resource endowment • Industry overview and segments • Components that constitute natural gas • Uses and markets for oil and gas • Role of government agencies in the oil and gas industry • Introduction to the supply and value chain: upstream to downstream • Organisations involved along the supply chain • Distinct economic issues for oil and gas supply chains
• Organic chemistry of petroleum relevant to refining • Transporting and storing crude oil: pipelines and tankers • Refining oil: historical and geographic trends • Characteristics of refined petroleum products • Refinery configurations and processes • Distilling, cracking, reforming, blending, treating • Supply and demand trends and markets of petroleum products • Refinery margins and crack spreads • Transporting and storing gas: pipelines and other methods • Underground gas storage (UGS) • Refining gas and gas to liquids (GTL) technologies • Gas processing and treatment: dehydrating, sweetening • Natural Gas Liquids (NGL) and Liquefied Petroleum Gas (LPG) extraction from natural gas • Liquefied Natural Gas (LNG) • New potential sources of LNG supply – North America and East Africa • Gas to power: combined cycle gas turbines (CCGT) • Petroleum product and natural gas distribution networks
F inding Oil and Gas - Reservoir Characteristics and Exploration
• An introduction to petroleum geology • Defining and calculating resources and reserves • Assessing exploration chance of success • Reservoir characterisation, performance and engineering • Conventional and non-conventional petroleum resources • Shale gas, tight gas sands and coal bed methane • Shale oil, oil sands and bitumen • Exploration and prospecting: broad surveying techniques • Remote detection methods • Seismic and other geophysical surveying technologies • Exploration and appraisal drilling • Types of borehole and reasons for drilling them • Types of exploration and production contract and fiscal system • Accounting for risk • Economics of exploration: financing, time value and expected value
E xtracting and Processing Oil and Gas - Drilling, Production and Optimising Recovery
• Well planning and design • Authority for expenditure (AFE) • Subsurface pressure and temperature • Hole sections and well trajectory • Deviated and horizontal drilling • Types of drilling rigs, systems and equipment • Drilling procedures, problems and remedies • Blowout preventers (BOPs) and blowout contingency planning • Wireline logging and measurement while drilling (MWD) • Production engineering • Allocation of historical production to reservoirs and wells • Production technologies • Marine operations • Fixed and floating production facilities (including FPSOs) • Subsea technologies • Well completion • Artificial lift and reservoir stimulation • Enhanced oil recovery (EOR) techniques • Typical timings and costs
Oil Refining and Gas Treatment -
Refining, Storage and Transportation
• Crude oil evaluation and classification • Compositional differences between light and heavy crude oil
Selling Oil and Gas - Markets,
Trading, Risk, Margins and Stocks
• Global markets and key players • Physical and paper trading markets • Market segments: wholesale and retail • Aviation fuels, marine bunker fuels and lubricants • Spot and term sales • Benchmark prices and formula pricing • Brent, WTI and Dubai crude benchmarks • Contango and normal backwardation market conditions • Commodity exchanges, electronic trading and over-the-counter (OTC) trades • Trading instruments: forwards, futures, swaps and options • Hedging from various supply chain perspectives • Margin swaps and collar hedges • Risk management in trading and exploiting arbitrage opportunities • Retail fuel marketing and distribution logistics • Network analysis of retail fuel sites: location and facilities • Retail fuel margins and non-fuel margins from convenience stores at fuel stations • Biofuels (ethanol and biodiesel) and road transport fuel markets • Fuel station pump technology and process • Oil inventories and strategic stocks
Managing Oil and Gas - Risks,
Opportunities, Organisations and the Future
• Geopolitical risks and opportunities • Techniques for quantifying political risks • Environmental and sustainability issues • Gas flaring, emissions and contamination • Prudent operators and best practice • Triple bottom line approach to decision making • Industry and regulatory bodies • Organization of Petroleum Exporting Countries (OPEC) • Gas Exporting Countries Forum (GECF) • International Energy Agency (IEA) • Legal concepts and contractual frameworks • Sole risk and non-consent • Farmout and joint venture arrangements • Dispute resolution and arbitration • Fiscal elements and designs • Production sharing and mineral interest systems • Cost recovery from government and producer perspectives • Future of energy: challenges and opportunities • Trends in uses of energy and per capita energy intensity • World primary energy mix and substitutes for oil and gas • Forecasts for fossil fuels and the primary energy balance to 2050
I N-COMPANY TRAINING istance learning, face-toD face workshops, webinars and blended delivery Cut costs while improving performance Ensuring a good return on your training investment is critical for all our clients and, whether delivered by distance learning or instructor led workshops, IBC Academy delivers the best training, at a competitive price and from a reliable partner. IBC Academy delivers all three and you can save up to 40% on your local, regional and global training investment. Many organisations have realised that IBC Academy’s programmes offer so much more than conventional training courses – whether it’s for graduate intakes, needs-led coaching, supervisor and management training or boot camps. There are a number of reasons why, including: 4 Working intensely to understand our clients’ business issues to deliver the highest added value 4 Improving employee skills, knowledge and performance, helping to accelerate development and building organisational capability 4 Advancing our clients’ global knowledge sharing and collaboration 4 Developing team based learning and internal networks which support workforce development 4 Delivering instructor led workshops or webinars focused on a client’s particular business challenges 4 Developing courses with practitioners, for practitioners, with a focus on practical skills and knowledge 4 Implementing blended solutions which incorporate online learning platforms, including hosted corporate learning environments 4 Delivering at your location anywhere in the world 4 Supporting our clients consistently for over 15 years, offering a secure, trustworthy and low risk solution You are welcome to place individual students or groups on any of our publically advertised distance learning courses, or for larger groups we will deliver to your individual requirements, including blended delivery solutions, customised assessments, flexible timescales and dedicated support for learning and development managers. To find out more about the benefits of Corporate In-Company Training call +44 (0)20 7017 4455 or email ct@informa.com.
ELATED DISTANCE LEARNING R COURSES INCLUDE: • • • • • • • • • • •
Exploration & Production Logistics F PSOs Gas & LNG Contracts & Pricing Global Energy LNG M arine Drilling O ffshore Field Development O il & Gas Agreements O il & Gas MBA (with Middlesex University) Petroleum Economics P ipeline Engineering, Construction & Operations •S ubsea Engineering For a full list of our training courses visit us online at www.ibc-academy.com or email ibc-academy@informa.com
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FUNDAMENTALS OF OIL & GAS
VIP CODE: HA101
DELIVERED BY DISTANCE LEARNING OVER 12 WEEKS
LR0057LNKD
Commences 15th April 2013
IBCA/SD/KR/JH/TR/TR
Course Code
5 EASY WAYS TO REGISTER
FLR2358
www.ibc-academy.com/fog
A comprehensive grounding in all aspects of oil & gas in 12 weeks
It’s quicker to apply online at www.ibc-academy.com/fog which also securely accepts credit card payment with your application. For security purposes you must not state your credit card number via email, mail, fax or voicemail as this ensures that your payment details are never stored on our systems.
STEP 1: WORK OUT THE PRICE – Please tick option Fundamentals of Oil & Gas
Book on or before 1st March 2013
Book after 1st March 2013
UK Individual or UK Company
£1399 + VAT @ 20% (£279.80) = £1678.80
£1549 + VAT @ 20% (£309.80) = £1858.80
EU Individual or EU non-VAT Registered Company
£1399 + VAT @ 20% (£279.80) = £1678.80
£1549 + VAT @ 20% (£309.80) = £1858.80
EU VAT Registered Company (VAT number must be quoted in Step 2 below to qualify)
£1399 (No VAT to pay)
£1549 (No VAT to pay)
£1399 (No VAT to pay) or US$2240 (No VAT to pay)
£1549 (No VAT to pay) or US$2480 (No VAT to pay)
Individual or Company outside the EU
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TTN: Janine Hamilton A IBC Academy 4th Floor, Maple House 149 Tottenham Court Road London W1T 7AD UK
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TERMS AND CONDITIONS
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IBC Academy is part of IIR Ltd Registered in England No 1835199. Registered Office: Mortimer House, 37-41 Mortimer St, London W1T 3JH. VAT Registered No. (GB) 365 4626 36
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4. PARTICIPANT CANCELLATION POLICY You may cancel your place on the Course by giving notice in writing to the Course Administrator up to (and including) 7 days from the date IBCA confirms your acceptance to the Course in accordance with Condition 1 and you will not be liable for the payment of any fees and any fees already paid to IBCA for the Course will be refunded. If IBCA receives your notice of cancellation 8 days or more from the date IBCA has confirmed your acceptance to the Course you will still receive a refund of your fees already paid to IBCA, subject to payment by you to IBCA of a £175 cancellation fee to cover administrative costs (which shall be payable immediately upon your cancellation), provided such notice of cancellation is received by IBCA before the first day of the Course. IBCA regrets that no refunds can be given for any cancellation notice it receives on or after the first day of the Course and, in such circumstances, the full fees remain payable by you to IBCA. 13. DATA PROTECTION AND CALL MONITORING Personal data supplied is subject to the Data Protection Act 1998. The personal information shown on the application form, and/or provided by you, will be held on a database and may be shared with companies in the Informa Group in the UK and internationally. This information may be used for direct marketing purposes. If you do not wish your details to be available to companies in the Informa Group, please contact the Database Manager, Maple House, 149 Tottenham Court Road, London W1T 7AD, UK, tel: +44 (0)20 7 017 7077, fax: +44 (0)20 7 017 7828, email: integrity@iirltd. co.uk. Occasionally your details may be obtained from, or made available to, carefully selected external companies for marketing purposes. If you do not wish to receive details about their products and services, please contact the Database Manager. Registered in England No.1835199. VAT registration number GB 365 4626 36. IIR Ltd. Registered office: Mortimer House, 37-41 Mortimer Street, London W1T 3JH, UK. Telephone calls to IIR Ltd may be recorded or monitored to check the quality of the service provided.