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The 10-Day International Petroleum Management

An Interactive 10-Day Training Course

The 10-Day International Petroleum Management

Energy Economics, Project Evaluation and Decision-Making Skills

NASBA
Classroom Schedule
Date Venue Fees
31 Aug - 11 Sep 2026 Houston $ 15,900
16 - 27 Nov 2026 Dubai $ 11,900
14 - 25 Dec 2026 London $ 11,900

Introduction

Oil and gas are considered among the world's most critical resources and therefore play a pivotal role in driving the global economy. The exploration, production, refining, and distribution of oil and gas involve the most complex and capital-intensive processes and require state-of-the-art technology.

This accelerated GLOMACS 10-day International Petroleum Management training course has been designed to enable participants to learn more about oil & gas production technologies, the chemistry of petroleum and the refining processes, the oil & gas exports and imports business, and best business practices.

This international petroleum management training seminar will provide a more efficient understanding of the international oil and gas business value chain.

The delegates will also learn:

  • The critical success factors of oil & gas operations – Seismic, wireline services, drilling, fracturing, well completion, production and processing for export
  • Recoveries through the primary, secondary and enhanced oil recovery techniques
  • Shale oil and gas production potential in different regions of the world
  • Renewable energy sources and their comparative costs
  • Energy economics, project evaluation and decision-making skills
  • Crude oil and gas supply, transportation, marketing, trading and storage

Objectives

To provide delegates with the understanding, knowledge and strategies that oil & gas management must make for success.

By the end of this GLOMACS training course, delegates will be able to:

  • Have an understanding of the ways the oil & gas and energy industries have organized to operate effectively and efficiently
  • Recognize the latest Game-changing technologies – seismic, well logging, horizontal drilling, fracking, gas to liquid, etc.
  • Distinguish the renewable sources of energy and the future trends in Solar, Wind, Wave, Hydro, Geothermal, Nuclear, and the methodology to compare the costs of energy of each source
  • Understand the benefits of integrating refineries with petrochemicals
  • Gain an understanding of the ways the oil and gas industries have organized to operate effectively and efficiently

Training Methodology

This GLOMACS practical training course is a highly interactive stimulating learning experience, with opportunities to advance the opinions and ideas of the delegates. Participation is encouraged in a supportive environment that ensures the concepts introduced during the training course are understood and reinforced. This is achieved through a mix of learning methods, including lecture style presentation, open discussion and case studies.

PowerPoint slides and videos will be used during the training course and will be augmented by business case studies and facilitated discussions. The delegates will be engaged and encouraged to exchange ideas. Short videos will also be used to reinforce specific technical and operational points and to relate the material to real-world experience.

Who should Attend?

  • Corporate Planners
  • Senior Oil and Gas Managers
  • Earth Scientists and Engineers
  • Investment Bankers and Fund Managers
  • Investment Analysts
  • Media Analysts and Commentators
  • Government Agencies - Regulators
  • Anyone requiring a broad understanding of the structure, operations and economics of the oil and gas industries
Course Outline
Day 1

Sources, Origin and Nature of Petroleum

  • Introduction
  • Industry Overview
  • Chemistry of Fossil Fuels
  • Origins of Hydrocarbon Deposits
  • Basic Petroleum Geology
  • Exploration Methods & Activities
Day 2

Well Evaluations & Drilling Operations & Reservoir Management

  • Types of Wells
  • Well Evaluations
  • Drilling Operations
  • Well Completions
  • Oil & Gas Reserve Estimates
  • Volumetric Calculations – Original Oil & Gas In-Place
  • Reservoir Depletion Mechanisms
  • Declining Curve Analyses
  • Case Study: Oil Reserves Estimation
Day 3

Conventional & Unconventional Production

  • Unconventional Oil & Gas
  • Shale Oil & Gas, Tight Gas, and Heavy Oil Recovery
  • Oil Recovery Methods
  • Primary, Secondary and Tertiary
  • Enhanced Oil Recovery Techniques
  • Reservoir Management – maximize ultimate recovery of oil
Day 4

New Oil & Gas Field Development and Economic Evaluation

  • Typical Decision Yardsticks
  • Petroleum Economics Analysis
  • Net Present Value
  • Internal Rate of Return
  • Profitability Index
  • Unit Tech Cost
  • Economic Limit
  • Case Study: Oil and Gas Field Development Economic Evaluation
Day 5

Oil & Gas Contracts & Joint Ventures

  • Need for Collaboration between Parties – NOC’s and IOC’s
  • Alignment of Interests
  • Oil & Gas Contracts
  • Types of Contracts
  • Concession Agreements
  • Production Sharing Agreement / Contract (PSA / PSC)
  • Technical Service Contract / Agreement (TSA)
  • Joint Venture and Service Agreements
Day 6

Petroleum Fiscal Regimes

  • Comparison of Fiscal Regimes
  • Auction Theory and Methods
  • Similarities among Fiscal Systems
  • Accounting Aspects of Fiscal Systems
  • Division of Revenues and Profits
  • Concession
  • Concession Rentals
  • Unitisation Agreements
  • Royalties
  • Profit Tax
  • Corporate Tax
  • Ring Fencing
  • State Participation
  • Signature Bonus
  • Production Bonus
  • Bidding for Leases
Day 7

The Chemistry of Petroleum and the Refining Processes

  • Crude and Product Quality
  • Crude oil Refining Operations
  • Crude Oil Fractions
  • Crude Oil Refinery Products & Processes
  • Refinery Configurations - separation, conversion and treatment
  • Refining Complexity
  • Pipelines
  • Storage
  • Treatment & Blending
  • Utilities
Day 8

Refining Economics – Environmental Aspects

  • Refinery Economics
  • Benefits of Integrating with Petrochemicals
  • Global Oil Reserves, Production & Trade Movements
  • Crude Oil and Refining Gross Product Worth (GPW)
  • Freight
  • Netback and Refining Margin
  • Vessel Chartering
  • Environmental Aspects
  • Case Study: Netback Pricing Calculation
Day 9

Oil & Gas Exports and Imports Business

  • Organization of Petroleum Exporting Companies (OPEC)
  • Other International and Multi-national Organizations
  • International Energy Agency (IEA)
  • Oil Markets – Crude Pricing Regimes
  • Transportation Logistics – Pipelines, Terminals and Storage
  • Crude Oil Tankers
  • World’s Major Pipelines
  • World’s Major Terminals, Refineries
  • Transportation Logistics – Losses
  • Bottle necks and Chokepoints
Day 10

Pricing, Trading, Markets, Risk Management

  • Crude oil Benchmarks
  • Crude Price Assessment
  • Oil Trading
  • Total Barrel Economics
  • Oil Markets – Futures
  • Exposure – Price
  • Hedging – Risk Management
  • Pricing Management Considerations
  • Derivatives
  • Course Summary
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

Options & Brochure
Related Categories
Oil and Gas
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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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