PETROLEUM PROJECT MANAGEMENT: PRINCIPLES AND PRACTICES- 5 days

Transcription

1 PETROLEUM PROJECT MANAGEMENT: PRINCIPLES AND PRACTICES- 5 days Running a successful petroleum operation requires a blend of technology, business savvy, and people skills. If you already have a firm grasp of exploration or production technology, learn to amplify its effectiveness with applied project management techniques. This course is aimed at helping technical personnel make the best business decisions - decisions that lead to lowest project cost while still meeting all production or exploration goals. Petroleum Project Management covers the principles and application of project management to the upstream oil and gas business. Participants may choose a case study from a number of real-life exploration, production, facilities, and general management situations, or they may bring the details of one of their own current projects. Because of this experience with practical situations, participants can use these project management principles their first day back on the job. This course includes the use of computers, which are provided at additional cost, for each two participants; or participants are invited to bring their own laptop. Who is this course for? Exploration, production and management personnel interested in applying project management techniques to their operations (Facilities engineers are referred to Project Management for Engineering and Construction). At the end of the course you will be able to Properly define a project s scope. Use project management tools to create a project schedule to meet goals, deliverables and resource constraints. Use practical tools to identify and manage a project s risks. Manage a project team. Organize your project to capture lessons learned. The project management process Scope definition Scheduling tools Manpower resources Project risk management Learning, continuous improvement and quality management in projects Project team management Case studies and exercises

2 OFFSHORE RISK MANAGEMENT - 4 days The application of risk management principles will help improve safety particularly the number and severity of major events. However, this course goes beyond pure safety. Given the massive investments that companies are making in areas such as deepwater and Arctic projects, the proper application of risk management techniques can reduce the likelihood of catastrophic economic loss or of creating a major environmental problem. Who is this for? Managers, operators, design engineers, regulators and safety specialists who are responsible for the safe, clean and profitable design and operation of offshore oil and gas facilities. Develop and implement a risk management program for all phases of offshore oil and gas work Understand how to identify hazards, determine consequence and likelihood, and determine overall levels of risk (safety, environmental and economic) Understand the role of regulations and industry standards, including BOEMRE, Safety Cases and the American Petroleum Institute Apply the concepts presented to the real-world events that are presented as case studies Prepare a Safety Case Conduct a Formal Safety Assessment Understand the twelve elements of Process Safety Management (PSM), including operating procedures, management of change, hazards analysis, mechanical integrity and auditing Understand the risk associated with high capital projects Content Principles of Risk Management How risk is analyzed Risk management implementation and organization Acceptable risk levelsprocess Safety Management Applications Twelve elements of PSM Hazards analysis Change managementoffshore Risk Management Formal safety assessments Vapor dispersion Fire and explosion analysis Noise assessments and escape Evacuation and rescue analysis Offshore Regulations and Standards SEMS Safety cases SEMP

3 OIL AND GAS RESERVES EVALUATION - 5 days Key objectives of the course are to learn various compliant methods of preparing reserves estimates, learn to estimate and understand the impact of economics on those estimates, and properly classify those reserves using the current reserves definitions. Recent case studies, SEC audit questions, and class problems are used extensively to develop an understanding of those skills and include ethical issues that arise when calculating and reporting reserves. Who is this for? Geologists, geophysicists, reservoir engineers, reserves managers, bankers, and government officials involved in reserves reporting, reserves auditing, and reserves estimations Correctly interpret and apply the SPE-PRMS reserves definitions and principles Interpret and apply the SEC Modernization of Oil and Gas Reporting definitions and guidelines Generate compliant reserves estimates and reports using either set of definitions Understand and use various traditional engineering and geoscience techniques to satisfy reserves reporting requirements Incorporate modern, reliable technology into your reserves estimates Document your reserves estimations Prepare for an SEC, third party, or bank audit of your work Successfully defend your estimates during an audit Conduct a thorough audit of another party s reserves report Purpose and uses of reserves estimates Types of reserves studies How to read and understand a reserves report SPE-PRMS reserves definitions SEC reserves definitions Compliant reserves estimation methods using: Analogies, volumetric analysis, performance analysis, and material balance Supplemental compliant estimation techniques incorporating Probabilistic analysis and simulation Economics and reserves Special reserves estimation topics Reserves reporting in low permeability reservoirs, shale gas reservoirs, CBM, and EOR projects

4 ONSHORE PIPELINE FACILITIES - DESIGN, CONSTRUCTION AND OPERATIONS. 5 days This intensive, five-day foundation level course covers the design, construction, and operation of onshore pipeline systems. This course will incorporate construction methods, commissioning, pressure testing, and start-up into the design of a pipeline system. The course focuses on pipeline routing, mechanical design, construction methods, hydraulics, installation, and operation of onshore pipeline systems. Participants will acquire and/or consolidate the essential knowledge and skills to design, construct, and operate pipelines. Design problems are an integral part of this course. Who is this for? Technical professionals new to the onshore pipeline business or needing a broad understanding of the design and construction of onshore pipeline business including: pipeline project managers, pipeline engineers, facilities engineers, pipeline design and construction engineers, engineering and construction contractors. How to apply mechanical and physical principles to pipeline design, material selection, construction, and operation Identify special design and construction challenges of onshore pipeline systems Identify the principal interfaces and potential interrelationships of pipeline facilities such as: pump stations and terminals on design and operations of onshore pipeline systems Safety and environmental practices and their effect on design, construction, and operation Pipeline systems definition and applications Safety, environmental, and regulatory considerations; codes and standards related to pipelines Pipeline conceptual and mechanical design for strength, stability, and installation Impacts of pipeline hydraulics on pipeline design, construction, and operations Pipeline survey, mapping, and route selection Pipeline materials and components Corrosion and cathodic protection of pipelines Pipeline construction for onshore systems Introduction to flow assurance considerations and pipeline integrity aspects including in-line inspection, leak detection, and emergency planning considerations Pipeline operations, maintenance and repairs considerations

5 MANAGEMENT PRACTICES FOR PETROLEUM INDUSTRY EXECUTIVES 4 days The international character of the oil industry demands leading-edge management. Perpetuating such leadership is the main job of the industry's executive-level supervisors. They must select and develop the new breed of leaders. This job requires a good grasp of the developing art and science of human resource management. The old imperatives and practices, along with the boss-centered approach, have proven inadequate in the dawning "Information Age." The petroleum industry's new leaders must achieve sophistication in "people skills" as well as in the industry's scientific and technical specialties Whos is this for? Executives who are responsible for hiring, promoting, and managing supervisory personnel How to strengthen managerial effectiveness Recently developed systems for managing human resources How management of an organization makes the difference between success and failure Contemporary management methods: The Japanese style; theory X, Y, Z; a systems approach; MBO's The human equation in management: Manager versus leader; motivation; personality types; difficult people Successful negotiating: Conflict, competition, cooperation; the nature of conflict; levels of conflict; the power of change; sources of conflict Managing the communication climate: The cycle of communication; attitudes and people; we cannot communicate; patterns of miscommunication Empowering subordinates: Delegation; group behavior; assisting employee development; goal compatibility Performance assessment for employee growth: A philosophy of evaluation; types of assessment; uses of performance evaluation; abuses of evaluation Effective problem solving: The problem solving pattern; cooperation versus competition Establishing and defining goals: Short term goals; long term goals; group participation

6 MEETING MANAGEMENT AND FACILITATION FOR THE PETROLEUM INDUSTRY 3 days Meetings remain a boon or curse to corporate communication. Properly planned and managed, meetings are extremely positive and dynamic ways to exchange ideas, shape policy, resolve problems, effect change, etc. However, when poorly designed and implemented, meetings accomplish little. They become virtual breeding grounds for confusion, tension, frustration, boredom and negativity. This course is for petroleum industry professionals who plan, conduct, and manage meetings. Petroleum industry professionals who plan, conduct, and manage meetings How to run efficient face-to-face and/or on-line meetings How to prepare and implement meeting agendas About meeting facilitation techniques and tools Understanding meeting roles and responsibilities How-and when-to use meeting facilitation tools Mastering meeting management skills, i.e., using time wisely, avoiding topic confusion, handling personal attack, avoiding 'traffic' problems, dealing with individual and group communication, maintaining topic (agenda) focus Recognizing and understanding the various roles that a facilitator plays during the course of a meeting Speaking in front of others Speaking skills Time management in meetings Agenda creation Conflict management Meeting facilitation aids

7 GAS RESERVOIR MANAGEMENT 4 days Natural gas production has become a major part of every petroleum company's asset base and continues to grow in importance throughout the world. This course will help participants understand the engineering drivers on gas reservoir management and how a gas reservoir's value can be maximized through sound engineering practices. A full spectrum of gas reservoir engineering techniques is addressed and their application to a large variety of gas resource management options is discussed. One personal computer is provided, at additional cost, for each two participants. Engineers actively involved with the operation and management of gas reservoirs; geoscientists working with gas reservoirs in field development and expansion planning would also benefit from attending this course. Evaluate gas reservoir data and prepare this data for engineering calculations Apply frequently used gas reservoir engineering techniques Perform production decline type curve analysis and use other advanced reservoir calculations such as simulation Solve reservoir engineering calculations through the use of many practical exercises Gas reservoir fluid properties: gas condensate sampling and Understanding laboratory reports Gas reservoir fluid flow and well testing: deliverability testing and non-darcy flow, testing for hydraulically Fractured wells, horizontal wells, and gas condensate reservoirs Determination of original gas-in-place: material balance techniques for various drive mechanisms and reservoir types, alternate plotting techniques, production decline type curves Gas flow in wellbores and pipelines: the gas production system, pressure drop in wellbores and flowlines, restrictions to gas production Prediction of future performance and ultimate recovery: decline curves, coupled material balance and deliverability techniques, reservoir simulation, gas well spacing and infill drilling Special topics Reservoir management of water-drive gas reservoirs, predicting gas condensate reservoir performance, coalbed methane reservoirs

8 ENVIRONMENTAL MANAGEMENT SYSTEMS 5 days This five day course provides the learning and comprehensive pre-built templates for developing and implementing an ISO based EMS for participants own facilities. Environmental managers, advisers and co-ordinators; Procurement and Supply Chain Managers, HSE Managers; HSE Auditors; Engineers and other managers and supervisors from large and small organisations who require the skills and support to develop a recognised environmental management system (EMS) for their organisation. Develop understanding of the major areas of operations interaction with the environment Become familiar with corporate and legal requirements for environmental compliance Develop a good understanding of EMS and ISO Demonstrate the skills to plan and develop a documented EMS through the following: Planning for EMS (allocating resources and developing an EMS schedule), Identifying and prioritizing the environmental aspects and impacts of operations, Developing planning matrices for significant aspects by setting objectives, targets, management programs and KPIs, Applying EMS to sample processes in various operational modes (normal, abnormal (start-up, shutdown) and emergency using process flow diagrams, Modify emergency response system to accommodate EMS Become familiar with other EMS requirements: Document control, Internal auditing, Achieving continual improvement Write up a draft EMS manual based on template documents Risk and the environment Management systems and ISO Environmental policy and strategic vision EMS planning aspects, impacts, legal and other requirements Resources and training Communication, documentation and document control Monitoring and measurement EMS auditing and continual improvement

9 PIPING SYSTEMS - MECHANICAL DESIGN AND SPECIFICATION 5 days This five-day foundation level course for engineers and piping system designers reviews the key areas associated with the design of piping systems for oil and gas facilities. The course is focused on four areas: codes and standards, pipe materials and manufacture, piping components, and piping layout and design. Applicable piping codes for oil and gas facilities (ISO, B31.3, B31.4, B31.8, etc.), pipe sizing calculations, pipe installation, and materials selection are an integral part of the course. The emphasis is on proper material selection and specification of piping systems. Mechanical, facilities, plant or pipeline engineers and piping system designers who are involved in the design of in-plant piping systems for oil and gas facilities. Apply piping system codes and standards About line sizing and layout of piping systems in various types of facilities How to specify proper components for process and utility applications Compare alternative materials of construction The process of steelmaking, pipe manufacturing and material specifications Joining methods and inspection techniques Key considerations for flare and vent systems, including PSV sizing Piping codes and standards (ANSI/ASME, API, ISO) Pipe materials and manufacturing Basic pipe stress analysis methods Valves and actuators Welding and non-destructive testing Line sizing basics (single-phase and multiphase flow) Pipe and valve material selection Piping layout and design Manifolds, headers, and flare/vent systems Non-metallic piping systems Operations and maintenance considerations of facilities and pipelines

10 EFFECTIVE MAINTENANCE SHUTDOWNS - 5 days This course is designed to teach the skills of maintenance shutdown management as described in the Facilities Maintenance Management Competency Map. You will develop shutdown planning strategies and will develop the organizational structure necessary for managing successful shutdowns. Case studies and real world examples will be used to reinforce the techniques learned in the course. Students will be asked to bring examples from their maintenance shutdown experiences to be used as case studies during the course. Maintenance, engineering, and operations personnel planning and managing effective maintenance shutdowns and includes key skills in maintenance planning and scheduling. How to develop and control maintenance shutdown scope of work Control work before and during the maintenance shutdown Use available computerized scheduling tools Use Manpower planning and control methods How to measure progress of the maintenance shutdown Manage worker productivity How to measure maintenance shutdown performance How to improve performance on future maintenance shutdowns Maintenance shutdown terms and basics Shutdown planning strategy: establishing goals and objectives, working cooperatively across departments, developing maintenance shutdown procedures Management planning: components of the maintenance shutdown plan, planning for effective communications Developing a management strategy, organization, and roles and responsibilities Work scope development and strategy Planning and scheduling controls: participation and teamwork, the overall plan, specifying tasks, shutdown and start-up plans, work scheduling, optimizing the plan, handling emergent work, work control documents Computerized scheduling tools Manpower planning and control: using In-House resources, balancing teams and skills, managing scarce and critical resources

11 PETROLEUM FINANCE AND ACCOUNTING PRINCIPLES 5 days The aim of this course is to improve delegates? job performance by enhancing their understanding of current international practices in finance and accounting within the E&P industry. This is achieved through an examination of (a) accounting standards, policies and practices in the oil and gas industry, and (b) the accounting and financial management implications of exploring for and producing oil and gas. An understanding of accounting also allows a company to trace a competitor s actions from its financial statements and to plan accordingly. Personnel new to the oil and gas accounting industry, others desiring to understand or refresh their knowledge of basic petroleum accounting concepts, other financial personnel needing to understand unique issues as they relate to the petroleum industry and technical people looking for the basic concepts of accounting and finance. Apply basic concepts and terminology for accounting and finance in oil and gas Create accounting statements, including a cash flow statement from data accumulation to audited financial statements Distinguish between the different financial statements and their roles Distinguish between financial, managerial, and contract (joint operations) accounting Recognize the different oil and gas accounting methods Determine the difference between profits and cash flow Understand financial reporting requirements for oil and gas companies under IFRS, U.K. and U.S. GAAP Apply capitalization rules and depreciation methods Recognize accounting treatments of joint ventures such as Production Sharing Agreements Evaluate a ceiling-test Read and interpret those confusing footnotes Read and use the disclosures for oil and gas companies Recognize how accounting decisions can affect earnings, cash flows and operational decisions Calculate, understand and analyze financial reports and basic oil and gas ratios Getting started: Financial terms and definitions, the language of business; Accounting rules, standards and policies Constructing the basic financial statements Classifying assets and liabilities Comparing different accounting elements Accounting for joint operations Accounting and reporting

12 ECONOMICS OF WORLDWIDE PETROLEUM PRODUCTION 5 days In the area of corporate and international petroleum production, do you know how to choose the best investments? Can you properly evaluate investment opportunities? Do you know what investment criteria really mean and which criteria to use for best results? Answers to these questions will greatly improve your ability to make profitable decisions. Techniques for predicting profit, production, operating costs, and cash flow enable the analyst to evaluate decision alternatives for optimum results. Understanding cost of capital, financial structure, risk and uncertainty, present worth, rate of return, and other economic yardsticks enhances the quality and the value of economic analysis. Discover the effects of projects on corporate profits. Probe economic factors inherent in international concessions, contracts, joint ventures, and production sharing agreements. Practice making cash flow analysis of these contractual arrangements. Discussion of real-life examples with participants from many different countries enhances their value. Managers, supervisors and operating personnel concerned with costs, profitability, budgets, the company "bottom line" and other aspects of economic analysis of petroleum production on a project, corporate, and worldwide basis, who have had some previous experience in this area. Use cash flow techniques in economic evaluations Evaluate and choose investment opportunities Use models to weigh risk and uncertainty Evaluate decision alternatives using predictive techniques Evaluate how projects effect the corporation Pricing: natural gas, marker crudes, OPEC, spot and futures markets, transportation Production rate: mathematical models Cash flow: revenue, capital and operating costs, spreadsheet exercises Economic evaluation: present value concepts, sensitivity and risk analysis, decision trees, royalty, sources of capital, incremental economics, sunk costs, inflation Budgeting: examples and exercises, longrange planning Cash versus write-off decision: depreciation, depletion, and amortization How to read an annual report: statements, financial ratios, what is and is not included, reading between the lines Worldwide business operations: concessions, licenses, production sharing contracts, joint ventures, cost of capital, sources of funding, debt and equity Performance appraisal: buy/sell assessments Computer economics software Tips on format and inclusion of economic factors in computer spreadsheet analysis Ethics in economic analysis Venue: Dubai, London, Mbabane,

13 Fundamentals of the Oil and Gas Industry 4 days Understand the energy value chain from upstream exploration to downstream sales. This training course provides a comprehensive overview of the oil and gas industry from upstream exploration and production to downstream refining, sales and marketing. Under the guidance of our expert course faculty, participants will gain an appreciation of industry dynamics and the key issues affecting its development and future. This course will provide a thorough foundation for understanding the changing industry dynamics. Participants will enjoy a hands-on experience through a variety of individual and team exercises, with the opportunity to exchange views with a diverse group of industry peers. Course participants will: Explore fossil fuels formation & reserves Understand exploration processes Learn about crude oil & gas production Discover the dynamics of natural gas markets Appreciate the importance of oil refining, marketing, pricing & hedging Develop an awareness of oil & gas trading markets Gain insights into the geopolitics of oil & gas New starters in the industry Lawyers involved in the oil & gas industry Investment managers involved in the oil & gas industry Bankers involved in the oil & gas industry Accountants involved in the oil & gas industry

14 Key elements of the course: Strategies in Oil & Gas Finance & Accounting 5 days Foundation Topics in Oil and Gas The Energy Renaissance and Impact on the Global Energy Outlook and Competitive Landscape Key Issues in Oil and Gas Finance and Accounting Analysing Petroleum Companies Financial Statements and Competitive Benchmarking Best Practices in Advanced Capital Budgeting and Risk Analysis in the Oil and Gas Industry Derivatives and Energy Risk Management Accounting for Derivatives Best Practices in Valuation of Mergers and Acquisitions in the Energy Industry Case Studies in all Topics Covered for both upstream and downstream Strategies to Maximise Value in the Global Oil and Gas Value Chain Course overview Finance and accounting are two of the core management functions in all organisations. The maximisation of financial resources is a key factor for success. However, in the challenging oil and gas industry, the rapid changes in geopolitics and economic conditions have brought forth many more risk factors in the competitive landscape. These factors have caused the industry to be one of the world s most challenging and complex business environments. There is a need for risk identification and financial management to be grounded in timely, accurate forecasts and performance data. It is crucial that leaders in the oil and gas industry be equipped with wide-ranging knowledge in finance and accounting to achieve strategic planning and decision making. This five-day course will give participants expertise to assist in achieving long-term success to enhance your company s competitive performance. Methodology The course is taught in a highly interactive manner with an emphasis on participant questions and inquiry. The course instructor offers considerable flexibility in exploring some topics further than planned, while deemphasising other topics if the group prefers. This course will provide value to personnel from the following areas: Finance Managers and Directors Finance Controllers Accounting Managers and Auditors Finance and Business Analysts Staff Finance and Accounting Professionals in a Leadership Role Technical Professionals in the Finance Function Business Development Key Personnel in the Oil and Gas Industry Bankers and Professionals who work in Energy Lending

15 The Economics of Petroleum Refinery - 5 days This course will give you an in-depth introduction to petroleum refining technology and economics. The focus is on transportation fuels refineries, however, petrochemical production and biofuels are also discussed. The first part of the program includes an overview of crude oil supply and petroleum product demand. This is followed with a description of refinery process technology. Key refining technologies are described such as crude oil distillation, heavy oil conversion options, hydrotreating, and catalytic reforming. Attend this three day course to better understand refinery economics. Including: World-wide crude oil supply and demand Important petroleum product demand trends Overview of refinery process technology Impact of market demand and crude oil quality on refinery configuration Refinery/petrochemical integration Refinery margin calculation How do refiners select crude oils Case study of new grassroots refinery Options for increasing refinery profitability Course overview This course presents an introduction to petroleum refining technology and economics. The focus is on transportation fuels refineries, however, petrochemical production and biofuels are also discussed. The first part of the program includes an overview of crude oil supply and petroleum product demand. This is followed with a description of refinery process technology. Key refining technologies are described such as crude oil distillation, heavy oil conversion options, hydrotreating, and catalytic reforming. Although oil refineries have many similarities, each refinery is customized to most profitably supply a specific market. Profitable refinery operations involve many economic decisions, such as crude oil selection and production planning. These are important business processes critical for maintaining refinery competitiveness. The course also includes a case study example of a new refinery project. This session will include example calculations of capital costs, operating costs, and project economics. The final session of the course is a description of options for increasing refinery profitability such as new technology for maintaining more accurate planning models, integration with petrochemicals, and improving energy efficiency. Teaching methodology The course includes both classroom discussion and class problems. We recommend individuals attending the course bring laptop computers to the class. In addition to oil refining personnel, other individuals who interact with the industry will benefit from this course. This includes accounting, finance, insurance, petrochemical producers, oil refinery suppliers, and engineers who have limited refinery experience. A technical background is not required for course participants.