Essential Skills for Oil and Gas Professionals

Oil, Gas & Petroleum · 5 Days · Public · Al-Khobraa certified · From USD 2,500

Overview

The Oil & Gas industry is undergoing the most significant changes that we have seen for two decades as a result of an increase in oil production and a simultaneous decrease in demand. Sustained low oil prices are changing the geopolitical landscape of the oil and gas business. The shale oil and gas revolution has resulted in the need for new business models, with many mergers in the international oil companies both upstream and downstream of the oil and gas supply chain.

Learning Objectives

• Build knowledge as to the nature and challenges facing the oil and gas industry
• Understand the key players and commercial drivers
• Examine the industry structure with specific emphasis on the complete value chain
• Understand framing agreements including joint ventures and product sharing contracts
• Examine the importance of effective project planning and execution including risk management and Earned value management analysis

Who Should Attend

This course is suitable to a wide range of professionals but will greatly benefit:

• Oil and Gas professionals:
• Senior and middle managers
• Accountants and finance professionals
• Contracting and procurement and IT professionals
• Professional advisers and Business Consultants

Course Outline

Day 1 — The Oil and Gas Industry Commercial Drivers - Overview

• The nature of the Oil and Gas industry
• Upstream, midstream and downstream operations
• Exploration, evaluation production and reserve estimates
• Structures and business models -Lifting and production costs

Day 2 — Oil and Gas Exploration and Production Arrangements

• IOC’s & NOC’s Fiscal agreements &contracting strategies for the oil and gas industries
• Reward structures and options
• Importance of project planning
• Front end loading - Hot spots and challenges

Day 3 — Oil and Gas Project Economics, Cost & Estimation

• Evaluating project opportunities
• Cash-Flow Analysis and Time Value of Money
• Key Profitability Indicators NPV, IRR, UTC, Payback
• Calculating a discounted cash flow

Day 4 — Risk Management Application

• What is risk management and why it is important?
• Risk management as applied to capital projects.
• Specifying objectives and identifying project uncertainties
• Technical and non-technical risks

Day 5 — Oil and Gas Capstone Case Study

• Case study – The Shale Gas Revolution in the United States
• Impact of shale gas on the world Oil and Gas stage
• Geopolitics of Oil and Gas pricing
• Summary and course wrap up

Accreditation

Al-Khobraa certified. On completion delegates receive an Al-Khobraa certificate of achievement.

Dates & Venues

Dates	Venue	Delivery	Duration	Fee (USD)
20–24 September 2026	Istanbul, Turkey	Public	5 days	4,500
30 November – 4 December 2026	Online / Virtual	Virtual	5 days	2,500

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Frequently Asked Questions

What do Al-Khobraa oil, gas and petroleum courses cover?

The portfolio spans the full value chain: upstream exploration, drilling and well control; midstream processing, pipelines and gas treatment; and downstream refining and petrochemicals — plus process safety management (PSM), HAZOP studies, corrosion control and plant operations. Trainers are practitioners from the sector.

Who should attend an oil, gas and petroleum course?

These courses suit process, production and petroleum engineers, plant and field operators and supervisors, maintenance and inspection staff, HSE and process safety professionals, and technical or commercial staff joining the sector from another industry.

How long are oil, gas and petroleum courses, and where are they held?

Most Al-Khobraa oil, gas and petroleum courses run over 5 days. The exact duration, dates and city for this course are listed in the dates section on this page. Public sessions run across Saudi Arabia — Riyadh, Jeddah, Al-Khobar, Jubail and Yanbu — as well as regional and international venues, with live virtual classrooms available on request.

What certificate will I receive?

Delegates who complete the course receive an Al-Khobraa certificate of completion, issued by a Saudi-registered training provider. Al-Khobraa also delivers internationally accredited programmes; where a course carries an external awarding body such as PMI, CIPS, ILM or IOSH, that body is named on the course's own page.

Can oil, gas and petroleum training be delivered in-house for our team?

Yes. Any Al-Khobraa oil, gas and petroleum course can be delivered in-house at your own premises anywhere in Saudi Arabia or the GCC, with the content, dates and language of delivery tailored to your team. Al-Khobraa is an approved HRDF (Hadaf) provider, so eligible Saudi employers can seek training support. Contact us for a quotation.

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