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Historical Development of IHRDC
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| IHRDC offers formal instructional programs, consulting and training services
and Web-based knowledge and virtual learning systems to the oil, gas and
power industry worldwide. It has focused on the oil and gas industry since
its founding in 1969 and expanded to the power industry in 1995 because
of its strong and growing integration with the gas industry.
IHRDC has progressed through a series of historical growth periods driven, on one hand, by the needs of the industry for its products and services and, on the other, by its corporate mission to provide innovative and value creating forms of learning for its clients. Each phase of its development has prepared IHRDC for the innovative activities it is undertaking today. In reading the following development chronology notice how each transition has led to the expansion of IHRDC core competencies, growth of its intellectual property and innovation in the delivery of value-creating products and services to its clients. You should read them in sequence but the opportunity to browse is also available – simply click on the titles of interest. |
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In the development of this major new product, IHRDC became a substantial text, graphics and video publisher. All production was performed in-house except video field shooting and final studio editing. A total of 113 productions were completed over a 12 year period at a cost of about $12 million. The product received 10 major awards for excellence (Telly Awards) and high praise from clients worldwide. IHRDC retained copyright on all of this unique intellectual property and, as will be stated later, it has now been transformed into a new product.
This innovative work is performed out of our Cairo office, which was opened in 1986. These recent training contracts have become a substantial growth area for IHRDC as companies seek to reduce costs by replacing expatriates with local nationals and live instructors with virtual learning systems. These training services are complimented by a 48-module, video-based training product for operations personnel that IHRDC licensed from ARCO in 1988 (Video Library for Operators). It has marketed this product very successfully throughout the world since that time. The future potential of this form of training services is substantial because petroleum operating companies, indeed all worldwide energy companies, need to find more effective and less expensive ways to maintain a competent workforce. Capital intensive equipment must continue to operate without unscheduled downtime. This includes the full energy spectrum: oil production facilities, gas processing plants, LNG facilities, pipelines, and combined-cycle gas turbine power plants.
To meet this need IHRDC created its "classic" energy management "Certificate" programs: 2-4 week programs, dedicated to the integrated value chains of the energy business (oil, gas and power). These unique programs consists of lectures by recognized specialists, visits to regional energy sites, and a specially designed, business simulation workshop. The workshop and simulator built by IHRDC, allows participants, working in teams and competing with other teams, to develop and manage a "realistic" energy business over a simulated 20-year period. A selection of these programs is offered annually in Boston at the John Hancock Conference Center. IHRDC began teaching its first such offering, the International Petroleum Management Certificate Program in 1988, a program dedicated to the integrated value chain of the petroleum business. It continues as a very strong offering today. Over the years it has developed and now offers other programs, each focusing on a sector of the energy business (International Gas Business, International Power Business, Exploration and Development Business). The "classic" design results in very high praise by participants: "The best management program I have ever attended". Over 1,400 managers have attended these programs in Boston from more than 40 countries to date. They have also allowed IHRDC to develop exceptional goodwill among this network of energy business leaders throughout the world.
These programs consistently receive the highest ratings that these companies have achieved for management programs.
In late 1994 IHRDC, under the direction of Tim Donohue, began the process of digitizing more than 100 hours of video, 17,000 graphics and 10,000 pages of text in the Video Library. It reviewed all of the content to be sure its was current, build "knowledge maps" that would allow users to quickly find what they are looking for, and began to build multimedia database management systems that stored and retrieved text, graphics and video sequences. This multimedia "knowledge system", covering all of E&P technology, was referred to as the International Petroleum Industry Multimedia System (IPIMS). It was issued in the CD-ROM format during the period 1995-97. Updates on both content and design of IPIMS have been made on an ongoing basis to meet client recommendations. One major 1996 recommendation was to make the system available on servers and so, after considerable effort, the Local Area Network (LAN) was issued in 1997. Then, with the advent of "streaming video", a revolution in electronic video transfer, the Internet/Intranet version of IPIMS was developed, beta tested and issued to the market in November 1998. IPIMS is not sold to clients; it is leased on an annual or longer-term lease basis. The current and prospective licensees and license fees for the different delivery formats and license types are shown on the IHRDC website It should be made clear that no other company has a competing product. To become a competitor would take a major investment, much more than the original $12 million invested in the Video Library and the $2 million invested recently in developing the system.
The first major product is dedicated to the Upstream Petroleum sector. It is currently being marketed as IPIMS.ep. The design of this knowledge and learning system for each energy sector is divided into three major subdivisions.
Click here for additional information on IPIMS.
Competency Development in Integrated Reservoir Management The International Gas Industry Learning Alliance Alliance invitations are also being prepared for Petroleum Operating and Maintenance Technology and the Electric Power.
ep.Knowledge: an extensive multimedia encyclopedia covering the four major areas of Exploration and Production Technology: Petroleum Geology, Petroleum Geophysics, Petroleum Engineering and Formation Evaluation. ep.Learning: over 228 learning plans consisting of award-winning video, text, graphics and assessments, covering all areas of Exploration and Production Technology. Users will pay individual Usage Fees for access to each database. The system is marketed directly by IHRDC and through oil industry e-commerce site. IHRDC feels that this new marketing outlet will lead to modest revenue growth, allow greater customer flexibility, provide access to the system for smaller companies and allow customers to test the system before entering into annual leases for IPIMS.ep. ep.Competency Development: was added to the system in 2001.
IHRDC is currently working carefully with a major US academic institution to offer joint graduate degree programs designed around the same learning formats. The program is now in the design stages; however, when announced later in 2001 it should provide a strong motivation for the use of IPIMS and enhance its value to licensees and users.
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