International Petroleum Business Management Program
Workshop
Workshop

It is well known that adults learn best when discussing issues or solving problems that are directly related to their daily job. The business workshop for this program was developed by IHRDC to allow participants from diverse functional and cultural backgrounds to learn about the business of the petroleum industry in the most effective, long-lasting and realistic way.

It introduces the participant to the integrated petroleum industry from exploration to refining and transportation; from investment analysis and financing to income statements, balance sheets and cash flow; and from strategic planning and leadership to environmental analysis and continuous learning. The setting for the workshop is the Republic of Sandland, a fictitious country on the West Coast of Africa.

This workshop always stimulates and challenges the participants, because it is designed around the highest form of learning :that which occurs when practical, realistic problems are solved through team discussion and shared insight.
   
UNIT ONE
April 22–26, 2002
The Complex World of the International Petroleum Business:
Upstream Sectors, Project Economics, and Petroleum Accounting
  • Workshop Introduction
  • Negotiating the Right to Explore in Sandland
  • The Exploration Survey Stage
  • Exploration and Delineation Drilling
  • Reserves Estimation and Field Development
  • Gas Processing
  • Oil and Gas Pipelines and Port Facilities
  • Sandland Operations Accounting
UNIT TWO
April 29–May 3, 2002
The Complex World of the International Petroleum Business:
Downstream Sectors and Petroleum Economics
  • Combined-Cycle Power Plants
  • Ammonia Plants
  • Oil Tanker Charter Decisions
  • Gas Export Pipeline Decisions
  • Refinery Development Decisions
  • Crude Oil Marketing Decisions
  • Financing the Port Expansion
  • Strategic Planning and Decision Analysis