International Petroleum Management Certificate 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. The business game occurs during the first two weeks of the program, but additional, stimulating workshop sessions continue over the final two weeks. For this reason, participants are encouraged to enroll for the full program. 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. Workshop Sessions include:
 
UNIT ONE September 10–14, 2001
The Complex World of the International Petroleum Business: Upstream Sectors, Project Economics, and Petroleum Accounting
UNIT TWO September 17–21, 2001
The Complex World of the International Petroleum Business: Downstream Sectors and Petroleum Economics
• Workshop Introduction
• Reserves Estimation and Field Development
• Negotiating the Right to Explore in Sandland
• Gas Processing
• The Exploration Survey Stage
• Oil and Gas Pipelines and Port Facilities
• Exploration and Delineation Drilling
• Sandland Operations Accounting
• 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
   
UNIT THREE September 24–28, 2001
Petroleum Project Development: Environment, Law, Financing and Project Management
UNIT FOUR October 1–5, 2001
Key Skills for the Petroleum Manager
• Petroleum Law Issues and Decisions
• Managing Environmental Issues
• Financing an Expanded Oil Loading Terminal
• Project Management of a Merchant Power Plant
• Strategic Planning and Corporate Transformation of the National Oil Company
• Building a Continuous Learning Organization
• Negotiating the Extension of a Host Government Agreement