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The gas business workshop is an integral part of the learning
process and a challenging business game. Participants, divided into
teams, make the real-life technical and financial decisions that
confront managers in the international gas business today, while
exploring and developing a major gas prospect over a simulated 20-year
period. Approximately one-half of the program is devoted to workshop
sessions. This classic IHRDC business game and workshop consistently
leads to very high praise from participants for its realism, stimulation
of the learning, and the benefits of working in teams with delegates
from many other countries. Team performance is measured on a financial
basis and a healthy competition exists among the teams to achieve
the best overall financial performance.
This
gas business workshop involves a challenging Atlantic Basin business
game. During the game, teams choose from several offshore exploration
blocks in the Republic of Expetra, an unexplored island in
the Caribbean north of Trinidad. Gas and condensates are expected
to be discovered in the deep offshore. Teams enter into exploration
and other agreements as they explore for and develop the discovered
reserves and then decide on how these reserves will be marketed
over a 15-year production period. Markets include LNG exports to
the US and Europe, LPG and ethylene plants, gas pipeline to Miami,
gas distribution and storage operations in the US, power plants
in the US and Expetra, ammonia, methanol and gas-to-liquid plants
in Expetra.
Workshop sessions include:
Introduction to the Exploration Opportunities
Negotiation of the Exploration & Development Agreement
Seismic Exploration and Mapping of Seismic Results
Exploration Drilling and Reserves Estimation
Gas Processing LPG and Ethylene Market Decisions
The Gas Pipeline Decision: From Field to Markets
Integrating Load Balancing and Pipeline Facilities
Gas-Fired Power Plant Market Decisions
Gas Distribution Business Decision
Assessment of Markets for Methanol, Ammonia & GTL
Export Pipeline and Storage Decisions
Assessing Two LNG Markets Opportunities
Integrated Field Development and Market Decisions
Decisions During the Project Life-Cycle
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