International Petroleum Management Certificate Program
September 8 - October 3, 2003
Boston, MA   USA
Workshop

Workshop

The business workshop for this program 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 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 8–12, 2003
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
September 15–19, 2003
The Complex World of the International Petroleum Business:
Downstream Sectors and Petroleum Economics
  • Combined-Cycle Power Plants
  • Oil Tanker Charter Decisions
  • Refinery Development Decisions
  • Financing the Port Expansion
  • Ammonia Plants
  • Gas Export Pipeline Decisions
  • Crude Oil Marketing Decisions
  • Strategic Planning and Decision Analysis

 
UNIT THREE
September 22–26, 2003
Petroleum Project Development:
Environment, Law, Financing and Project Management
  • Petroleum Law Issues and Decisions
  • Financing an Expanded Oil Loading Terminal
  • Managing Environmental Issues
  • Project Management of a Merchant Power Plant

 
UNIT FOUR
September 29–October 3, 2003
Key Skills for the Petroleum Manager
  • Strategic Planning and Corporate Transformation of the National Oil Company
  • Building a Continuous Learning Organization
  • Negotiating the Extension of a Host Government Agreement