International Petroleum Management Certificate Program
September 13 - October 8, 2004
Boston, MA   USA
Workshop
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Workshop

During the first two units, participants will participate in a challenging business game that requires them to develop and manage an integrated petroleum company in the Republic of Sandland, a fictitious country on the West Coast of Africa. Decisions are made over a 20-year simulated period as reserves are discovered and markets developed to form an integrated oil company. During Unit Three, teams are asked to develop a realistic CCGT power project in Sucrevia and then manage it over a 20-year period. These workshops always stimulate and challenge the participants, because they are 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 13–17, 2004
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
BUSINESS GAME: Sandland Upstream Decisions

 
UNIT TWO
September 20–24, 2004
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
BUSINESS GAME: Sandland Markets

 
UNIT THREE
September 27–October 1, 2004
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
BUSINESS GAME: Sucrevia Power Business Opportunity
UNIT FOUR
October 4–8, 2004
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

BUSINESS GAME: Negotiating a Contract Extension in Petroland