An intensive professional development training course on

Essential Skills for Oil & Gas Professionals

Why Choose Essential Skills for Oil & Gas Professionals Training Course?

This seminar provides the skills to build knowledge of the oil and gas industry, as well as the necessary competencies to meet the challenges currently being faced.

The Oil & Gas industry is undergoing the most significant changes that we have seen for many years with new business models, companies and sources emerging. With the international demand for petroleum products reaching record levels hit record high levels so too is the complexity facing the Oil & Gas industry.

 

What are the Goals?

By the end of this course, participants will be able to:

  • Build knowledge as to the nature and challenges facing the oil and gas industry
  • Understand the key players and commercial drivers
  • Examine the industry structure with specific emphasis on the ‘upstream’ component
  • Understand framing agreements including joint ventures and product sharing contracts
  • Examine the importance of effective project planning and execution

 

Who is this Course for?

This course is suitable to a wide range of professionals but will greatly benefit:

  • New entrants to the Oil & Gas industry
  • Oil and Gas professionals:
    • Senior and middle managers
    • Accountants and financeprofessionals responsible for financial accounting, treasury, internal audit,budget preparation and management reporting
    • HR, contracting and procurement and IT professionals
    • Line managers with strategic planning and operational budgeting responsibility
  • Professional advisers and Business Consultants

 

How will this be Presented?

This workshop will be highly participatory and your seminar leader will present, guide and facilitate learning, using a range of methods including discussions, case studies and exercises. Where appropriate, these will include real case examples.

By combining analysis, problems and examples with real case studies - lessons learned from the seminar will be applied to your organisation. Key performance indicators (KPIs) for the critical success factors (CSFs) will focus attention on high priority action plans for taking back to your organisation.

 

The Course Content

  • The nature of the Oil and Gas industry
  • Who are the key players?
  • Strategic challenges and opportunities facing the industry
  • Structures and business models
  • Case study review
  • Upstream, midstream and downstream operations
  • Exploration, evaluation and production
  • Lifting and production costs
  • Reserve estimates
  • Case study review
  • Framing agreements
  • Joint ventures
  • Product sharing agreements
  • Implications and challenges
  • Joint operating agreement review
  • Importance of project planning
  • Front end loading
  • Hot spots and challenges
  • Creating and protecting value
  • Implementing effective project control framework
  • What is risk management and why it is important?
  • Risk management as applied to capital projects.
  • Specifying objectives and identifying project uncertainties
  • Technical and non-technical risks
  • Risk register review and analysis
  • Stakeholder identification and mapping
  • Evaluating opportunities
  • Discounting and non-discounting methods
  • NPV, IRR
  • Discount rates
  • Case study application and review
  • What is a cost estimate?
  • What factors influence an estimate?
  • Determining contingencies
  • Probabilistic models
  • Monte Carlo simulation
  • Challenges and areas for improvement
  • Managing the oil and Gas spend
  • Understanding the market
  • Developing the appropriate contracting strategy
  • Reward structures and options
  • Contract award and the importance of contract management
  • Case study application and review
  • External and internal reporting
  • Identifying report user requirements
  • KPIs
  • Measuring and reporting project performance
  • Earned value management analysis and reporting
  • A case study dilemma
  • Key learnings
  • Summary and course wrap up

Certificate and Accreditation

  • AZTech Certificate of Completion for delegates who attend and complete the course.

How Aztech Saudi Can Enhance Your Professional Career

At Aztech Saudi, we believe that professional development is the foundation of long-term career success. This training course is expertly designed to equip individuals with practical skills, forward-thinking strategies, and the confidence to navigate today’s dynamic work environments. Each course is delivered by subject matter specialists with extensive industry experience, ensuring that every learning experience is relevant, impactful, and aligned with real-world challenges. Whether you're looking to strengthen your technical expertise, enhance leadership abilities, or stay ahead of industry trends, Aztech Saudi provides the tools you need to elevate your performance and deliver measurable value to your organization.

Our training is more than just knowledge transfer—it’s a catalyst for career transformation. By participating in our courses, professionals gain a competitive advantage in their fields, improve their decision-making capabilities, and position themselves for new opportunities and leadership roles. We take pride in supporting individuals across various sectors and career stages, helping them unlock their full potential through high-quality, globally benchmarked learning experiences. With Aztech Saudi as your development partner, you’re not only investing in education—you're investing in a stronger, more successful future.

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