Capture and act on lessons from incidents and near misses involving oil and gas economics and contracts.
Advanced Oil and Gas Economics and International Contract Management
Turn oil and gas economics and contracts from a stated policy into a practice your organisation can evidence.
📍 Istanbul🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points
Course Overview
The energy transition has not removed the need for rigour in oil and gas economics and contracts; it has added to it. Price volatility does not excuse weak discipline in economics and contracts — it punishes it. Plans for this part of energy and hydrocarbon operations often fail at the handover point between functions. Where oil and gas economics and contracts is measured, it improves; where it is only discussed, it drifts. The programme suits teams tackling the wider energy and hydrocarbon operations agenda together as readily as individuals attending alone. Each session closes with a decision the participant must justify about economics and contracts in their own setting. Participants gain a clear basis for measuring what oil and gas economics and contracts has actually achieved. The programme is built to be used, and every section of economics and contracts it covers ends in something applicable. Participants leave with a plan for the energy and hydrocarbon operations capability sized to what their organisation can realistically absorb.
Expected Learning Outcomes
Model the economics of economics and contracts under a realistic range of price scenarios.
Test the organisation's response to oil and gas economics and contracts under conditions that are less than ideal.
Verify that improvements to economics and contracts have held six months after they were introduced.
Translate policy on oil and gas economics and contracts into procedures that hold up under day-to-day pressure.
Define the escalation path for abnormal conditions detected in economics and contracts.
Apply recognised integrity and inspection practice to oil and gas economics and contracts.
Who Should Attend
Managers of multi-site operations seeking consistency in oil and gas economics and contracts.
Managers in small and medium organisations who own economics and contracts alongside other duties.
Project engineers delivering capital work involving oil and gas economics and contracts.
Process safety and technical safety specialists reviewing economics and contracts.
Inspection and integrity engineers assessing oil and gas economics and contracts.
Consultants and service company personnel supporting clients on economics and contracts.
Course Modules
Oil and gas economics and contracts: environmental obligation and emissions
2 sessions · 8 pointsSession 1What the last incident involving oil and gas economics and contracts should have taught us
- Prepare the summary of oil and gas economics and contracts that senior management will read.
- Record the technical rationale for the chosen approach to economics and contracts.
- Confirm contractor competence records for anyone working on oil and gas economics and contracts.
- Establish the alarm philosophy applying to economics and contracts and remove nuisance alarms.
Session 2Moving economics and contracts from approval to execution
- Identify the failure modes of oil and gas economics and contracts with the highest consequence.
- Prepare the response for the most likely failure in economics and contracts.
- Confirm that lessons from oil and gas economics and contracts are shared beyond the team that learned them.
- Record what was learned when economics and contracts did not go as planned.
Economics and contracts: competence, certification and handover
2 sessions · 8 pointsSession 1Competence and handover on economics and contracts when experienced staff leave
- Review the instrumentation on oil and gas economics and contracts for coverage gaps.
- Review incident and near-miss history involving economics and contracts.
- Identify single points of dependency in oil and gas economics and contracts and reduce them.
- Benchmark the organisation's economics and contracts against comparable operations.
Session 2Testing economics and contracts before relying on it
- Model the economics of oil and gas economics and contracts at low, base and high price cases.
- Agree the smallest change to economics and contracts that would be visibly useful.
- Define acceptance criteria for oil and gas economics and contracts in advance.
- Assign responsibility for keeping documentation of economics and contracts current.
Economics and contracts: technical fundamentals and operating envelope
2 sessions · 8 pointsSession 1Reading condition data on economics and contracts before failure, not after
- Establish the boundary of oil and gas economics and contracts and record what sits outside it.
- Establish what evidence demonstrates economics and contracts is under control.
- Set the trigger for a life-extension versus replacement study on oil and gas economics and contracts.
- Define the trigger that would require economics and contracts to be redesigned.
Session 2The permit and isolation regime that oil and gas economics and contracts actually requires
- Anticipate the objections oil and gas economics and contracts will raise and prepare the answers.
- Verify isolation points for economics and contracts are proven and documented.
- Check that the permit regime covering oil and gas economics and contracts matches the actual hazard.
- Verify emergency response arrangements cover the scenarios economics and contracts can create.
Economics and contracts: incidents, lessons and continual improvement
2 sessions · 8 pointsSession 1What the instrumentation on economics and contracts is and is not telling you
- Remove steps in oil and gas economics and contracts that add effort without adding assurance.
- Establish who is informed, consulted and accountable in economics and contracts.
- Define the safe operating envelope for oil and gas economics and contracts and how deviations are detected.
- Check that management of change is applied to every modification of economics and contracts.
Session 2The hard cases in economics and contracts and how to reason about them
- Confirm handover documentation for oil and gas economics and contracts is complete and current.
- Confirm that contractual obligations around economics and contracts are understood.
- Collect evidence on the present handling of oil and gas economics and contracts before proposing changes.
- Assess the emissions and discharge attributable to economics and contracts.
Choose the package that suits you
Silver Package
At least 3 people
USD1,250
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Gold Package
At least 3 people
USD1,850
- 5-night stay in a 5-star hotel
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Complete your registration
We will contact you within one business day to confirm.