Advanced Oil Refining Technology and Petrochemical Economics

Move refining technology and petrochemical economics from general awareness to a repeatable, reviewable practice.

📍 Istanbul🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points

Course Overview

Deferred maintenance and deferred decisions on refining technology and petrochemical economics both accrue interest. The energy transition has not removed the need for rigour in petrochemical economics; it has added to it. The programme works equally well for those formalising this part of energy and hydrocarbon operations for the first time and those improving an existing approach. The outcome is a practitioner who can hold a position on refining technology and petrochemical economics and revise it on evidence. Organisations that document this aspect of energy and hydrocarbon operations properly resolve disputes about it far more quickly. Each session closes with a decision the participant must justify about petrochemical economics in their own setting. The programme is built to be used, and every section of refining technology and petrochemical economics it covers ends in something applicable. Buying a tool rarely fixes petrochemical economics; the underlying capability has to be built internally first. The course ends by identifying what the participant will stop doing to make the energy and hydrocarbon operations capability sustainable.

Expected Learning Outcomes

01

Model the economics of refining technology and petrochemical economics under a realistic range of price scenarios.

02

Capture and act on lessons from incidents and near misses involving petrochemical economics.

03

Integrate refining technology and petrochemical economics with the wider process safety management system.

04

Assess petrochemical economics against the emissions and efficiency targets the organisation has committed to.

05

Align refining technology and petrochemical economics with the wider objectives of the operating asset rather than optimising it in isolation.

06

Identify the failure points in petrochemical economics most likely to cause loss, and control them first.

07

Present the case for investment in refining technology and petrochemical economics in terms that a finance function will accept.

Who Should Attend

01

Maintenance and reliability engineers supporting refining technology and petrochemical economics.

02

Graduate and newly assigned engineers taking responsibility for petrochemical economics.

03

Operations and production engineers responsible for refining technology and petrochemical economics.

04

Quality staff verifying that petrochemical economics performs as designed.

05

Facility and plant managers accountable for refining technology and petrochemical economics.

06

Procurement and contracting staff whose agreements set obligations around petrochemical economics.

Course Modules

01

Refining technology and petrochemical economics: process safety, permits and isolation

2 sessions · 8 points

Session 1Making refining technology and petrochemical economics work when resources are constrained

  • Review incident and near-miss history involving refining technology and petrochemical economics.
  • Set out the decisions in petrochemical economics that require sign-off and by whom.
  • Confirm that those complying with refining technology and petrochemical economics understand why it exists.
  • Record what was learned when petrochemical economics did not go as planned.

Session 2Building the investment case for petrochemical economics that finance will accept

  • Set the trigger for a life-extension versus replacement study on refining technology and petrochemical economics.
  • Model the economics of petrochemical economics at low, base and high price cases.
  • Reduce the variation in how refining technology and petrochemical economics is carried out between teams.
  • Confirm that reporting on petrochemical economics reaches the people who can act.
02

Petrochemical economics: incidents, lessons and continual improvement

2 sessions · 8 points

Session 1Reading condition data on petrochemical economics before failure, not after

  • Establish what evidence demonstrates refining technology and petrochemical economics is under control.
  • Record the rationale for each significant choice made about petrochemical economics.
  • Check that management of change is applied to every modification of refining technology and petrochemical economics.
  • Decide what will be stopped to create capacity for petrochemical economics.

Session 2Competence and handover on petrochemical economics when experienced staff leave

  • Confirm handover documentation for refining technology and petrochemical economics is complete and current.
  • Define acceptance criteria for petrochemical economics in advance.
  • Confirm contractor competence records for anyone working on refining technology and petrochemical economics.
  • Record the technical rationale for the chosen approach to petrochemical economics.
03

Petrochemical economics: integrity, inspection and condition assessment

2 sessions · 8 points

Session 1Testing petrochemical economics before relying on it

  • Identify the failure modes of refining technology and petrochemical economics with the highest consequence.
  • Set escalation thresholds for petrochemical economics that work out of hours.
  • Check that the permit regime covering refining technology and petrochemical economics matches the actual hazard.
  • Identify the data already collected that bears on petrochemical economics.

Session 2The environmental exposure created by refining technology and petrochemical economics

  • Check that records of refining technology and petrochemical economics answer the questions likely to be asked.
  • Assess the emissions and discharge attributable to petrochemical economics.
  • Establish the alarm philosophy applying to refining technology and petrochemical economics and remove nuisance alarms.
  • Set the review interval for petrochemical economics and who attends.
04

Petrochemical economics: technical fundamentals and operating envelope

2 sessions · 8 points

Session 1The paperwork for petrochemical economics that is actually needed

  • Review the instrumentation on refining technology and petrochemical economics for coverage gaps.
  • Verify six months later that changes to petrochemical economics have held.
  • Remove steps in refining technology and petrochemical economics that add effort without adding assurance.
  • Confirm that lessons from petrochemical economics are shared beyond the team that learned them.

Session 2What the instrumentation on petrochemical economics is and is not telling you

  • Verify emergency response arrangements cover the scenarios refining technology and petrochemical economics can create.
  • Define the safe operating envelope for petrochemical economics and how deviations are detected.
  • Verify isolation points for refining technology and petrochemical economics are proven and documented.
  • Test the procedure for petrochemical economics against a realistic scenario.

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.