Analysing Supply and Demand Dynamics in Global Oil Markets

Learn to design, measure and defend your organisation's approach to oil supply and demand dynamics.

📍 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 oil supply and demand dynamics both accrue interest. Regulators and insurers increasingly want documented evidence of how demand dynamics is controlled. The course gives participants a defensible structure for the wider energy and hydrocarbon operations agenda and the judgement to adapt it. It is designed for mixed groups, so that oil supply and demand dynamics is examined from more than one functional angle. They gain the ability to sequence improvements to this aspect of energy and hydrocarbon operations in an order their organisation can absorb. Comparative studies of demand dynamics across sectors find the same handful of failure points recurring. Work is grounded in real cases drawn from oil supply and demand dynamics, which each participant adapts to conditions in their own organisation. Moving demand dynamics from written policy into daily practice is not achieved by a single decision. Participants leave with a plan for the wider energy and hydrocarbon operations agenda sized to what their organisation can realistically absorb.

Expected Learning Outcomes

01

Apply recognised integrity and inspection practice to oil supply and demand dynamics.

02

Verify that improvements to demand dynamics have held six months after they were introduced.

03

Build the competence and certification matrix for staff working on oil supply and demand dynamics.

04

Assess the technical and commercial risk attaching to demand dynamics across the asset life cycle.

05

Assign clear ownership for each element of oil supply and demand dynamics across the functions involved.

06

Communicate the purpose of demand dynamics to those who have to comply with it.

07

Model the economics of oil supply and demand dynamics under a realistic range of price scenarios.

Who Should Attend

01

Analysts producing the data on which decisions about oil supply and demand dynamics rest.

02

Project engineers delivering capital work involving demand dynamics.

03

Maintenance and reliability engineers supporting oil supply and demand dynamics.

04

Inspection and integrity engineers assessing demand dynamics.

05

Specialists advising senior management on oil supply and demand dynamics.

06

Process safety and technical safety specialists reviewing demand dynamics.

Course Modules

01

Oil supply and demand dynamics: integrity, inspection and condition assessment

2 sessions · 8 points

Session 1Moving oil supply and demand dynamics from approval to execution

  • Check that oil supply and demand dynamics still works when volumes rise unexpectedly.
  • Confirm handover documentation for demand dynamics is complete and current.
  • Establish what evidence demonstrates oil supply and demand dynamics is under control.
  • Define the safe operating envelope for demand dynamics and how deviations are detected.

Session 2Holding contractors on demand dynamics to the standard you hold yourself

  • Model the economics of oil supply and demand dynamics at low, base and high price cases.
  • Establish the alarm philosophy applying to demand dynamics and remove nuisance alarms.
  • Agree the smallest change to oil supply and demand dynamics that would be visibly useful.
  • Agree what will be standardised in demand dynamics and what will not.
02

Demand dynamics: process safety, permits and isolation

2 sessions · 8 points

Session 1Comparing demand dynamics with recognised practice

  • Verify isolation points for oil supply and demand dynamics are proven and documented.
  • Distinguish symptoms from causes when demand dynamics underperforms.
  • Compare the cost of oil supply and demand dynamics with the cost of its absence.
  • Rehearse the briefing on demand dynamics that would follow an incident.

Session 2Competence and handover on demand dynamics when experienced staff leave

  • Collect evidence on the present handling of oil supply and demand dynamics before proposing changes.
  • Confirm that lessons from demand dynamics are shared beyond the team that learned them.
  • Review the instrumentation on oil supply and demand dynamics for coverage gaps.
  • Confirm that contractual obligations around demand dynamics are understood.
03

Demand dynamics: technical fundamentals and operating envelope

2 sessions · 8 points

Session 1Deciding between life extension and replacement for demand dynamics

  • Identify the failure modes of oil supply and demand dynamics with the highest consequence.
  • Check that the permit regime covering demand dynamics matches the actual hazard.
  • Review incident and near-miss history involving oil supply and demand dynamics.
  • Build the competence framework that supports demand dynamics.

Session 2The permit and isolation regime that oil supply and demand dynamics actually requires

  • Set out how exceptions to oil supply and demand dynamics are requested and approved.
  • Record the technical rationale for the chosen approach to demand dynamics.
  • Benchmark the organisation's oil supply and demand dynamics against comparable operations.
  • Establish who is informed, consulted and accountable in demand dynamics.
04

Demand dynamics: environmental obligation and emissions

2 sessions · 8 points

Session 1What the instrumentation on demand dynamics is and is not telling you

  • Verify emergency response arrangements cover the scenarios oil supply and demand dynamics can create.
  • Set the trigger for a life-extension versus replacement study on demand dynamics.
  • Check that management of change is applied to every modification of oil supply and demand dynamics.
  • Anticipate the objections demand dynamics will raise and prepare the answers.

Session 2Building the method for demand dynamics step by step

  • Identify single points of dependency in oil supply and demand dynamics and reduce them.
  • Assess the emissions and discharge attributable to demand dynamics.
  • Confirm contractor competence records for anyone working on oil supply and demand dynamics.
  • Draft the minimum viable operating procedure for demand dynamics.

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.