| Oil and Gas Seminars
The following sixteen (16) oil and gas seminars will be offered
during the International Petroleum Management Program:
Seminar Outlines
Seminar 1: Global Oil Industry:
Challenges & Opportunities
- Identifying the structural changes facing the oil companies
- Examining the future trends in the oil and gas economy
- Analyzing the challenges and opportunities presented by
the emerging competitive environment in the international
petroleum indust
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Seminar 2: Petroleum Economic
Evaluation & Investment Decision
Making
- Investment decision-making methods used by oil companies
- Factors that influence the economic life of petroleum projects
- Discounted cash flow analysis: NPV, PVR, IRR, GROR
- Critical reinvestment rate
- Incremental rate of return and payback
- Maximum financial exposure
- Weighted average cost of capital as an investment criterion
- Impact of inflation, taxation, & loans on petroleum project
economics
- Leasing versus buying decisions in oil and gas operations
- Impact of depreciation on project economics
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Seminar 3: Risk Management and
Decision Analysis
- Risk assessment methods used in decision making by oil companies
- Decision Tree Modeling and Analysis
- Implementation of risk management strategies
- Decision-making under uncertainty
- Option pricing
- Risk aversion and risk sharing
- Evaluating projects with multiple outcomes
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Seminar 4: Corporate Strategic
Planning of Major Oil Companies
- Strategic Alliances: the making of mega-nationals
- Mergers and acquisitions
- Rationalization of operations
- Research and Technology
- Decentralization
- New Management Techniques: the business unit concept
- Interdisciplinary approach to managing projects
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Seminar 5: Financial Management,
Planning and Analysis
- Objectives of financial management
- Balance sheet and income statement analysis
- The concept of financial leverage
- Short term versus long term financing decisions
- Working capital management
- Domestic and international money markets
- International financial institutions
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Seminar 6: Oil Prices Issues: Forecasting
and Future Trends
- Examining the factors that influence oil price movements
- Crude oil futures and options market
- Netback pricing, spot price and barter trade
- Basket of Crude Price
- OPEC Quotas and Oil Price Forecasting
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Seminar 7: International Natural
Gas Market
- Developments in the natural gas industry
- Global natural gas trade and pricing
- LNG and pipeline transportation of natural gas
- International gas economy: future trends
- Corporate strategies of gas companies
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Seminar 8: Managing Organizational
Change
- Leading successful organizational change efforts
- Case studies related to oil and gas companis
- Planning and implementing change
- Working in a changing environment
- Managing crises (ie Oil spill)
- How to motivate teams in times of organizational change
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Seminar 9: International Petroleum
Agreements
- Key issues in relationship between oil companies & governments
- Examining the different types of international petroleum agreements
- Concessions- royalty/tax systems
- PSAs, joint ventures, JOA, and service contracts
- RRT contracts, risk sharing, and technology transfer
- Analysis of cashflow under different types of contracts
- Examining global petroleum fiscal regimes
- Bidding systems, R-factor, ring fence
- Corporate and excise taxes, depletion and depreciation allowances
- Factors to consider in drafting petroleum agreements
- Recent developments in international petroleum agreements
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Seminar 10: Oil & Gas Accounting
- Accounting principals, practices and procedures in oil and gas
operations
- Accounting and reporting for joint operations
- Financial accounting methods
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Seminar 11: Management Techniques
- What successful managers do: cases from the petroleum industry
- Key principles of management
- Effective communication and motivation
- Offering feedback and appraisals
- Influencing and persuading others
- Delegating skills
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Seminar 12: Project Finance &
New Financing Mechanisms
- Oil and gas project finance
- Advantages and disadvantages of project financing
- Characteristics of a project viable for financing
- Types of project financing techniques
- Risk associated with oil and gas project finance
- Creative financing techniques in the oil and gas industry
- MLPs, LBO, and equity kicker
- Oil price-linked financing instruments
- Financing of oil and gas projects based on reserves
- Understanding the loan approval process
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Seminar 13: Mergers and Acquisitions
in the Petroleum Industry
- Reasons for M & A
- Financing and economics of M & A
- Why some M & A are successful and others are not
- Impact of M & A on the petroleum industry
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Seminar 14: Managerial Skills
and Relationships
- Enhancing managerial and leadership skills in petroleum organizations
- Building and managing effective teamwork
- Stimulating creativity and innovation
- Setting goals and performance standards, and monitoring performance
- Managing conflicts
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Seminar 15: Privatization of National
Oil Companies
- Objectives and methods of privatization
- Methods of privatization
- Impact of privatization on international oil exploration
- Privatization of NOCs resulting in changing the structure of
the global oil industry
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Seminar 16: Petroleum Negotiation
Strategies
- Preparation and organization for petroleum negotiations
- Characteristics of a successful negotiator
- Negotiation principles
- Successful negotiation techniques
- Arbitration
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