Course Description
A–Z of the Petroleum Industry Training Course provides a comprehensive understanding of the oil and gas value chain, from upstream exploration to downstream refining and market delivery. This Petroleum Industry Training Course explains how hydrocarbons are formed, discovered, developed, and commercialized, offering a complete picture of how value is created across the sector.
Participants will explore the integration of geology, engineering, and economics, along with the commercial and strategic factors that influence industry performance. The course highlights key drivers such as capital intensity, long project cycles, and market dynamics that shape decision-making in the global energy landscape.
By connecting upstream, midstream, and downstream activities, this Oil and Gas Value Chain Training Course equips participants with the knowledge to evaluate opportunities, manage risks, and understand how value is optimized across petroleum operations and markets.
What you will achieve
A–Z of the Petroleum Industry Training Course aims to strengthen understanding of both technical foundations and commercial decision-making across the oil and gas sector. It focuses on enabling participants to evaluate risks, opportunities, and value drivers throughout the industry lifecycle.
Participants will be able to:
- Describe the structure and functions of the global petroleum industry
- Explain the geology and formation of petroleum systems
- Analyze project economics, profitability, and investment performance
- Evaluate exploration and development decisions using risk frameworks
- Compare fiscal systems, contracts, and partnership structures
- Understand emissions trading and its role in petroleum strategies
- Assess risks and uncertainties in oil and gas projects
- Apply value-based decision-making across upstream to downstream operations
How the course is delivered
A–Z of the Petroleum Industry Training Course uses a blended and interactive learning approach to ensure strong knowledge retention and practical application. The course combines expert-led presentations with real-world examples to explain complex industry concepts.
Participants will engage in case studies, group discussions, and practical exercises that connect geology, engineering, and economics with market dynamics. Video materials and industry scenarios help illustrate how decisions are made across upstream, midstream, and downstream sectors.
Interactive sessions focus on applying decision-making frameworks to evaluate projects, assess risks, and interpret market signals. This approach ensures participants not only understand the petroleum industry but also develop the ability to apply insights in real business contexts.
Comprehensive course materials are provided to support continued learning and professional development.
Designed for
Petroleum Industry Training Course – From Upstream to Downstream is designed for professionals seeking a clear and structured understanding of the oil and gas value chain. It is suitable for both technical and non-technical individuals involved in decision-making, planning, and strategic roles.
This training course is ideal for:
- Executive directors and general managers involved in strategic decisions
- Operations managers overseeing oil and gas activities
- Strategy analysts evaluating market and investment opportunities
- Project managers responsible for development and execution
- Analysts working on economic and market assessments
- Technical staff involved in upstream, midstream, or downstream operations
- Commercial professionals engaged in contracts and trading
- Individuals seeking a broad understanding of the petroleum industry
Daily programme
- Introduction to Energy Landscape
- Basic petroleum geology: traps, seals, reservoirs
- Capital Intensity in Petroleum Projects
- Oil and Gas Value Chain: From Wellhead to Refining and Sales
- Industry structure: upstream, midstream, downstream
- Market fundamentals: supply sources, demand centers, and trade flows
- Major producers, consumers, and OPEC+ market influence
- From Upstream to Downstream and Trading
- Reserves estimation and classification
- Primary, secondary, and tertiary recovery mechanisms
- Scenarios of the Future: Strategic Consideration for Petroleum Investments
- Enhanced Oil Recovery (EOR): thermal, chemical, miscible
- Unconventional resources: shale, tight gas, heavy oil
- Integrating subsurface, wells, and facilities for long‑term value
- Oil price formula: time, location, and grade differentials
- Storage dynamics and contango/backwardation implications
- Energy Commodity Markets—Global Oil and Regional Gas Markets
- Trading and Price Discovery in Oil and Gas Markets
- Trading Instruments—Forwards, Futures, and Options
- Hedging Mechanisms in Oil and Gas Markets
- Volatility, Risk, and Market Opportunity
- Commodity Price Models for Valuations and Hedging
- Valuation Models and Risk Opportunities
- Value Drivers in the Oil and Gas Industry
- Risk-Return and Investment Appraisal Techniques—NPV, IRR, and Payback Period
- Economic limits, breakeven Price, and Project Screening
- Risk and uncertainty in economic modelling
- Case study: evaluating a field development using decision analytic tool
- Price risk, basis risk, and geopolitical uncertainty
- Oil and gas contracts: concessions, PSCs, tax‑royalty systems
- Alignment of interests in joint ventures Commercial structures
- Emerging Trends (Emission Markets, ESG, Carbon Storage)
- Energy Industry: Emission Trading and Sustainability
- Best Practices in Project Analysis
- Leadership Insights and Conclusion
Certification & accreditation
BII Certificate of Completion
BII Certificate of Completion Upon successful completion, participants receive a BII Development Institute Certificate of Completion with a unique reference code that is independently verifiable. Our certificates are recognised internationally and reflect successful completion of your chosen programme.
