The objective of this program is to provide the participants with extensive exposure to the many complex management issues presently confronting the Upstream Petroleum Industry and to strengthen their understanding to manage a business successfully.

Innovative technologies in the recovery of oil and gas are also changing the landscape of the petroleum industry. Managing international supplies, understanding fiscal terms, and comparison of worldwide fiscal systems are critical to an understanding of Upstream production sharing and joint venture contracts.

Risk Analysis of Upstream Projects, Project Evaluation, and investment decision-making require several cross-functional skills that are seamlessly presented and explained with case studies in this program. To achieve maximum effectiveness, managers and professionals must continually expand their business knowledge and sharpen their skills. This class will cover

• The basics of oil and gas exploration, production, and its recovery economics to fully understand this global business that fuels the global economy

• The essential concepts and best production practices of the international oil & gas supply, transportation, and trade in the oil and gas industry

• Fundamentals of Fiscal terms and conditions, and comparison of World Fiscal Systems

• Upstream Concessionary, Production Sharing, Service, and Joint Venture Contracts in oil, gas, and LNG production

• Fundamentals of petroleum economics and investment evaluation

• It seamlessly covers the wide array of critical business functions, and processes, and appropriately deals with the business practices and tactics to build the necessary business acumen in the Competitive and low-price environment