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Mastering the Oil and Gas Business Essentials

By: McTimothy Associates Consulting LLC  

Lagos State, Nigeria

13 - 17 May, 2024  5 days

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NGN 200,000

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Venue: The Professional Place: 12B Olumoroti Street, Gbagada Phase 2, Lagos.

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Other Dates

Venue Date Fee  
The Professional Place: 12B Olumoroti Street, Gbagada Phase 2, Lagos., State, Nigeria 13 - 17 Aug, 2024 NGN200000
Ghana: Best Western Plus Hotel, Beach Drive, Nungua, Accra-Ghana., Ghana 09 - 18 Dec, 2024 USD7500

The global oil and gas industry is under sweeping changes due to international pricing competition and with the dynamics of the industry changing, with aging asset infrastructure and the need to decommission equipment in a safe and environmentally friendly way. However, as well as aging infrastructure, there is also an aging workforce that is leaving the industry and taking valuable knowledge and expertise with it. With the industry in need of a new workforce to take it strongly into the future, this clear practical and exciting course gives you the foundation knowledge to help you on your oil and gas industry career. 

Course Methodology

The material used in the training course will be based on exercises as well as regional and international case studies. Participants will frequently work in pairs with one another as well as in larger teams.

Course Objectives

By the end of the course, participants will be able to:

  • Recall the structure and lifecycle of the oil and gas industry, and understand how the industry functions from upstream, through midstream to downstream.
  • Recognize how oil is formed, found, recovered/extracted, processed, transported, and sold.
  • Describe terminologies and functions, including installations, production facilities and onshore/offshore operations and support requirements.
  • Explain oil and gas operations and the associated challenges, as well as the various systems monitoring and controlling equipment.
  • Examine why the industry is classified as a high-risk safety critical industry.

Target Audience

Anyone wishing to gain an overview or basic understanding of oil and gas, the industry, or its operations. This includes but is not limited to, anyone new to the oil and gas industry, contractors working with clients in the industry, or anyone within a non-technical role in the industry who is seeking a greater understanding of operations.

Target Competencies

  • Principles of Oil Production
  • Onshore/Offshore Operations
  • Oil and Gas Operations
  • Oil and Gas Safety

Course Outline

  • Introduction to oil and gas and the industry
    • History of the industry
    • Scope of onshore operations
    • Scope of offshore operations
    • Global market outlook: energy requirements and statistics
    • Characteristics of oil and gas
    • Characteristics of rock
    • Origin of oil
    • Gas migration
    • Accumulation of oil and gas
    • Traps
  • Upstream Production and Equipment
    • Production processes
    • Onshore
    • Offshore
    • Equipment requirements and uses.
    • Onshore
    • Offshore
  • Risks And Upstream Exploration Activities
    • Health and safety
    • Security
    • Quality management
    • Environmental management
    • Risk management
    • Exploration surveys
    • Obtaining drilling rights
  • Oil and gas drilling
    • Drilling rigs
    • Bottom-supported units
    • Floating units
    • Land based units
    • Drilling a well
    • Bits and drilling fluid
    • Circulating system
    • Rotating systems
    • Power system
    • Hoisting system
    • Drilling personnel
    • Selecting a rig
    • Drilling from bottom-supported units
    • Drilling from floating units
    • Formation valuation
    • Well abandonment
    • Completion
    • Drilling platforms and land-based units
    • Mobile offshore drilling units
    • Directional and horizontal drilling
    • Well completion
  • Midstream, Downstream and Decommissioning
    • Processing requirements
    • Storage and its importance
    • Fuel transportation
    • Refinery
    • Unconventional explanations
    • Decommissioning
The Professional Place: 12B Olumoroti Street, Gbagada Phase 2, Lagos. May 13 - 17 May, 2024
The Professional Place: 12B Olumoroti Street, Gbagada Phase 2, Lagos., State, Nigeria 13 - 17 Aug, 2024
Ghana: Best Western Plus Hotel, Beach Drive, Nungua, Accra-Ghana., Ghana 09 - 18 Dec, 2024
NGN 200,000.00(5% Group Discount for 3-5 participants, or 10% Group Discount for 6 and above participants)
NGN 200,000.00(5% Group Discount for 3-5 participants or 10% Group Discount for 6 and above Participants)
NGN 200,000.00(5% Group Discount for 3-5 participants or 10% Group Discount for 6 and above Participants)
USD 7,500.00(5% Group Discount for 3-5 participants or 10% Group Discount for 6 and above Participants)
(Convert Currency)

McTimothy Associates 2347034854045, 2348150425712

5% Group Discount for 3-5 participants, or 10% Group Discount for 6 and above participants

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