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Course in Modern Methods For Evaluation Oil Projects and Making Decisions


Summary

The British Academy for Training and Development offers a training course on modern methods for evaluating oil projects and decision-making. This course is aimed at anyone who wishes to gain extensive experience in the oil and gas industry, focusing on how to assess project performance and protect the environment from pollution caused by oil spills.

Oil, often referred to as black gold, is a flammable liquid that is dark in color with a greenish tint. It is found in the upper layer of the Earth's crust and is composed of a complex mixture of hydrocarbons, particularly valuable alkanes. Its appearance, composition, and purity vary significantly depending on the extraction location. Oil is an essential primary energy source, according to global energy statistics. It is burned and used to generate electricity, run factories, and power transportation and engines. The largest consumer of oil is the United States, which consumes about a quarter of the estimated global production of around 80 million barrels daily. While oil plays a crucial role in many aspects of life, errors in extraction can lead to noticeable environmental and social pollution due to accidents and routine activities associated with its production and operation. Therefore, there is a need for tools to evaluate the performance of oil projects.

Objectives and target group

The British Academy for Training and Development offers this course to the following categories:

  • Directors and owners.
  • Directors of oil extraction fields
  • All workers in supervision oil departments
  • Petroleum Engineers.
  • workers in petroleum facilities security.
  • Workers in the environmental control services.
  • Workers of work quality control in the oil facilities.
  • Directors and owners.
  • Directors of departments
  • Directors of the accounting department in oil companies.
  • Directors of the accounting department in gas companies.
  • Directors of the accounting department in public institutions for petrochemicals.
  • All workers in accounting sector of oil institutions and companies.
  • Employees of environmental state institutions.

After completing the program, participants will be able to master the following topics:

  • Gain experience in management oil projects.
  • Keeping high quality performance for oil projects.
  • Achieve the highest vocational and environmental safety and health in oil projects.

Course Content

  • Oil forming, excavation and extraction.
  • Effect of oil leak in environments
  • Formation, drilling, and extraction oil and natural gas.
  • Definition and importance of internal audit.
  • Internal control systems.
  • Listing and creating financial statements in work costs in oil buildings and petroleum extraction.
  • Developing accounting skills for costs of petroleum stocks in deposits.
  • Advanced skills of preparing and drafting costs for oil refineries.
  • Creative methods and solutions to decrease general cost for oil extraction and petroleum derivatives.
  • Causes of oil contamination.
  • Resources of oil leaks.
  • The potentials and foundations for the success of protection methods.
  • Examples of some accidents.
  • Establishing and developing the quality of the occupational health and safety management system.
  • Establishing and developing joint arrangements for occupational health and safety management.
  • Establishing and developing risk identification, assessment and control procedures.
  • Evaluate sources of information and data about the work environment in order to identify hazardous tasks and conditions.
  • Analyze the work environment for risk assessment.
  • Get rid of negative for oil production.

Course Date

2024-11-18

2025-02-17

2025-05-19

2025-08-18

Course Cost

Note / Price varies according to the selected city

Members NO. : 1
£4200 / Member

Members NO. : 2 - 3
£3360 / Member

Members NO. : + 3
£2604 / Member

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