Midstream/Downstream Petroleum Business Fundamentals with a Challenging Learning Simulation Game

This six-week program is devoted to the midstream and downstream petroleum value chain with emphasis on technology, commercial fundamentals, and global markets for a wide range of petroleum processes and products. Weekly sessions include three hours of individual e-Learning and one-hour virtual session with an IHRDC mentor, who discusses the weekly learnings and introduces the business simulation assignments. Participants are then asked to evaluate alternatives and make decisions with respect to the midstream and downstream development of the West Africa project simulation assignment for that week.

Additional information

Program Type



Full Program (Individual), Full Program (Team)


March 14 to April 29, 2022, June 6 to July 22, 2022



Subject Area

Petroleum Business

Target Audience

Technical, commercial, and operations personnel who seek an in-depth understanding of the Midstream and Downstream Sectors of the petroleum industry and how it integrates into the larger oil and gas industry.


3-4 hours self-study and 1 hour online virtual mentored session per week for six continuous weeks.

Learning Formats

e-Learning self-study, individual or team participation in a competitive simulation game with a virtual mentor.

Simulation Scenario

Individuals/teams evaluate gas market alternatives and make development recommendations with respect to the midstream and downstream project options. The best performing team through 20 years of production wins the Team Prize.

Program Content


Overview of the Petroleum Value Chain

Project Cash Flow Analysis

Week One

Crude Oil Transportation Options

Introduction to Simulation Scenario; Analyze Transportation Options

Week Two

Gas Processing and NGL Markets

Select Gas Processing Facilities

Week Three

Petroleum Refining and Product Specifications

Analyze Crude Oil Refining Opportunities

Week Four

Overview of Petrochemicals

Evaluate Petrochemicals Opportunities

Week Five

Marketing and Distribution of Petroleum Products

Select Product Markets; Submit Integrated Development Decision

Week Six

Mentor Summary of Petroleum Simulation Game Results