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.
| Program Type | |
|---|---|
| Location | |
| Unit | Full Program (Individual), Full Program (Team) |
Petroleum Business
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.
e-Learning self-study, individual or team participation in a competitive simulation game with a virtual mentor.
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.
Overview of the Petroleum Value Chain
Project Cash Flow Analysis
Crude Oil Transportation Options
Introduction to Simulation Scenario; Analyze Transportation Options
Gas Processing and NGL Markets
Select Gas Processing Facilities
Petroleum Refining and Product Specifications
Analyze Crude Oil Refining Opportunities
Overview of Petrochemicals
Evaluate Petrochemicals Opportunities
Marketing and Distribution of Petroleum Products
Select Product Markets; Submit Integrated Development Decision
Mentor Summary of Petroleum Simulation Game Results
