Oil And Gas Value Chain: From Fundamentals To Advanced

Course overview

What does the oil and gas supply chain’s upstream, midstream, and downstream segments consist of? The exploration and production sector, sometimes referred to as the upstream sector, is in charge of choosing appropriate sites for well drilling in order to extract resources and recovering those resources from the selected sites. The chain’s midstream section deals with the marketing, storage, processing, and transportation of gas and oil. The downstream industry is more intimately connected to the client and focuses on all the essential elements required to guarantee prompt delivery to the client. Each of these industries and the related activities that they involve are very important through the oil and gas value chain.

Participants will have a thorough understanding of the oil and gas value chain by completing this Training Bee training course. Your prospects and potential to take on more tasks and duties to manage end-to-end operations, from raw material location to customer delivery, will grow if you have knowledge of and expertise in all three supply chain sectors. The skills you acquire in this course will be useful for careers that aren’t limited to managing operations within the three primary sectors, but also for other related opportunities that call for a comprehensive understanding of end-to-end oil and gas operations.

Introduction

An overview of the whole process involved in transporting natural gas and oil from their sources to the end customers is given in an introduction to the Oil and Gas Value Chain, which includes the Upstream, Midstream, and Downstream parts. This value chain powers transportation, heating, electricity generation, and a plethora of other applications, serving as the foundation of the global energy sector. Anyone hoping to work in or get an understanding of the oil and gas sector must comprehend the roles and relationships between these three segments.

These three elements (Upstream Segment, Midstream Segment, Downstream Segment) of the oil and gas value chain are interdependent, making it a highly interconnected and complicated system. The sector is constantly impacted by changes in the global market, environmental concerns, and technical improvements. It is important for experts and stakeholders in the oil and gas industry to comprehend the distinct phases of the value chain, together with the associated obstacles and prospects they offer. As the sector navigates the shift towards cleaner and more sustainable energy sources and processes, this knowledge is likewise becoming more and more crucial.

We are The Training Bee, a global training and education firm providing services in many countries. We are specialized in capacity building and talent development solutions for individuals and organizations, with our highly customized programs and training sessions.

Learning Objectives

Upon completing Oil and Gas Value Chain – Upstream, Midstream and Downstream, participants will be able to:

• Thorough comprehension of the oil and gas supply chain, including an in-depth analysis of all upstream, middle, and downstream activity.
• Appropriate comprehension and expertise to instruct and direct other experts on the best ways to carry out one or more of the three sectors’ functions.
• The ability to oversee and carry out modifications to existing systems and procedures in order to improve efficiency and connect the three sectors together.
• The know-how to use technology to automate as much as possible in order to manage and retrieve data efficiently.
• The experience and self-assurance to support organizational growth through improved operations.

Our Unique Training Methodology

This interactive course comprises the following training methods:

• Journaling – This consists of setting a timer and letting your thoughts flow, unedited and unscripted recording events, ideas, and thoughts over a while, related to the topic.
• Social learning – Information and expertise exchanged amongst peers via computer-based technologies and interactive conversations including Blogging, instant messaging, and forums for debate in groups.
• Project-based learning
• Mind mapping and brainstorming – A session will be carried out between participants to uncover unique ideas, thoughts, and opinions having a quality discussion.
• Interactive sessions – The course will use informative lectures to introduce key concepts and theories related to the topic.
• Presentations – Participants will be presented with multimedia tools such as videos and graphics to enhance learning. These will be delivered engagingly and interactively.

Training Medium

This Oil and Gas Value Chain – Upstream, Midstream and Downstream training is designed in a way that it can be delivered face-to-face and virtually.

Course Duration

This training is versatile in its delivery. The training can be delivered as a full-fledged 40-hour training program or a 15- hours crash course covering 5 hours of content each day over 3 days

Pre-course Assessment

Before you enroll in this course all we wanted to know is your exact mindset and your way of thinking.
For that, we have designed this questionnaire attached below.

• What is the midstream sector’s main goal in the value chain for oil and gas?
• Describe the midstream segment’s use of storage, transit, and pipelines.
• What role does midstream infrastructure play in the effective and secure movement of gas and oil products?
• Which environmental and regulatory factors are crucial for midstream operations?
• Describe the connections between the various parts of the value chain for oil and gas.
• How does the midstream sector help to connect operations that are upstream and downstream?
• What are the effects of changes in oil prices on each section of the value chain as a whole?

Course Modules

This Oil and Gas Value Chain – Upstream, Midstream and Downstream covers the following topics for understanding the essentials of the Agile Workplace:

Module 1 – Features of the Upstream Gas and Oil Industry

• High reward at high risk
• Intensely regulated
• Global politics’ impact
• Heavy on technology

Module 2 – Divisions in the Upstream Sector

• Drilling offshore
• Mines for oil sands
• Provision and assistance
• Production
• Seismic data
• Geological evaluations

Module 3 – Upstream Oil and Gas Operations’ Components

• Exploration
• Drilling
• Production

Module 4 – Obstacles in Upstream Activities

• Inventory control
• Supply chain challenges in projects
• Import supply chain difficulties
• Problems in the outbound supply chain
• Challenges in the supply chain for remote workers

Module 5 – Important Midstream Asset Components

• Distribution
• Storage
• Processing
• Fractionation
• Marketing

Module 6 – Components of Midstream Operations

• Gathering
• Field processing
• Fractionation
• Transportation

Module 7 – The Keys to Midstream Operations’ Success

• The ongoing provision of reserves by upstream operations
• Production of refined products is encouraged by refinery margins.
• The state of the markets for natural gas and downstream industries
• Levels of natural gas prices that affect appeal
• Opinion on politics

Module 8 – Midstream Company attributes

• Low danger
• Intensely regulated
• Reliance on the upstream sector’s health
• Dependent on resources
• The impact of market prices on demand

Module 9 – Different Downstream Risk Types and How to Manage Them

• Hazards to the environment
• Demand hazards
• Production hazards
• Risk of supply
• Risks of supply chain backward flow

Post-course Assessment

Participants need to complete an assessment post-course completion so our mentors will get to know their understanding of the course. A mentor will also have interrogative conversations with participants and provide valuable feedback.

• Describe the effects on the entire oil and gas value chain of the interconnection between the upstream, midstream, and downstream parts.
• Give instances of how these divisions have worked together to improve efficiency and streamline operations.
• How can businesses improve the performance of their operations and strategy across the value chain?
• Describe the function of safety and compliance rules in each stage of the value chain for oil and gas as well as the methods used to enforce them.
• Give instances of industry best practices for guaranteeing safety and legal compliance.
• Talk about the sustainability and environmental issues that the oil and gas sector is facing, as well as how each component is addressing these issues.
• Describe particular programs or technological advancements that are being made to lessen the environmental impact of oil and gas activities.

Lessons Learned

Complex Interdependence: The three primary components of the oil and gas business are intricately dependent on one another. Comprehending this interdependence is essential for streamlining processes and guaranteeing the effective transfer of energy resources from exploration to final consumers.

Safety and adherence to rules come first: In every link in the value chain, environmental regulations and safety are non-negotiable. Preventing accidents, safeguarding the environment, and upholding public confidence all depend heavily on the industry’s dedication to safety and strict adherence to rules.

Environmental Sustainability: In the oil and gas sector, sustainability is becoming more and more important. Through the use of technology, increased productivity, and conscientious resource management, each section must aggressively tackle environmental challenges.

Market Dynamics Matter: Global market dynamics and geopolitical considerations have a significant impact on the oil and gas business. To effectively make decisions and manage risks, one must comprehend the effects of variables including international relations, energy policy, and oil prices.

Technology and Innovation: Across all areas, improved operational efficiency, safety, and sustainability are greatly aided by technological breakthroughs. The sector is changing as a result of innovations like automation, data analytics, and integration of renewable energy.

The sector needs to maintain its capacity to adjust to evolving consumer needs and environmental requirements. Businesses with the ability to quickly adapt and adopt new technology stand a better chance of succeeding.