Petroleum Industry

Overview:

Introduction:

The petroleum industry encompasses the exploration, extraction, refining, and distribution of oil and natural gas, playing a critical role in fueling global energy needs and supporting various industrial processes. This training program offers comprehensive view and skills development for professionals seeking to enter or advance within the oil and gas sector. Through it, participants will be equipped with the knowledge and expertise needed to contribute effectively to various aspects of the petroleum industry.

Program Objectives:

At the end of this program, participants will be able to:

• Identify key process operations related to the exploration & production of upstream industry feedstock.

• Analyze the key process operations related to refining and production of downstream products.

• Recognize the total spectrum of the oil and gas industry and the challenges faced.

• Develop skills to assist in the evaluation of corporate opportunities.

• Explore the structure of the oil and gas business.

Targeted Audience:

• Technologists.

• Mechanical engineers.

• Safety and Inspection engineers.

• Operations, Maintenance, or project engineers.

Program Outlines:

Unit 1:

Origins of Petroleum:

• Understand the origins of oil and gas.

• The chemistry of petroleum and its components.

• The geology of petroleum and its natural formation.

• Explore the exploration and production processes of petroleum.

• Recognize the different types of wells and their roles in petroleum extraction.

Unit 2:

World Energy Markets:

• Examine the geopolitics of pipelines and their impact on global energy.

• Understand the role and influence of OPEC (Organization of the Petroleum Exporting Countries).

• Explore the function and data provided by the EIA (Energy Information Administration).

• Review statistical data on petroleum consumption and supply trends.

• The distribution, transmission, and transportation of petroleum products, including tank farms and storage.

Unit 3:

Refinery Operations:

• Understand the physical separation process through distillation in refineries.

• Learn about chemical conversion processes in refining.

• The blending process for petroleum products.

• Explore refinery complexity and its impact on operations.

• Analyze refining margins and their effect on profitability.

Unit 4:

Gas Processing:

• Understand inlet separation and dehydration/dewpoint control processes.

• Learn about contaminants and pipeline gas specifications.

• Amine gas sweetening for natural gas treatment.

• Explore physical solvent processes for gas treatment.

• Sulfur recovery processes and gas compression & liquefaction.

Unit 5:

Oil and Gas Management:

• Understand the cost estimation processes for oil and gas facilities.

• Learn about pricing, trading, and risk management in oil and gas markets.

• Explore crude benchmarks and how they influence price estimation.

• Explore derivatives such as futures, options, and swaps in oil and gas markets.

• Understand the impact of climate change and renewable energy on the oil and gas industry.