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5 - OGE - Oil & Gas - General/Miscellaneous
OGE 123 - Fundamentals of Oil and Gas Industry
| Code | Start Date | Duration | Venue | |
|---|---|---|---|---|
| OGE 123 | 28 July 2025 | 5 Days | Istanbul | Registration Form Link |
| OGE 123 | 22 September 2025 | 5 Days | Istanbul | Registration Form Link |
| OGE 123 | 17 November 2025 | 5 Days | Istanbul | Registration Form Link |
| OGE 123 | 22 December 2025 | 5 Days | Istanbul | Registration Form Link |
Course Description
This course offers a comprehensive introduction to the oil and gas industry, designed for individuals without prior expertise but who require a foundational understanding of the field. It explores the entire lifecycle of oil, from exploration and extraction to refining, distribution, and end-use, providing a clear view of how the industry operates. Additionally, the course delves into key legal, economic, and operational aspects, including regulatory frameworks, market dynamics, and efficiency strategies. Participants will gain insights into the industry's challenges—such as environmental concerns, geopolitical influences, and technological advancements—as well as emerging opportunities in sustainability and energy transition. By the end of the course, learners will have a well-rounded understanding of the oil and gas sector and its role in the global economy.
Course Objectives
- Cover the full range of industry activities and challenges.
- Understand petroleum economics and market dynamics.
- Gain an overview of the oil extraction and processing process.
- Identify key issues in field development and management.
- Understand the oil and gas value chain, from exploration to sale.
Who Should Attend?
- Commercial managers
- HR managers
- Marketing and sales professionals
- Legal managers
- Executives involved in oil and gas operations
Course Details/Schedule
Day 1
- Introduction to oil and gas industry
- Key terminology in the oil and gas sector.
- Understanding life before the discovery of oil.
- The lifecycle of a petroleum field from exploration to abandonment.
- Countries with the largest oil reserves and production capacity.
- Basic properties of crude oil, natural gas, and liquid hydrocarbons.
Day 2
- Exploration and extraction processes
- Methods used to locate and discover oil and gas reserves.
- Techniques for extracting oil and gas from reservoirs.
- Overview of drilling operations and well completion methods.
- Equipment used in the exploration and production phases.
- Differences between conventional and unconventional oil and gas resources.
Day 3
- Production and reservoir management
- Overview of upstream fiscal terms and production sharing agreements.
- Appraisal of oil and gas fields and project feasibility.
- Understanding reservoir depletion mechanisms and recovery techniques.
- Key principles of reservoir management and optimization.
- Decommissioning of oil and gas fields and environmental considerations.
Day 4
- Midstream and downstream operations
- The oil and gas supply chain and logistics.
- Project planning and managing field developments.
- Selling and trading regulations in the oil and gas industry.
- Transportation methods for crude oil and natural gas (pipelines, tankers, LNG, etc.).
- Market dynamics and key stakeholders in oil and gas trading.
Day 5
- Safety, environmental, and risk management
- Environmental impact of oil and gas activities and mitigation strategies.
- Legal and regulatory aspects of access authority and land use.
- Safety measures for oil and gas workers in different operational environments.
- Identifying subsurface and above-ground risks and opportunities.
- Oil price risk management strategies and market volatility considerations.
