Oil & Gas Business, Management & Technical Training Programs in London and Worldwide
Established in 1994 and located at Hammersmith, London, London Corporate Training (LCT) is a leading provider of executive education for international delegates from governments and corporations around the world including directors, senior executives, junior managers, entrepreneurs and business owners. LCT Open Courses are delivered in the training center in Hammersmith, London.
The training center is located around 30 minutes from London Heathrow and has over 20 high quality hotels and similar accommodation within walking distance.
In addition to The Open Courses, LCT also specializes in tailor-made courses that can be delivered anywhere in the world - at client offices, other leading international cities like New York, Dubai, Barcelona, Kuala Lampur or at their own training center.
The courses suitable for all skill levels, from senior management to technical staff, and each course is led by members of our expert team of trainers. Since 2009, LCT has been running a number of courses overseas in North America and the Middle East. Programs are accredited by British Accreditation Council (BAC), Continuing Professional Development (CPD), and the Institute of Leadership & Management (ILM).
Oil & Gas Programs
- Business Environment and Finance (2 weeks): By the end of the course delegates will be able to present the main feature of the global Oil & Gas business environment; speculate on emerging trends and opportunities; apply knowledge of macro-economic factors both regionally and globally that shape the industry; use knowledge of the key financial management systems; describe financial instruments and their impacts; Manage: Market risk, Credit risk and Liquidity risk; and, undertake effective financial modelling & scenario planning.
- FPSO Design, Technology and Operations (4 days): By the end of the course delegates will be able to - Be aware of the history of the FPSO and the reasons why it has developed to become a mainstream choice for offshore production; Be familiar with the various forms of floating production systems and how the FPSO fits within the applications; Appreciate the concepts and the options available for offshore field development; Be aware of the main technical and economic drivers in relation to the choice of an FPSO as the host facility; Understand the main technical questions surrounding the design of the FPSO and their resolutions; Be familiar with the main building blocks for an FPSO design; Understand the design and selection of the hull and mooring system; Understand the configurations available for the subsea layout in terms of the manifolds, flow lines, risers and umbilicals; Be familiar with the layout and configuration of the topsides process plant on an FPSO based on both safety and operability criteria; Be familiar with the main marine systems of the FPSO based on the need for safety of the vessel and persons on board.
- Fundamentals of Oil & Gas Exploration & Production (2 weeks): By the end of the course delegates will be able to - Deliver a comprehensive overview of the oil and gas exploration and production industry; Describe a historical, current and future perspective for both non-technical and technical staff; Explain the principles of exploration, drilling, development and production; Elaborate on what is happening in the industry, now and in the future; Explain the full lifecycle of exploration to product delivery; Identify the nomenclature and terminology used in the industry.
- Introduction to Process Safety (4 days): The final objective at the end of the course is to create a broad understanding of the tools and problem-solving techniques used in process safety.
- Oil & Gas-Business Finance (5 days): By the end of the course delegates will be able to - Develop the key components of a financial management systems; Use knowledge of financial instruments and their impacts; Manage: Market risk, Credit risk and Liquidity risk; Undertake effective financial modelling and scenario planning.
- Oil & Gas Business Environment (5 days): By the end of the course delegates will be able to - Present the main features of the global Oil & Gas business environment; Speculate on emerging trends and opportunities; Apply knowledge of the macro-economic factors both regionally and globally that shape the industry.
- Oil & Gas Contract Management (5 days): By the end of the course delegates will be able to - Lead and manage procurement processes and contract discussions and negotiations; Identify risks that contracts should address Employ contractual tools and techniques to increase competitive advantage; Apply typical standard contract terms and conditions; Initiate and develop better commercial contracts within their organization; Improve supplier performance through better contracts; Plan and manage the resolution of contractual disputes.
- Upstream Oil & Gas Development Lifecycle Costing (5 days): By the end of the course delegates will be able to - Better collaborate within multidisciplinary teams on field development planning tasks leading to investment decisions; Give a comprehensive overview of the nature and magnitude of exploration, development, production and decommissioning costs; Explain how to express lifecycle costings in cash flow and economic models; Describe the challenges of upstream lifecycle costing, and dealing with uncertain and incomplete information.