Decision Support Systems for Oil and Gas Projects
Course Info
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Course Details
Introduction
Objective
Who should attend
Course Location
Decision-making support systems (DMSS) methods are widely used for technical, economic, social and environmental assessments within different energy sectors, including upstream oil and gas, refining and distribution, petrochemical, power generation, nuclear power, solar, biofuels, and wind.
Decision Support Systems for Oil and Gas Projects programme provides participants the advanced skills required to execute effective business strategies. Looking at the Project Sanctioning and Approval Process (PSAP), which allows the viability of a project to be measured with emphasis to time, cost benefit and value addition.
Practical instruction will be provided on the relevant project processes and tools as well as consider the organisational structures to support the likelihood of future projects yielding desired result. This introduction to project sanctioning will lead into detailed planning and execution leading benefits being delivered.
Course Outline
Concepts of Project Management
- Projects and Programmes
- Project Life Cycles and Stage Gates
Intricacies of Project Approval in the Oil & Gas Industry
- Project Sanctioning and approval Process. (PSAP) for the Oil & Gas Industry
- Development of the Strategic Project Business Case
- Project Identification–Awareness of accountability of Project Ideas
- Exploration Survey & Drilling
