Advanced Petroleum Management Certificate

The sessions include lectures, discussions, and guided real-world practice. The aim is to develop problem-solvers and effective decision makers rather than merely conveying information.

Companies run businesses and to succeed in business they need to create value through management decisions. The energy industry has unique characteristics. It is highly capital intensive, has uncertain project outcomes, and is technically complex. This has led to specialized techniques that support good business decisions.

At the end of this training course, you will learn to:

• Understand the evolving energy business and its managerial challenges.
• Appreciate the uncertain nature of investing and the dynamics of the value drivers.
• Gain insights from models of uncertainty to support projects decisions.
• Apply the understanding in technical and managerial decision making.
• Use business analytic tools to support prudent decision making.

In this training course, we discuss the art and science of managerial decision making. Our discussions, while general in context, apply directly to the challenges of the oil and gas industry. Such an understanding is vital for management decision making.

The material in this training course will be useful to managers and decision makers in the energy business. The training course is also relevant to analysts, engineers, and consultants that support the process of decision making.

This training course is suitable to a wide range of professionals including:

• Managers and decision makers involved in value creation for the energy business.
• Commercial staff who would like to gain the skills to support major decisions.
• Decision makers involved in oil and gas financing and investment.
• Analysts involved in the analysis that creates insights for project decisions.
• Researchers and practitioners who aim to broaden their knowledge of the business.

Organisational Impact

The key challenge in the energy industry is in good managerial decision making. This training course trains individuals that

• Increase organization’s capabilities in analyzing and managing energy ventures.
• Possess knowledge and skills to develop high quality decision processes.
• Are effective in enhancing the petroleum value chain.
• Have an overview of the energy business and the appeal of the projects.
• Support the prudent decision-making process.
• Open doors to further opportunities in the energy landscape.

Personal Impact

With enhanced skills in effective managerial decision making, the individual would be an effective problem solver. These skills further lead to enhancing the value of the person in an organization. The set of skills and knowledge that this training course offers prepares individuals for a more effective role within the process of management decision making and investment in the energy business. This training course

• Increases personal capabilities in analyzing and evaluating energy ventures.
• Enhances the knowledge and skills in assessing the value creation potentials of opportunities.
• Make the individual effective in enhancing the petroleum value chain and the work process.
• Trains individuals that can address challenges and opportunities.
• Leads to identification of potential value creating opportunities and increases the value of the individual to the firm.
• Trains individuals to be effective managerial decision makers.