This course aims to provide an updated overview of the energy sector and the upcoming economic, political and environmental challenges (Covid-19, climate change, supply and demand crisis, unconventional Oil & Gas…). Participants will get a complete overview of both fossil fuels and renewable energy sources, with their respective benefits and burdens.
Public :
This course is geared towards engineers from the energy sectors (oil, gas, renewables, power), industrial partners, executives (banking, insurance, consulting), public administration staff, PhD and postgraduate students.
Level :Knowledge
Prerequisite :
Basic knowledge of the energy sector, mastery of the main economic indicators (opex, capex, cash-flow, IRR, etc.).
Course Content
INTERNATIONAL ENERGY SCENE
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Duration : 0.5 Day
Energy resources: definition, characteristics, conversion factor.
Climate change & energy transition: supply/demand asymmetry, Kaya’s identity analysis.
Short and long-term forecasts (Covid-19 crisis, supply situation, climate change) and IEA scenarios.
OIL SECTOR ISSUES
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Duration : 1 Day
Stakeholder’s strategy: NOC, IOC, majors, international organizations.
Upstream: stages and technical-economic aspects of the Exploration-Production.
Oil contracts and principles of oil rent sharing.
Downstream: refining economics and margins, capacity and new projects.
GAS SECTOR ISSUES
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Duration : 1 Day
Structure of the gas value chain: production, treatment, transportation, storage.
Pros and cons: natural gas and LNG in the energy transition.
Markets & grids, introduction to gas contracts.
Focus on current trends: crisis, market, evolutions, technological breaks...
RENEWABLES ISSUES & ENERGY TRANSITION
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Duration : 1 Day
Overview of the main renewables: solar, wind, hydro, bio, geothermal.
Comparison and competition: outputs, costs, availability, pros, limits.
CCUS technology and use of renewables in the Oil & Gas sector.
Stakeholders’ strategy and supply chain presentation.
CASE STUDIES
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Duration : 0.5 Day
Economic calculations on Oil & Gas and renewables projects.
Attendees will be able to implement the following skills:
Describe the main stages (upstream, downstream, trading) of the oil and gas sectors and understand the technical and economic characteristics of hydrocarbons (production, outlets, availability, market),
Analyze the advantages and disadvantages of each energy and interpret the evolution of factors affecting the supply and demand of the energy mix,
Identify the actors of the energy scene and their strategic lines (states, international organizations, public and private companies in the sector),
Understand the role of renewable energies in the energy mix (maturity, intermittency, carbon footprint).
Ways & Means
Quiz and videos on the fundamentals of the energy sector.
Board game about the different steps of an oil or gas project.
Team game on the composition of the energy mix and the role of renewables.
Team game on factors affecting crude prices, the upstream sector and trading.
Learning assessment
Participants will be evaluated during the training through quiz and exercises.
More
Coordinator :IFP Training trainers having expertise and experience in oil sector economics.
To French entities : IFP Training is referenced to DataDock ; you may contact your OPCO about potential funding.
Please contact our disabled persons referent to check the accessibility of this training program : referent.handicap@ifptraining.com
IFPT Account
