Course dates
Course Overview
The purpose of this course is to provide you with the basic understanding of the technology of production, operating plants, and gas uses to provide a better insight to guide investments and decision making.
Key Elements
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An examination of the changing technologies and why they are entering the realm of global politics.
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The cost structure of various plants and uses such as LNG, Power Generation, Gas to Liquids (GTL) and others.
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Design criteria for plants, users and pipelines.
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An understanding of the machinery used in today’s plants.
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The variation in the gas industry around the world and how some changes have a worldwide effect.
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A look into LNG from the producer to the markets examining some of the economic factors.
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An examination of the future of some of the new
technologies and some of the warning signs to watch.
Day 1
Course Introduction
- How the course is presented
- Why the understanding of the worldwide Natural Gas industry is important
- The fundamental driving forces in the industry that will be
- examined
- A review of the terminology that will be used in the course
Sources of Natural Gas
Presentation of the various sources of natural gas by the use of schematics and photos. The basics of the cost elements that effect gas pricing and where applicable the environmental and political considerations are reviewed for the following sources:
- Associated gas
- Single phase gas
- Shale gas & understanding the process of fracking
- Coal bed Methane
- Tight formation gas
- Condensate wells
- Offshore production
- Arctic (Severe cold climate) production
Case study: Sources of Natural Gas A review of the selection process and criteria for the machinery needed to accomplish production for projects involving five of the basic sources of natural gas. This will include the examination of unique criteria for desert, arctic and offshore production based on existing projects.
Exercise:
The data presented in the worldwide review of gas business opportunities, 2012 to 2035 will be discussed in an open format to determine the cost and issue bases for the discussions for Day 3. This interactive discussion will be geared towards forming a group consensus and provide an ability to include up-to-date data in our Day 3 examinations of issues and cost
Day 2
Uses of Natural Gas
Presents the technology using schematics and photos, basic gas cost data, reviews plant cost analysis, criteria for selection
of the process or use:
- Gas plants at wellhead or distribution center includes the criteria for gas dehydration
- Long distance gas pipelines with basic criteria for increasing flow
- LNG where used and the factors, including cost affecting the building of a plant. Includes the need and cost for shipment and regasification plants.
- Gas to liquids (GTL) plants including the costs, history and future
- Compressed Natural Gas (CNG) operation for vehicles and how this compares in the race for green energy.
- Power generation using combined cycle plants (CCGT) and feasibility for replacing coal with gas. How does the price of gas affect the selection of gas turbines for power generation?
- Use of heavy ends from gas plants in petrochemical production. Includes a review of the transportation criteria and costs.
- Review of machinery used in production and uses of the gas
- Arctic (Severe cold climate) production
Exercise:
Not all geographical areas can support all the uses of natural gas that have been discussed. After the presentation of the uses we will examine the criteria to determine the basis for plant location.
Case study: Uses of Natural Gas An examination of the criteria for, and ultimate decisions, on two significant USA projects one being an interstate gas transmission project and the other being a Gas to Liquids (GTL) plant in Ohio and Louisiana. The competing end uses for the gas are analysed as well.
Day 3
An examination of the criteria for the building of
LNG plants
A set of cost information and other criteria will be provided to allow an investigation into understanding how worldwide conditions influence the decision to construct an LNG plant. The examination will include some recent examples of the political influence on the construction decision.
Case studies:
- For the discussion on LNG there will be multiple scenarios presented for review namely:
- LNG production in Australia with shipment to Japan
- LNG production in Qatar with shipment to
- Europe and the United States
- Production in Nigeria with shipment to Europe and the United States
- A group discussion of the political considerations including Russia and Iran
The effect of the use of natural gas on environmental
issues
Subject specific information will be provided to enable the discussion of two areas of use; power generation and CNG in vehicles. The group will conclude this portion with a view to assessing the effect of natural gas on the “green initiatives”.
Why shale gas and fracking are leading the revolution
This will include a closer look at the processes used in non conventional natural gas extraction by fracking and its effect on crude oil production. The environmental and political issues will be discussed in an open format as well as the effect on investment decisions.
What’s new on the technology horizon?
- Drilling and completion
- Arctic area initiatives
- Deep water production
- The effect of some technologies on the cost of producing
Exercise:
For the discussion of environmental issues, a basis to properly analyse the issues on a more realistic cost impact basis will be presented and discussed. It is of importance to have an economic basis to evaluate the various “green initiatives”.
Recap the course
Central London Hotel (energy), London, UK
All Euromoney Energy Training courses are held at four or five star venues in Central London, Zone 1. We strive to provide you with a training environment of the highest quality, to ensure that the whole learning experience exceeds your expectations.
Your training venue will be confirmed by one of our course administrators approximately 3-4 weeks before the course start date.
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Paul Steffen
Paul Steffen has more than 40 years’ experience in the international oil and gas business. He has been involved in projects in more than 35 countries both in production and refining. His activities have involved a host of companies worldwide including Shell, Exxon, Mobil, Fluor, Bechtel, Gaz de France, Arco, PDVSA, INOC, NIGC, Saudi-Aramco and
many more.
His international assignments have included the design and execution of production facilities from secondary recover by high pressure gas injection in Nigeria to gas lift stations in Saudi Arabia to offshore production in Mexico. His pipeline activity included intrastate and interstate pipelines in the United States to European pipelines and IGAT II in Iran.
Paul’s experience ranges from being General Manager of Middle East operations for Ingersoll-Rand, President of the consulting firm EnMar consulting for international energy clients and as President of a Dover Company he added extensive experience in China and in the production of alternate fuels in the US.
Starting in 1995, Paul has been involved in system and management consulting for international clients by leading seminars and conducting training on the technical and financial facets of investments in upstream, midstream and downstream natural gas.
Interested in holding this course in-house? Please fill out your details and a member of our team will be in touch with more information.
19-22 Jun 2012 (London, UK)
4-7 Dec 2012 (London, UK)
This Euromoney Energy Training course examines markets, pricing and products to provide you with a thorough overview of the sector. The course will explore mechanisms and tools for both physical and financial oil trading allowing unparalleled access to the world of trading, its role within the oil industry and its importance in the success of oil companies. You will leave this course with a thorough understanding of the workings of crude oil markets and the range of contracts, tools and techniques available to traders.
23-26 Jul 2012 (Paris, France)
A 4-day intermediate training course providing effective training in the critical considerations and conditions for successfully concluding Gas and LNG Sales Agreements. The course will enable you to gain an insight into the way in which Buyers and Sellers view and negotiate Gas and LNG Sales Agreements, and will give you a detailed understanding of the terms that are important in these transactions.
25-27 Jun 2012 (London, UK)
17-19 Dec 2012 (London, UK)
This Petroleum Company Performance Management training course has been designed to offer personnel from corporations and financial institutions a full complement of tools to use most effectively in developing and analysing the corporate performance measures for oil and gas companies.
24-27 Sep 2012 (London, UK)
15-18 Apr 2013 (London, UK)
The Commercial and Trading Aspects of Oil Refining course will provide you with in-depth knowledge of the refining business and an understanding of how trading/hedging can improve margins and reduce risk. Discover how to optimise refinery margins and manage the profitability of commercial refining.
20-24 Aug 2012 (London, UK)
This Euromoney Energy Training course provides a comprehensive overview of the oil and gas industry from upstream exploration and production to downstream refining, sales and marketing. You will gain an appreciation of industry dynamics and the key issues affecting its development and future. This course will provide a thorough foundation for understanding the changing industry dynamics.
8-10 May 2013 (London, UK)
This course will investigate the mechanisms for trading physical oil, freight, shipping and derivatives to optimise margins and achieve profit targets. The interdependence between oil markets and ship chartering will be extensively explored, revealing links to the derivative markets and the use of trading tools.
17-19 Oct 2012 (London, UK)
13-15 Feb 2013 (London, UK)
This Euromoney Energy Training course provides a comprehensive overview of the oil and gas industry from upstream exploration and production to downstream refining, sales and marketing. Under the guidance of our expert course faculty, participants will gain an appreciation of industry dynamics and the key issues affecting its development and future.
8-10 May 2013 (London, UK)
This course will investigate the mechanisms for trading physical oil, freight, shipping and derivatives to optimise margins and achieve profit targets. The interdependence between oil markets and ship chartering will be extensively explored, revealing links to the derivative markets and the use of trading tools.
17-20 Dec 2012 (Dubai, United Arab Emirates)
This 4 day International Oil & Gas Contracts course is specifically designed for professionals involved internationally in the oil and gas industry, it offers a unique opportunity to rapidly increase your understanding of the legal issues involved in various UK and international scenarios and to improve your techniques and skills in drafting a variety of international contracts.
3-5 Dec 2012 (London, United Kingdom)
Euromoney Energy Trainings Petroleum Sales Contracts course is designed to give attendees a comprehensive understanding of crude oil, natural gas and refined products markets and the sales contracts that are utilised for transactions through the supply chain.
29-31 Oct 2012 (London, UK)
This course is designed for professionals who need to develop an understanding of the unique aspects of the energy industry, including the oil and gas commercialisation and business development or facilities evaluation and commercialisation.
The course will focus on the skills required in evaluation (both buyside and sell-side), financing, acquisition, and exploitation planning for an oil and gas entity, a midstream facility or electrical generation plant.
5-7 Sep 2012 (Singapore, Singapore)
This highly-interactive and practical energy training course will help you gain a thorough understanding of the current state of the global gas and LNG industries. Develop an in-depth understanding of the issues that will influence the future development of the LNG industry.
11-15 Jun 2012 (Singapore, Singapore)
A 5-day course designed to provide participants with in-depth knowledge of oil products, oil trading, market participants and fundamentals such as pricing.
17-19 Sep 2012 (London, UK)
19-21 Nov 2012 (Singapore, Singapore)
16-19 Jul 2012 (London, UK)
4 days of course modules that focus on the review and examination of the key elements of the supply chain from upstream activities of exploration, development and production through transportation to downstream sector that involves trading, refining, petrochemicals and final distribution to the consuming markets.
28-30 May 2012 (London, UK)
This Fundamentals of Crude Oil Valuation & Pricing course covers everything you need to know about how oil is traded and priced in the international market. The course covers the valuation and pricing of physical cargoes of crude oil, as well as how derivatives such as oil futures and swaps are structured.
18-20 Jul 2012 (New York, United States)
This course will give you an in-depth introduction to petroleum refining technology and economics. The focus is on transportation fuels refineries, however, petrochemical production and biofuels are also discussed. The first part of the program includes an
overview of crude oil supply and petroleum product demand. This is followed with a description of refinery process technology. Key refining technologies are described such as crude oil distillation, heavy oil conversion options, hydrotreating, and catalytic reforming.
5-8 Nov 2012 (Hong Kong, Hong Kong)
4 days of course modules that focus on the review and examination of the key elements of the supply chain from upstream activities of exploration, development and production through transportation to downstream sector that involves trading, refining, petrochemicals and final distribution to the consuming markets.
20-22 Aug 2012 (Hong Kong, Hong Kong)
This course is designed for professionals who need to develop an understanding of the unique aspects of the energy industry, including the oil and gas commercialisation and business development or facilities evaluation and commercialisation.
The course will focus on the skills required in evaluation (both buyside and sell-side), financing, acquisition, and exploitation planning for an oil and gas entity, a midstream facility or electrical generation plant.
25-27 Sep 2012 (Singapore, Singapore)
This Fundamentals of Crude Oil Valuation & Pricing course covers everything you need to know about how oil is traded and priced in the international market. The course covers the valuation and pricing of physical cargoes of crude oil, as well as how derivatives such as oil futures and swaps are structured.
25-29 Jun 2012 (London, UK)
Featuring 3–individually bookable modules:
- Upstream development & production
- Mid-stream pipelines & LNG projects
- Downstream oil refineries & petrochemical plants
- Including: 16 key industry case studies to improve your understanding
22-31 Oct 2012 (Hong Kong, Hong Kong)
17-21 Sep 2012 (London, UK)
This 5-day course is designed to introduce both lawyers and nonlawyers alike to the theories and practice of international commercial and investment arbitration in the oil & gas industry.
Course dates