Course dates
This 3 day course concentrates on a review and analysis of energy trends over the next 20 years. While predicting future energy trends can be fraught with uncertainties, attention is given to reviewing and analysing a variety of key market drivers, applying sensitivities and discussing probable outcomes. This programme features:
- Global growth trends: population, affluence and economic performance
- Crude Oil, Natural Gas and Coal market trends
- The development and growth of alternative energy sources; renewables nuclear and hydroelectricity
- Impact of the non-conventional fuels
- Non-conventional oil and gas; oil sands and shales, shale gas and coal bed methane
- The future roles of NOCs and IOCs
- The ‘Peak Oil’ issue
- Transportation trends, technical developments- Hybrids, EVs and Fuel cells
- Hydrogen as a fuel
- Carbon prices, legislation and trading
- Geopolitics and impact on energy markets
Who should attend
- Oil and Gas Professionals
- Energy Executives
- Corporate Planners in Energy Companies
- Equity Fund Managers
- Government Agencies
- Investment Bankers
- Ministries
- Pension Fund Managers
Benefits of attending
Comprehensive review of current and forecast energy trends Understanding of comparative energy cost projections Strategic positioning in developing energy markets.
Course overview
Energy markets in the first part of the 21st century will continue to be impacted by major political, economic, environmental and technical challenges.
This 3-day course is focused on examining the developing energy trends that are anticipated over the next 20 years and is designed to inform delegates of current facts, future options, opportunities, risks and likely outcomes over this period. The full range of energy markets are examined and reviewed. The largest energy markets will continue to be the fossil fuels; crude oil, natural gas and coal.
These markets will continue to dominate well into the 2030s. However, all forecasts indicate that the non-carbon energy alternatives that comprise nuclear, hydroelectric and renewables will continue to develop and eventually supplant fossil fuels in energy markets. Costs and prices of energy categories, both current and forecasted, are compared and contrasted.
This course involves delegates interactively in short exercises, quizzes and discussion of forecasts and their sensitivities. The course has appeal to attendees from both technical and nontechnical backgrounds. However, emphasis is given to the commercial and economic drivers that will impact the energy markets. The key activities, processes and terms are presented in clear and jargon-free language that will enable attendees to gain a rapid understanding of the fundamental issues affecting energy trends.
The topics are reviewed using PowerPoint presentations, discussions and handout notes that will reinforce your understanding
Day 1
Overview, Fossil Fuels, Environmental Policies and Legislation
The State of Play
- Energy Markets in 2011
- Supply and Demand
- Market Sectors
- Volatile commodity prices
- Current investment climate for energy projects
Challenges to 2035
- Global GDP growth
- Global population growth
- Increasing affluence in the Non-OECD countries
- Political issuesVolatile and rising commodity prices for all energy sources
- Rate of uptake of the renewable, non-carbon alternatives
The Limitations of Fossil Fuels
- Reserves life indices
- Decreasing finite resources
- Peak oil production
- Environmental Issues
Crude Oil Markets
- Changing make-up of the barrel
- Refining Challenges
- Changing product requirements and specification
- Price volatility
- Future Demands
Natural Gas Markets
- Market Sector growth
- Globalisation of gas markets
- Gas–to–power markets
- Monetising/ commercialising remote gas
Coal Markets
- Existing market patterns
- Reduced demand in OECD markets?
- Future growth of demand in non-OECD
- Drivers for international markets to 2030
Environmental Legislation
- The Post-Copenhagen Status
- OECD and non-OECD contrasts
- Carbon taxes
- Future course of Carbon Markets & Emissions Trading,
- The cap and trade model EU-ETS
- Certified Emission Reductions (CERs)
- Carbon credits & joint implementation with developing economies
Day 2
Strategies to 2035- Government Actions and Policies, IOCs, NOCs, Geopolitics, the Non-Conventionals
Government Involvements & Stakeholding on Energy Projects
- Contrast between Host Government and Investor objectives
- Economic rent issues
- The changing structure of Fiscal Contracts
Changing Roles of the NOCs, IOCs and Service Companies
- Control of Global Reserves and Production
- IOCs strategies from super majors to small caps.
- NOC characterisation and their differing strategies
- INOCs- NOCs investing outside their home countries
- Changing roles of service companies and contractual relationships
Geopolitics
- Petroleum as a Strategic Commodity
- Energy Security Issues
- Resource Nationalism, Expropriation
- Global competition for finite fossil fuel resources
- Potential international chokepoints
Non-Conventional Fuels
- Oil Sands, Shales, Bitumen and Ultra-Heavy Oil (UHO)
- Shale Gas and Coalbed Methane
- GTL, DME and Methanol
- Global Impact of Non-Conventional Petroleum
- Cost Comparisons and Implications
Biomass
- Green Power generation
- Bioethanol and biodiesel markets
- Costs analyses and conservation challenges
Day 3
The Non-Carbon Fuels: The Renewables, Hydrogen, Nuclear, Review of Recent Authoritative Energy Forecasts
Renewables
- Description: wind, wave, tidal, geothermal and solar
- Investment climate for renewables
- Comparative costs
- Timelines for mass market commercialisation
- Barriers to Entry
Local Energy Solutions
- Combined Heat & Power (CHP)
- Heat Pumps
- Microgeneration
Hydrogen, Fuel Cells and Engine Developments
- Hydrogen as a direct energy source
- Impacts in the transportation markets
- Car Hybrids
- The Fuel Cell and its likely development
Nuclear Power
- Anticipated market growth
- Investment needs
- Barrier to market growth
- Environmental issues; pros & cons
Review of Recent Authoritative Energy Forecasts
- Presentation, review and discussion
Wrap-up and Concluding Remarks
Hong Kong Hotel, Hong Kong, Hong Kong
This programme takes place on a non-residential basis at a central Hong Kong hotel. Non-residential course fees include training facilities, documentation, lunches and refreshments for the duration of the programme. Delegates are responsible for arranging their own accommodation, however, a list of convenient hotels (many at specially negotiated rates) is available upon registration.
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William Pyke
Bill Pyke has over 37 years of experience in the international oil and gas business. He has had experience of sales agreements dating back to the early 1970s with ‘life-of-field’ gas sales contracts to the U.K.’s then monopoly gas utility; BGC.
For over 26 years he worked for North American oil companies including ARCO, Marathon and Talisman on operations in Europe, Africa and the Middle East.
Since late 1998 Bill has been an independent oil and gas consultant. Assignments have included projects with a wide range of clients involved in the oil industry. Latterly, he has been involved in sales agreements covering crude, natural gas and refined product sales on behalf of oil company clients.
In 2009 he was a key consultant on a European Commission study into the competitive aspects of crude oil and product markets in the EU-27 member states.
He is also actively involved in delivering training and development programmes to delegates actively involved within the oil industry. He is a fellow of the Energy Institute, London.
Courses run by this instructor
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.
26-28 Nov 2012 (London, UK)
This Euromoney Energy Training course examines the roles of benchmarking and performance monitoring through key performance indicators and the analysis of business models.
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.
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.
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.
10-12 Jul 2012 (London, UK)
This 3-day Euromoney Energy Training course will give you an in-depth understanding of the problems and solutions in unit formation, negotiation of participation factors and operating agreements. The role of governmental agencies in consent and oversight will also be discussed.
12-15 Jun 2012 (London, UK)
11-14 Dec 2012 (London, UK)
This practical Euromoney Energy Training course will enable delegates from all technical and commercial disciplines to understand the theories and methods used to value oil and gas prospects. The four-days will reveal the fundamental aspects of upstream petroleum economics and risk analysis. Through computer-based exercises, participants will construct economic models, incorporating relevant cash flow data for case study projects and scenarios.
10-12 Oct 2012 (Singapore, Singapore)
This course explores the structure and mechanisms of production sharing contracts (PSC's) for upstream oil and gas projects. Studying the underlying processes and commercial drivers, participants will examine case studies to illustrate the economic structure of these complex agreements.
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.
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.
11-13 Sep 2012 (London, UK)
This course explores the structure and mechanisms of production sharing contracts (PSC’s) for upstream oil and gas projects. Studying the underlying processes and commercial drivers, participants will examine case studies to illustrate the economic structure of these complex agreements.
22-24 Oct 2012 (London, UK)
This 3 day Upstream Oil and Gas Acquisition and Divestment course will explain how upstream oil and gas assets are traded from both buyer and seller perspectives.
The course includes references to failed and successful deals and provides valuable insight into how to conclude successful transactions.
The principles of Licensing Rounds, Farm In and Farm Out processes are explored as well as key industry processes underpinning these transactions. It includes assessment of case studies, and an element of group work based on an “acquisition and divestment opportunity” where buyers and sellers meet to consider an opportunity and to “close a deal”.
12-15 Nov 2012 (Singapore, Singapore)
The Energy Risk Management: Mastering Volatile and Complex Markets course is a comprehensive and systematic introduction to risk management for complex energy markets. The course will detail why and how risks in energy – particularly gas and electricity - are more acute than in other traded market sectors, and how classic risk management techniques must be adapted and extended to meet these demanding conditions.
1-5 Oct 2012 (Singapore, Singapore)
This 5-day course is a comprehensive review of the key features of upstream management ranging from exploration and development through to production and transportation. The course will benefit attendees who wish to broaden and deepen their upstream management skills
16-19 Jul 2012 (London, UK)
People coming to energy risk management for the first time are taken aback by the extreme market conditions that are commonplace in the complex markets of oil, coal, and above all, gas and electricity. Levels of volatility and basis risk are unprecedented: and there are additional risks that are unique to energy. This course shows delegates how to deploy traditional risk management tools in the challenging context of volatile energy markets, and to extend these techniques to master the unique risk characteristics of gas and electricity.
19-21 Sep 2012 (London, UK)
This 3 day course concentrates on a review and analysis of energy trends over the next 20 years. While predicting future energy trends can be fraught with uncertainties, attention is given to reviewing and analysing a variety of key market drivers, applying sensitivities and discussing probable outcomes.
21-23 Nov 2012 (Lagos, Nigeria)
Attend this practical and interactive three-day training course and enhance your knowledge in the following key areas: The fundamental economic principles underpinning production sharing contracts (PSC’s); The history and evolution of production sharing contracts (PSC’s); The PSC structure, content and flowchart; Cost recovery, profile share, bonuses, sliding scales; Royalty and Taxation; Ringfencing; Key economic issues in PSC negotiations and bidding, featuring: Nigeria PSC economic modelling workshop, The economic impact of the Petroleum Industry Bill (PIB) and Global case studies
11-14 Jun 2012 (London, UK)
For operator drilling contractor and service company personnel that desire a specialised familiarisation, understanding and comprehension of Deepwater Drilling Operations, equipment, processes, systems and activities.
25-29 Jun 2012 (London, UK)
This 5-day course is a comprehensive review of the key features of upstream management ranging from exploration and development through to production and transportation. The course will benefit attendees who wish to broaden and deepen their upstream management skills.
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.
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.
8-10 Oct 2012 (Singapore, Singapore)
This Euromoney Energy Training course examines the roles of benchmarking and performance monitoring through key performance indicators and the analysis of business models.
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
24-27 Sep 2012 (London, UK)
22-31 Oct 2012 (Hong Kong, Hong Kong)
20-23 Nov 2012 (Singapore, Singapore)
For operator drilling contractor and service company personnel that desire a specialised familiarisation, understanding and comprehension of Deepwater Drilling Operations, equipment, processes, systems and activities.
12-15 Nov 2012 (Singapore, Singapore)
14-16 Nov 2012 (Almaty, Kazakhstan)
This course explores the structure and mechanisms of production sharing contracts (PSC’s) and the economic principles that underpin them. Studying the underlying processes and commercial drivers, participants will examine case studies to illustrate the economic structure of these complex agreements.
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