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Expected to remain as a major contributor to the economy of many developed and developing regions, the oil and gas industry needs effective managers who not only appreciate the financial drivers and pressures but can also understand and interpret the effects of heightened safety regulations, policy changes, trade laws and global economics.
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Our course aims to equip graduates with the skills and knowledge to do just that; providing a comprehensive advanced-level introduction to the international operation of the upstream and downstream industry, exploring the key challenges and emerging technologies that are influencing exploration and production. So, if you are interested in a professional career in the energy and hydrocarbon industry or are already working in the industry and looking to update your skills, this professionally accredited course1 should benefit you regardless of whether you come from a technical, non-technical or commercial background.
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Course highlights include the use of industry-standard simulation facilities and software, which support real-time scenarios linked to the management of industry-related emergencies. Furthermore, you can choose to specialise in one of four routes: Quality, Health, Safety and Environment; Finance and Investment; Law and Policy; and Technology Management.
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Our current extensive industry links mean that you could benefit from technical site visits2 which have previously included the National Engineering Laboratory, Equinor (formerly Statoil), GE and Baker Hughes, as well as a range of free to attend expert guest lectures (subject to availability), which has previously included the former Vice President of British Petroleum.
We adopt a multidisciplinary approach, and all the mandatory modules incorporate various specialist areas, including petroleum contracts and economics, renewable energy, risk management and environmental management. The modules are focused on providing some of the essential skills needed in any profession, such as project management and quality control, marketing techniques, health and safety and professional development.
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Global Petroleum Industry – Perspective and Prospects – 15 credits
This module aims to comprehensively explore oil and gas processes and activities from upstream to downstream. It will examine the supply chains from exploration through field development, production, transportation, processing, refining and marketing. It will also examine the future of the industry in the global economy and evaluate the changing dynamics of this industry with focus on strategic outlook of the industry.
Compulsory
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Oil Spills Science, Response and Remediation – 15 credits
This module aims to provide background knowledge of the governing processes that support the interpretation of output from spill trajectory analysis and help decision-making regarding best possible options to protect resources and direct clean-up operations.
Compulsory
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Petroleum Contracts, Economics and Geopolitics – 15 credits
The aim of the module is to review, analyse and evaluate the strategic policy impetus of petroleum fiscal regimes for the development of oil and gas resources globally. The Ricardian concept of economic rent is examined in the context of past and present petroleum contracts and its importance for the design of oil and gas fiscal regimes for attracting risk capital for resource development.
Compulsory
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Principles of Applied Health and Safety Management System – 15 credits
This module aims to equip you with the skills, knowledge and technical expertise to identify, assess, evaluate and manage the various risks and hazards associated with industry activities in a safe and legally acceptable way efficiently and effectively.
Compulsory
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Project and Risk Management in the Energy Industry – 10 credits
The intention of this module is to provide you with the knowledge to apply a range of techniques to the design and delivery of projects and risk management in the energy industry. The module provides a solid introduction to the key issues involved in managing projects and explores core project management tools, techniques and terminology. It will also convey the importance of risk management covering international standards and strategies in relation to management studies and core business objectives.
Compulsory
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Energy and Carbon Trading – 15 credits
The aim of this module is to provide a practical understanding and capability for structuring derivative contracts that are used in energy and carbon trading, marketing and risk management in today’s dynamic energy landscape. The module applies cutting edge tool and techniques to the subject of energy trading, carbon accounting and trading whilst encouraging participants to think sustainability. It will explore mechanisms and tools for both physical and financial trading as it relates to crude oil, petroleum products, natural gas, electricity and carbon markets and provide a thorough understanding and practical approach to quantification and management of risk management tools.
Compulsory
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Energy Finance, Investment & Decision Making – 10 credits
This module presents a comprehensive training in investment analysis, financial management and decision making, with applications to all forms and sources of energy. It introduces you to the sources and techniques of oil, gas and energy project finance and reviews the associated risks and challenges.
Compulsory
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Sustainability and Decommissioning – 15 credits
The module is designed to provide you with the fundamental practice of oil and gas platforms decommissioning, and related opportunities and costs (financial and environmental). This module will assess these complex issues in line with the technical, financial, environmental and legal dimensions of decommissioning within the wider context of sustainability in the energy industry.
Compulsory
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Energy Transition in Oil and Gas Industry – 10 credits
This module is aimed to study the current trends as the oil and gas sector responds to the challenges and opportunities from emerging technologies, sustainable energy indicators, process substitutability, policy frameworks, market instruments and decarbonisation strategies as energy industry undergo sustainable transition.
Detailed analysis will be undertaken on the scale and pace of transformations of technology in economic and sustainable production of energy and the challenges and future developments. Contribution of countries and energy companies in exploring and diversifying their natural resources and integrating sustainable energy into their energy mix, as the energy industry progresses towards net-zero, will be discussed.
Compulsory
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Research Project – 50 credits
The module aims to extend your experience in independent investigative work with a view to enhancing your ability to solve technical and environmental problems. Research methods for technical and scientific investigations are included. Written presentation skills are developed as an integral part of the project.
Compulsory
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Leading Diverse Workforces – 10 credits
This module aims to provide you with a framework of knowledge and understanding of how to effectively lead and develop people in a strategically diverse and inclusive way. You will be given the opportunity to develop strategic priorities for leadership, equality, diversity and inclusion.
Compulsory