Oil and Gas Management MSc

Why you should study this course
 

• 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.

• 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.

• 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.

• 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.
 

Modules
 

• 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
   

• 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
   

• 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
   

• 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
   

• 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
   

• 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
   

• 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
   

• 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
   

• 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
   

• 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
   

• 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

Applicants should hold a minimum of a second-class honour's degree in a relevant subject.

Candidates holding the equivalent of a good second-class lower degree may also apply. HND holders with at least five years working experience in the oil and gas industry may also be considered.
 

English language requirements

• IELTS: 6.5 overall, with no component lower than 5.5

International Fees
 £18,250 | £22,250 (with prof. experience) per year

International Pathways 2022 Scholarship
You could enjoy a £3,000 reduction in tuition fees.

Our high-quality foundation, international year one and pre-masters courses are for international students who do not meet the requirements for direct entry to their preferred Coventry University undergraduate or postgraduate course. We can support you to achieve the academic and/or English grades you need and help you gain the personal and professional skills required to study at university.

We want to encourage ambitious international students like you to study at Coventry University, so we’ve secured extra financial support for you worth £3,000, to help with the cost of tuition fees, living expenses and accommodation.
 

The scholarship application deadline is:
September 2022 intake: 31 July 2022

Upon successful completion, you will be able to demonstrate advanced knowledge and understanding of:
 

• The theories, concepts and complexities of managing the processes, threats and challenges of the oil and gas industry in the 21st century.
• The methods and global best practices in managing health, safety and environment in exploration and production of oil and gas.
• Politics of oil and gas and threats to continued supply and renewable energy options.
• The development of effective leadership and management skills in the oil and gas sector and appropriate business policies and strategies within a changing operational and legislative context to meet stakeholders’ interest.
• The use and limitations of a range of research methods/techniques, both qualitative and quantitative for providing information and evaluating options in an uncertain and changing organisational environment.
   

You will be able to:

• Research in detail oil and gas management issues, critically reflect on practice and experience, engaging in creative problem solving and decision making.
• Reflect, investigate and apply knowledge, which supports global best practices in the management of oil and gas activities in both upstream and downstream operations.
• Communicate and work effectively within teams.
• Develop strategies and policies in response to the challenges of the oil and gas industry in the 21st century.
• Exercise initiative and personal responsibility in planning and executing project work.
   

This course was developed to create graduates capable of demonstrating leadership, strategic thinking, managing risk and adding value to a business. As such, upon successful completion of the course, you should have access to a wide range of potential careers in the ‘downstream’ side of the sector, as planning managers, project managers, risk analysts and senior inspection managers.

Our course is accredited by the Energy Institute1, which is the leading chartered professional membership body for the energy industry, supporting over 20,000 individuals working or studying within the energy sector worldwide. All students benefit from free membership of the Institute for the duration of their studies, providing access to extensive learning and networking opportunities to support professional, management, technical and scientific career development within the industry.