Financial Risk, Root Cause Analysis & Problem Solving.
- Description
- Curriculum
- Reviews
I. INTRODUCTION:
Downstream processes come after the production phase and last till the point of sale. The Downstream Operations segment concentrates on refining, marketing and distribution of petroleum products, petrochemicals and natural gas. Downstream operations produce gasoline, diesel, and home heating oil. They also make aircraft fuel that the company markets. With downstream operations, producers turn their raw petroleum into consumer-packaged goods that can be used at any time. Producers help their customers to enhance services such as optimizing pipeline capacity, extracting natural gas from coal beds and even saving energy.
II. COURSE OBJECTIVES:
At the end of this programme, participants will:
- Learn how to build a Digital solution in Oilfield.
- Reason about future digitized business models in oil field operations
- Study the value chain along with downstream to enable advanced analytics.
- Solve some problems in the industry i.e., Data overload, Friction between data silos, and lack of automation
- To get a sustainable competitive advantage in the industry by using digital technologies, especially cloud computing and machine learning
- Comprehend all parts of the value chain of petroleum and natural gas industries, from exploration and extraction to refining, storage and distribution.
II. COURSE OUTLINE:
Module 1: Features of the downstream oil and gas segment’s business
- Oil Refining (Light Products, Medium Products, Heavy Products)
- Distribution and Trading
- Product Marketing
- Retail
Module 2: Summary of Activities in Downstream Oil and Gas
- Crude oil refining
- Fractionation of natural gas liquid
- Pipeline transportation of natural gas liquids
- Underground natural gas storage services
- Onshore midstream gathering and compression
Module 3: Some issues in the Downstream Oil and Gas Sector
- Absence of digital implementation
- Local infrastructure and less fused platforms
- Minimal addition of global assets
- Reactive maintenance and lack of predictive maintenance
- Lack of real-time analytics of processes and Data migration problems
- The reluctance of management to accept digitalization of assets.
Module 4: Prospects for Digital Transformation in Oil and Gas Industry
- Digital technologies (visualizations systems to complex simulation models)
- Asset life cycle digital management
- Advanced analytical methods and smarter workflow processes
Module 5: Areas for Digital Implementation in Downstream Oil and Gas
- Exploration
- Drilling
- Maintenance
- Health and safety
- Processes (workflows, stock update, equipment Maintenance, production monitoring)
IV. TARGET AUDIENCE:
- Administrators and staff in the oil and gas industry
- Staff in the oil and gas field who want to learn about digital technology.
- Managers in charge of oil and gas assets in the downstream process
- Petrochemical companies’ decision-makers
DURATION: 1 week
VENUE: Kenya
DATE: Open