"International Human Resources Development Corporation s c h e"
International Human Resources Development Corporation 2 0 0 9 s c h e d u l e Oil and Gas Management Programs boston, ma, u.s.a. Petroleum Business Workshops m a l ay s i a , e g y p t, i n d o n e s i a , q a t a r , g h a n a , h o u s t o n “The best management program I have ever attended.” –2008 participant Welcome oil and gas management programs boston, ma, u.s.a. International Petroleum Business Program 02 Our 2009 Instructional Programs M Ay 4 – 15, 2009 include exciting new programs 16th Annual and perennial favorites. International Gas Business Management Certificate Program M Ay 11 – 22 O R O C T O b E R 5 – 16, 2009 02 HR Processes and Change Management Program 03 Dear Friend: J U n E 1 – 12, 2009 In the following pages we provide you with full details on Financial Modeling and Petroleum Project Economics 03 IHRDC’s Oil and Gas Management Programs and Petroleum J U n E 1 – 12, 2009 Business Workshops for 2009. Please note that the Management E&P Project Development Workshop 04 Programs are offered in Boston and the Workshops are J U n E 8 – 12, 2009 offered at a number of international locations. We encourage you to review them carefully, find the ideal program for your Essential Skills for Oil and Gas Managers and Supervisors 04 own personal development and then make a commitment to J U n E 15 – 26, 2009 join many other attendees from around the world in a very Unconventional Resources and Renewable Energy Alternatives 05 rewarding learning experience. You will learn why so J U n E 15 – 26, 2009 many others have called these offerings “the best I have ever attended.” 19th Annual International Petroleum Management Certificate Program 06 In reviewing the Boston schedule, you will note that we offer S E P T E M b E R 14 – O C T O b E R 9, 2009 our time-tested “industry foundation programs” (International Petroleum Business, International Gas Business, Financial Modeling and Petroleum Project Economics, HR Processes and Change Management, Essential Management Skills and E&P Project Development), clustered logically into Certificate Programs, as well as an exciting and timely new program, petroleum business Workshops m a l ay s i a , e g y p t, i n d o n e s i a , q at a r , g h a n a , h o u s t o n entitled Unconventional Resources and Renewable Energy Alternatives, which explores these rapidly growing and important new contributions to energy supply. International Gas Business Workshop 07 I can assure you that you will be highly impressed not only with K U A L A L U M P U R , M A L Ay S I A : J A n U A R y 19 – 23, 2009 the quality of instruction, the timely content and the challenging S H A R M E L S H E I K H , E G y P T : M A R C H 15 – 19, 2009 interactive business games that are a part of all of our LNG Business Workshop 07 programs but also with the evening cultural and social events, J A K A R TA , I n D O n E S I A : J A n U A R y 15 – 16, 2009 weekend excursions, shopping opportunities and learning to S H A R M E L S H E I K H , E G y P T : M A R C H 22 – 23, 2009 move “with ease” in one of the world’s great cities. Enroll early D O H A , Q ATA R : M A R C H 25 – 26, 2009 by going to www.ihrdc.com/management programs. Overview of the International Petroleum Business 08 I look forward to welcoming you personally to Boston or one of HOUSTOn, Tx: MARCH 2 – 5, 2009 our other locations in 2009! Petroleum Project Economics & Risk Analysis 08 A C C R A , G H A n A : M A R C H 16 – 20, 2 009 b A L I , I n D O n E S I A : J U Ly 6 – 10, 200 9 Dr. David A. T. Donohue, Ph.D., J.D. Deepwater E&P Project Development Workshop 09 President A C C R A , G H A n A : n O v E M b E R 16 – 2 0, 2009 oil and gas management programs boston, ma, u.s.a. international petroleum business program* hr processes and change management program T w O U n I T S , M Ay 4 – 15, 2009 TwO UnITS, JUnE 1 – 12, 2009 This program provides managers in the worldwide petroleum industry with This program is ideal for anyone who seeks a firm grounding in the HR an overview of the key business aspects of the upstream and downstream challenges facing the international oil and gas industry today and the petroleum business. It explores the important functional management issues ways in which the HR can contribute to implementing strategic plans facing managers today, including technical, financial, marketing and petroleum including the management of change typically required to implement accounting. The instructional format is a compelling combination of formal these plans successfully. presentations by industry experts and team participation in a challenging petroleum business workshop. n UnIT OnE: JUnE 1 – 5 hr management for oil & gas managers & supervisors n U n I T O n E : M Ay 4 – 8 The role of HR in today’s challenging petroleum industry; the new HR upstream sectors, project economics & petroleum accounting perspective: using the Workforce Scorecard to achieve the organization’s Overview of the energy industry; host government agreements; exploration strategic plan; HR strategy, organizational design and corporate culture; methods; drilling and well completions; field development and production recruitment, interviewing, selection and manpower development across the cycle; gas processing and marketing of LPGs; crude oil and natural gas organization. Individual giftedness and Whole Brain Theory, developing pipeline systems; measuring financial performance; petroleum industry personnel to achieve full competency: competence models, assessment and accounting and taxation; energy project economics. gap elimination process; managing competency development using web- based systems; practical workshop sessions. n U n I T T w O : M Ay 11 – 1 5 n U n I T T w O : J U n E 8 – 12 downstream sectors & petroleum economics change management Worldwide petroleum economics; markets for associated natural gas; refining and petrochemicals; crude oil tanker transportation; marketing of Change management overview – key principles, framework and tools; crude oil and products; products distribution. blending change elements into an overall plan; assessing impact of change on an organization; developing a Strategic Change Plan; *Please note that the content covered in this two unit program is the same as leadership and the role of the HR team in implementing effective the first two units of IHRDC’s four week “International Petroleum Management organizational change; the importance of communications: developing Certificate Program” held during September. an effective communications strategy; sustaining change: how to be sure change becomes permanent; practical workshop sessions. international gas business management certificate program –16th annual Financial modeling and petroleum project economics T w O U n I T S , M Ay 11 – 22 OR OCTObER 5 – 16, 2009 TwO UnITS, JUnE 1 – 12, 2009 Through a careful balance of formal lectures by leading experts and unique This two-week program allows supervisors and managers in the oil and gas business game sessions, this two week program provides participants with industry to learn the key financial skills required to build and use practical financial a comprehensive exposure to the technology, economics, finance, and models so they understand and are able to analyze investment opportunities and markets that shape and affect the international gas industry today. It also contribute to capital investment decisions. In the process they will gain command teaches the management skills needed to develop projects and increase of fundamental accounting and financial concepts, perform financial analysis of performance within an integrated gas business environment. This program corporate performance, identify and calculate key financial ratios, use stochastic is frequently taught in-house for major energy companies and receives very and deterministic methods to quantify risk and understand the impact of new high marks for its scope, challenge, realism, and “fun.” investments to the performance of a portfolio of assets. Significant time will be allocated to hands-on workshop applications and case studies to allow participants n U n I T O n E : M Ay 1 1 – 15 OR OCTObER 5 – 9 to internalize their model building and financial analysis skills. upstre a m g a s b u s i n e s s Overview of the international gas industry; host government agreements; n UnIT OnE: JUnE 1 – 5 exploration methods; drilling and well completions; energy project financial modeling for the oil & gas industry economics; gas field performance and reserves estimation; gas processing: Build financial models used to analyze challenging petroleum investment technology, economics, LPG, and ethylene markets; gas pipeline systems; opportunities. Topics presented during the model building process include: load balancing systems and tariffs; gas sales contracts; measuring financial international energy business environment; the business cycle; introduction to performance; international gas economics. accounting terminology and accounts; introduction to financial statements; key financial ratios and measures of performance; practical use of Excel to model n U n I T T w O : M Ay 18 – 2 2 O R O C T O b E R 1 2 – 1 6 corporate financials; corporate planning and budgeting; managing price risk downstream business using financial derivatives. A challenging business game is a central component. Gas market analysis and pricing; gas-fired power plants: overview of LNG business; petrochemical uses for natural gas: methanol, ammonia, and n UnIT TwO: JUnE 8 – 12 gas-to-liquid conversion; gas distribution; project financing: commercial p e t r o l e u m p r o j e c t e c o n o m i c s & r i s k a n a ly s i s debt structuring and case study; industry regulation, deregulation and Expand modeling and analysis skills by incorporating many new analysis convergence; marketing natural gas in an “open access” environment; functions in a financial model. Practical topics include: the petroleum project managing energy price and volume risks: futures and hedging. management process; energy project economics and measures of performance; energy project risk and uncertainty; probability theory and quantitative analysis; decision tree analysis; Monte Carlo simulation; portfolio theory and real options; “The opportunities to share in the budgeting and capital asset allocation. Boston culture were simply fantastic.” –2008 participant 02 03 e&p project development Workshop unconventional resources OnE UnIT, JUnE 8 – 1 2, 2 0 0 9 and renewable energy alternatives This challenging digital workshop allows participants to learn the T w O U n I T S , J U n E 15 – 26, 2009 commercial, technical, economic, and project management processes Every energy demand study projects that all forms of energy will (i.e., the Industry’s stage-gate process) required to explore for and develop be required to meet demand in 2030. This means that renewable a modern, deepwater offshore field. It covers all aspects of a classical energy sources and low CO2 emissions will be given high priority for upstream project management process, from the design and interpretation development. This management overview focuses on the technology, of seismic programs, to specifying exploration and appraisal drilling economics, markets, regulations, policy initiatives, project fundamentals decisions, from estimating resources in-place, to predicting well and and comparative benefits of two key energy alternatives: unconventional reservoir performance and preparing field development plans. During fuels and the various “renewables.” During this program the participants, each of these decisions participants are asked to identify and incorporate working in teams, compete to prepare an energy plan for the Republic risks and uncertainty into robust project economic models to judge the of Energia that minimizes both CO2 emissions and energy costs. This viability of development. program is a must for those who wish to obtain a broad understanding Except for a few modest lectures, all workshop communications and of these many sources of energy and how sustainable projects can be analysis tools (including well logs, reservoir simulation, risk analysis and developed at the local level for individual and community use. financial models, and decision analysis) are made available to the learner in a digital framework. This unique instructional format includes engaging n U n I T O n E : J U n E 15 – 19 mentors who guide teams of participants step-by-step through the exploration unconventional resources and development of a deepwater offshore prospect in West Africa. Teams Drivers of energy demand, environmental concerns (CO2 emissions and are asked to make sequential decisions to move an attractive exploration global warming), CO2 trading, and government policies that encourage opportunity along a simulated stage-gate timeline, from the execution of clean fuels and renewable energy; Technology, economics and project the exploration agreement to the field development decision. Each team’s development of unconventional oil (low permeability oil, heavy oil, development decisions are captured, and the financial outcomes of those bitumen and oil shale); Unconventional gas (tight gas, shale gas, coal decisions are presented over a 20-year production period. bed methane, gas hydrates, gas-to-liquids, methanol, coal-to-gas) and clean fuels (ethanol, bio-diesel, hydrogen and others); improving energy Note: IHRDC recommends that those attending this program have some efficiency to reduce energy demand; Consideration of economic background in upstream petroleum technology. attractiveness and CO2 impact of each energy source to meet energy demand of the Republic of Energia. Participants who wish to attend two full weeks of programs may enroll in Unit One of the Financial Modeling and Petroleum Project Economics, n U n I T T w O : J U n E 22 – 26 offered during June 1–5, 2009. r e n e wa b l e e n e r g y a l t e r n at i v e s Technology, project economics, financing and implementation of the various renewable energy alternatives; Power generation, electricity essential skills for oil and gas managers and supervisors costs and regional demand; Renewable energy sources (wind, T w O U n I T S , J U n E 15 – 26, 2009 solar, geothermal, biomass, hydro and micro-hydro, tidal) used on both a centralized (large scale) and distributed basis (small scale) This two-week program is designed to provide mid-to-senior managers and to meet energy needs; Nuclear power to avoid CO2 emissions; supervisors from all sectors of the oil and gas industry with a comprehensive Consideration of renewables to satisfy needs of the Republic of overview of four essential critical management skills: Leadership, Negotiation, Energia; Renewable energy solutions for participant’s homes and Business Communication and Strategic Planning. The program is taught by towns; Team presentation of Republic of Energia energy plans. highly regarded instructors who have had broad and practical management experience in the international oil and gas industry or as a specialist in the subject that he/she is teaching. n U n I T O n E : J U n E 15 – 1 9 leadership skills & essential negotiation This week is devoted to two very important skills: Effective Leadership and Positive Negotiation. Leadership topics include: effective leadership: motivation, managerial styles, organizational climate, goal setting and action planning, and leading change methodology. Essentials of Positive Negotiation cover the integrated negotiation steps that make up the “Getting to Yes” process developed at the Harvard Negotiation Workshop. A very practical IHRDC oil and gas negotiation case study is pursued by teams of participants to demonstrate how the process Boston’s attractive Back Bay section has been home to is applied. many IHRDC Instructional Programs and is the exclusive n U n I T T w O : J U n E 22 – 2 6 location for all of our Oil and Gas Management Programs. e f f e c t i v e b u s i n e s s c o m m u n i c at i o n & s t r at e g i c p l a n n i n g This friendly and attractive city boasts countless cultural Two important skills are discussed this week: Effective Business and historic attractions, world-renowned academic Communication and Strategic Planning: Business communications topics include: developing communication strategies, effective business writing, institutions, exciting sporting venues, excellent restaurants persuasive presentations, running successful meetings, one-on-one and hotels, and a wide variety of shopping opportunities. speaking. Each session is filled with practical skills building exercises. Strategic planning topics include: historical and resources approaches to strategic planning; strategy that comes from anticipation of coming trends to position the organization for growth; setting the organization’s vision, mission, goals and objectives; planning and implementation of a strategic plan using the Balanced Scorecard; case studies showing strategies of international oil and gas companies, including Petrobras, Petronas, Mobil U.S.A., and others to illustrate principles and practices. 04 05 petroleum business Workshops international petroleum management m a l ay s i a , e g y p t, i n d o n e s i a , q at a r , g h a n a , h o u s t o n certificate program – 19th annual fOUR UnITS, SEPTEMbER 14 – OCTObER 9, 2009 For over eighteen years, participants have consistently called this “The BEST Management Program in the Petroleum Industry Today!” The international gas business Workshop four-week program provides learning in four key areas and includes 5 D Ay S compelling lectures by a strong and diverse faculty, as well as team This intensive one-week business workshop introduces participants to all participation in IHRDC’s unique and challenging oil and gas “business aspects of the integrated natural gas value chain. Through formal lectures games.” Over 1500 managers have taken this program, including and a challenging, team-based business game, participants learn the individuals who now hold very senior positions in the oil and gas industry. commercial, technical, financial, and economic aspects of the business – from upstream gas supply to midstream transportation and processing and n UnIT OnE: SEPTEMbER 14 – 18 downstream markets. Special emphasis is placed on LNG, gas-fired power upstream sectors , project economics , & petroleum accounting plants and GTL opportunities. Overview of the energy industry; host government agreements; exploration methods; drilling and well completions; field development and production IHRDC has developed two business game settings that will be offered cycle; gas processing and marketing of LPGs; crude oil and natural gas according to regional relevancy, including one that focuses on the pipeline systems; measuring financial performance; petroleum industry challenge of commercializing and managing a sizeable gas prospect in accounting and taxation; energy project economics. Asia over a 20-year period (“Singnam”) and one that includes exploring several offshore exploration blocks in an unexplored island in the n UnIT TwO: SEPTEMbER 21 – 25 Caribbean (“Expetra”). downstream sectors & petroleum economics Worldwide petroleum economics; markets for associated natural gas workshop locations (power, ammonia/urea; methanol; LNG/pipeline export); refining and petrochemicals; crude oil tanker transportation; marketing of crude oil and n K U A L A L U M P U R , M A L Ay S I A : J A n U A R y 19 – 23, 2009 products; and products distribution. n S H A R M E L S H E I K H , E G y P T : M A R C H 15 – 19, 2009 n UnIT THREE: SEPTEMbER 28 – OCTObER 2 petroleum project development The process of commercializing energy projects; project planning and management of energy projects; health, safety and environmental (HSE) challenges in petroleum operations; petroleum law; financing of energy projects regulation of the energy industry with emphasis on the lng business Workshop liberalization of the international gas industry. 2 D Ay S n UnIT fOUR: OCTObER 5 – 9 In this two-day workshop, participants learn the technical, commercial, legal key skills for the petroleum manager and business essentials of LNG projects at each step along the LNG value Leadership skills needed for high performance organizations; leadership chain. Through a combination of lectures and a challenging LNG business case study: transforming the U.S. Marketing and Refining Division of game, the session progresses from the host country agreement and gas a major oil company; Crisis Management: responding to the media; production to liquefaction, shipping, receiving terminals and gas marketing. current HR practices in international oil and gas; Strategic Planning and implementation; Essential Negotiation Skills: the “Getting to Yes” process The LNG business game takes place in either “the Republic of Pacifica,” for positive results. an island republic off the coast of Peru or “the Republic of Sogal”, an island republic off the West coast of Africa. Participants, working in teams, are asked to develop a significant gas resource by deciding which LNG technology and train size to implement, what size ships to charter, what receiving terminal options to accept and where to sell the LNG – North 2009 boston oil and gas and South America, Europe and Asia. The financial performance of these decisions are then reviewed after 20 years of simulated performance. management program Fees* (u.s. $) workshop locations OnE UnIT: $4 , 2 5 0 T H R E E U n I T S : $ 11,500 n J A K A R TA , I n D O n E S I A : J A n U A R y 15 – 16, 2009 TwO UnITS: $7 , 9 5 0 fOUR UnITS: $ 14,750 n S H A R M E L S H E I K H , E G y P T : M A R C H 22 – 23, 2009 *The above fees for Boston-based Oil and Gas Management Programs n D O H A , Q ATA R : M A R C H 25 – 26, 2009 include instruction, instructional materials, receptions, continental breakfast and lunch during the session days, weekend bus trips, and miscellaneous conference expenses. Fees do not include travel, hotel expenses, or evening meals; these are the responsibility of the enrollee. Payment should be made by wire transfer, credit card, or by check in U.S. funds drawn on a U.S. bank. Fees must be paid in full prior to the first day of the program. TO REGISTER OR LEARn MORE Go to www.ihrdc.com. Questions? Call 1-617-536-0202 or email firstname.lastname@example.org 06 07 overview of the international petroleum business deepwater e&p project development Workshop 4 D Ay S 5 D Ay S This workshop is an abbreviated version of our popular International This challenging digital workshop allows participants to learn the commercial, Petroleum Business Workshop. It is ideal for individuals from many different technical, economic, and project management processes (ie. the Industry’s backgrounds (lawyers, accountants, HR, IT specialists, etc.) who seek a stage-gate process) required to explore for and develop a modern, deepwater broad introduction to the international petroleum industry. The instructors offshore field. It covers all aspects of a classical upstream project management introduce participants to the integrated oil and gas value chains through a process, including seismic program design and analysis, exploration combination of “overview lectures” and team participation in a challenging and appraisal drilling decisions, field development planning including business game set in West Africa. resources estimation, well and reservoir performance predictions, uncertainty management, and project economics. Sessions begin with an Overview of the Industry and then progress to the Upstream Sector (Host Country Agreements, Exploration, Drilling, Reserves Except for a few modest lectures, all workshop communications and Estimation, Field Development, Crude Marketing), Midstream Oil Sector analysis tools (including well logs, reservoir simulation, risk analysis and (Crude Transportation and Refining), Midstream Gas (Transportation, financial models, and decision analysis) are made available to the learner Processing), Downstream Oil (Products Distribution and Sales), and in a digital framework. This unique instructional format includes engaging Downstream Gas (Distribution, Power Generation, and Petrochemicals). mentors who guide teams of participants step-by-step through the exploration During the business game, teams of participants explore for and discover and development of a deepwater offshore prospect in West Africa. Teams oil resources and then decide on how the upstream and midstream oil are asked to make sequential decisions to move an attractive exploration and gas sectors will be developed in order to sell hydrocarbons into the opportunity along a simulated stage-gate timeline, from the execution of downstream markets that they have elected to develop. Their decisions the exploration agreement to the field development decision. Each team’s are then implemented over a 20-year production period and the financial development decisions are captured, and the financial outcome of those results are reported for each team at the end of the program. decisions are presented over a 20-year production period. workshop locations Note: IHRDC recommends that those attending this program have some background in upstream petroleum technology. n HOUSTOn, Tx: MARCH 2 – 5, 2009 workshop locations n A C C R A , G H A n A : n O v E M b E R 16 – 20, 2009 petroleum project economics & risk analysis 5 D Ay S “The workshop was great. It really This program teaches participants how to analyze, in a practical and realistic manner, the financial performance of oil and gas investments from both brought home the complexities and project and corporate perspectives. Attendees are asked to build financial models for typical oil and gas projects, calculate the standard measures of subjectivity of the business.” project performance (PV, IRR), and incorporate all project risks into the analysis using such processes as tornado diagrams, decision trees, scenario analysis, –2008 participant portfolio analysis, and Monte Carlo simulation. A major part of the learning is achieved through team participation in a challenging business game, in the Republic of Oceana, where each team analyzes a major upstream project and presents their predevelopment recommendations and post development results to the Board. workshop locations 2009 petroleum business Workshops – n ACCRA, GHAnA: MARCH 16 – 20, 2009 regional locations Fees* (u.s. $) n b A L I , I n D O n E S I A : J U Ly 6 – 10, 2009 5 - D Ay w O R K S H O P : $3,500 4 - D Ay w O R K S H O P : $2,900 2 - D Ay w O R K S H O P : $1,700 *The above fees for Petroleum Business Workshops include instruction, instructional materials, breaks and lunch during session days and miscellaneous conference expenses. Fees do not include travel, hotel expenses or morning and evening meals; these are the responsibility of the enrollee. Payment should be made by wire transfer, credit card or by check in U.S. funds drawn on a U.S. Bank. Fees must be paid in full prior to the first day of the program. GO TO www . IHRDC . COM TO REGISTER OR LEARn MORE If you have questions about either our Boston or Regional Programs, please call 1-617-536-0202 or email email@example.com 08 09 w O R L D w I D E L O C AT I O n S I HR DC / CORPORAT E H EA DQU ARTERS 535 Boylston Street, 12th Floor Boston, MA 02116 USA Tel: 1.617.536.0202 Fax: 1.617.536.4396 Email: firstname.lastname@example.org I HR DC / AMST E RD AM IHRDC/JAKA RTA Coen de Koninglaan 35, 1135CM Edam, The Netherlands Villa Melati Mas Block i.12a No. 12 Tel: 31.299.373480 Serpong 13250 Email: email@example.com Tangerang, Banten, Indonesia Tel: 62.21.68299480 Fax: 62.21.5372392 I HR DC / CAIR O Email: firstname.lastname@example.org 55, Road 206, Digla, Maadi, Cairo, Egypt Tel: 20.22.519.7275 Fax: 20.22.519.7274 IHRDC/L AGOS Email: email@example.com Plot 93, Block 14, Akanbi Disu Street Off Otunba Adedoyin Ogunbe Crescent Lekki Phase 1, Lagos, Nigeria I HR DC / CAR ACAS Tel: 234.803.301.4101 Av. 107, Res. Domus, Torre 2, Apto. 1B Email: firstname.lastname@example.org Valencia 2001, Edo. Carabobo, Venezuela Tel/Fax: 58.212.826.3567 Email: email@example.com www . ihrdc . com