Course description
The Effective Government Relations in Oil and Gas Training Course by Rcademy is designed to offer participants a clear understanding of government relations functions in the oil and gas sector. Attendees will gain valuable insights into how a deliberate approach to government relations can impact business value, delivered at various stages of the oil and gas investment circle, such as exploration, production, transportation, trading, processing, and distribution. The Rcademy course will also cover the importance of government relations in developing and reinforcing a powerful reputation, dispute resolutions, managing changes, winning new businesses, and supporting operations.
How are gas prices determined?
Like economics, gas prices are determined by the forces of demand and supply. The gas price comprises four vital factors: distribution and marketing, refining costs, crude oil prices, and taxes. Crude oil prices account for about 70% of consumers’ costs for gas. Therefore, when these prices fluctuate, they affect the costs of gas. Crude oil prices fluctuate based on the amount of supply present on the market and the corresponding demand for it.
Upcoming start dates
Suitability - Who should attend?
Who should attend?
The Effective Government Relations in Oil and Gas Training Course by Rcademy is designed for a wide range of professionals within the private and public sectors engaged in oil and gas practices and individuals who wish to learn about government relations, especially regarding the oil and gas sector. The following personnel should undertake the course:
- Political Risk Analystsare responsible for researching and analyzing political ideas, policies, trends, foreign relations, and how government systems operate
- Government Relations Managerswho are tasked with drafting and reviewing past and present government regulations
- Corporate Affairs Managerswho are tasked with overseeing government processes, coordinating policies, and auditing units
- Corporate Social Responsibility Managersare responsible for developing and implementing a company’s social responsibility objectives
- External Relations Managerswho are in charge of developing and executing an organization’s external relations policies
- Country Managerswho are tasked with organizing and managing local services and products within a country
- Project Managerswho are responsible for the day-to-day management of a company’s projects
- Public Relations Expertswho are tasked with deliberating on behalf of a company
- Asset Managersare tasked with determining a company’s investment goals and also managing the various assets of the company
- Operations Managerswho are responsible for hiring, training, and supervising employees
- Lawyerswho are involved in the administration of a company
- Individualswho are interested in the roles of government within the oil and gas sector of the economy
Outcome / Qualification etc.
The Effective Government Relations in Oil and Gas Training Course by Rcademy is geared towards assisting participants in attaining the following objectives:
- Learn the different strategic approaches to government relations and how to utilize these strategies in developing value for their business
- Provide in-depth insights on how to analyze and alleviate political challenges facing businesses
- Develop the capacity to create and execute impactful government relation strategies which support the needs of businesses
- Understand the different ways to develop synergies between the various government relations functions and functions like operations, legal, finance, project management, and public relations
- Gain insights into various tactics and tools utilized towards improving the ability to direct relations with the government under a wide range of situations
- Enhance their awareness of best practices in government relations and analyze and prevent political risks
- Improve participants’ understanding of the evolving roles of government communication in the oil and gas sector
Training Course Content
Module 1: Fundamentals of Effective Government Relations
- Introduction
- What are Effective Government Relations?
- Benefits of Effective Government Relations
- Ethics and Principles of Government Relations – Advocacy – Integrity – Professionalism – Accountability – Collaboration – Consultation
- Reputational risk management
- Trends
- Law and legal matters
Module 2: Political Risk Analysis and Prevention
- Introduction to political risk
- Types of political risks
- Political risk analysis techniques – Identification of threats and vulnerabilities – Understanding the impacts of threats and vulnerabilities – Developing a model for risk analysis
- Executing risk management plans – Analysing outcomes
- Global trends and issues
- Stakeholders: agendas and drivers
- Methodologies for the Mitigation of political risk
Module 3: Effective Implementation of Government Relations in the Oil and Gas Sector
- Merger and acquisitions
- Expanding existing operations
- New country entry
- New opportunities
- Building and strengthening reputation – Gaining and maintaining operation licenses – Stakeholder mapping – Licence to operate sustainable government and communities relations – Managing change
- Building Cases for change – Lobbying and advocacy – Business diplomacy – ÂDeveloping win-win solutions
- Conducting due diligence processes – Solving disputes between government, communities, and stakeholders
Module 4: Government Relations Toolbox
- Strategies and plans
- Implementation
- Components of government strategy
- Supervising results and accessing outcomes
- Tools and practice – High-level engagement – Partnerships with stakeholders – Partaking in policy debates
- Synergy with other functions – Roles of corporate social responsibility – Public relations – Taxation: role of the media and social media
- Organization
- Outlook of government public relations department
- Skills and competence of government relations managers
Module 5: General Government Relations Business Game
- Introducing the scenario
- Stakeholder mapping
- Risk analysis
- Government relation strategy
- Managing expectations
- Alignment with the government
- Building the license to operate
- Discovering potential signs of troubles
Module 6: Oil and Gas Processing Systems
- Definitions of Terminologies
- Chemistry of Gases
- Basic Thermodynamic Concepts
- Qualitative Phase Behavior of Gases
- Gas Composition and Physical Properties of Gases
- Heat Transfer, Heat Exchange, and Compression
- Fractionation and Distillation
- Pumps and Compressors
- Adsorption Systems
- General System Energy Changes and Rate Processes
- Natural Gas Liquids and Dew Point Control
Module 7: Marketing in the Oil and Gas Industry
- Pricing
- Oil and gas trading
- Retail marketing
- Liquefied Natural Gas (LNG)
- Transportation and pipeline safety
- Storage methods
- Alternative energy
Module 8: Supply Chain Management
- Supply Chain Principles
- Essential tools for oil stock management
- Supply chain design and methodological approaches
- Industry analysis
- Benchmarking
- Hedging and strategies
- Storage management
- Refining margins and costs
Module 9: Future of the Oil and Gas Industry
- Climate change and the oil and gas sector
- Peak oil
- Strikes and protests
- Political instability
- New collaborations
- Divestments or staying on?
- Future outlooks
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Rcademy
Rcademy is a global training and consultation organisation set out to bridge the gap between you now and what you can be in the near future. We are facilitators of knowledge impartation. Our team of established and experienced training enthusiasts...