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Diploma in Oil & Gas Management

Diploma in oil and gas engineering

Programme Modules

Internal & External Environments of the Oil and Gas Industries

Module Description

The international extractive industries, as with many other sectors, rely heavily on external factors, which fall outside the remit of most operations. These factors range from international trade laws to various policies enacted by nation states. The module will evaluate industries are forced to deal with, such as law, finance, economics and extraction techniques.

The module covers the following areas:

Macro and micro economic theory; strategic economic modelling; economic ramifications of income on the economy ; exchange rates, Porter's five forces theory; Regulatory law and policy in the extractive industries; international law; company law; international business law; corporate social responsibility; financial implications in the extractive industries.

Energy Economics

Module Description

To meet the demand for products from extractive industries, it is imperative that decision-makers are fully equipped with a sound knowledge of economic theory and its application to operational decisions. The module will outline economic concepts, which will enable course members to evaluate strategic operations in the light of changing economic policies, and the volatile global business environment.

The module covers the following areas:

Fundamental theories of business organisation in the changing business environment; business objectives; the role of business economics in managerial decision making; key components of the decision making process; evaluation and implementation of managerial decision making; resource allocation in the pursuit of business efficiency; government economic monetary fiscal policies; oil security supply; a history of oil pricing; current issues in oil prices; problems with micro-managing oil markets.

Project Management for the Energy Industry

Module Description

Behind every project lies a collective group of processes, which enables and leads to its successful completion. The factors involved in the delivery of a managed project include budgets and cost control, as well as management processes. The module will emphasise the significance of planning policies and the methods of enhancing motivation and leadership when planning for successful projects.

The module covers the following areas:

An introduction to project management; concepts and conventions; planning; recurring tasks; milestones; lags and loads; splitting tasks and adding constraints; the theoretical basis for project management and its limitations; quality control; the dynamics of project management; leadership and control; risk analysis and post-project audit.


Module Description

It is essential that leaders and managers have a sound knowledge and understanding of the nature and conduct of management research. Thus, the programme includes the production of a research dissertation, permitting course members to draw upon their prior academic and practical experience in order to research a management or organisational problem with methodological rigour. Consequently, course members will be expected to design a research project that focuses upon a real management or organisational problem. They will be expected to select and justify an appropriate methodology and develop valid, ethical and reliable research methods appropriate to the context of their application. From this they will be expected to evaluate the findings of their research in order to generate robust conclusions and workable recommendations.

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