The aim of this increase is to introduce you to the nature of risk management safety procedures of companies and other organisations involved in financial, commercial and contractual activities in the North Sea and worldwide oil and gas industries from the safety and .
By the end of the course you should:
Our approach to the module
As this module is about a whole industry, the approach taken is to examine the safety measures in the industry from various perspectives – or through various lenses.
The module is delivered as 10 study topics organised into five main themes:
This theme provides you with a background to the oil and gas industry. It is designed to bring a variety of participants up to a similar level of understanding about the industry.
The basic understanding of the industry that this theme provides is essential to enable you to understand the remainder of the course. Covering upstream, midstream and downstream.
Case study: The history of North Sea
An introduction to the life cycle of an oil field, from before discovery through development to abandonment. The technologies will be outlined, the varied company strategies and tactics will be explored, and the attendant technical and financial risks will be assessed. The uses of oil and gas will also be summarised.
The learning objectives are:
Case study: Piper Alpha disaster, revolution in safety procedures for contractors
Theme 3: economics, safety and risks management
A review of the safety and risks in the industry, including the effects of oil price variations, exploration risk and safety measures, construction risk and safety measures, operating risk and measures, etc.
The learning objectives are:
Theme 4: participants and contractors in the oil and gas industry and their relationships
An examination of the role of the various organisations involved in the oil industry – governments, oil companies, service companies, regulators and external (i.e. non-industry) bodies. The emphasis will be on the UK organisations, although similar organisations elsewhere will be referred to.
The learning objectives are:
Case Study: BP oil leakage in Gulf of Mexico
Theme 5: general insights
A review of the technical, environmental, fiscal and economic issues surrounding the process of decommissioning (or abandoning) of redundant oil- and gas-producing platforms.
The learning objectives are:
Case study: general discussion on number of case studies.