Oil and Gas Management

Summary of module for applicants:

The module aims to introduce oil and gas management by focusing on strategy, finance, people and project management perspectives. The module will provide you with an opportunity to gain an in-depth understanding of ways in which the industry players pursue their strategies under conditions of market uncertainty, oil price volatility, and changing regulatory environment. The module reflects on challenges and opportunities faced by the industry players and seeks to provide practical solutions and recommendations for an effective change.

Main topics of study:

• The Value Chain and Price Formation
• Logistics, Transportation Constraints and The Risk Picture
• Financing and Chasing the Surplus Profit
• Technology ‘on the Move’ and Limits to Competition
• Barriers to Entry, Capital Intensity, Lead Times
• The Legal Context and Taxation Issues

Learning Outcomes for the module

The following codes identify where a learning outcome meets one of the UEL core competencies:

• Digital Proficiency - Code = (DP)
• Industry Connections - Code = (IC)
• Emotional Intelligence Development - Code = (EID)
• Social Intelligence Development - Code = (SID)
• Physical Intelligence Development - Code = (PID)
• Cultural Intelligence Development - Code = (CID)
• Community Connections - Code = (CC)
• UEL Give-Back - Code = (UGB)
• Cognitive Intelligence – Code = (COI)

At the end of this module, students will be able to:

Knowledge

• Understand and critically discuss relevance of the main conceptual paradigms and empirical issues pertaining to oil and gas management (COI)
• Be able to demonstrate in-depth knowledge and understanding of current issues within the subject area of oil and gas management (COI)

Thinking skills

• Demonstrate critical awareness of oil and gas management through application of the study’s conceptual underpinnings to analyse and synthesise industry-related problems (IC)

Subject-based practical skills

• Develop and express ideas in a form of presentation and argumentative coursework (DP)
• Use information and knowledge effectively, to abstract meaning from information and share knowledge (SID)

Skills for life and work (general skills)

• Communicate ideas in a manner that is accessible for a wider community of learners and practitioners (CC)
• Ability to analyze and present a selected industry-focused problem (presentation and project management skills) (IC)