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Afriskora Training Solutions
Oil, Gas, Mining & Energy

Oil and Gas Industry Fundamentals

Understand the oil and gas value chain, contracts, economics and regulation.

  • 5 days
  • Classroom · Live virtual · In-house
  • Afriskora Certificate of Completion

Course overview

This course gives a complete overview of the petroleum industry from exploration to retail: geology and production basics, upstream contracts, midstream and downstream operations, petroleum economics, regulation and local content, with a focus on African producers.

Who should attend

  • New industry entrants
  • Government and regulator staff
  • Finance, legal and commercial professionals
  • Service company staff

What you will be able to do

  • Explain the petroleum value chain
  • Understand upstream contracts and fiscal terms
  • Analyse petroleum project economics
  • Describe regulation and local content policies
  • Identify industry risks and trends

Course outline

  1. Day 1Upstream basics

    • • Petroleum geology
    • • Exploration and drilling
    • • Production
    • • Reserves

  2. Day 2Contracts and fiscal terms

    • • Licensing rounds
    • • PSCs and concessions
    • • Fiscal terms
    • • Joint ventures

  3. Day 3Midstream and downstream

    • • Pipelines and storage
    • • Refining
    • • Gas and LNG
    • • Retail and pricing

  4. Day 4Economics

    • • Project economics
    • • Oil price drivers
    • • Revenue management
    • • Energy transition impact

  5. Day 5Regulation and local content

    • • Regulatory frameworks
    • • HSE regulation
    • • Local content
    • • Industry outlook

Frequently asked questions

How long is the Oil and Gas Industry Fundamentals course?

The course runs for 5 days. Daily start and finish times are confirmed in your joining instructions. Live virtual sessions cover the same programme.

Do I receive a certificate?

Yes. Every participant who completes the course receives an Afriskora Certificate of Completion with a unique code that employers can verify online.

Can this course be delivered in-house for our team?

Yes. We can run it at your premises or online for your team, on dates that suit you, and adapt examples and case studies to your sector.

How do I book and pay?

Request dates and we'll send available sessions and a quote. Bookings are confirmed by invoice and paid by EFT. South African clients can include the course in their Workplace Skills Plan.

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