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Project Management for the Oil and Gas Industry

A PMI Registered Training Course

Project Management for the Oil and Gas Industry

A Structured Approach to Project Success (Fast Track)

NASBA PMI

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Course Summary

This Project Management for the Oil and Gas Industry training course provides participants the advanced skills required to execute business strategies effectively. We will commence with the Project Sanctioning and Approval Process (PSAP), the process which allows the viability of a project to be measured with emphasis to time, cost benefit and value addition.

Through the use of industry best practice Project Management examples and practical instruction on the processes, organisational structures, and tools used, the course will be delivered in an effort to support best decision making and delivery of future projects yielding those desired results via a comprehensive introduction to project sanctioning, detailed planning, organising and execution leading to monitoring and control activities and finally closing out and measuring the benefits delivered.

This GLOMACS training course will highlight:

  • The need to undertake Front End Design & Survey in an Oil & Gas environment
  • How to establish the key requirements necessary to support Oil & Gas project approval
  • How Oil & Gas organisations ascertain the strategic fit and relevant options for project delivery
  • The route to successful project integration and delivery
  • The importance of leading and managing a successful project team
Course Outline
Day 1

Concepts of Project Management

  • Project–Definitions, Attributes
  • Project Life Cycle and Stage Gates
  • Project Identification–Awareness of accountability of Project Ideas
  • Appreciation of macro-environment in relation to project choice
  • Identify who stakeholders are and how they may impact upon the project
  • Project Sanctioning and approval Process. (PSAP) for the Oil & Gas Industry
  • Development of the Strategic Project Business Case
Day 2

Strategic Decision Making through the Project Life Cycle

  • Project Feasibility Decision makers
  • Project Preparation & Planning responsibilities
  • Project Execution techniques required for managing project changes and delivery
Day 3

Project Leadership Skills

  • Build an executive leadership style that creates trust, sets a clear vision, and guides your entire team toward greater performance and profit
Day 4

Starting with the End in Mind

  • Define success criteria and KPI’s of an example Oil & Gas project
  • Capture Project Requirements
Day 5

Project Management Integration

  • Understand the need for a project team approach
  • Importance of communication in an Oil & Gas project
  • Project Systems and Processes for procurement, award of contracts, workforce management and reviews
Day 6

Project Stakeholder Engagement

  • Understand the context of an Oil & Gas project and measurement models
  • Identify and plan to engage with the project’s key stakeholders
  • Centralised vs. Participatory Monitoring
  • Optimal Project Review Intervals
  • Control Decisions based on monitoring inputs
  • Project Evaluation
Day 7

Project Financing and Financial Modelling for Oil & Gas Projects

  • Project finance: definition
  • Limited and non-recourse project finance
  • The role of the feasibility study
  • Financing structures
  • Project finance estimation: a dynamic process
Day 8

Evaluation Mathematics in Project Finance

  • The time value of money – how it applies to project finance
  • Yields and rate of return
  • Discounted Cash Flow (DCF) analysis for project finance
Day 9

Financing/Credit Considerations for the Oil & Gas Project

  • Implementation risk
  • Supply/Resources
  • Technological risk
  • Sale/Off take risk
  • Operating company risk
  • Project vs. promoter risk
  • Cross defaults
  • Currency risk
  • Completion risk
  • Market risk
Day 10

Project Schedule Planning

  • Understanding project requirements
  • Development of the work breakdown structures (WBS)
  • Understanding relevant techniques for project estimating
Day 11

Critical Path and Network Scheduling

  • Developing the precedence Network Diagram
  • Building schedule logic
  • Activity development
  • Network calculations
  • Lead and Lag Scheduling
  • Program Evaluation and Review Technique (PERT)
  • Time-Cost-Scope Trade-off 
Day 12

Project Resource Management – Typical Challenges for an Oil & Gas Project

  • Resource Allocation Algorithms for Resource Prioritisation
  • Planning and Scheduling Limited Resources
  • Options for Accelerating the Schedule
  • Crashing the Schedule - How?
Day 13

Developing Project Budget & Schedule Control

  • Cost & Schedule Estimation, cost Budgeting & Control
  • Contract types according to risk distribution in the Oil & Gas industry
  • Fixed Price Contracts, Cost-Plus Contracts
  • Project cost management, Cost Control
Day 14

Project Monitoring & Controlling

  • Tracking the project – ensuring it’s still on track
  • Critical Chain and its use in the Oil & Gas industry
  • Measuring Planned Progress versus Schedule
  • Earned Value Management (EVM)
  • Project Reviews
Day 15

Managing Project Change

  • Managing change in projects
  • Understanding the best-practice change processes used in projects
Day 16

Project Risk and Contingency Analysis

  • Risk Management Process & Model
  • Identifying Potential Risk Events typical in an Oil & Gas project
  • Qualitative and Semi-Quantitative Risk Analysis Techniques
  • Risk Matrices and Risk Ranking
  • Progressive Risk Management Plan Development
  • Detailed Risk Quantification and Prioritisation
  • Use of the project risk register
  • Risk response planning strategies
  • Containment v Contingent Strategies
Day 17

Project Quality Management

  • What is Project Quality Management
  • Quality Planning
  • Perform Quality Assurance
  • Perform Quality Control
  • Quality Tools
  • The Cost of Quality
Day 18

Project Cost and Schedule Recovery

  • Project Cost and Schedule Recovery Techniques relevant to the Oil & Gas industry
Day 19

Staying Focused, Delivering and Closing Your Project

  • Project Management Reporting
  • Project Reviews
  • Project Handover
  • Project Closure
  • Lessons Learned
Certificates
  • Upon successful completion of the classroom-based training course, GLOMACS Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
  • Upon successful completion of the online training course, a GLOMACS Certificate will be awarded to all delegates. Guided Learning Hours – In accordance with ISO 9001:2015–certified quality management standards, one Guided Learning Hour is awarded for every 60 minutes of attendance.
  • The certificate will also have a PMI Course Identifier, which will enable the learners to claim Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI) towards certification or recertification of PMI credentials.
Providers and Associations

Endorsed Education Provider

NASBA
PMI

In Association With

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NASBA PMI

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

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Official Saudi Arabian division of GLOMACS with established global credibility.

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Internationally benchmarked training courses aligned with professional best practices.

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Trusted by professionals and institutions across public and private sectors.

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Training courses delivered within Saudi Arabia and across international locations.

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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

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Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

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For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email [email protected] . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

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Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

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