Oil Operations

Aimed at professionals just starting out in an operator role or those wishing to develop into one, this practical course is lead by the former head of operations at BP. The course includes theoretical learning plus detailed scenarios for both crude and products.

This online "live" course is split into four 4-hour sessions. These sessions can be booked around your convenience and need not be performed on consecutive days.

Session 1 - Introduction to Operations

• The role and impact of the operator on the key stakeholders
• Contracts, incoterms, general terms and conditions
• Documentation
• The crude oil voyage, part A (quantity, not quality)

Session 2 - Transportation

• Basic ship knowledge
• Chartering
• Ship vetting and port clearance
• The crude oil voyage, part B

Session 3 - Risk Mitigation

• Cargo loss and reconciliation
• The roles of the independent inspectors and loss control superintendents
• Instructions and nominations
• The product voyage, part A

Session 4 - Quality, Not Quantity

• The product voyage, part B
• Demurrage
• Product quality, sampling and analysis
• Letters of credit and operational risk