JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD

PE863PE: PETROLEUM MANAGEMENT, MARKETING AND FINANCE

B.Tech IV Year II Semester (R16)

Course Objective

The objective of this course is to introduce the student about the nature

and function of companies and other organizations involved in technical, financial, commercial and contractual activities in the world-wide upstream oil and gas industries. The nature of mid and downstream oil and gas activities will be briefly examined to set an overall context.

Course Outcome

The students are expected to be able to evaluate the primary uses of oil

and gas and the significance of oil and gas within the global energy industry with the broad technical issues involved in the location and development of oil and gas reserves.

UNIT - I

The global oil and gas industry: Oil and gas industry background - Oil and gas reserves - Oil and gas in global economy - The major players - Oil and gas industry value chain- Upstream-mid stream and downstream- Fundamentals of petroleum industry - Industry evaluation and strategies - Nationalism and national oil companies - Role and value of oil and gas- Government and corporate interests- Evolution of national oil companies - Organization of petroleum exporting countries - Political environment related to petroleum industry.

UNIT - II

Access, leasing and exploration: Oil project life cycle - Oil and gas formation - Access and development rights - Historical precedent - The neutral zone concession - Oil leases- Reserves - Defining reserves - Lease auctions exploration and strategy - Partnership and firm- ins.

UNIT - III

Developing oil and gas projects: Project development and project opportunity- Joint development utilization- Project financial analysis- Project execution- Contractor relationships- Problems in project development.

UNIT - IV

Finance and financial performance: Business finance- Capital sourcing- Corporate finance- Public equity- Private equity- Venture capital- Debt- Project finance- Multilateral lending- State interest- Oil loans- Ruminations and valuations.

R16 B.TECH PETROLEUM ENGG.

UNIT - V

Marketing of crude oil and petroleum products and transportation: Crude oil fundamentals- Price of crude- Crude oil prices in transactions- Marketing and sale of motor fuel- Aviations fuel- Lubricants- Asphalt and propane- Transportation- Fundamentals of transportation-Pipelines- Oil tankers- Downstream transportations.

TEXT BOOK:

  • 1. The Global Oil & Gas Industry: Management, Strategy and Finance, Andrew Inkpen, Michael H. Moffett, Penn Well, 2011. R16 B.TECH PETROLEUM ENGG. B.TECH. AERONAUTICAL ENGINEERING

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