Where is this course held?

Upcoming sessions run in Amsterdam, London, Paris, Istanbul, Barcelona, Geneva, Munich, Kuala Lumpur.

How much does the course cost?

Fees start from £1,850 per delegate, depending on the city. Fees include tuition and course materials.

Do participants receive a certificate?

Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.

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

Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.

Strategic Profitability & Cost Excellence in Oil and Gas Operations (OG-014) Training Course

Q: How long is the Strategic Profitability & Cost Excellence in Oil and Gas Operations course?

The course runs over 5 days of classroom training, usually Monday to Friday.

Q: When is the next Strategic Profitability & Cost Excellence in Oil and Gas Operations course?

The next public date is 16 - 20 Nov 2026 in Amsterdam. There are 16 upcoming dates in total.

Q: Can I take Strategic Profitability & Cost Excellence in Oil and Gas Operations online?

Yes. Every date can also be joined live online in a virtual classroom with the trainer, for £1,220 per participant. Choose "Live online" in the dates table when you register.

Course overview

Why Attend
In the oil and gas industry, profitability is influenced by volatile prices, high capital intensity, operational complexity, and increasing pressure to improve efficiency. Organizations must manage costs carefully while maximizing production, asset performance, and long-term value creation. This course provides participants with practical strategies to strengthen profitability, optimize cost structures, improve productivity, and make smarter investment decisions across oil and gas operations.

Course Methodology
This course uses an interactive and practical approach through presentations, industry case studies, financial exercises, benchmarking reviews, group discussions, scenario analysis, and real operational examples.

Course Objectives

Understand profitability drivers across oil and gas operations
Analyze cost structures and identify savings opportunities
Improve productivity and operational excellence
Apply financial tools for investment decisions
Use scenario and sensitivity analysis effectively
Build cost competitiveness strategies
Develop KPI systems for profitability monitoring
Create practical profitability improvement action plans

Target Audience

Operations Managers
Finance Professionals
Asset Managers
Maintenance Managers
Project Managers
Supply Chain Professionals
Anyone involved in cost, performance, or profitability improvement in oil and gas

Target Competencies

Cost Management
Profitability Analysis
Operational Excellence
Financial Decision-Making
Investment Evaluation
Performance Management
Strategic Thinking
Change Management

Course outline

1Day 1: Industry Economics & Profitability Foundations
- Global oil and gas economic drivers and price cycles
- Profitability structures across upstream, midstream, downstream
- Value chain analysis and margin distribution
- Financial KPIs for operational managers
- Cost versus value creation perspective
- Benchmarking against international best practices
2Day 2: Cost Structure Analysis & Optimization
- Understanding full cost structures
- Fixed versus variable cost modeling
- Cost allocation methodologies
- Operational cost diagnostics tools
- Lean principles in oil and gas operations
- Eliminating waste and inefficiencies
- Contractor and vendor cost optimization
3Day 3: Operational Excellence & Productivity Enhancement
- Production optimization techniques
- Bottleneck identification and removal
- Asset reliability economics
- Maintenance cost optimization strategies
- Energy efficiency and process improvement
- Digital transformation for cost reduction
- Automation and predictive analytics applications
4Day 4: Financial Decision-Making & Investment Optimization
- Capital allocation strategies
- Financial modeling for project evaluation
- Sensitivity and scenario analysis
- Risk-adjusted return assessment
- Investment prioritization frameworks
- Cost of capital considerations
- Portfolio optimization strategies
5Day 5: Strategic Profitability Improvement Framework
- Designing enterprise profitability strategies
- Building cost competitiveness roadmaps
- Implementation planning and governance
- Performance monitoring systems
- KPI dashboards and reporting tools
- Change management for performance transformation
- Case studies from leading global operators
- Final action plan workshop

Schedule

Dates and fees

16 upcoming dates in 8 cities. Fees are per delegate; bring colleagues and every seat is discounted. Every date can also be joined live online for £1,220.

All dates as PDF

November 2026

16NOV 16 - 20 Nov 2026Mon to Fri · 5 daysNext session

AmsterdamNetherlands · Classroom

£2,150per delegate2+ people: £1,720 each

December 2026

7DEC 7 - 11 Dec 2026Mon to Fri · 5 daysOur home city

LondonUnited Kingdom · Classroom

£2,150per delegate2+ people: £1,720 each

14DEC 14 - 18 Dec 2026Mon to Fri · 5 days

ParisFrance · Classroom

£2,650per delegate2+ people: £2,120 each

21DEC 21 - 25 Dec 2026Mon to Fri · 5 days

IstanbulTurkey · Classroom

£4,200per delegate2+ people: £3,360 each

January 2027

4JAN 4 - 8 Jan 2027Mon to Fri · 5 days

AmsterdamNetherlands · Classroom

£2,150per delegate2+ people: £1,720 each

February 2027

1FEB 1 - 5 Feb 2027Mon to Fri · 5 daysOur home city

LondonUnited Kingdom · Classroom

£2,150per delegate2+ people: £1,720 each

March 2027

1MAR 1 - 5 Mar 2027Mon to Fri · 5 days

BarcelonaSpain · Classroom

£1,850per delegate2+ people: £1,480 each

April 2027

5APR 5 - 9 Apr 2027Mon to Fri · 5 days

GenevaSwitzerland · Classroom

£5,250per delegate2+ people: £4,200 each

May 2027

3MAY 3 - 7 May 2027Mon to Fri · 5 days

BarcelonaSpain · Classroom

£1,850per delegate2+ people: £1,480 each

June 2027

7JUN 7 - 11 Jun 2027Mon to Fri · 5 days

IstanbulTurkey · Classroom

£2,850per delegate2+ people: £2,280 each

July 2027

5JUL 5 - 9 Jul 2027Mon to Fri · 5 days

AmsterdamNetherlands · Classroom

£2,150per delegate2+ people: £1,720 each

August 2027

2AUG 2 - 6 Aug 2027Mon to Fri · 5 days

IstanbulTurkey · Classroom

£2,850per delegate2+ people: £2,280 each

September 2027

6SEP 6 - 10 Sep 2027Mon to Fri · 5 days

ParisFrance · Classroom

£2,650per delegate2+ people: £2,120 each

October 2027

4OCT 4 - 8 Oct 2027Mon to Fri · 5 days

BarcelonaSpain · Classroom

£1,850per delegate2+ people: £1,480 each

November 2027

1NOV 1 - 5 Nov 2027Mon to Fri · 5 days

MunichGermany · Classroom

£2,250per delegate2+ people: £1,800 each

December 2027

6DEC 6 - 10 Dec 2027Mon to Fri · 5 days

Kuala LumpurMalaysia · Classroom

£1,850per delegate2+ people: £1,480 each

Live online, on the same dates

Join the class in real time from your office or home: live sessions with the trainer, group discussion, course materials and a certificate of completion. Joining details are emailed before the course starts.

November 2026

16NOV 16 - 20 Nov 2026Mon to Fri · 5 daysNext session

Live onlineVirtual classroom · join from anywhere