This course is designed to teach you about the processes, threats and opportunities that underpin the successful management of the international energy sector in the 21st century. You should develop the skills required to support a range of exciting careers with multinational energy companies, consultancies, government ministries and international agencies.
According to the International Energy Agency (IEA) over 50% of the world's energy still comes from oil or gas and the proportion is over 60% for developed (OECD) countries. However, the energy industry is continuously developing; the underground reservoirs from which oil and gas can be extracted have become more complex and the production and processing conditions have become more challenging in the Gulf of Mexico, Brazil, China, Australia and Africa, as well as the UK's North Sea. Yet, despite rising extraction costs, according to PWC, oil prices dedined over 50% in 2015 and natural gas prices followed suit.
Expected to remain as a major contributor to the economy of many developed and developing regions, the oil and gas industry continues to be driven not only by new oil and gas discoveries, but also by a constant demand to find newer, safer, more efficient and cost-effective methods of extracting and processing natural resources, and leading the transition to more sustainable energy producing technologies.
This course aims to equip you with a comprehensive understanding of the financial, technical, political, social and environmental aspects of modern energy management. We will cover the theoretical and practical knowledge and skills required to solve and manage oil and gas problems and complexities, to optimise existing processes and deliver increased efficiencies.
We belong to an impressive industry network, including the National Engineering Laboratory (NELL), Society of Petroleum Engineers (SPE), Institution of Environmental Management and Assessment (IEMA), American Association of Petroleum Geologists (AAPG), European Association of Geosclentists and Engineers (EAGE) and the Energy Institute (El). We are always exploring new industry partnerships and opportunities to improve your employability and introduce you to up-to-date practices.
You can also apply for a three-month work experience placement and nine months of professional training in a range of relevant organisations, which have previously resulted in one student working for a recruitment consultancy, while another spent time with Siemens.