Oil and Gas Enterprise Management MSc

Oil and Gas Enterprise Management, MSc

Introduction

This is a degree programme offering a very distinctive insight in to the oil and gas industry. It is detailed, intense and covers all the crucial aspects of the industry from geology to engineering, business, law, and everything in between.

Key Facts

Duration
1 Year
Study Mode
Full Time
Start Month
September / January
Learning Mode
On Campus Learning

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Overview

This programme is one of the most dynamic and relevant petroleum management degrees available in the UK. It provides broad training in oil industry matters by focussing on all aspects of the oil and gas lifecycle, including essential aspects of commercialisation, economics and law, as well as an understanding of how science and technology can be applied at the cutting edge to improve hydrocarbon exploration success and recovery.

The programme aims to develop the conceptual and empirical knowledge, analytical skills and understanding of the business development process in the oil and gas industry. It includes entrepreneurship, negotiating and presentation skills, petroleum economics, accountancy, safety engineering and environmental sciences. The emphasis is on practical application of studies, lateral thinking and management techniques.

This is the only one, truly cross-College programme run in the University. Combining skills, knowledge and input from every area.

What You'll Study

The information below applies to the 1 year full time on campus learning MSc programme which runs in September. You will find information about other ways to study this programme in the next section on this page.

Semester 1

Compulsory Courses

Geoscience in Oil Exploration (GL5034)

This course aims to cover many important aspects of geology, geophysics and prospect evaluation whilst illustrating how geologists deal with uncertainty and risk during exploration stages. An understanding will be gained about how geologists go about exploring for oil and gas, and the main tools at their disposal.

Introduction to Energy Economics (BU5053)

This course introduces key techniques from economics and finance to allowing understanding of the basics of business decision making within the energy industries and the economic implications of key energy policies. We consider basic financial concepts such as: present value, the opportunity cost of capital and their role in business decision making in energy industries. We also consider key economic elements of markets and how the economic environment structures the way in which businesses make decisions and energy market outcomes.

Drilling and Well Engineering (GL5035)

This course aims to cover the main aspects of drilling and well engineering whilst remaining focused on licensing and regulatory frameworks. This will include long-term views on tendering and technique development. Another key aspect of this course will be the issue of communication between geoscientists and engineers.

Management in Engineering: Production, Risk Management and Psychology (GL5205)

This course will provide an understanding of the management aspects of reservoir, facilities, pipeline and safety engineering in the hydrocarbon industry. It will also give an understanding of approaches to risk management and psychology that will enhance management decision-making.

Semester 2

Compulsory Courses

Portfolio Optimisation - Decision Making and Investment Appraisal in Petroleum Economics (GL5500)

This course covers some basic economics and then focuses on valuation of assets, how to deal with risk in making investment decisions, and the various systems by which petroleum revenue is taxed.

Commercial Law and Regulatory Frameworks (GL5525)

This course introduces financial laws attached to petroleum exploration and exploitation with respect to the UK, alongside an introduction to international law and regulatory frameworks.

Remediation Technology for Geosciences (EV5514)

Provides students with a technical working knowledge of the environmental legislation, management and mitigation in a global context;

Evolution of technical skills in defining incidents through quantitative risk assessment;

Ability to use qualitative and quantitative data in understanding the fate and potential harm of environmental pollutants with specific reference to oil and gas;

Use of evidence based lines of evidence in developing critical thinking and interpretation;

Encourages presentation of quantitative data and extrapolation to genuine scenarios.

Research Skills, Professional Development and Field Study (GL5524)

The aim of this course is to provide a structured method for researching various forms of materials and sources with a critical approach for evaluation and appraisal. This course will allow the development of the necessary research skills required to undertake the independent project. Other skills developed include CV preparation, interview practice and group working techniques.

Semester 3

Compulsory Courses

Project in Oil & Gas Enterprise Management (GL5923)

The project is an extended, independent, self-directed, piece of practical work integrating and reinforcing the material taught on the course, and giving a detailed insight into the demands of, and ways of working in the oil and gas industry.

We will endeavour to make all course options available; however, these may be subject to timetabling and other constraints. Please see our InfoHub pages for further information.

Postgraduate Open Day

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How You'll Study

Learning Methods

  • Lectures
  • Field Work
  • Field Trips
  • Research
  • Individual Projects
  • Group Projects
  • Tutorials

Assessment

Assessment comprises of practical exercises and research papers and essays, where students can access information from a wide array of sources, including Oil Industry journals, periodicals and other papers which are available to them. Many of the courses include ‘games’ spread over several days, which require team and negotiating skills, as well as a knowledge of technology and economics, which draw the various courses together.

Why Study Oil and Gas Enterprise Management?

  • We have the right experts teaching in each of the areas that the programme covers - geology, business, economics, science, engineering and law.
  • This programme is open to you if you are from a geoscience, engineering, law, economics, commerce or various other backgrounds.
  • The industry works to projects. Project teams are made up of all key disciplines. You will experience a similar feel to the way we teach this programme and the fact you will be studying alongside individuals from a variety of backgrounds and nationalities will enhance your experience further.
  • The combination of academic expertise across a number of disciplines and course input from industry professionals ensures that you get the very best learning experience.
  • You will undertake what many students identify as the highlight of the programme, a one-week field trip to view exploration and production facilities in an area of the UK.
  • You will develop the experience and confidence required to talk to specialists across the science, engineering and commercial value chain in the upstream oil industry and be given the chance to develop your transferable skills in report-writing, team-work, creative thinking, and problem-solving.
  • We have created a world-class learning environment and we pride ourselves on being a close community of staff and students, working together and sharing experiences.
  • Research in the department focuses on subsurface earth science and its deeper time record. To the department’s traditional strengths in petroleum geology, sedimentology, stratigraphy, geochemistry we have recently added significant expertise in geophysics, tectonics, structural geology to form a major research team with the goal to elucidate geological processes in sedimentary basins and their underpinning tectonics.
  • Organisations that we work with across a number of areas include – Apache, Statoil, Baker Hughes, BP, Chevron, Conoco Phillips, Dana Petroleum, Halliburton, BP, Shell, Pemex and SaudiAramco, to name a few. These links, and more, help us deliver world-class teaching and research.
  • We deliver our programmes from world-class facilities with a number of our MSc programmes having dedicated study and teaching space available.
  • In the 2014 REF results, we were 1st in Scotland - Earth Systems and Environmental Sciences (Geology and Geosciences) and 1st in Scotland for Impact Geosciences.

Fees and Funding

You will be classified as one of the fee categories below.

For international students entering in 2017/18, the 2017/18 tuition fee rate will apply to all years of study.

Fees and Funding Table for HOME, EU, RUK and International Students
Nationality Status Amount
Home / EU / RUK Students Tuition fee for main award £7,100
International Students Tuition fee for main award £17,200
  • In exceptional circumstances there may be additional fees associated with specialist courses, for example field trip courses. Any additional fees for a course can be found in our Catalogue of Courses.
  • For more information about tuition fees for this programme, including payment plans and our refund policy, please visit our InfoHub Tuition Fees page.

Funding

View all funding options in our Funding Database.

6th best Geology Department in the UK

6th best Geology Department in the UK - 2016 Complete University Guide

Entry Requirements

Qualifications

2:1 (upper second class) UK Honours degree, or an Honours degree from a non-UK institution which is judged by the University to be of equivalent worth, in Geology, Geophysics, Engineering, Law, Economics, Commerce, Business or Finance. Joint Business and Computing degrees may also be considered.

Applicants with a good degree and relevant work experience will also be considered.

Language Requirements

All students entering the University must provide evidence that they can use English well enough to study effectively at the University of Aberdeen.

Details of our English language entry requirements can be found on our English Language Requirements webpages. This programme requires that you meet the College of Physical Sciences Postgraduate Higher level of English proficiency.

If you have not achieved the required scores, the University of Aberdeen offers pre-sessional English courses. Further details are available on our Language Centre website.

Nationals of some English-speaking countries or those who hold degrees from some English-speaking countries may be exempt from this requirement. Details of countries recognised as English-speaking can be found on our English Language Requirements webpages.

Document Requirements

  • Degree Transcripta full transcript showing all the subjects you studied and the marks you have achieved in your degree(s) (original & official English translation)
  • Personal Statementa detailed personal statement explaining your motivation for this particular programme
  • Degree Certificatea degree certificate showing your qualifications
  • CVan up-to-date CV/Resumé

Careers

Each year, on average, over 90% of our graduates move into employment or further research, with the vast majority moving into the oil and gas industry. As you are covering such a broad range of courses on the programme and you are being exposed to the industry during the 12 months, you are graduating with a set of skills that are in high demand across a number of different job roles.

If you have worked hard during the degree and pushed yourself to achieve good results then a number of career opportunities are open to you.

Our Experts

Other Experts
Professor Andrew Hurst
Professor David Macdonald
Programme Coordinator
Dr David Muirhead

You will be taught by a range of experts including professors, lecturers, teaching fellows and postgraduate tutors. Staff changes will occur from time to time; please see our InfoHub pages for further information.

What our Alumni Say

  • Konstantin Nazaruk, Relocation Lead at

    Konstantin Nazaruk

    Job Details
    Relocation Lead
    Graduated
    The degree was very intense and it included a high level overview of the oil and gas industry. My course covered the most important topics of oil & gas business from accountancy to well/reservoir engineering.
  • Kheri Abdul Mahimbali, Consultant Supply Chain Management at

    Kheri Abdul Mahimbali

    Job Details
    Consultant Supply Chain Management
    Graduated
    I chose MSc in Oil and Gas Enterprise Management (OGEM) because it offers a wider range of knowledge into the oil and gas industry.
  • Richard Ash, Graduate Procurement Engineer at

    Richard Ash

    Job Details
    Graduate Procurement Engineer
    Graduated
    The MSc OGEM course differed from those offered elsewhere in that it offered diversity, by covering both commercial AND engineering subjects.

1st for Research Impact - Earth Sciences

1st in Scotland for research impact (REF 2014) 

Contact

Address
College of Physical Sciences Graduate School
University of Aberdeen
Fraser Noble Building
King's College
Aberdeen

AB24 3UE
Email
Phone
+44 (0)1224 272515
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