Oil and Gas Enterprise Management, MSc

Oil and Gas Enterprise Management, MSc

Introduction

The MSc Oil and Gas Enterprise Management provides the essential commercial, legal and scientific skills needed to progress to senior management level positions in the international hydrocarbons industry.

  • This course has both January and September start dates.
  • Eligible self-funded international Masters students will receive the Aberdeen Global Scholarship. Visit our Funding Database to find out more.

Study Information

Study Options

Learning Mode
On Campus Learning
Degree Qualification
MSc
Duration
12 months
Study Mode
Full Time
Start Month
September or January

This long-established interdisciplinary programme develops your business, legal and technological skills to provide a thorough understanding of the entire oil and gas lifecycle, from exploration & production (E&P) through to commercialisation, within the broad economic and legal context of the oil and gas industry.

The MSc Oil and Gas Enterprise Management is taught by industry-based experts, who bring with them the latest industry trends and techniques to ensure that what you learn on this programme is relevant to the needs of the upstream oil and gas industry today. Industry-led teaching is further supported by input from researchers and academic experts from across the University of Aberdeen, including from the School of Geosciences, Business School, and School of Law.

The University’s location at the heart of the oil and gas industry means students benefit from direct access to industry, not only through lectures from industry experts, but also through field trips, site visits, industry-supported projects as well as numerous other networking and careers events that take place in Aberdeen.

A key feature of this programme is the residential field course, where students visit a number of industry locations across the North East of Scotland, including for example, manufacturing installations for offshore exploration, oil terminals, and various supply chain companies that provide key services for the oil and gas sector in Aberdeen.

For the final project, you can choose to focus on any element of the programme, from the commercial, legal, scientific or technical aspects of the oil and gas industry, depending on their particular interests and career ambitions.

Every year, the programme attracts students from around the world and from a variety of academic backgrounds, including geology, business, law, engineering, and economics as well as graduates of other disciplines who have relevant industry experience.

Available Programmes of Study

MSc

Oil and Gas Enterprise Management

Qualification Duration Learning Mode Study Mode Start Month  
MSc 12 months On Campus Learning Full Time January More

Programme Fees

Fee information
Fee category Cost
EU / International students £27,000
Tuition Fees for 2024/25 Academic Year
UK £11,100
Tuition Fees for 2024/25 Academic Year

Stage 1

Compulsory Courses

Getting Started at the University of Aberdeen (PD5506)

This course, which is prescribed for all taught postgraduate students, is studied entirely online, takes approximately 5-6 hours to complete and can be taken in one sitting, or spread across a number of weeks.

Topics include orientation overview, equality and diversity, health, safety and cyber security and how to make the most of your time at university in relation to careers and employability.

Successful completion of this course will be recorded on your Enhanced Transcript as ‘Achieved’.

Remediation Technology for Geosciences (EV5514)

15 Credit Points

Hydrocarbon contamination of land and water has developed into a major issue in the recent decades. This course provides the technical working knowledge of hydrocarbon behaviour in different environments, and develops understanding of corresponding management and mitigation approaches with specific reference to the Oil and Gas industry. While the lectures afford sound theoretical basis, the practical classes and workshops offer hands on experience in environmental modelling. Particular attention is paid to hydrocarbon behaviour at sea and responses to marine oil spills.

Portfolio Optimisation (GL5500)

15 Credit Points

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.

Research Skills, Professional Development and Field Study (GL5524)

15 Credit Points

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.

Commercial Law and Regulatory Frameworks (GL5525)

15 Credit Points

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.

Stage 2

Compulsory Courses

Project in Oil & Gas Enterprise Management (GL5923)

60 Credit Points

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.

Stage 3

Compulsory Courses

Case Studies: Discovery, Development, Maturity and Decommissioning (GL5048) (15 credit points)

Introduction to Energy Economics (BU5053)

15 Credit Points

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.

Fundamentals of Petroleum Geoscience (GL5033)

15 Credit Points

The course covers aspects of geology, geophysics and prospect evaluation to illustrate how geologists deal with uncertainty and risk during the exploration process. It will look at the place of the geoscientist during the productive life of an oilfield. Another key aspect of this course will be the issue of communication between geoscientists and engineers. By the end of this course students should understand how geologists explore for oil and gas, and the main tools at their disposal; the role of the geophysicist; how to make prospect maps; petroleum volumetrics; subsurface fluid flow; and the creation of static reservoir models.

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

15 Credit Points

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.

MSc 12 months On Campus Learning Full Time September More

Fees for individual programmes can be viewed in the Programme(s) above.

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.

Fee Information

Additional Fee Information

  • Fees for individual programmes can be viewed in the Programmes section above.
  • In exceptional circumstances there may be additional fees associated with specialist courses, for example field trips. 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 Opportunities

  • Aberdeen Global Scholarship: Eligible self-funded international Masters students will receive the Aberdeen Global Scholarship.
  • NEO Energy, an independent full-cycle energy business in the UKCS, are offering two postgraduate scholarships valued at £20,000 each. Find out more.
  • Shell U.K. Limited is offering three £20,000 scholarships for students starting a Masters programme aligned with the Centre for Energy Transition (CET) commencing in September 2024. Find out more.

Visit our Funding Database to find out more and see our full range of scholarships.

Scholarships

Self-funded international students enrolling on postgraduate taught (PGT) programmes will receive one of our Aberdeen Global Scholarships, ranging from £3000 to £8,500, depending on your domicile country. Learn more about the Aberdeen Global Scholarships here.

To see our full range of scholarships, visit our Funding Database.

How You'll Study

Learning Methods

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

Assessment Methods

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.

Entry Requirements

Qualifications

The information below is provided as a guide only and does not guarantee entry to the University of Aberdeen.

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.

Please enter your country to view country-specific entry requirements.

English Language Requirements

To study for a Postgraduate Taught degree at the University of Aberdeen it is essential that you can speak, understand, read, and write English fluently. The minimum requirements for this degree are as follows:

IELTS Academic:

OVERALL - 6.5 with: Listening - 5.5; Reading - 6.0; Speaking - 5.5; Writing - 6.0

TOEFL iBT:

OVERALL - 90 with: Listening - 17; Reading - 21; Speaking - 20; Writing - 21

PTE Academic:

OVERALL - 62 with: Listening - 59; Reading - 59; Speaking - 59; Writing - 59

Cambridge English B2 First, C1 Advanced or C2 Proficiency:

OVERALL - 176 with: Listening - 162; Reading - 169; Speaking - 162; Writing - 169

Read more about specific English Language requirements here.

Document Requirements

You will be required to supply the following documentation with your application as proof you meet the entry requirements of this degree programme. If you have not yet completed your current programme of study, then you can still apply and you can provide your Degree Certificate at a later date.

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

Aberdeen Global Scholarship

Eligible self-funded post graduate taught (PGT) students will receive the Aberdeen Global Scholarship. Explore our Global Scholarships, including eligibility details, on our dedicated page.

Aberdeen Global Scholarships

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.

Career Opportunities

  • Business Development Coordinator
  • Commercial Adviser
  • Field Services Coordinator
  • Junior Drilling Consultant
  • Process Engineer
  • Project Manager
Image for useful fact about this Subject

4th in the UK for Earth Sciences

We are ranked 4th in the UK for overall student satisfaction in Earth Sciences with a score of 91.7% (National Student Survey, 2022).

What our Alumni Say

Aftab Zafar

Aftab Zafar

Aftab Zafar

Job Details
Head of Business Development, MOL Pakistan
Graduated 2017

I joined the oil and gas industry in 2013 as an engineer but have always aspired to achieve a leadership role in the energy industry because of my management skills. To reach this goal, I needed to learn the language of different streams in the Oil and Gas Sector which is why I decided to join the OGEM programme. The programme offers an incredibly diverse set of courses, and I cherish the fact that I was able to study a wide variety of subjects.

Find out more

Richard Ash

Richard Ash

Richard Ash

Job Details
Graduate Procurement Engineer
Graduated 2014

The MSc OGEM course differed from those offered elsewhere in that it offered diversity, by covering both commercial AND engineering subjects.

Lucky Ogutu Okudo

Lucky Ogutu Okudo

Lucky Ogutu Okudo

Job Details
CEO and Founder
Graduated 2015

The minute I knew I wanted to study the discipline of Energy I automatically knew without a doubt I was headed to Scotland, let alone Europe’s Oil & Gas capital, Aberdeen.

Find out more

Farida Bayari

Farida Bayari

Farida Bayari

Graduated 2017

The best part of my experience must be having to take courses like Portfolio Optimization. The course has given me more insight into the commercial aspect of the oil industry than I ever had. I've had to run Economic models, participate in group work and presentations where I'm part of the Government, and another group is the Oil Company, requiring me to make the best tax decisions that will favour us both. I found that experience very thrilling!

Leslie-Ann George

Leslie-Ann George

Leslie-Ann George

Graduated 2016

My degree at Aberdeen boosted my confidence through the knowledge and industry exposure I was given to thrive in the workplace. Previous tutors also made themselves available to offer advice when I started my career as a young professional. I will forever cherish the friendships, industry insights and the quality of education of I was given to enrich my skillset in the work environment.

Ivan Starostin

Ivan Starostin

Ivan Starostin

Graduated 2015

My degree gave me competence to speak equally to anyone in the industry, regardless of their seniority. My degree was like an insignia of my right to stand upright and talk openly.

Our Experts

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

Information About Staff Changes

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.

Get in Touch

Contact Details

Address
Student Recruitment & Admissions
University of Aberdeen
University Office
Regent Walk
Aberdeen
AB24 3FX