• Class and Course

    Petroleum Geopolitics with OilSim

    Geopolitics has a fundamental effect on the level of global oil production and the access to oil. With major changes in the frames of oil production, uncertainty about regimes and volatile oil prices, the impact of geopolitics and political understanding of the oil scene is more important than ever.

    This program explores the political elements in the process of oil and gas exploration licenses and continuous development of the oil industry. It gives the participants the tools to identify the players in the field, where to find relevant information and to analyze the relevant geopolitical situation for a given exploration bid or the long term strategy of a company, institution or organization.

    Using our OilSim learning platform, participants are divided into teams and take on the role of an Oil Company, either a private local or international oil company (IOC), a national oil company (NOC), or a Ministry of Oil in a fictitious country. Teams work their way through the challenges with the emphasis on consideration of the geopolitical situation, to gain the best possible outcome for their company or country.

    Day 1

    International Relations & Energy Politics

    • International relations overview
    • OilSim Challenge 1 & 2
    • International Organizations in the Energy Area
    • Political simulation - Challenge 1

    Understand the basic of the state system and relations between states, international law, the effect of stable states and the role of governmental and non-governmental international organizations.

    Day 2

    Oil Companies & Oil Administrations

    • Private and national oil companies
    • OilSim Challenges 3 & 4
    • National Oil & Energy Administrations
    • Political simulation - Challenge 2

    Understand the actors in the field and their role and goals.

    Day 3

    Energy as a Political Tool

    • OilSim Challenge 5 & 6 
    • The use of energy in international politics
    • The use of energy in national politics
    • Political simulation - challenge 3

    With historical and current examples to give an understanding the use of energy as a political tool.

    Day 4

    Foreign Relations & Oil Companies

    • Oil companies in international relations
    • Political simulation - Challenge 4 & 5
    • Safety and Security in oil and gas production

    To understand the different roles  and influences oil companies have on international relations.

    Day 5

    The Glocal World

    • Understand the interaction between domestic and International politics
    • Political simulation – Challenge 6 & 7
    • The Glocal world

    Understanding of the different layers and actors in an interdependent glocal world and the consequences of actions.

    Professionals empowered with strategic planning, business development and investment responsibilities that need to understand the current geopolitical climate affecting the global Oil & Gas market.

    International Energy Politics

    Through cases the course will work with the geopolitical developments from all regions, giving participants an overview of the key global trends and geopolitical risks. We examine the relevant international energy organizations and other organizations that might influence the energy area such as Transparency International and Greenpeace.

    Current Producers

    The course will give the participants an understanding of the turmoil in the Middle East, which has the largest reserve of hydrocarbons, and give tools to look at the stability of countries with known oil resources. It looks at existing producers such as the US and EU, and also at emerging producers such as China and the Gulf of Guinea.

    We explore what the geopolitical trends mean to regional development of oil and gas.

    The course Looks at the trends, opportunities and risks in newer oil producing nations, such as Ghana, Uganda and Mauritania. Will they become major players?

    Energy Security

    The impact of sustainability movements and the climate change debate also set new rules for oil production. All countries now integrate energy security into their long term geopolitical strategy because future growth is linked to stable energy supplies.

    The program will provide the necessary overview to understand and be able to identify the relevant political variables in domestic, regional and global affairs that can influence the specific oil license on short and long term. This includes specific political situations as well as the change of game with the growing number of NOC sitting on the majority of the known resources today and that one minor incident in one country can initiate major changes in other countries.

    The course teaches the participants to identify other threats that might influence the demand and supply of especially oil and gas but also energy in general.

    Climate Change

    Understand how the new climate change agenda will affect the political agenda of consumer states. What will the environmental challenges, including global warming, mean to the oil and gas industry?

    International Relations

    We look at how oil and gas become a major currency between countries, using examples such as China which has built the first pipeline linking it to the gas fields in Turkmenistan. In doing so it is challenging the domination of Russia. Will international companies get access to the large gas fields, and if so, on what terms?

    Political Influence on Oil Price

    We evaluate leverage on political developments and its associated opportunities and risks in the global Oil & Gas market.

    Energy as Power Politics

    The course explores the impact of geopolitics on worldwide supply and demand, for crude oil, refined products, natural gas and LNG. Participants will consider energy as a part of politics.


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