Commercial Oil Operations
This course is lead by the former head of operations at BP and will give you an essential grounding for oil and products operations.
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Effective operations are vital to success in an oil supply and trading business and this course covers those areas with which an Operator needs to be familiar.
You will explore the responsibilities needed to handle all aspects of oil trading operations and will gain an understanding as to how they can protect and enhance the value of trades.
Throughout the course participants will engage in the movement of crude and product cargoes across regions and you will gain insight into an Operator's value from a trading perspective.
A certificate will be provided on completion of this course
Tony Yates
Role and Responsibilities
A Trader's View
Contract Formation
INCO Terms and Documentation
Ship Knowledge
Cargo Voyage
Cargo Loss and Reconciliation
Demurrage
Chartering, Ship Vetting and Port Clearance
Loading Operations
Cargo Quality
Sampling and Analysis
Letters of Credit
Discharge Operations
Next Steps and Recommended Resources