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Managing Innovation and New Technologies in the Upstream Oil & Gas Industry

Oil Innovation

Course Overview

The upstream oil and gas industry has become more technology-intensive over the years, and the pace of technological change within the sector is accelerating. But how should an organization manage the development, deployment, and use of new innovations that are emerging within the industry? Designed by the architect of both of the Society of Petroleum Engineers’ Global Innovation Surveys, this course gives participants an awareness of how innovation and R&D happen within the sector and, by teaching them how to apply a broad range of tools, shows them how they can get better results from their organization’s innovation-related activities.

Learning Objectives

By the end of this course, participants will:

  • Develop an appreciation for the role of innovation in the success of oil & gas firms
  • Understand the industry-specific challenges of R&D in the oil & gas industry
  • Know how to be innovative even in a low-price or turbulent environment
  • Understand “open innovation,” and know a few ways that they can become open innovators who successfully leverage innovations and good ideas from other organizations and industries
  • Know how to articulate the potential value of oil & gas technologies, and to recognize the limitations of different valuation methods
  • Understand how innovation can help the oil & gas industry to survive and compete in a carbon-constrained world
  • Develop an appreciation for how digital technologies like Big Data, cloud computing, Internet of Things, blockchain, etc. are changing the competitive dynamics of the sector
  • Understand how/why dominant designs emerge in the marketplace, but not always (and the market conditions that typically give rise to each scenario)
  • Know how to connect your technology strategy to the larger strategic aims of your organization
  • Know how organizational designs impact innovation processes, thereby helping them to design organizations that are more innovative and successful in managing novel technologies
  • Understand tools and approaches for managing and tracking new product development and their organization’s R&D portfolio

Course Testimonials

By blending his deep industry experience and his research on tomorrow’s technology trends, the instructor does a great job of unpacking this important subject.

Dr. K. H. Leong

Formerly Group Technical Authority – Composites and Advanced Materials
PETRONAS, Kuala Lumpur

This course should be compulsory for every technical manager in the petroleum industry.

Dr. Víctor Ortiz-Gallardo

Former Head of Competitive Technical Intelligence
Mexican Petroleum Institute, Mexico City

The delegates were impressed with the delivery of the course.

Mr. Geevan Ramalingam

Training Specialist
Society of Petroleum Engineers
Kuala Lumpur, Malaysia

The best course I have been to for a long, long time!

Mr. Wade Bard

Development Manager
Santos - Brisbane, Australia

Who Should Attend?

This course is appropriate for anyone who is connected to the innovation-related aspects of their organization, who works in decision-making roles that are frequently impacted by the emergence of new technologies, or who wants to play a role in creating a more innovative environment within their business. No prior experience or training in this area is required for this course.

Delivery Options

Scheduled Online Delivery

The course will be delivered online over a 3-day period with real-time teaching, allowing for questions and interaction throughout.


Customized In-House Delivery

For larger groups, the course can also be delivered in-person almost anywhere in the world, and the contents can be customized to meet your organization’s needs. The instructor’s native language is English, but he has successfully delivered the course to non-English audiences with the assistance of interpreters.