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Energy Transition Strategy for Oil & Gas Companies Training Course

Equips strategy, planning and commercial teams in oil and gas companies to test demand and price scenarios, portfolio resilience and new energy options.

NZE · Net Zero & Decarbonization ManagementAll Levels#2982ClassroomEnglish , Arabic
Duration
5 Days
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Free substitution at any time · 30+ days' notice: full refund minus 10%. Cancellation policy

Course Overview

This advanced strategic course is designed specifically for strategy, planning, and commercial professionals in national and international oil and gas companies who must position their organizations for an uncertain energy transition. Rather than focusing on emissions targets or decarbonization technologies, it addresses the business questions: how energy demand and prices may evolve, which assets and businesses will remain competitive, and where capital should be allocated. The program covers the main transition drivers, energy demand and price scenario development, signposts and early warning indicators, portfolio stress-testing, stranded-asset risk, breakeven and carbon-cost analysis, and capital allocation under uncertainty. Participants will examine how energy policy, carbon pricing, customers, lenders, and investors are reshaping the strategic options available to oil and gas companies. Particular emphasis is placed on business-model choices, from a focused and resilient hydrocarbon producer to a diversified integrated energy company, and on evaluating new energy businesses such as low-carbon gas, carbon management services, power, and petrochemical integration with commercial discipline, sound partnership structures, and staged investment. Through practical exercises, participants will build transition scenarios, stress-test an asset portfolio, compare capital allocation options, screen new business opportunities, and develop a board-ready transition strategy with clear strategic choices, decision triggers, and performance indicators that can be reviewed as markets and policies change.

Learning Objectives

  • Analyze energy transition drivers and their strategic implications for national and international oil companies.
  • Assess long-term demand uncertainty for oil, gas, and refined products across regions and end-use sectors.
  • Develop coherent energy demand and price scenarios with signposts suitable for corporate planning.
  • Evaluate how carbon pricing, energy policy, and trade measures affect asset competitiveness and margins.
  • Stress-test upstream, midstream, and downstream portfolios against alternative transition scenarios.
  • Identify stranded-asset risk using breakeven, cost-curve, carbon-intensity, and reserve-life analysis.
  • Apply capital allocation principles that balance shareholder returns, resilience, and new energy growth.
  • Compare transition business models, from focused producer to integrated energy company.
  • Screen new energy opportunities against capabilities, market attractiveness, risk, and returns.
  • Assess investor, lender, government, and customer expectations and their influence on strategic choices.
  • Design governance, decision triggers, and performance indicators for adaptive strategy execution.
  • Develop an integrated transition strategy with portfolio choices, capital priorities, and an implementation pathway.

Who Should Attend

This course is designed for corporate strategy and planning managers, business development professionals, commercial and marketing managers, energy economists and market analysts, portfolio and investment planners, and new energy or transition teams in oil and gas companies. It is also suitable for senior executives, finance and capital allocation teams, upstream, refining, and petrochemical business leaders, risk managers, investor relations and government affairs professionals, and sustainability staff who support strategic decisions. The program is particularly relevant to national oil companies, international and independent oil and gas companies, refiners, gas and LNG businesses, energy ministries, and state investment entities that must make long-term portfolio and investment decisions under transition uncertainty.

Learning Outcomes

  • Explain the main transition drivers and their implications for oil and gas business strategy.
  • Interpret long-term demand uncertainty for oil, gas, refined products, and petrochemicals.
  • Build plausible demand and price scenarios with signposts and early warning indicators.
  • Evaluate the effect of policy, carbon pricing, and trade measures on asset competitiveness.
  • Stress-test asset portfolios using breakeven, cost-of-supply, and carbon-intensity criteria.
  • Identify assets and investments exposed to stranded-asset risk.
  • Recommend capital allocation priorities that balance returns, resilience, and growth.
  • Compare transition business models and select a fit-for-purpose strategic position.
  • Assess new energy business opportunities using commercial, capability, and risk criteria.
  • Structure partnerships and staged investments for new energy ventures.
  • Address investor, government, and stakeholder expectations in strategic communication.
  • Produce an adaptive transition strategy with decision triggers, governance, and KPIs.

Course Outline

Day 1

Energy Transition Drivers & Strategic Implications for Oil & Gas

  • Transition drivers and uncertainty about their pace
  • Energy security, affordability, and sustainability trade-offs
  • Shifts in energy demand by sector and region
  • Competitive position of national and international oil companies
  • Resource holders and importers: differing transition exposure
  • Technology cost declines and substitution risk
  • Energy policy, carbon pricing, and trade measures
  • Investor, lender, and insurer expectations
  • Strategic questions facing oil and gas boards
  • Practical Application: Map the transition drivers, uncertainties, and exposure of a selected oil and gas company
Day 2

Energy Demand & Price Scenarios for Strategic Planning

  • Scenario planning principles compared with forecasting
  • Critical uncertainties and predetermined elements
  • Building internally consistent scenario narratives
  • Long-term oil demand pathways by end-use sector
  • Natural gas and LNG demand under transition scenarios
  • Refined products and petrochemical feedstock demand
  • Price formation, cost curves, and marginal barrel logic
  • Translating scenarios into price and margin assumptions
  • Signposts, leading indicators, and early warnings
  • Practical Application: Build three demand and price scenarios with signposts for corporate planning
Day 3

Portfolio Resilience, Stranded-Asset Risk & Capital Allocation

  • Portfolio review across upstream, midstream, and downstream
  • Asset breakeven prices and cost-of-supply positioning
  • Carbon intensity as a competitiveness factor
  • Internal carbon prices in investment decisions
  • Stranded-asset risk in reserves, infrastructure, and refining
  • Portfolio stress-testing against transition scenarios
  • Capital allocation frameworks and hurdle rates
  • Divestment, life extension, and cash-harvest strategies
  • Real options and staged investment under uncertainty
  • Practical Application: Stress-test an asset portfolio and recommend capital allocation priorities
Day 4

Business-Model Options & New Energy Businesses

  • Strategic archetypes for oil and gas companies
  • Resilient, low-carbon advantaged, and integrated business models
  • Refining and petrochemical integration strategies
  • Carbon management services as a commercial business
  • Entry considerations for power and renewables markets
  • Low-carbon fuels businesses from a commercial perspective
  • Capability gaps and build, buy, or partner decisions
  • Joint ventures, offtake agreements, and partnership structures
  • Return expectations and risk profiles of new businesses
  • Practical Application: Screen and prioritize new energy options by capability, market, and return
Day 5

Stakeholder Positioning, Governance & Transition Strategy Integration

  • Government and shareholder mandates for national oil companies
  • Investor communication and transition narrative credibility
  • Climate-related disclosure expectations and strategic consistency
  • Workforce, local content, and capability transition
  • Strategic choices, trade-offs, and sequencing
  • Decision triggers and adaptive strategy pathways
  • Transition strategy governance and board oversight
  • Portfolio and new business performance indicators
  • Communicating the strategy internally and externally
  • Final Workshop: Develop an integrated transition strategy for an oil and gas company covering scenarios, portfolio resilience, stranded assets, capital allocation, business model, new energy businesses, stakeholders, governance, and KPIs

Upcoming Dates

Selected date

London · 14 – 18 Dec 2026 · Classroom

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CityDatesPrice per ParticipantEarly Bird
ErbilScheduled
8 – 12 Nov 2026€4,000—
IstanbulScheduled
16 – 20 Nov 2026€5,300—
FrankfurtScheduled
16 – 20 Nov 2026€6,200—
JeddahScheduled
22 – 26 Nov 2026€4,800€4,320until 2 Nov
KigaliScheduled
30 Nov – 4 Dec 2026€7,700€6,930until 9 Nov
Kuala LumpurScheduled
30 Nov – 4 Dec 2026€4,700€4,230until 9 Nov
LisbonScheduled
7 – 11 Dec 2026€6,000€5,400until 16 Nov
LondonScheduled
14 – 18 Dec 2026€5,800€5,220until 23 Nov
MadridScheduled
21 – 25 Dec 2026€6,000€5,400until 30 Nov
MadinahScheduled
21 – 25 Dec 2026€4,800€4,320until 30 Nov
MakkahScheduled
28 Dec 2026 – 1 Jan 2027€4,800€4,320until 7 Dec
ManamaScheduled
4 – 8 Jan 2027€5,300€4,770until 14 Dec
MarbellaScheduled
4 – 8 Jan 2027€6,000€5,400until 14 Dec
MuscatScheduled
11 – 15 Jan 2027€6,300€5,670until 21 Dec
OnlineScheduled
17 – 21 Jan 2027€2,700€2,430until 28 Dec
ParisScheduled
18 – 22 Jan 2027€6,700€6,030until 28 Dec
AbujaScheduled
25 – 29 Jan 2027€7,700€6,930until 4 Jan
AccraScheduled
1 – 5 Feb 2027€7,700€6,930until 11 Jan
AmmanScheduled
7 – 11 Feb 2027€4,000€3,600until 18 Jan
AmsterdamScheduled
8 – 12 Feb 2027€6,000€5,400until 18 Jan
BakuScheduled
15 – 19 Feb 2027€5,300€4,770until 25 Jan
BangkokScheduled
22 – 26 Feb 2027€6,700€6,030until 1 Feb
BarcelonaScheduled
22 – 26 Feb 2027€6,000€5,400until 1 Feb
BeirutScheduled
28 Feb – 4 Mar 2027€4,500€4,050until 8 Feb
CairoScheduled
7 – 11 Mar 2027€3,800€3,420until 15 Feb
Cape TownScheduled
8 – 12 Mar 2027€7,700€6,930until 15 Feb
CasablancaScheduled
15 – 19 Mar 2027€4,700€4,230until 22 Feb
DammamScheduled
21 – 25 Mar 2027€4,800€4,320until 1 Mar
DohaScheduled
28 Mar – 1 Apr 2027€4,700€4,230until 8 Mar
DubaiScheduled
28 Mar – 1 Apr 2027€4,700€4,230until 8 Mar

Available in: Istanbul · Dubai · London · Doha · Amsterdam

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