International Oil and Gas Markets - 2017

To enrol in this unit, you must be accepted into a course from the provider. Read before you start

Unit summary

GCB550

  • Level of Study: Postgraduate
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: No
  • Duration: 13 weeks
  • Government loans available: FEE-HELP
  • Availability for 2017: SP4
  • Availability for 2018: SP2 , SP4
  • Assessment: Case Study (45%) , Presentation (15%) - Learn more

Unit provided by

or
2017 Fees
AUD$
Domestic 3,950.00
International 4,200.00

This unit is designed to provide students with a wide ranging introduction to many of the key business related issues and aspects in the global oil and gas industry. The unit discusses a range of important business related topics impacting the upstream, midstream and downstream sectors of the international oil and natural gas industry.

Please Note:  If it’s your first time studying a Curtin University unit you’ll need to complete their compulsory ‘Academic Integrity Program’. It only takes two hours to complete online, and provides you with vital information about studying with Curtin University. The Academic Integrity Program is compulsory, so if it’s not completed your unit grades will be withheld.

Find out more about the Academic Integrity module.

At the completion of this unit students will be able to:

  1. explain the basic principles, frameworks and models relevant to the international oil and gas industry
  2. apply these principles to assist in solving practical oil and gas industry business problems
  3. explain the international scope and scale of operation within the oil and gas industry
  4. evaluate and synthesize the relevant information and communicate that knowledge using appropriate technology.
  • Case Study (45%)
  • Presentation (15%)
  • Report — Minor Report (25%)
  • Test — Class Test (15%)

There are no prerequisites for this unit.

In order to enrol in this unit, you must be accepted into one of the following courses:

Please visit the course details page and read the Requirements tab for more information about eligibility.

This unit addresses the following topics.

NumberTopic
1Introduction to the unit, Introduction to oil and gas, oil and gas reserves, locations and production. The oil and gas value chain, key terminology
2History of the oil and gas industry, Understanding the historical underpinnings of its present structure
3The `majors', Old Seven Sisters, the New Seven Sisters, national oil companies, OPEC, OGEC
4Structure of the oil and gas industry
5Microeconomics of oil and gas industry
6Pricing in Energy Markets: Spot, Forward and Futures
7Financial Risk Management: Hedging and Speculation
8Debt and Equity in Energy Companies
9LNG Project Evaluation: Upstream Investment Model
10Analyzing the Business Environment in Developing Countries
11Economics of Downstream: Economics of Retail Service Stations, Fertilizer & Nitrate Production and Electricity Production
12Oil, Gas and the Macroeconomy
13Energy Policy, Energy Security and Regulation

This unit is delivered using the following methods and materials:

Instructional Methods

  • Online assignment submission
  • Standard Media
  • Streaming Multimedia
  • Web links

Online materials

  • Audio/Video - Streaming
  • Online Assessment
  • Resources and Links

This unit is a core requirement in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.

Textbook information for this unit is currently being updated and will be available soon. Please check back regularly for updates. Alternatively, visit the The Co-op website and enter the unit details to search for available textbooks.

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