Outlines

• Introduction to Oil Product Balances: Overview of oil product balances, Importance of accurate balance calculations in the petroleum industry.
• Calculation Methodologies: Standard methods for calculating oil product balances, Practical examples and case studies.
• Identifying Product Losses: Types and sources of oil product losses, Methods for detecting and quantifying losses.
• Loss Mitigation Strategies: Techniques for minimizing losses during storage and distribution, Best practices for handling and transferring oil products.
• Advanced Monitoring Tools: Introduction to monitoring tools and technologies, Practical exercises in using monitoring equipment.
• Inventory Management Optimization: Strategies for optimizing inventory levels, Economic impact of efficient inventory management.
• Documentation and Reporting: Best practices for documenting oil product balances and losses, Techniques for preparing clear and accurate reports.
• Case Studies and Practical Applications: Real-world case studies on balance and loss management, Practical applications and exercises.
• Regulatory Compliance: Overview of relevant regulations and standards, Ensuring compliance in balance and loss reporting.
• Continuous Improvement: Methods for continuously improving balance and loss calculations, implementing feedback and lessons learned into daily operations.

Simulator Exercise:

• Theoretical 
• Work Shop
• Video tel
• Exercises

Price
$3105

Program

Natural Gas and Petrochemicals Simulators Systems

Objectives

• Participants will develop the ability to:
  • Accurately Calculate Oil Product Balances: Understand the methodologies for calculating balances of various oil products within storage and distribution systems.
  • Identify and Mitigate Product Losses: Learn techniques for identifying causes of oil product losses and implementing strategies to mitigate them.
  • Utilize Advanced Monitoring Tools: Gain proficiency in using modern tools and technologies for monitoring oil product inventories and losses.
  • Optimize Inventory Management: Develop strategies for optimizing inventory levels to ensure efficient and cost-effective operations.
  • Implement Best Practices in Reporting: Learn best practices for documenting and reporting oil product balances and losses, ensuring transparency and accuracy