<p><strong>University of Guyana’s Institute for Energy Diplomacy Launches Professional Executive<br />
Training Suite of Courses in Oil and Gas, Renewable Energy for 2021<br />
(Georgetown/Guyana/University of Guyana/Institute of Energy Diplomacy/ 23 May,</strong></p>

<p><strong>2021/University of Guyana’s Institute for Energy Diplomacy Launches Professional Exec-<br />
utive Training Suite in Oil and Gas, Renewable Energy for 2021)</strong></p>

<p>The University of Guyana’s Institute for Energy Diplomacy has announced a suite of Executive</p>

<p>Level Professional Courses to begin in June 2021. Courses are being taught by leading inter-<br />
national academics and experts from Universities around the world with long track records in</p>

<p>training for the energy sector.</p>

<p>The Institute will deliver a minimum of two professional courses per month for the rest of 2021<br />
and expects to accelerate its offerings in 2022. IED aims to certify several hundred persons</p>

<p>across various disciplines in its first year of offerings commencing from June 2021 as the Uni-<br />
versity rolls out its programmes in an effort to help fill the performance gaps and expressed</p>

<p>interests of professionals in Guyana and the region.</p>

<p>The professional courses currently being offered are:<br />
1) Energy Markets<br />
2) Oil and Gas Value Chain<br />
3) Energy Transport and Shipping<br />
4) Crude Oil Trading<br />
The courses cover not only a range of upstream, midstream, and downstream oil and<br />
gas activities but equip participants with wider energy training. Prospective participants<br />
are expected to possess an undergraduate degree or at least five years of experience in<br />
a related field.<br />
Each professional course is assessed by a 100% final-online exam and is taught over 1<br />
or 2 weeks. Person’s may opt for an exam or no exam mode. However, it should be<br />
noted that the certification and costs of the two options will differ. The main difference<br />
is that those taking the exams for course credits will have the option of adding these to&nbsp;</p>

<p>other offerings with The University of Guyana for a postgraduate diploma in the future<br />
based on the modular framework of courses offered through the Institute for Energy<br />
Diplomacy.<br />
IED Founding Director Alex Armogan, stated that IED’s professional courses are optimised<br />
for online delivery and a busy work life.</p>

<p>The University of Guyana has pioneered domestic tertiary level education for fifty-eight years.<br />
Today, via its Institute for Energy Diplomacy, UG is leading the push for professional energy<br />
training to meet the evolving skills gap. The Institute’s courses are guided by past and ongoing<br />
work done by UG and international organisations to map knowledge gaps. UG’s professional<br />
training facilitates the need for Guyana to become a fast-energy learner. Director Armogan<br />
emphasised that while IED’s primary focus is on the Guyana-Suriname basin, the international<br />
quality of the course content and online delivery, added to the prestigious University of Guyana<br />
certification, makes the Institute’s courses internationally attractive.</p>

<p>Vice Chancellor XI, Prof. Paloma Mohamed has said that the courses underscore UG’s contin-<br />
ued drive to ensure that Guyanese can take full advantage of the local content requirements as</p>

<p>well as those spin-off opportunities that are emerging rapidly in the local market. Additionally,<br />
this specific suite is a low-cost and rapid results model for scores of those working on energy</p>

<p>matters in the public sector. She notes that this joins the new offerings in the Faculty of Tech-<br />
nology (Degree and Masters in Petroleum Engineering and Masters in Renewable Energy),</p>

<p>Faculty of Earth and Environmental Sciences (Masters in Environmental Management for the<br />
Oil and Gas Industry), and SEBI (Masters in Management of Supply Chains and Procurement)<br />
all being offered from September 2021.</p>

<p>The brief description of the first suite of Executive Courses being offered by UG’s Institute of<br />
Energy Diplomacy are as follow:</p>

<p><strong>Energy Markets</strong></p>

<p>This course provides fundamental knowledge of energy market economics. The aim is to pro-<br />
vide you with an energy-specific toolkit, which will allow you to understand the broader eco-<br />
nomic concepts and issues in this sector. Areas covered include energy demand, oil and refined</p>

<p>products, natural gas, electricity and renewables. Other energy-specific courses will cover more<br />
detailed operational and financial issues.</p>

<p><strong>Oil and Gas Value Chain</strong></p>

<p>This course provides participants with an overview of the key business aspects of the Oil and<br />
Gas Business, with an emphasis on the upstream petroleum business. It explores the oil and<br />
gas value chain, key contracting and portfolio management, risks and challenges in the 21st</p>

<p>century and discusses the important functional management issues, including technical, finan-<br />
cial, environmental, and social.</p>

<p><strong>Energy Transport and Shipping</strong></p>

<p>This course provides fundamental knowledge of energy transportation and the tanker shipping<br />
market. The main aim is to provide participants with the skills and tools required to understand<br />
broader terms, concepts and issues in the oil and gas shipping sector in Guyana. The module<br />
consists of six topics with an introduction of energy transportation, the world tanker market<br />
and operations, shipping contracts and freight market economics, and international regulations<br />
in shipping.</p>

<p><strong>Crude Oil Trading</strong></p>

<p>This course provides fundamental knowledge of energy trading economics. The aim is to pro-<br />
vide you with an in-depth study of the energy industry structure and strategies, study the fun-<br />
damentals of oil and energy trading economics and relate those to current market trends. You</p>

<p>will be introduced to the key issues involved in physical and financial energy trading as well<br />
as advanced issues related to the production and trading of oil before dealing with more detailed<br />
operational issues, which are covered in other energy-specific courses. Areas covered include</p>

<p>oil pricing mechanisms, trading strategies, contracts and contract exposures, and risk manage-<br />
ment.</p>

<p>Interested persons can visit www.ugied.com or contact the Institute directly at<br />
team@ugied.com or +592 613 5776 for more information.</p>

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