June 29, 2026
08:00
Radisson Blu Waterfront Hotel or equivalent hotel
See our homepage for more detailed information about these NTUiTiV Differences.
This intensive 5-day programme delivers a comprehensive understanding of crude oil markets, refining economics, and global trade, with a sharp focus on West, Central, and Southern Africa’s role as major crude exporters and evolving refining hubs.
Through real-world case studies — from deepwater projects like Akpo to regional refinery utilization challenges in Nigeria, Ghana, and Côte d’Ivoire — participants will gain strategic insights into exploration, refining economics, crude trading practices, market volatility, and risk management.
The programme blends commercial, technical, and strategic dimensions, equipping delegates with actionable insights for today’s evolving oil markets.
Africa’s oil sector is at the heart of global energy trade. With expanding deepwater exploration, new refining capacity, and volatile global markets, professionals need the tools to:
• Evaluate upstream and downstream investments within African fiscal regimes.
• Understand pricing benchmarks and their role in crude trading strategies.
• Manage refining margins, contract negotiations, and market risks effectively.
• Position Africa as a competitive hub in global oil markets.
By linking technical fundamentals with practical trading insights, this course empowers participants to make informed commercial and operational decisions in today’s complex energy landscape.
This course is designed for:
• Business Development Managers at NOCs, IOCs, and independents
• Corporate Planning Professionals analyzing oil value chains
• Geoscientists & Petroleum Engineers seeking commercial insights
• Refinery Operations & Planning Personnel optimizing refining margins
• Government Regulators & Policy Makers shaping fiscal frameworks
• Finance & Tax Advisors managing crude pricing, hedging, and trading risks
Over five days, participants will explore:
• Day 1: Upstream Operations in West Africa – Petroleum geology, reserves, drilling, crude assays, petroleum economics, and the Akpo Deepwater Field case study.
• Day 2: Crude Oil Trading & Pricing – Pricing evolution, formula vs. spot pricing, fiscal agreements, royalties, and benchmark integration.
• Day 3: Refined Products & Regional Trade – Refinery utilization challenges, arbitrage opportunities, pricing trends, and the Dangote Refinery.
• Day 4: Risk Management in Oil Trading – Hedging strategies (forwards, futures, options, crack spreads), with volatility case studies.
• Day 5: International Aspects of Oil Trading – Global hubs, WTO rules, shipping laws, ECOWAS agreements, and Africa’s trading ambitions.
⭐️⭐️⭐️⭐️⭐️ “The most insightful course I’ve attended!”
“The instructor’s experience in both refining and trading brought unmatched depth to every topic. I left with practical tools for evaluating crude pricing strategies and refining margins.”
— Chinedu, Corporate Planning Analyst, Oil & Gas Sector
⭐️⭐️⭐️⭐️⭐️ “Comprehensive and practical.”
“I particularly appreciated the sessions on hedging and risk management — complex topics made simple and relevant to Africa’s oil market realities.”
— Aisha, Government Energy Policy Advisor, Public Sector
⭐️⭐️⭐️⭐️⭐️ “Exceptional training experience.”
“The case studies were eye-opening, especially the one on regional refining challenges and the role of Dangote Refinery. I gained both strategic and operational insights.”
— Kofi, Business Development Manager, Energy Trading Industry
Course Outline - International Crude Oil Markets and Trade in Sub-Saharan Africa - WA CA EA SA