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ONLINE: Business Development for Subsurface Decarbonisation Projects (PBM945)


    Upstream organisations seem to be ideally prepared to engage in subsurface decarbonisation ventures like geothermal and the storage of CO2. The safe and cost-efficient delivery of these projects is likely to become a critical element for the future competitiveness of E&P companies. However, successful business development needs to consider several challenges which need to be overcome if future projects should become a sustainable element in corporate portfolios. Risk factors include the lack of a realistic approach to project definition and design, failure to achieve truly integrated projects and the challenges to increasingly cooperate with stakeholders unfamiliar with the E&P business.
    This course highlights the case for change, criteria for successful business development projects and a range of medium term scenarios for these business segments.

    Course Level: Foundation
    Duration: 3 days
    Instructor: Martin Fleckenstein

    Designed for you, if you are...

    • A geoscientist, reservoir engineer, facilities engineer, business developer, strategic planner, controller or a professional involved in the early identification and definition of geothermal and CCS strategies and project portfolios

    How we build your confidence

    • Highlighting selected case histories
    • Exercises to understand opportunities, challenges, risk mitigation strategies

    The benefits from attending

    By the end of the course you will feel confident in your understanding of:

    • The business case for subsurface decarbonization projects
    • Challenges of geothermal and CCS projects based on track record to date
    • Prerequisites for the implementation of successful business development


    • Business case for geothermal and CCS projects
    • Track record of geothermal and CCS projects
    • Risk management specific to geothermal and CCS projects
    • Case histories, successes and failures, lessons learned
    • Competitive landscape
    • The role of technology and R&D
    • The critical role of team dynamics and decision processes
    • Stakeholder management
    • Public perception, opportunities and challenges



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