Location

Integrated Simulator Complex

Objectives

• Accurately Calculate Oil Product Balances: Understand the methodologies for calculating balances of various oil products within storage and distribution systems.2- Identify and Mitigate Product Losses: Learn techniques for identifying causes of oil product losses and implementing mitigation strategies.3- Utilize Advanced Monitoring Tools: Gain proficiency in using modern tools and technologies for monitoring oil product inventories and losses.4- Optimize Inventory Management: Develop strategies for optimizing inventory levels to ensure efficient and cost-effective operations.5- Implement Best Practices in Reporting: Learn best practices for documenting and reporting oil product balances and losses, ensuring transparency and accuracy.

Outcomes

Apply standard methods for calculating oil product balances.2- Identify and analyze factors contributing to oil product losses.3- Use advanced tools for monitoring and reporting oil product inventories.4- Develop and implement strategies for minimizing oil product losses.5- Prepare accurate and comprehensive reports on oil product balances and losses.

Course Contents

Introduction to Oil Product Balances: Overview of Oil Product Balances, Importance of accurate balance calculations in the petroleum industry.2- Calculation Methodologies: Standard methods for calculating oil product balances, Practical examples and case studies.3- Identifying Product Losses: Types and sources of oil product losses, Methods for detecting and quantifying losses.4- Loss Mitigation Strategies: Techniques for minimizing losses during storage and distribution, Best practices for handling and transferring oil products.5- Advanced Monitoring Tools: Introduction to monitoring tools and technologies, Practical exercises in using monitoring equipment.6- Inventory Management Optimization: Strategies for optimizing inventory levels, Economic impact of efficient inventory management.7- Documentation and Reporting: Best practices for documenting oil product balances and losses, Techniques for preparing clear and accurate reports.8- Case Studies and Practical Applica