Institute for Energy Diplomacy Professional Courses
University of Guyana’s Institute for Energy Diplomacy Launches Professional Executive
Training Suite of Courses in Oil and Gas, Renewable Energy for 2021
(Georgetown/Guyana/University of Guyana/Institute of Energy Diplomacy/ 23 May,
2021/University of Guyana’s Institute for Energy Diplomacy Launches Professional Exec-
utive Training Suite in Oil and Gas, Renewable Energy for 2021)
The University of Guyana’s Institute for Energy Diplomacy has announced a suite of Executive
Level Professional Courses to begin in June 2021. Courses are being taught by leading inter-
national academics and experts from Universities around the world with long track records in
training for the energy sector.
The Institute will deliver a minimum of two professional courses per month for the rest of 2021
and expects to accelerate its offerings in 2022. IED aims to certify several hundred persons
across various disciplines in its first year of offerings commencing from June 2021 as the Uni-
versity rolls out its programmes in an effort to help fill the performance gaps and expressed
interests of professionals in Guyana and the region.
The professional courses currently being offered are:
1) Energy Markets
2) Oil and Gas Value Chain
3) Energy Transport and Shipping
4) Crude Oil Trading
The courses cover not only a range of upstream, midstream, and downstream oil and
gas activities but equip participants with wider energy training. Prospective participants
are expected to possess an undergraduate degree or at least five years of experience in
a related field.
Each professional course is assessed by a 100% final-online exam and is taught over 1
or 2 weeks. Person’s may opt for an exam or no exam mode. However, it should be
noted that the certification and costs of the two options will differ. The main difference
is that those taking the exams for course credits will have the option of adding these to
other offerings with The University of Guyana for a postgraduate diploma in the future
based on the modular framework of courses offered through the Institute for Energy
IED Founding Director Alex Armogan, stated that IED’s professional courses are optimised
for online delivery and a busy work life.
The University of Guyana has pioneered domestic tertiary level education for fifty-eight years.
Today, via its Institute for Energy Diplomacy, UG is leading the push for professional energy
training to meet the evolving skills gap. The Institute’s courses are guided by past and ongoing
work done by UG and international organisations to map knowledge gaps. UG’s professional
training facilitates the need for Guyana to become a fast-energy learner. Director Armogan
emphasised that while IED’s primary focus is on the Guyana-Suriname basin, the international
quality of the course content and online delivery, added to the prestigious University of Guyana
certification, makes the Institute’s courses internationally attractive.
Vice Chancellor XI, Prof. Paloma Mohamed has said that the courses underscore UG’s contin-
ued drive to ensure that Guyanese can take full advantage of the local content requirements as
well as those spin-off opportunities that are emerging rapidly in the local market. Additionally,
this specific suite is a low-cost and rapid results model for scores of those working on energy
matters in the public sector. She notes that this joins the new offerings in the Faculty of Tech-
nology (Degree and Masters in Petroleum Engineering and Masters in Renewable Energy),
Faculty of Earth and Environmental Sciences (Masters in Environmental Management for the
Oil and Gas Industry), and SEBI (Masters in Management of Supply Chains and Procurement)
all being offered from September 2021.
The brief description of the first suite of Executive Courses being offered by UG’s Institute of
Energy Diplomacy are as follow:
This course provides fundamental knowledge of energy market economics. The aim is to pro-
vide you with an energy-specific toolkit, which will allow you to understand the broader eco-
nomic concepts and issues in this sector. Areas covered include energy demand, oil and refined
products, natural gas, electricity and renewables. Other energy-specific courses will cover more
detailed operational and financial issues.
Oil and Gas Value Chain
This course provides participants with an overview of the key business aspects of the Oil and
Gas Business, with an emphasis on the upstream petroleum business. It explores the oil and
gas value chain, key contracting and portfolio management, risks and challenges in the 21st
century and discusses the important functional management issues, including technical, finan-
cial, environmental, and social.
Energy Transport and Shipping
This course provides fundamental knowledge of energy transportation and the tanker shipping
market. The main aim is to provide participants with the skills and tools required to understand
broader terms, concepts and issues in the oil and gas shipping sector in Guyana. The module
consists of six topics with an introduction of energy transportation, the world tanker market
and operations, shipping contracts and freight market economics, and international regulations
Crude Oil Trading
This course provides fundamental knowledge of energy trading economics. The aim is to pro-
vide you with an in-depth study of the energy industry structure and strategies, study the fun-
damentals of oil and energy trading economics and relate those to current market trends. You
will be introduced to the key issues involved in physical and financial energy trading as well
as advanced issues related to the production and trading of oil before dealing with more detailed
operational issues, which are covered in other energy-specific courses. Areas covered include
oil pricing mechanisms, trading strategies, contracts and contract exposures, and risk manage-
Interested persons can visit www.ugied.com or contact the Institute directly at
email@example.com or +592 613 5776 for more information.
- The University of Guyana