Code Date Venue Fees
ME056 21 - 25 Jan 2018 Dubai - UAE $4,750 Register
Home » Seminars » Mechanical Engineering » Infographics & Data Analytics for Oil & Gas Reporting

Introduction

Data analysis and reporting technique are becoming increasing important for organisations regardless of their business activities. Managers and analysts are faced with ever challenging analytical problems due to availability of large datasets spanning over decades. Using the right techniques for analysing the data and reporting, are important in making decisions that result in improving business performance targets.

Oil and Gas companies tend to store large datasets, such data are important for the company in terms of enhancing their efficiencies, improve their operations, support their services and maintaining administration costs. However, analysing the data requires skills of summarizing the data, presenting and reporting.

Recently, Oil and Gas companies began using infographics, which integrate graphics into data presentations. This GLOMACS training course is aimed to equip the delegates with necessary skills to analysis numerical data, reporting and using graphics to present the data.

This training seminar will highlight:

  • How to analyse numerical data?
  • Problems of data analysis and how to overcome such pitfalls
  • How to integrate information into graphs using infographics techniques?
  • The best way to analyse and report numerical data for Oil and Gas companies
  • How to improve report writing style for Oil and Gas companies?

Objectives

This training seminar aims to provide professionals and analysts’ in Oil and Gas companies, the necessary tools required to analyse numerical data and practical capabilities needed to convert data into information via appropriate analysis. They will enhance their skills of using infographics to present the data in a way that can be readily communicated to others in the organisation.

At the end of this seminar, you will learn:

  • Common analytical techniques and representation methods using Infographics
  • The ability to recognize the types of analysis are best suited to Oil and Gas companies
  • Sufficient background and theoretical knowledge to judge when an applied technique leads to incorrect conclusions
  • Ability to converse with people who are experts in the areas of data analysis and to be able to read and comprehend common report in Oil and Gas companies
  • Basic statistical methods and concepts

Training Methodology

The training course adopts a problem-based learning approach, in which delegates are presented with a series of real numerical data analysis problems drawn from the widest possible range of applications from Oil and Gas to other sectors and from logistics to quality control.

For reasons of time constraint, it will not be possible to develop solutions during the course to all of the problems posed. However, all delegates will be given comprehensive solutions to all of the problems, to take away with them at the end of the course, as future learning resources.

The training course is entirely applications-oriented, minimizing the time spent on the mathematics of analysis and maximizing the time spent on the use of practical methods in Excel, along with the understanding why such methods work.

Delegates will spend almost all the time exploring Excel's data analysis and representation functionality, the concept of Infographics and its application in practice. The Data Analysis Tool Pack, to investigate the totally realistic data analysis problems.

Organisational Impact

Organisations that can make optimum decisions will enhance their ability to compete on the global stage through understanding effective methods of data analysis. The participants on this training course, will enhance their analytical skills and will be able to influence the organisation with recommendations based on objective data analysis that in turn produce a higher performing business.

Individuals exposed to this training will develop new insights into the use of Excel and the field of data analysis, and they will learn why data analysis technique is essential to delivering the right quality products and services at the lowest costs. They will improve their report writing skills and integrate graphics into data presentation.

Personal Impact

Participants will gain an understanding and practical experience of a range of the more common analytical techniques and data representation methods, which have direct relevance to a wide range of issues. The ability to recognize the best technique suited for analysing Oil and Gas data.  The delegates will be given sufficient background and theoretical knowledge to be able to judge when an applied technique could lead to incorrect conclusions.

Who Should Attend?

The training course has been designed for Oil and Gas professionals whose jobs involve the manipulation, representation, interpretation and/or analysis of data. Familiarity with a PC and in particular with Microsoft Excel is assumed.

The training course involves extensive computer-based data analysis using Excel 2010 and therefore delegates will be expected to be numerate and to enjoy working with numerical data on a computer.

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Operational Managers involved in the data analysis
  • Financial Managers
  • Risk Managers
  • Board Level Executives and Non-executives

Seminar Outline

Amongst a wide range of interesting topics, the following will be prioritised:

  • Fundamental Statistics
  • Infographics Techniques using Excel
  • Basic of Oil and Gas Data Mining and Representation
  • Frequency Analysis
  • The Importance of Regression Analysis in Oil and Gas companies
  • Confidence Interval
  • Hypothesis Testing

DAY 1

Introduction and Descriptive Statistics                   

  • What is Data Analysis?
  • A reminder of elementary statistics and compensations for small sample sizes
  • A Quick-start Tutorial for Excel
  • Describing Data Sets using Statistics
  • Representing Data Sets Graphically
  • How to create Info-graphic in Excel?
  • How Info-graphics Data Presentation compares to the traditional methods?
  • The Normal Distribution

DAY 2 

Frequency and Time Series Analysis           

  • Frequency of Occurrence
  • Histograms
  • Pareto Analysis
  • Pivot Tables and Pivot Charts
  • How Excel Dashboard is different from Infographics?
  • Time Series Analysis
  • Trending Data
  • Estimation Theory and its relevant to Oil and Gas Data

DAY 3

Scenario Analysis, Confidence and Six Sigma

  • Modelling Scenario and their application in Oil and Gas Companies
  • Interactive Spreadsheets
  • Confidence Intervals
  • Usefulness of Control Chart for Oil and Gas Companies
  • An Introduction to Six Sigma
  • Error Bars

DAY 4 

Regression Analysis Equations and System Modelling 

  •  Simple Regression Analysis / Maximum likelihood Estimations
  • Polynomial Curve Fits
  • Describing Data using Equations
  • Prediction
  • Modelling Single Input Single Output Systems
  • Modelling Multiple Input Single Output Systems / Multivariate Analysis
  • The Applications of Regression to Oil and Gas Companies
  • Presenting Data using appropriate Reporting Style

DAY 5

Correlation Analysis and ANOVA           

  • Differences between Data Sets
  • Correlation Analysis
  • Auto Correlation Functions
  • Analysis Of Variance (ANOVA)
  • Overall review of concepts learned and How they can be applied in practice

Accreditation

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Infographics & Data Analytics for Oil & Gas Reporting


Upcoming Dates

Code Date Venue Fees
ME056 21 - 25 Jan 2018 Dubai - UAE $4,750

Introduction

Data analysis and reporting technique are becoming increasing important for organisations regardless of their business activities. Managers and analysts are faced with ever challenging analytical problems due to availability of large datasets spanning over decades. Using the right techniques for analysing the data and reporting, are important in making decisions that result in improving business performance targets.

Oil and Gas companies tend to store large datasets, such data are important for the company in terms of enhancing their efficiencies, improve their operations, support their services and maintaining administration costs. However, analysing the data requires skills of summarizing the data, presenting and reporting.

Recently, Oil and Gas companies began using infographics, which integrate graphics into data presentations. This GLOMACS training course is aimed to equip the delegates with necessary skills to analysis numerical data, reporting and using graphics to present the data.

This training seminar will highlight:

  • How to analyse numerical data?
  • Problems of data analysis and how to overcome such pitfalls
  • How to integrate information into graphs using infographics techniques?
  • The best way to analyse and report numerical data for Oil and Gas companies
  • How to improve report writing style for Oil and Gas companies?

Objectives

This training seminar aims to provide professionals and analysts’ in Oil and Gas companies, the necessary tools required to analyse numerical data and practical capabilities needed to convert data into information via appropriate analysis. They will enhance their skills of using infographics to present the data in a way that can be readily communicated to others in the organisation.

At the end of this seminar, you will learn:

  • Common analytical techniques and representation methods using Infographics
  • The ability to recognize the types of analysis are best suited to Oil and Gas companies
  • Sufficient background and theoretical knowledge to judge when an applied technique leads to incorrect conclusions
  • Ability to converse with people who are experts in the areas of data analysis and to be able to read and comprehend common report in Oil and Gas companies
  • Basic statistical methods and concepts

Training Methodology

The training course adopts a problem-based learning approach, in which delegates are presented with a series of real numerical data analysis problems drawn from the widest possible range of applications from Oil and Gas to other sectors and from logistics to quality control.

For reasons of time constraint, it will not be possible to develop solutions during the course to all of the problems posed. However, all delegates will be given comprehensive solutions to all of the problems, to take away with them at the end of the course, as future learning resources.

The training course is entirely applications-oriented, minimizing the time spent on the mathematics of analysis and maximizing the time spent on the use of practical methods in Excel, along with the understanding why such methods work.

Delegates will spend almost all the time exploring Excel's data analysis and representation functionality, the concept of Infographics and its application in practice. The Data Analysis Tool Pack, to investigate the totally realistic data analysis problems.

Organisational Impact

Organisations that can make optimum decisions will enhance their ability to compete on the global stage through understanding effective methods of data analysis. The participants on this training course, will enhance their analytical skills and will be able to influence the organisation with recommendations based on objective data analysis that in turn produce a higher performing business.

Individuals exposed to this training will develop new insights into the use of Excel and the field of data analysis, and they will learn why data analysis technique is essential to delivering the right quality products and services at the lowest costs. They will improve their report writing skills and integrate graphics into data presentation.

Personal Impact

Participants will gain an understanding and practical experience of a range of the more common analytical techniques and data representation methods, which have direct relevance to a wide range of issues. The ability to recognize the best technique suited for analysing Oil and Gas data.  The delegates will be given sufficient background and theoretical knowledge to be able to judge when an applied technique could lead to incorrect conclusions.

Who Should Attend?

The training course has been designed for Oil and Gas professionals whose jobs involve the manipulation, representation, interpretation and/or analysis of data. Familiarity with a PC and in particular with Microsoft Excel is assumed.

The training course involves extensive computer-based data analysis using Excel 2010 and therefore delegates will be expected to be numerate and to enjoy working with numerical data on a computer.

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Operational Managers involved in the data analysis
  • Financial Managers
  • Risk Managers
  • Board Level Executives and Non-executives

SEMINAR OUTLINE

Amongst a wide range of interesting topics, the following will be prioritised:

  • Fundamental Statistics
  • Infographics Techniques using Excel
  • Basic of Oil and Gas Data Mining and Representation
  • Frequency Analysis
  • The Importance of Regression Analysis in Oil and Gas companies
  • Confidence Interval
  • Hypothesis Testing

DAY 1

Introduction and Descriptive Statistics                   

  • What is Data Analysis?
  • A reminder of elementary statistics and compensations for small sample sizes
  • A Quick-start Tutorial for Excel
  • Describing Data Sets using Statistics
  • Representing Data Sets Graphically
  • How to create Info-graphic in Excel?
  • How Info-graphics Data Presentation compares to the traditional methods?
  • The Normal Distribution

DAY 2 

Frequency and Time Series Analysis           

  • Frequency of Occurrence
  • Histograms
  • Pareto Analysis
  • Pivot Tables and Pivot Charts
  • How Excel Dashboard is different from Infographics?
  • Time Series Analysis
  • Trending Data
  • Estimation Theory and its relevant to Oil and Gas Data

DAY 3

Scenario Analysis, Confidence and Six Sigma

  • Modelling Scenario and their application in Oil and Gas Companies
  • Interactive Spreadsheets
  • Confidence Intervals
  • Usefulness of Control Chart for Oil and Gas Companies
  • An Introduction to Six Sigma
  • Error Bars

DAY 4 

Regression Analysis Equations and System Modelling 

  •  Simple Regression Analysis / Maximum likelihood Estimations
  • Polynomial Curve Fits
  • Describing Data using Equations
  • Prediction
  • Modelling Single Input Single Output Systems
  • Modelling Multiple Input Single Output Systems / Multivariate Analysis
  • The Applications of Regression to Oil and Gas Companies
  • Presenting Data using appropriate Reporting Style

DAY 5

Correlation Analysis and ANOVA           

  • Differences between Data Sets
  • Correlation Analysis
  • Auto Correlation Functions
  • Analysis Of Variance (ANOVA)
  • Overall review of concepts learned and How they can be applied in practice

Quality Logo

GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

 

All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.



© 2017. Material published by GLOMACS shown here is copyrighted.
All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

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Tel : +971 - 04 - 425 0700, Fax : +971 (04) 425 0701, Email : info@glomacs.ae

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