SAP IS-Oil Training

Module 1: Introduction to SAP IS-Oil

Overview of the oil and gas industry and its challenges

Introduction to SAP IS-Oil and its functionalities

Key components of IS-Oil: Upstream, Midstream, and Downstream  

Integration with other SAP modules

Module 2: Upstream Operations

Land Management: Managing land rights and lease agreements

Joint Venture Accounting: Allocating costs and revenues among partners  

Production Management: Planning, scheduling, and monitoring oil and gas production

Reservoir Management: Analyzing reservoir data and optimizing production

Exploration and Production (E&P) processes  

Module 3: Midstream Operations

Transportation Management: Planning and executing pipeline transportation

Storage Management: Managing storage facilities and inventories

Crude Oil Trading: Buying and selling crude oil

Logistics and Distribution  

Module 4: Downstream Operations

Refinery Management: Planning and scheduling refinery operations

Product Management: Managing refined products and their specifications

Distribution and Marketing: Managing the distribution of refined products

Retail Fueling: Managing fuel stations and retail operations

Module 5: Trading and Risk Management

Commodity trading: Managing contracts and prices

Risk management: Hedging against price fluctuations

Derivatives trading  

Module 6: Financial Accounting and Controlling

Specific accounting requirements for oil and gas companies

Cost accounting and profitability analysis  

Financial reporting

Module 7: SAP IS-Oil Configuration

Key configuration settings in IS-Oil

Customizing master data and transactional processes

Integration with other SAP modules  

Skills Learned:

Understand the oil and gas industry and its specific requirements.

Configure and use SAP IS-Oil modules.

Manage upstream, midstream, and downstream operations.

Perform trading and risk management activities.

Integrate IS-Oil with other SAP modules.

Potential Career Benefits:

SAP IS-Oil Consultant

Oil and Gas Business Analyst

Upstream Operations Manager

Downstream Operations Manager

Commodity Trader

1. Target Audience:

   • Professionals in the oil and gas industry

   • SAP consultants  

   • Business analysts

   • IT professionals

   • Finance professionals