ESE5504 Implementation of Oil and Gas MarketsBahçeşehir UniversityDegree Programs ENERGY SYSTEMS ENGINEERINGGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational QualificationsBologna Commission
ENERGY SYSTEMS ENGINEERING
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
ESE5504 Implementation of Oil and Gas Markets Spring 3 0 3 12
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction: English
Type of course: Departmental Elective
Course Level: Bachelor’s Degree (First Cycle)
Mode of Delivery: Face to face
Course Coordinator : Dr. Öğr. Üyesi GÜRKAN SOYKAN
Recommended Optional Program Components: Not available.
Course Objectives: Upon the completion of this course, the students will have learned not only the technical aspects regarding petroleum and natural gas production, but also the economic and political issues associated with petroleum and natural gas markets.

Learning Outcomes

The students who have succeeded in this course;
1) Explain the physical and chemical processes associated with petroleum production and transportation
2) Explain the physical and chemical processes associated with natural gas production and transportation
3) Recognize the global distribution of petroleum and natural gas reserves
4) Analyze the dynamics of petroleum and natural gas markets
5) Review the major agreements between countries on the trade of natural gas and/or petroleum
6) Analyze Turkey in terms of petroleum and natural gas demand/supply balance
7) Discuss the future of the petroleum and natural gas markets

Course Content

petroleum production and transporation, natural gas production and transportation, global petroleum and natural gaz reserves, the dynamics of petroleum and natural gas markets, international aggrements on the trading of natural gas and petroleum, the current status of Turkey regarding petroleum and natural gas, the estimations regarding the future of petroleum and natural gas markets

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Physical and chemical processes associated with the production and transportation of petroleum
2) Physical and chemical processes associated with the production and transportation of petroleum (continued)
3) Physical and chemical processes associated with the production and transportation of natural gas
4) Physical and chemical processes associated with the production and transportation of natural gas (continued)
5) The analysis of the distribution of major global petroleum and natural gas reserves
6) The dynamics of petroleum and natural gas markets
7) The dynamics of petroleum and natural gas markets (continued)
8) General review
9) The review of international agreements on the trading of petroleum and/or natural gas
10) The review of international agreements on the trading of petroleum and/or natural gas (continued)
11) The analysis of Turkey in terms of petroleum and natural gas demand/supply balance
12) The analysis of Turkey in terms of petroleum and natural gas demand/supply balance (continued)
13) Estimations regarding the future of petroleum and natural gas markets
14) Students' presentations
15) Preparation for the final exam
16) Preparation for the final exam

Sources

Course Notes / Textbooks: Ders notları, dersten sorumlu öğretim üyesi tarafından temin edilecektir.

Lecture notes will be provided by the lecturer.
References: "Standard Handbook of Petroleum and Natural Gas Engineering"
William C. Lyons, Gary J Plisga, Gulf Professional Publishing, UK (2005).

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Presentation 1 % 10
Midterms 1 % 40
Final 1 % 50
Total % 100
PERCENTAGE OF SEMESTER WORK % 50
PERCENTAGE OF FINAL WORK % 50
Total % 100

ECTS / Workload Table

Activities Number of Activities Workload
Course Hours 14 42
Study Hours Out of Class 16 144
Presentations / Seminar 1 1
Midterms 1 3
Final 1 3
Total Workload 193

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Build up a body of knowledge in mathematics, science and Energy Systems Engineering subjects; use theoretical and applied information in these areas to model and solve complex engineering problems.
2) Ability to identify, formulate, and solve complex Energy Systems Engineering problems; select and apply proper modeling and analysis methods for this purpose.
3) Ability to design complex Energy systems, processes, devices or products under realistic constraints and conditions, in such a way as to meet the desired result; apply modern design methods for this purpose.
4) Ability to devise, select, and use modern techniques and tools needed for solving complex problems in Energy Systems Engineering practice; employ information technologies effectively.
5) Ability to design and conduct numerical or pysical experiments, collect data, analyze and interpret results for investigating the complex problems specific to Energy Systems Engineering.
6) Ability to cooperate efficiently in intra-disciplinary and multi-disciplinary teams; and show self-reliance when working on Energy Systems-related problems
7) Ability to communicate effectively in English and Turkish (if he/she is a Turkish citizen), both orally and in writing. Write and understand reports, prepare design and production reports, deliver effective presentations, give and receive clear and understandable instructions.
8) Recognize the need for life-long learning; show ability to access information, to follow developments in science and technology, and to continuously educate oneself.
9) Develop an awareness of professional and ethical responsibility, and behave accordingly. Be informed about the standards used in Energy Systems Engineering applications.
10) Learn about business life practices such as project management, risk management, and change management; develop an awareness of entrepreneurship, innovation, and sustainable development.
11) Acquire knowledge about the effects of practices of Energys Systems Engineering on health, environment, security in universal and social scope, and the contemporary problems of Energys Systems engineering; is aware of the legal consequences of Energys Systems engineering solutions.