ESE5504 Implementation of Oil and Gas MarketsBahçeşehir UniversityDegree Programs ENERGY SYSTEMS OPERATION AND TECHNOLOGY (ENGLISH, THESIS)General Information For StudentsDiploma SupplementErasmus Policy StatementNational QualificationsBologna Commission
ENERGY SYSTEMS OPERATION AND TECHNOLOGY (ENGLISH, THESIS)
Master TR-NQF-HE: Level 7 QF-EHEA: Second Cycle EQF-LLL: Level 7

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
ESE5504 Implementation of Oil and Gas Markets Fall 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:
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) Have sufficient theoretical background in mathematics, basic sciences and other related engineering areas and to be able to use this background in the field of energy systems engineering. 1
2) Be able to identify, formulate and solve energy systems engineering-related problems by using state-of-the-art methods, techniques and equipment. 2
3) Be able to design and do simulation and/or experiment, collect and analyze data and interpret the results. 2
4) Be able to access information, to do research and use databases and other information sources. 4
5) Have an aptitude, capability and inclination for life-long learning. 3
6) Be able to take responsibility for him/herself and for colleagues and employees to solve unpredicted complex problems encountered in practice individually or as a group member. 1
7) Develop an understanding of professional and ethical responsibility. 2
8) Develop an ability to apply the fundamentals of engineering mathematics and sciences into the field of energy conversion. 2
9) Develop an understanding of the obligations for implementing sustainable engineering solutions. 3
10) Develop an ability to design a system, component, or process to meet desired needs within realistic constraints such as economic, environmental, social, political, ethical, health and safety, manufacturability, and sustainability 4
11) Realize all steps of a thesis or a project work, such as literature survey, method developing and implementation, classification and discussion of the results, etc.