Skriv ut | Lukk vindu |
Høst 2020
GEO-3120 Management of the Petroleum Resources - 10 stp
The course is administrated by
Type of course
Course contents
Application deadline
Applicants from Nordic countries: 1 June for the autumn semester.
Exchange students and Fulbright students: 15 April for the autumn semester.
Admission requirements
Bachelor's degree in geology, or a similar degree following a programme of study of at least three years, or similar education approved in accordance with the Norwegian Universities Act section 3-4. In addition, specialization in geology worth the equivalent of at least 80 ECTS credits is required. Normally, an average mark of C or better is required at the bachelor's degree level or other program for basis of admission.
Application code: 9371.
Objective of the course
Knowledge
The student has
- understanding of the Norwegian model for management of oil and gas revenues, and how this model relates to other national models globally.
- understanding of the principles of petroleum resource classification systems, and how they relate to the stages of resource development and potential value of petroleum.
Skills
The student can
- separate and define the different roles of the authorities, the directorates, the operators and the suppliers in the exploration, exploitation, and management of oil and gas resources.
- define, understand, and discuss the term "economic rent".
- explain the difference between energy and energy carriers, and describe individual energy carrier trends.
- discuss Arctic industry in an environmental, development and political context.
General competences
The student can
- discuss and analyze the link between developments of society and energy consumption.
- use relevant literature and analytical skills to solve relevant problems.
- communicate solutions of relevant scientific problems in written form.
Language of instruction
Teaching methods
Assessment
The form of examination will be portfolio assessment. Two home-assessments will be handed out during the semester (each counts 20 % of the final grade). In addition, there will be a home exam (counts 60 % of the final grade). All three parts must passed in order to pass the subject.
Grading scale: Letter grades A-F, where F is fail. In case the total grade is F, new essays and home-exam can be redelivered within a new decided time/date.
Compulsory learning activities
Admittance to the final home-exam requires approval of the two home-assessments during the semester.
Date for examination
The date for the exam can be changed. The final date will be announced at your faculty early in May and early in November.