Q6 - The New Global Order – Geopolitical Threats to Oil & Gas Geomodes course
code: Q6

The New Global Order – Geopolitical Threats to Oil & Gas

format: Virtual course
duration: 3 days
level: Intermediate
accreditation: CPD

availability:

N/A
European Central Time

$3,499.00

This 3-day course develops conceptual tools for oil & gas professionals to help them succeed in a complex modern environment which demands an awareness and appreciation of the geopolitical forces shaping it. The New Global Order course will equip participants with an understanding of the implications of ongoing global change to ensure they lead effectively. Participants will also learn how to view the modern world and its current challenges to the energy industry through the eyes of its most powerful leaders.

As the rivalry between the United States and China intensifies, the implications are seen in every aspect of the oil & gas business, technology, across cultures and societies. Proxy wars, decoupling of global energy supply chains, reshuffling of global strategic flows and new financial threats to the Bretton Woods system are some of the most visible consequences of a new world emerging.

The current geopolitical environment and its transition to a new system must be considered when taking short and  long-term business decisions by executives and leaders of the oil & gas industry to better prepare for the challenges of the future and a new global order. Alongside this test, the state of the climate, energy sources deficit, migration levels, and aging populations are all of concern to business leaders.

With the twilight of globalization and the individual governments taking back control of the borders, capital, and laws to protect the economy and security, new threads to the global trade and business relationships emerge. Oil & gas business leaders must be able to navigate such system complexities successfully in order to thrive.

 

THE COURSE WILL ENABLE THE PARTICIPANTS

  1. Lead the organization’s strategic response to geopolitical trends in relation to new business opportunities, emerging technological trends and societal tendencies
  1. Make informed and confident decisions in a new evolving international and regional context
  2. Identify and manage geopolitical threats to the global and regional oil & gas business growth and navigate change accordingly

 

WHO THE COURSE IS DESIGNED FOR:

  1. Our course is designed for oil & gas professionals, business executives and leaders of the oil & gas industry who need understand the implications of ongoing global change to ensure they lead effectively.
  2. The curriculum of this course comprises a fresh blend of conceptual and practical insights, combined with our experts’ on-the-ground experience and publications.
  3. The learning experience is enriched by analysis and synthesis of global strategic flows of energy sources, workforce, goods, services, data, capital, knowledge, and technologies which describe a continuous power play between nations and energy business organizations.
  4. This mix provides balanced analysis and opinions, offering participants an informed post globalized world view and a handy toolkit of how to thrive in the new world.

 

DAY 1

Module 1. The world as seen by the leaders of this world

With the presentation of the main geopolitical concepts and terms,  participants will be introduced to the world as it is seen by the most powerful business and political leaders on the planet. This introductory module describes how the fate of a nation is determined, and what factors impact international relations.

The main topics:

  • Why the knowledge of geopolitics is vital for the oil & gas business leaders
  • The modern war and why it happens as we speak
  • Thucydides and Kindleberger Traps,
  • The Power Cycle Theory
  • The Heartland, the Rimland, and the Organic State Theory

 

Module 2. The last 5 centuries of the Western civilization domination

During this module economic development and regional and global connectivity changes of the last 5 centuries will be analyzed followed by the consequences of today’s global order. This module will also describe the globalization cycles with the context of strategic energy flows.

The main topics:

  • Historical overview of Western countries’ dominance and global conquest
  • The historical and modern world’s distribution of wealth
  • Mental blueprints, Western centrism bias
  • Global strategic flows of energy sources, workforce, goods, services, data, capital, knowledge, and technologies

 

Module 3. Global energy trade and geopolitics

Global oil & gas business and trade are highly dependent on a few principles introduced by WTO after the Second World War, like reducing trade barriers and freedom of the see trade concept. Participants will learn how the biggest economies were created and dominated others by protecting domestic markets and controlling strategic energy flows. An assessment of the pros and cons of modern global energy trade and international currency exchange will also be conducted.

The main topics:

  • Absolute advantage and comparative advantage
  • Protectionism and import tariffs
  • The Bretton-Woods system, GATT, and WTO
  • International currency exchange and modern challenges of the system
  • Freedom of navigation and territorial waters as the basis for world trade
  • Artificial island and Hans Island case

 

DAY 2

Module 4: Strategic energy flows

This module introduces the concept of strategic energy flows and how they determine the fate of nations, organizations, and people. Based on geopolitical factors, participants learn how control is exerted by global powers and who holds primacy in the race for global domination in economic, sociological, and technological advancement.

The main topics:

  • World-system theory
  • Financial, technological, and cultural penetration
  • Core, semi-periphery, and periphery countries
  • Strategic energy flows and energy supply chains
  • Global trade routes – sea versus land transport of energy sources, goods and technology
  • Modern immigration
  • Technological flows and technology lifecycles

 

Module 5: From Cold War to US-China rivalry

The competition between the US and China emerged from a period of American pre-eminence (the unipolar moment). This module examines that history and considers the main differences between the current contest between the US and China and the historical contest between the US and former Soviet Union during the Cold War. The focus will be put on the main repercussions for the global energy trade, strategic energy flows, and overall world’s division into two political blocks.

The main topics

  • Marshall plan
  • Japan as the main US partner in SE Asia
  • Suez crisis and Panama Canal crisis and control over strategic flows
  • Proxy wars and their economic reasons
  • The Chinese role in the conflict and China’s entry into the WTO
  • US dollar role in establishing dominance

 

Module 6: The Decline of US dominance

This module describes American influence at its zenith, shows how it dwindled, and considers the global cost of that decline. It also asks whether the US can regain its old swagger and if not, who will be the next global power. The module concludes with an overview of the world’s regions that benefited the most from globalization, presenting the main reasons for the growth.

The main topics

  • The economic crisis of 2008
  • De-industrialization of the Western world
  • Technological wars and trade wars
  • US strategic partnerships and the switch of alliances
  • Decoupling of global energy supply chains
  • Covid-19 effect

 

DAY 3

Module 7: The Chinese Century

This module looks at the world, and especially the US, from China’s perspective , with an emphasis on the reason Chinese leaders decided the time was right to challenge US pre-eminence. After assessing the underlying sources of Chinese strength – military, commercial and technological  – the module then concludes by asking whether China really can supplant the US as the world’s hegemonic power.

The main topics: 

  • 3000 years of Chinese history
  • The factory of the world
  • Why the center of the world is in Asia
  • China’s strategic partnerships
  • The old and new silk road (OBOR – One Belt, One Road project)
  • China’s economic growth

 

Module 8: The role of technology and innovation

This module examines the extent to which the US-China rivalry is based on technology competition and compares each nations approach to innovation in economic and defence matters. Participants are invited to consider the possibility of the emergence of two “techno-spheres” one American the other Chinese.

The main topics: 

  • Current job markets and modern human interactions
  • Digitalization and the digital world
  • Threats to national security
  • Climate change and sustainability
  • Energy industry transformation and renewables
  • New ways of working and Covid-19 effect
  • Emerging skillsets and capabilities
  • Blockchain technology

 

Module 9: Disruptors, inbetweeners, and game-changers

The rivalry between any big powers determines the field of conflict for others. This module describes the constraints faced not only by countries such as Russia and Japan who have chosen one side over another, but also those areas that have sought to resist choosing sides (the European Union, for example). It concludes by describing challenges that affect all countries: energy sources, climate change, demography, migrations, job security, global economic crisis, and pandemics.

The main topics:

  • Liberal democracies versus authoritarian regimes
  • Cultural revolutions
  • Ethical instrumentality of power in business
  • Zero-sum game versus win-win
  • New global strategic flows of workforce, goods, services, data, capital, knowledge, and technologies

 

Module 10: The center of the world in the XXI century

Globalization is the force that pulls people together—and sometimes drives them apart. This final module looks at the recent history of globalization, from its golden age, through “slowbalisation” in more recent years and on into the age of Covid-19. It concludes by arguing that if globalization is in retreat, it will leave great powers, whether political or economic, freer to carve up the world to their advantage.

The main topics: 

  • Past globalization cycles
  • The end of the post-cold war order
  • The road towards a Multi-Polar International System
  • Multipolar world and its consequences
  • De-globalization effect on strategic energy flows

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The New Global Order – Geopolitical Threats to Oil & Gas

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