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Risk Management In Oil And Gas Industry

USD 5950
IN HOUSE ENQUIRY

Available Sessions

Session Location Register
21 - 25 Apr 2025 DUBAI, United Arab Emirates Register

Description

Oil and Gas is a risky business due to substantial investments and operational uncertainties. Effective risk management is crucial for navigating these challenges. The Risk Management in Oil and Gas Industry course is designed for decision-makers and stakeholders who aim to develop effective strategies for managing and mitigating risks in this volatile sector.

This course provides a thorough understanding of the risk management process, from risk identification and assessment to developing mitigation strategies. Participants will explore key concepts such as risk appetite and Risk Impact Analysis (RIA), and understand the roles of pivotal figures including the Board, CEO, Chief Risk Officer (CRO), and risk champions.

By integrating an effective risk management framework, this training equips businesses to address the unique challenges of oil and gas operations. Enhance your risk management skills and prepare your organization to thrive in a high-risk environment.

Course schedule sample one day
08:30 AM     -     10:00 AM     -     Training 
10:00 AM     -     10:15 AM     -     Coffee Break
10:15 AM     -     12:15 PM     -     Training 
12:15 PM     -     01:15 PM     -     Lunch
01:15 PM     -     03:15 PM     -     Training 
03:15 PM     -     03:30 PM     -     Coffee and Networking

At the end of this five day program, participants will be able to:

  • Understand the role of Risk Management in contributing to performance and competitiveness in Oil & Gas
  • Appreciate the lessons of the past from the industry and apply a precautionary approach
  • Evaluate & select appropriate concepts, approaches, international standards, methods and techniques for the effective implementation of Risk Management
  • Assess current Oil & Gas Risk Management practice & develop mechanism to support application across the  organization 
  • Devise mitigating strategies to protect the organization from Reputational Risk and other risks prevailing in oil & gas sector  
  • Gain a clear understanding of the Risk Matrix  
  • Enforce ERM (Enterprise Risk Management) across the Company  
  • Energy/ Oil & Gas professionals who are keen to attain a holistic and integrated overview of risk management in the Oil & Gas Industry
  • Senior Management (Chief Financial Officer, Chief Procurement Officer, Chief Human Resources Officer, Head Corporate Services)  
  • Support Functions Professionals, Administration Managers, Procurement Managers, Finance Executives, Corporate Services Executives, HSE Staff
  • Non-Oil & Gas Senior Managerial Professionals who may be appointed as Board Members in Oil and Gas Organizations  
  • Business Development and ERM (Enterprise Risk Management) Professionals
  • Corporate Planning Professionals 

DAY 1 – Risk Management in Oil and Gas  

  • Activity: Pre-Assessment  
  • Introduction to the course objectives and contents
  • Objectives & Governance, Concepts & Definitions of Risk & Risk Management
  • Risk in Oil & Gas
  • Risk Management Frameworks & ISO31000
  • The Importance of Commitment, Culture, Communication and Behavior in Seeking an Effective Risk Management Structure
  • The Global Business and Risk Environment for Oil & Gas
  • Enterprise Risk Management – The Resilient Organization
  • Activity: Case Study/ Group Work

Day 2: Organizational Framework for Managing Risk

  • Selecting a Risk Management Framework and Process Suitable for Oil & Gas Application
  • Defining Risk Management Responsibilities & Accountabilities
  • Measuring Risk Management Performance
  • Comparing Your Organization’s Risk Management to the ISO 31000 Model & Principles
  • Aligning Risk Management with the Organization
  • Risk Attitude and Risk Appetite
  • Selecting Options for Risk Criteria, Assessment, Identification, Analysis & Evaluation
  • Activity: Syndicate Work – Decision Points across Oil & Gas Value Chain

DAY 3 - Business Continuity Management Systems (BCMS)

  • Fundamental Principles of Business Continuity Management in Oil & Gas
  • Implementation of a BCMS in accordance with ISO 22301 & ISO 27031
  • Incident and Emergency Response Management
  • Business Impact Analysis (BIA) and Risk Assessment
  • The Relationship between BCMS and Compliance with the other Risk Management Requirements
  • Planning Implementation of a Business Continuity Management Systems (BCMS)

Day 4: Effectively Implementing Risk Management in Oil & Gas

  • Identifying Appropriate Resources and Methodologies to Implement The Risk Management Plan
  • Integrating Risk Management into Decision-making
  • Typical Barriers to Implementation
  • Risk Reporting & Stakeholder Management
  • Quantitative Risk Modelling and Qualitative Reporting
  • Aligning Risk Reporting with Other Strategic Management Activities, such as Reputation Management
  • Learning from Recent Cases of Failure in the Oil & Gas Industry 

Day 5: Review and Continuous Improvement of the Framework

  • Key Risk Indicators (KRI´s)
  • Continually Improving the Risk Management Implementation
  • Collating Risk and Control Information into a Central Risk Register / System
  • Understanding & using Feedback and Taking on Board “lessons learnt”
  • CLOSING : Recap of the five-day course content
  • Activity: Open Forum
  • Post Assessment

This course provides a very enriching learning experience to the participants and encourages them to actively participate in the proceedings. The 2-way communication principle is adopted whereby the delegates learn from the industry experience of the Trainer and at the same time are given opportunity to express their views and ideas.  Depending on the expertise and capability of participants they would even be encouraged to present the learning during the course by themselves with a view to optimize the retention of the knowledge shared by the Trainer/ Facilitator. 

The instructional format capitalizes on a careful balance of formal lectures by the Trainer and individual/ group exercises/ workshops. The Program will use following learning methods/ techniques:  

  • PowerPoint presentations and Lectures
  • Daily Quizzes to determine the retention of knowledge and encourage attentiveness
  • Exercises/ workshops/ Case studies to develop understanding of the topics covered
  • Delegates will be encouraged to take active part in discussions and express their views/ ideas
  • Presentations by the participants to give them confidence and for determining their understanding of the contents taught.

MUHAMMAD SALIM JANDULA


MS Industrial Engineering Mississippi State University
MBA from Institute of Business Administration
BE Mechanical Engineering from NED University of Engineering & Technology

Jandula is a Professional Development Trainer/ Speaker and a Mentor. He speaks on Operational Excellence, Safety Leadership and Oil and Gas Business Dynamics. 

Jandula has demonstrated Safety Leadership, Training & Development, Mentoring and Communication Skills during his 30 years Operational and Training experience in Energy/ Oil & Gas and Manufacturing sectors. Apart from imparting Training, he has held Practical Leadership Roles in Plant Operations, Joint Ventures, Field Management and Procurement & Logistics.

A Professional Mechanical Engineer with Masters from USA and an MBA, Jandula has collaborated/ worked with Global Players/ Multinationals like Eni, OMV, MOL, PGNig, PPL (Formerly Burma Oil Company UK), and Al-Futaim UAE etc. Following are some of his major achievements:

Ensured integrity of Plants and Pipeline network and achieved the hallmark of Three Million Safe Man-hours with no lost time Injury Frequency (LTIF) and 99.99% Station Reliability of State of the art Plant.
Managed 13 E&P (Exploration and Producing) Industrial Assets and increased the profitability by 7% through effective Assets Integrity Management Systems and Optimized Operations.
Managed 425 MMCFD Gas Field with 150 KM Pipeline Network and Compression / Dehydration and Processing
A partial list of delegates in his previous programs/ conferences include companies such as:

  • Petronas Malaysia
  • ENGEN South Africa
  • Ministry of Mineral Resources and Energy, Republic of Mozambique
  • SABIC Saudi Arabia
  • Nigeria National Oil Company
  • EGAT Thailand
  • Emerging EPC

Among his participants, Jandula is known for his pleasing personality and applicable tools and interactive style of presentation.

He is able to cross refer the training contents with the real life work situations and uses a wide variety of specific industry case studies. He encourages the delegates to actively participate in the proceedings and uses workshops and role play models to enable the participants grasp the concepts and apply in their respective work areas when they go back to work after attending the trainings.  

Or

We have a faculty of specialists and can address the diverse levels and specific needs of your organization.

For training and advisory services, feel free to contact us at info@itrainingexpert.com or call us at +603 8082 3707 | +603 8074 9056 | +6012 6869 628 | +6018 2175 123

“Excellent course contents and facilitation”  

“The course was well presented over the five days.”  

Normal Fee Early Bird Group Fee
Sign up 1 pax Sign up 1 pax Sign up 3 pax or more
Pay 1 day(s) before course starts Pay 14 day(s) before course starts Pay 1 day(s) before course starts
MYR 25590 per pax MYR 24290 per pax MYR 23000 per pax
USD 5950 per pax USD 5650 per pax USD 5350 per pax

Upon successful completion of this program, you will receive a Certificate of Achievement.

1. CREDIT CARD PAYMENT- You can opt to register and pay online with our latest payment integration system through our website.
2. BANK TRANSFER- You can also opt to use GIRO or telegraphic transfer of payment via international banks.

We're happy to help.
Feel free to talk to us today.
Mobile call/ whatsapp: +6012 6869 628 | +6018 2175 123
Office: +603 8074 9056
Email: info@itrainingexpert.com
Website: www.itrainingexpert.com

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