Advanced Certificate in GRC for Oil and Gas Professionals Event, 26.May.2025

Course Description

This advanced certificate course provides a comprehensive understanding of Governance, Risk, and Compliance (GRC) in the oil and gas industry. Participants will gain in-depth knowledge of regulatory frameworks, risk management strategies, and compliance best practices specific to the sector. The course combines theoretical concepts with practical case studies to ensure real-world application.

Learning Objectives

• Understand the complexities of GRC in the oil and gas industry
• Develop strategies for effective risk management and mitigation
• Master compliance requirements and regulatory frameworks
• Implement robust governance structures for oil and gas operations
• Enhance decision-making skills in high-risk environments

Course Modules

Day 1: Introduction to GRC in Oil and Gas

• Overview of GRC principles in the industry context
• Regulatory landscape and compliance challenges
• Key stakeholders and their roles in GRC
• Industry-specific risk factors and their impact

Day 2: Governance in Oil and Gas Operations

• Corporate governance structures and best practices
• Board responsibilities and committee functions
• Ethical considerations and corporate social responsibility
• Governance frameworks for multinational operations

Day 3: Risk Management Strategies

• Enterprise Risk Management (ERM) in oil and gas
• Operational risk assessment and mitigation techniques
• Financial risk management and hedging strategies
• Environmental and safety risk considerations

Day 4: Compliance and Regulatory Affairs

• Global compliance standards for oil and gas companies
• Anti-corruption and bribery regulations
• Environmental compliance and reporting requirements
• Data protection and cybersecurity compliance

Day 5: Implementing Effective GRC Programs

• Designing and implementing a GRC framework
• Technology solutions for GRC management
• Performance measurement and continuous improvement
• Crisis management and business continuity planning

Practical Wins for Participants

• Ability to design and implement a comprehensive GRC strategy
• Enhanced skills in identifying and mitigating industry-specific risks
• Improved compliance management capabilities
• Strategies for effective decision-making in complex regulatory environments