Introduction
The oil and gas industry operates in a highly complex and volatile environment, making risk management an essential function to ensure operational and financial sustainability. From fluctuating commodity prices and geopolitical tensions to environmental regulations and health and safety risks, the industry faces numerous challenges. This course is designed to equip participants with the knowledge and tools to identify, assess, and mitigate various risks. Participants will learn how to apply risk management techniques that safeguard assets, ensure compliance, and enhance long-term success.
Course Outline
- Module 1
- Module 2
- Module 3
- Module 4
- Module 5
- Course Objectives
- Target Audience
Risks in the Oil and Gas
- Risks and its types in oil and gas.
- Commodity price volatility and its impact on operations.
- Geopolitical risks in oil-producing regions.
- Supply chain and logistics risks.
- Environmental risks: regulatory compliance and impact.
- Health and safety risks in oil and gas operations.
Risk Assessment & Analysis Tools
- How to identify risks using widely adopted techniques.
- Risk probability and impact assessment.
- Risk matrices and risk registers.
- Sensitivity analysis in risk management.
- Risk monitoring systems in oil and gas.
- Risk reporting and corporate governance.
Financial Risk Management
- Managing commodity price fluctuations.
- Managing foreign exchange risk
- Mitigating risks in supplier contracts, partnerships, and debt financing.
- Insurance in managing financial risks.
- Financial derivatives in risk management
- Challenges related to market volatility and financial stability.
Operational and Health & Safety Risk Management
- Identifying and mitigating risks in E&P activities.
- Managing risks throughout the oil and gas supply chain.
- Protecting oilfield operations from cyber threats.
- Health and safety regulations in oil and gas (ISO 45001).
- Investigating incidents to prevent future occurrences.
- Personal protective equipment (PPE) and safety measures.
Environmental & Regulatory Risk Management
- Environmental risks involved in oil and gas operations.
- Complying with environmental regulations (ISO 14001)
- Managing risks associated with emissions and spills
- Mitigating the environmental impact of oil spills and emissions.
- Mitigating regulatory risks through compliance audits.
- Sustainability strategy for risk management.
By the end of this course, participants will be able to:
- Identify and classify key risks in the oil and gas industry.
- Assess risks using various risk management techniques.
- Explore the effective risk mitigation strategies for financial, operational, and supply chain risks.
- Ensure compliance with environmental and safety regulations, including conducting audits.
- Implement continuous risk monitoring, reporting, and improvement processes.
- Manage financial and operational risks, including price volatility and credit risk.
This course is ideal for:
- HSE Managers.
- Risk Management Officers.
- Project Managers.
- Operations Managers.
- Financial Managers.
- Supply Chain Managers.
- Procurement Managers
- Compliance Officers.
Course Schedule & Fees
- Kuala Lumpur
- Singapore
- Amsterdam
- Online
- Course Fees
This course will take place in Kuala Lumpur on the following dates:
| 19/05/2025 | 02/06/2025 | 16/06/2025 | 30/06/2025 |
| 14/07/2025 | 28/07/2025 | 11/08/2025 | 25/08/2025 |
| 08/09/2025 | 22/09/2025 | 06/10/2025 | 20/10/2025 |
| 03/11/2025 | 17/11/2025 | 01/12/2025 | 15/12/2025 |
| 29/12/2025 | 12/01/2026 | 26/01/2026 | 09/02/2026 |
This course will take place in Singapore on the following dates:
| 12/05/2025 | 02/06/2025 | 23/06/2025 | 14/07/2025 |
| 04/08/2025 | 25/08/2025 | 15/09/2025 | 06/10/2025 |
| 27/10/2025 | 17/11/2025 | 08/12/2025 | 29/12/2025 |
| 19/01/2026 | 09/02/2026 |
This course will take place in Amsterdam on the following dates:
| 05/05/2025 | 26/05/2025 | 16/06/2025 | 07/07/2025 |
| 28/07/2025 | 18/08/2025 | 08/09/2025 | 29/09/2025 |
| 20/10/2025 | 10/11/2025 | 01/12/2025 | 22/12/2025 |
| 12/01/2026 | 02/02/2026 | 23/02/2026 |
This course will take place Online the following dates:
| 27/05/2025 | 24/06/2025 | 22/07/2025 | 19/08/2025 |
| 16/09/2025 | 14/10/2025 | 11/11/2025 | 09/12/2025 |
| 06/01/2026 | 03/02/2026 |
| Kuala Lumpur | Singapore | Amsterdam | Online |
| USD$ 3,580 | USD$ 5,600 | USD$ 5,600 | USD$ 1,920 |
