Risk Management for Oil and Gas

Course objectives

• Apply major accident hazard and process safety risk management
• Assess environmental and social risk across the asset lifecycle
• Analyse commodity price and currency exposure and the hedging response
• Evaluate fiscal and political risk in a host jurisdiction
• Manage contractor and joint venture risk an operator does not directly control
• Assess decommissioning and abandonment liability
• Integrate these exposures into a single risk picture for a board

Who should attend

• Risk managers in oil, gas and energy
• Process safety and technical safety engineers
• Commercial and finance staff in petroleum
• Regulators and host government officials
• Joint venture and contract managers

Course outline

1. 01The risk landscape across the petroleum asset lifecycle
2. 02Major accident hazards and process safety management
3. 03Environmental and social risk
4. 04Commodity price and currency exposure
5. 05Fiscal and political risk in host jurisdictions
6. 06Contractor and joint venture risk
7. 07Decommissioning and abandonment liability
8. 08Reporting an integrated risk picture to a board

Scheduled sessions