An Intensive 5-day Training Course

Governance, Risk, and Compliance (GRC) in the Oil and Gas Industry

Building Resilient, Compliant, and Sustainable Operations in the Oil and Gas Sector

Governance, Risk, and Compliance (GRC) in the Oil and Gas Industry
Governance, Risk, and Compliance (GRC) in the Oil and Gas Industry

CLASSROOM DATES

Date Venue Fee CPE Credit
Date: 12-16 May 2025
Venue: London
Fee: US $5,950
CPE Credit: 30
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Date: 25-29 Aug 2025
Venue: Dubai
Fee: US $5,950
CPE Credit: 30
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Date: 06-10 Oct 2025
Venue: Amsterdam
Fee: US $5,950
CPE Credit: 30
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Date: 10-14 Nov 2025
Venue: London
Fee: US $5,950
CPE Credit: 30
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Date: 15-19 Dec 2025
Venue: Paris
Fee: US $5,950
CPE Credit: 30
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INTRODUCTION

This GRC in the Oil and Gas Industry Course is designed to provide professionals with the knowledge and tools necessary to establish robust Governance, Risk, and Compliance (GRC) frameworks. With the complex regulatory landscape, operational hazards, and environmental responsibilities associated with oil and gas operations, effective GRC implementation is essential for mitigating risks, ensuring compliance, and promoting sustainable resource management.

Participants will gain a comprehensive understanding of risk management, regulatory compliance, corporate governance, and ESG considerations tailored to the oil and gas sector. The course covers critical topics, including health and safety regulations (HSE), environmental compliance (ISO 14001), cybersecurity risks, supply chain resilience, and stakeholder engagement. Through industry case studies and real-world applications, participants will learn to navigate global regulations such as OSHA, API standards, IOGP guidelines, and ESG reporting frameworks like GRI and SASB.

Key Takeaways

  • Understand the core principles of GRC and their application in oil and gas operations.
  • Develop risk management frameworks for operational, environmental, and cybersecurity risks.
  • Ensure compliance with global regulations, including HSE, ISO 14001, and OSHA standards.
  • Strengthen corporate governance to promote transparency and ethical decision-making.
  • Leverage digital tools to monitor compliance, mitigate risks, and enhance operational efficiency.

TRAINING OBJECTIVES

By completing this GRC in the Petroleum Industry training course, participants will:

  • Implement comprehensive GRC frameworks tailored to the oil and gas sector’s challenges.
  • Identify and mitigate operational and environmental risks across upstream, midstream, and downstream operations.
  • Ensure compliance with industry-specific regulations such as HSE, ISO 14001, API, and IOGP guidelines.
  • Strengthen governance practices to enhance transparency, accountability, and sustainability.
  • Utilize digital platforms and ESG reporting tools to monitor compliance and improve performance.

WHO SHOULD ATTEND?

This course is ideal for professionals involved in governance, risk management, and compliance within the oil and gas sector, including:

  • HSE managers and professionals responsible for workplace safety and environmental compliance.
  • Risk managers overseeing operational, financial, and cybersecurity risks.
  • Compliance officers ensuring adherence to industry regulations and standards.
  • Corporate governance professionals promoting transparency and ethical practices.
  • Operations managers seeking to improve process safety and regulatory compliance.
  • Supply chain managers focused on ensuring supply chain resilience and regulatory adherence.

 

By the end of this GRC in the Oil and Gas Industry training course, participants will be equipped to implement effective governance, risk management, and compliance strategies, ensuring operational integrity, regulatory alignment, and long-term business sustainability in the petroleum sector.

Training methodology

TRAINING METHODOLOGY

This Corporate Governance in Oil and Gas Industry Course integrates expert-led instruction with practical exercises:

  • Instructor-led sessions featuring case studies from the oil and gas sector.
  • Group discussions on regulatory challenges, risk management, and ESG compliance.
  • Hands-on exercises for conducting risk assessments and compliance audits.
  • Interactive simulations of operational incidents and cybersecurity breaches.
  • Knowledge assessments to validate learning outcomes and reinforce key concepts.

TRAINING SUMMARY

Organizations that apply strong GRC frameworks will experience:

  • Enhanced risk management, leading to safer operations and fewer incidents.
  • Improved regulatory compliance, minimizing legal risks and penalties.
  • Stronger ESG performance, aligning operations with sustainability objectives.
  • Optimized supply chain resilience, reducing disruptions and improving efficiency.
  • Increased stakeholder confidence through transparent governance and compliance reporting.

TRAINING OUTLINE

Day 1: Foundations of GRC in the Oil and Gas Industry
  • Introduction to GRC in Oil and Gas – Key concepts and industry-specific challenges.
  • Global Regulatory Landscape – OSHA, ISO 14001, API standards, and IOGP guidelines.
  • Corporate Governance in Oil and Gas – Transparency, accountability, and ethical decision-making.
  • Building a GRC Framework – Core components and integration with operational processes.
  • Aligning GRC with ESG Goals – Supporting sustainability and responsible resource management.
Day 2: Risk Management in Oil and Gas Operations
  • Identifying Operational Risks – Safety hazards, environmental impact, and supply chain disruptions.
  • Risk Assessment Techniques – HAZOP studies, bow-tie analysis, and quantitative risk assessments.
  • Managing Cybersecurity Risks – Protecting critical infrastructure and operational technology (OT).
  • Implementing Risk Mitigation Measures – Safety protocols, emergency response, and cybersecurity defenses.
  • Monitoring and Reporting Risks – Using digital platforms to track and analyze risks in real-time.
Day 3: Ensuring Regulatory Compliance in Oil and Gas
  • Understanding Regulatory Obligations – Global and regional compliance requirements.
  • Health, Safety, and Environmental (HSE) Compliance – OSHA regulations and ISO 14001 standards.
  • Operational Compliance – API standards, IOGP guidelines, and industry best practices.
  • Monitoring Compliance – Conducting audits, inspections, and compliance assessments.
  • Building a Culture of Compliance – Training employees and promoting regulatory awareness.
Day 4: Corporate Governance and Stakeholder Engagement
  • Principles of Good Governance – Transparency, accountability, and ethical leadership.
  • Board Oversight and Corporate Responsibility – Roles and responsibilities in governance.
  • Stakeholder Engagement – Building trust with investors, regulators, and local communities.
  • Aligning Governance with ESG Priorities – Supporting environmental and social goals.
  • Monitoring Governance Performance – Using KPIs to measure transparency and accountability.
Day 5: Advanced GRC Strategies and Future Trends in Oil and Gas
  • Integrating GRC Across the Value Chain – Upstream, midstream, and downstream operations.
  • Leveraging Technology for Compliance – IoT, AI, and digital platforms for risk management.
  • Managing Emerging Risks – Climate change, geopolitical instability, and supply chain disruptions.
  • Global Sustainability Trends – Adapting to evolving regulations and stakeholder expectations.
  • Future-Proofing Your GRC Framework – Building resilience and ensuring long-term success.
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