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Course Schedule
Classroom Sessions:
DateVenueFees
23 - 27 Jun 2025 Houston - USA $6,950
08 - 12 Sep 2025 Dubai - UAE $5,950
15 - 19 Dec 2025 Houston - USA $6,950
22 - 26 Jun 2026 Houston - USA $6,950
07 - 11 Sep 2026 Dubai - UAE $5,950
14 - 18 Dec 2026 Houston - USA $6,950
Online Sessions:

08 - 12 Sep 2025 Online $3,950
07 - 11 Sep 2026 Online $3,950
Course Description

INTRODUCTION

This Risk Management for Oil & Gas training course focuses on the issues and imperatives in managing risks in the Oil & Gas industry. The Oil & Gas industry is inherently risky, and in order for any organization to succeed in today’s fast paced, globally interlinked Oil & Gas industry environment, the ability to proactively identify, assess and reduce risk and uncertainty is essential, but is not always managed effectively. Unfortunately, in recent years, the industry has seen many high-impact, but avoidable, incidents that, as well as representing high cost and loss of life have a major impact on reputation. It is apparent that all responsible organisations today need to give increased prominence to Risk Reduction and Management. 

This training course provides both a structured approach to managing risks efficiently and effectively, and the opportunity to study the management lessons that can be learnt from Oil and Gas industry experiences. Case studies are used to highlight key issues and learning points.

This GLOMACS training course will highlight:

  • The special nature of nature of Risks in Oil & Gas
  • Evaluating Risk Management frameworks and practices
  • The use of ISO 31000 in Oil & Gas
  • The impact of leadership, decision-making, planning, operations, administration, infrastructure and external geo-political issues
  • Immediate actions to reduce risk efficiently & effectively

Objectives

By the end of this training course, you will learn 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 mechanisms to support application across the organization 
  • Guide organizational deployment

Training Methodology

Participants to this training course will receive a thorough training on the subjects covered by the training course outline with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. This includes a fast-paced, highly participative event incorporating case studies, current affairs with group work so you can immediately put what you’ve learned into practice

Organisational Impact

Oil & Gas industry organisations today need to focus on Risk. They need to: 

  • Develop a greater understanding of the role of Risk Management within Oil & Gas and their own organization
  • Learn from industry experiences
  • Educate and engage their employees in Risk Management
  • Develop an organization wide emphasis and culture of managing risk
  • Develop the competencies of their people
  • Establish a standard corporate approach to managing risk

Personal Impact

Delegates will develop their risk management skills by attending the training course. They will: 

  • Master the concepts, approaches, standards, methods and techniques for the effective implementation of Risk management
  • Understand a practical framework for the implementation of Risk management in Oil & Gas
  • Develop the necessary leadership skills enabling you to communicate your Risk Management findings to all levels & stakeholders
  • Appreciate the importance of risk management & reduction and of developing an appropriate risk reduction culture
  • Be able to apply appropriate Risk Management approaches & understand and apply ISO31000
  • Develop specific practical Risk analysis and improvement skills

WHO SHOULD ATTEND?

This GLOMACS training course is suitable for a wide range of professionals who are involved in any aspect of Risk Management within the Oil & Gas industry and who want to understand, implement and improve the most up to date Risk Management concepts, processes and ideas. For example:

  • Experienced Risk Managers & Practitioners requiring a refresher on recent developments
  • Internal auditors who seek to fully understand Risk Management & ISO 31000
  • Line & Project Managers who want to ensure that they are effectively managing risk
  • Operations, Project and Program Managers, Engineers and Supervisors
  • Change, Transformation & Organizational Development Managers, Excellence, & Quality Professionals
  • All Other Managers
Course Outline

DAY 1

Risk and Risk Management in Oil & Gas

  • Objectives & Governance, Concepts & Definitions of Risk & Risk Management
  • Risk in Oil & Gas
  • Risk Management Frameworks & ISO31000
  • The Importance of Commitment, Culture, Communication and Behaviour in Seeking an Effective Risk Management Structure
  • The Global Business and Risk Environment for Oil & Gas
  • Enterprise Risk Management – The Resilient Organisation

DAY 2

Designing Your Organisational 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 Organisation’s Risk Management to the ISO 31000 Model & Principles
  • Aligning Risk Management with the Organisation
  • Defining Risk Attitude and Risk Appetite
  • Selecting Options for Risk Criteria, Assessment, Identification, Analysis & Evaluation

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
  • Inventory of Controls (The “Five Ws”)
  • Understanding & using Feedback and Taking on Board “lessons learnt”
  • Open Forum
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
  • Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Providers and Associations

Endorsed Education Provider

  • Quality Logo

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org

In Association With

PetroKnowledge

PetroKnowledge

Our collaboration with Petroknowledge aims to provide the best training services and benefits for our valued clients

Visit website

Oxford Management Centre

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients.

Visit website

The Energy Training Centre

The Energy Training Centre

Our collaboration with Energy Training Centre aims to provide the best training services and benefits for our valued clients

Visit website

Options & Brochure
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Frequently Asked Question:

How can I find out more information about a specific course?

For detailed information about specific courses, including course content, schedules, and instructors, you can visit our website or contact our customer service team. They will be happy to provide all the information you need to make an informed decision.

Can I get a discount for group bookings?

Yes, GLOMACS offers special discounts for group bookings. If you’re planning to enroll multiple participants from your organization, please reach out to our team to discuss the available discount packages.

How are GLOMACS courses structured?

Our courses are structured to provide a balanced mix of theory and practical application. They typically include presentations, case studies, group discussions, hands-on activities, and interactive Q&A sessions to maximize learning outcomes.

Will I receive a certificate upon completing a GLOMACS course?

Yes, upon successful completion of any of our training courses, GLOMACS Certificate will be awarded to the delegates. This certificate is a valuable addition to your professional portfolio and is recognized across various industries.

Does GLOMACS offer customized training for organizations?

Yes, GLOMACS provides customized training solutions tailored to meet the specific needs of organizations. We work closely with companies to design bespoke training courses that address their unique challenges and objectives.

How can I register for a GLOMACS course?

You can register for a GLOMACS training course by visiting our website, selecting the course of your choice, and following the simple registration process. You can also contact our support team for assistance with the registration process.

Who are the trainers at GLOMACS?

Our trainers are industry experts with years of practical experience in their respective fields. They bring real-world knowledge and insights into the classroom, ensuring that our participants receive top-tier, applicable skills and expertise.

Are GLOMACS training courses available online or in person?

GLOMACS offers both online and in-person training options. You can choose from interactive virtual sessions or attend one of our globally located in-person training courses. The flexibility ensures that learning fits your schedule and preferences.

What types of training courses does GLOMACS offer?

GLOMACS offers a wide range of professional development training courses across various industries, including Leadership & Management, Finance & Accounting, Human Resources, Engineering, Oil & Gas, Operations and Logistics, Engineering and Technical and more. Our training courses are designed to enhance career growth and organizational effectiveness.

What are the key benefits of attending a GLOMACS course?

Attending a GLOMACS training course offers numerous benefits, including enhanced professional skills, increased employability, industry-recognized certification, networking opportunities with peers and experts, and the chance to apply practical knowledge directly to your workplace.

Why should I choose GLOMACS?

GLOMACS is a globally recognized leader in professional training and development, with a reputation for delivering high-quality, results-driven training courses. We offer a broad spectrum of training courses taught by expert trainers, flexible delivery options (both online and in-person), and accredited certifications that add real value to your career.

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