Operational Risk Management & Insurance in the Petroleum Industry
Operational risk and insurance for the oil and gas industry. Participants learn what drives operational risk, analyse past disasters, strengthen risk and safety culture and human-factors control, manage contractors, use risk registers, insurance and business continuity.
At a glance
- 5 days
Who it's for
- Risk, HSE, operations and insurance professionals in oil & gas
Learning objectives
- Distinguish hazards and risks; identify, manage and report operational risks
- Use risk registers predictively
- Strengthen risk & safety culture and human- factors control
- Apply risk-based contractor management and business continuity
Detailed content
- Risk in exploration, production and refining
- HSE risks
- Risk and safety culture
- Human factors
- Causal analysis of major accidents (Piper Alpha, Deepwater Horizon)
- Risk identification and bow-tie analysis
- Risk registers and their effectiveness
- Risk-based contractor management
- Insurance of oil and gas operations
- Business continuity
Day-by-day agenda
A typical schedule. In-company versions are tailored to your processes, data and timing.
- Operational risk drivers
- Culture and human factors
- Learning from disasters
- Managing risk
- Insurance and continuity
- Case study, action plans and course assessment
Practice, tools and assessment
Hands-on practice
- Site inspection and hazard spotting with photos
- Risk assessment and control hierarchy for a real task
- Incident investigation case study and report
- Calculate a simple GHG inventory (Scope 1 and 2)
Tools and templates you keep
- Risk-assessment (HIRA) form
- Inspection checklists and toolbox-talk template
- Incident investigation report
- GHG calculator (Excel)
How learning is assessed
- Pre- and post-course knowledge check
- Assessment of practical exercises by the trainer
- Action plan reviewed at the end of the course
Built on these standards and bodies of knowledge
- ISO 45001:2018
- OSHA 29 CFR 1910/1926
- NEBOSH / IOSH syllabi; NFPA codes where relevant
How it is delivered
- Public courses in Cairo, in-company programs and live online training
- Practical exercises, case studies and examples from your sector
- Can also run as Train & Stay in Sharm El Sheikh, Hurghada or Cairo
Frequently asked questions
How long is Operational Risk Management & Insurance in the Petroleum Industry?
The program runs 5 days. In-company versions can be adapted to your needs.
Is the course taught in Arabic or English?
Sessions are usually delivered in Arabic with English technical terms and materials. Full English delivery is available for in-company groups.
Can you run it inside our company?
Yes. In-company programs use exercises built on your own processes. Tell us the group size and preferred timing and we will send a proposal.
Will I receive a certificate?
Participants who complete the program and its assessment receive a certificate from The Excellence Center, which can be verified online.
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Get dates, fees and the full outline.
Tell us whether you are joining as an individual or planning a program for your team.