An Interactive 5-Day Training Course
Fraud Detection, Tracing and Forensic Examination in the Oil and Gas Industry
Helping you Identify and Reduce Fraud in the Workplace
Course Overview
Uncover the hidden world of financial deception in the oil and gas industry with our intensive training course on Fraud Detection, Tracing and Forensic Examination. This training course dives deep into sophisticated techniques used by fraudsters and learn cutting-edge methods to expose and prevent these schemes.
Equip yourself with the skills to protect billions in assets and maintain industry integrity. From pipeline theft to complex accounting fraud, you'll gain practical knowledge and hands-on experience in identifying red flags, conducting investigations, and presenting evidence. Join us to become a formidable defender against fraud in this high-stakes sector.
This GLOMACS training course will highlight the following;
- Master advanced fraud detection techniques specific to oil and gas operations
- Learn to trace illicit financial flows and uncover hidden assets
- Develop forensic examination skills for digital and physical evidence
- Understand legal and regulatory frameworks in the industry
- Gain practical experience through real-world case studies and simulations
Training Outline
DAY 1: Financial Crimes
- Money Laundering Laws
- Preventing Fraud
- Market Abuse and Insider Dealing
- The Risk-based Approach to Money Laundering / Terrorist Financing
- Identifying High-risk Indicators - Understand what to do with the information and whom to escalate it to
- Suspicious Activity Reports (SARs)
- Sanctions
DAY 2: Fraud Investigation
- Managing the Investigation
- Interviewing Suspects
- Interviewing Witnesses
- Evidence gathering
- Communicating the Results
DAY 3: An Introduction and Current Trends in Corruption and Bribery
- Principal types of Corruption and Bribery within Oil and Gas Industry
- Asset Misappropriation
- Understanding human behaviour and decision to steal
- Worldwide Trends in Corruption and Bribery
- Corruption Statistics
DAY 4: The Foundations of Operational Risk Management within Oil and Gas Industry
- What is Risk and Operational Risk Management?
- The Benefits of Operational Risk Management
- The Operational Risk Management Framework
- The 6-step Operational Risk Management Cycle
- Enterprise Risk Management
- Risk Identification Process
- Risk Management Principles and Standards
- Risk Assessment
DAY 5: Governance, Risk Management and Compliance
- Concepts of the Model of 'Governance', 'Risk' and 'Compliance' (GRC) in the gas and Oil sector
- Principles of Governance, Risk and Compliance
- Governance, Risk Management and Compliance Roles and Responsibilities
- Governance, Risk Management and Compliance Integrated Approaches and their Key Enablers
- Role and Responsibilities of Board and Committees
- Selective Best Practices
- Building an Effective Model of Governance, Risk and Compliance for the Oil and Gas industry
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
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA 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.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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