An Interactive 5-Day Training Course
Managing Political Risk in the Oil & Gas Sector
Monitoring, Assessing and Acting on Political Issues
Course Overview
The oil and gas sector is exposed to a wide spectrum of political risks throughout the business cycle, and strategic management of these risks is essential to project success and value realization. According to a 2014 McKinsey study, up to 70% of earnings can be jeopardized by political risk, underscoring the importance of proactive and informed risk management. The Managing Political Risk in the Oil & Gas Sector training course offers participants a comprehensive understanding of how to assess and manage these risks effectively. It equips professionals with tools to identify and analyse political threats, understand their implications, and implement strategies that foster win-win outcomes. This training course also emphasizes collaboration across functions and the use of scenario planning to anticipate and mitigate potential disruptions.
By the end of this training course, participants will gain deep insights into recent trends in political risk, learn to develop tailored strategies that support business objectives, and acquire a wide range of tools and tactics to manage risks in diverse situations. The training course enhances organizational capabilities by improving stakeholder mapping, strategy design, and implementation of effective political risk management practices. On a personal level, attendees will expand their knowledge of global political dynamics, refine their analytical skills, and strengthen their ability to collaborate across departments to address political challenges constructively.
This Managing Political Risk in the Oil & Gas Sector training course will highlight:
- Sources of Political Risk
- The role of different political actors
- Assessment strategies and tools
- Approaches to political risk management
- Successful Political Risk management strategies and tactics
Training Outline
- What is political risk? Introduction and definitions
- Political risk and ethics
- Political risk: threats and opportunities
- Sources of Political Risk
- Sources of information and analysis
- Assessment strategies and tools
- Red flags and showstoppers
- Capturing and communicating political risk
- Political risk management strategies
- Building political capital
- Proactive management of political risk
- What is a scenario?
- Setting out the scenarios
- Using scenarios
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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