Company growth, increasing regulation, weak project management and lack of robust economic valuations have put risk management in the centre of the decision-making process in the energy industry. Risk management is not part of doing business anymore; now it needs to be integrated into the day-to-day operations.

While traditional risk management approaches still work on separated silos, emerging risks (i.e. operational, financial, economic and non-financial) are forcing companies to adopt a more comprehensive and integrated enterprise risk management framework.

Feasibility studies, FEED, Engineering, Procurement, Construction, Management, Commissioning, Operation & Maintenance, Decommissioning, R&D, CAPEX, Investments, among other project management processes, require robust risk analysis and scrutiny. Risk management allows chemical engineers, as well as other professionals and decision makers, to identify and quantify risk events and overall uncertainties to manage them proactively, optimising project and investment success by minimising threats and maximising opportunities.

This seminar/workshop helps and clarifies how professional in the energy sector can perform project economic valuations and project risk management, and integrate them into an enterprise risk management framework, or vice versa, to improve the decision-making process and company performance.

Speakers

Dr. Elvis Hernandez-Perdomo, Managing Director, OSL Risk Management
Alastair Robertson, founding partner of OSL Consulting

Benefits to attendees

1. Practical and interactive workshop/seminar with experts in project risk management for energy companies.
2. Real case studies to demonstrate some project management and investment challenges associated with risk management.
3. Access to the support material describing the methodologies to implement risk management in engineering projects.
4. Real Option Valuations Inc. through OSL Risk Management will provided the patented ROV-PM, ROV PEAT, and ROV-ERM technologies only to the seminar attendees. Thus, they can implement dynamic project management risks, project economic analysis, and enterprise risk management (3 months free access at no additional costs). Normally valued at £12,000 per user.