Internal Audit in Oil and Gas Operations
Course Overview
- Understand the role and importance of internal auditing in oil and gas operations.
- Learn about the key risks and challenges in the oil and gas industry.
- Develop skills to conduct internal audits effectively within the sector.
- Gain insight into audit techniques and tools specific to oil and gas operations.
Training Format:In-class, Virtual, In-house
Location:Lagos, Accra, Nairobi, Kigali
Language:English, French
Nigeria Price:
₦360000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$5500
Rwanda Price:
$6000
Nigeria Price:₦360000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$4000
Rwanda Price:
$4000
Nigeria Price: ₦360000
Int'l., (Nigeria) Price:
$1000
Ghana Price: $4000
Kenya Price: $4000
Rwanda Price: $4000
Introduction to Internal Audit in Oil and Gas Operations
- Overview of internal auditing principles and standards.
- Importance of internal audits in managing risk and ensuring compliance.
- Key areas of focus in oil and gas operations: exploration, production, refining, and distribution.
- Regulatory frameworks and industry standards affecting audits in oil and gas.
Risk Management and Control in Oil and Gas Operations
- Identifying key risks in oil and gas operations (financial, operational, environmental, and safety).
- Assessing the risk environment in exploration, drilling, production, and transportation.
- Internal controls and mitigation strategies in oil and gas projects.
- Evaluating risk management frameworks and their integration into audit processes.
Audit Planning and Execution in Oil and Gas
- Developing an audit plan for oil and gas operations.
- Key steps in auditing oil and gas financial statements, operations, and compliance.
- Use of audit tools and techniques (sampling, substantive testing, and compliance checks).
- Case studies of common audit issues in the industry.
Reporting and Follow-Up on Audit Findings
- Structuring audit reports for oil and gas operations.
- Communicating audit findings to stakeholders (management, regulators, etc.).
- Recommendations for improving internal controls and risk management.
1ST BATCH: Monday, March 30, 2026 — Thursday, April 2, 2026.
2ND BATCH: Tuesday, July 21, 2026 — Friday, July 24, 2026.
3RD BATCH: Tuesday, November 24, 2026 — Friday, November 27, 2026.
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.
