Above Ground Risk Workshop: Identification, Evaluation & Mitigation

July 19 - 22, 2021
The Houstonian Hotel | Houston, Texas USA

Click here to download the workshop program.

So, what can go wrong? How many times have you heard this expression just before a major decision is made? There are an infinite variety of upstream oil and gas projects, each having its own unique set of risks. Companies work in rapidly changing political landscapes with rapidly changing technology which present even more challenges to fully appreciating the various risks. Yet, risk management is not standardized and must be customized to the individual corporate personality and its corresponding risk tolerance.

The ability to quantify and monetize risk is subjective, and thus many times underestimated for complex international projects, leading to initially catastrophic results. Identifying, evaluating, and managing risk for international projects is a critical step toward insuring predictable results.

AIPN’s Above Ground Risk Workshop will systematically drill down into each component of the omnipresent topic of “risk”. The discussion will then be customized as it relates to the international upstream end of the oil and gas business from cradle to grave, starting first with defining the broad scope of risks an explorer/developer/investor would need to consider before making the first financial/personnel commitment for a new country entry, all the way to a multi-billion dollar financial investment decision, and finally, the decision of whether or not to extend/renew/abandon a multi-decade host government contract. Additionally, the discussion will be expanded to the corporate level looking at techniques to address enterprise risks, along with techniques and tools to address risks at this level.

Sub-section exercises will allow attendees to practice the risk assessment and evaluation tools they have learned along the way. Attendees will then bring them all together to see how each fit in a comprehensive enterprise risk system that can be tailored to their company’s needs and risk profile. Attendees will be able to develop better mitigation plans and more accurately quantify risks, so that they will be more able to have predictable results and more successful projects.

Those who may be interested in attending AIPN’s Above Ground Risk Workshop include: oil and gas company commercial representatives, project managers, legal advisors, contract negotiators, business development executives and analysts, government regulators, and technical staff.

Don't miss your opportunity to participate in this very informative and highly interactive program!

Workshop Faculty
Tom Schmid, Attorney at Law; retired Commercial Consultant, Chevron
Eric Fry, International Oil & Gas Consultant, FI Investment 
RoseAnne Franco, Partner, ERM
Scott Randall, Managing Director, Plus Alpha Risk/GBMC, LLC
Fernando Rolla, Senior Advisor, Gaffney, Cline & Associates
David H. Sweeney, Partner, Akin Gump Strauss Hauer & Feld LLP

Continuing Education Credits
AIPN is an accredited sponsor approved by the State Bar of Texas Committee on MCLE. A maximum of 4.00 CLE credit hours, of which 0.00 credit hours will apply to legal ethics/professional responsibility credit will be awarded based on individual attendance.