Governance in the Oil and Gas Sector

Overview:

Introduction:

Governance in the oil and gas sector refers to structured regulatory and institutional systems that ensure accountability, compliance, and alignment with national energy objectives. It encompasses frameworks that define the roles of state and corporate entities in managing exploration, production, and revenue distribution. This workshop focuses on sector specific governance structures, legal frameworks, and oversight models that reinforce operational transparency and risk control. It presents systems for regulatory coordination, performance monitoring, and policy alignment.

Workshop Objectives:

By the end of this workshop, participants will be able to:

• Identify governance principles and institutional mandates within the oil and gas sector.

• Classify regulatory frameworks and compliance structures relevant to sectoral operations.

• Evaluate the interaction between public oversight and corporate accountability.

• Analyze risk control mechanisms and sector-specific audit models.

• Review transparency frameworks and stakeholder reporting structures.

Target Audience:

• Executives in oil and gas companies.

• Compliance and regulatory officers.

• Government energy policy specialists.

• Corporate governance professionals.

• Legal and risk advisors in the energy sector.

Workshop Outline:

Unit 1:

Governance Frameworks in Oil and Gas:

• Sector specific governance principles and institutional scope.

• Classification of state and corporate roles in hydrocarbon management.

• Integration process of governance within national energy strategies.

• Governance frameworks in upstream, midstream, and downstream segments.

• Strategic coordination principles between ministries, regulators, and operators.

Unit 2:

Regulatory Structures and Sectoral Compliance:

• Legal mandates governing exploration, production, and transportation.

• Institutional mechanisms for licensing, concessions, and contract enforcement.

• Environmental and fiscal compliance structures.

• Regulatory fragmentation and coordination challenges.

• Role of global standards in shaping national regulatory models.

Unit 3:

Oversight, Risk, and Reporting Models:

• Internal and external oversight mechanisms in the energy sector.

• Models of risk governance for operational and geopolitical exposures.

• Oversight on anti corruption provisions and institutional safeguards.

• ESG integration frameworkd and its role in governance accountability.

• Transparency frameworks and public disclosure standards.