February 11, 2013 | Abu Dhabi, UAE: MetricStream, the market leader in enterprise-wide Governance, Risk, and Compliance (GRC) solutions, will be hosting a roundtable for oil and gas organizations in the United Arab Emirates on the 12th of February, 2012 at the Le Royal Meridien, Abu Dhabi. The conference agenda features group discussions on some of the most important GRC issues faced in the Middle East region. Each session at the GRC roundtable will be anchored by a market leader and moderated by MetricStream. The event will remain exclusive to heads and senior executives from the Energy sector in UAE.

Given the volatile nature of the environment, global regulatory bodies like EPA (Environmental Protection Agency) and local bodies like ANECE (Arab Region Network for Environmental Compliance and Enforcement), help in implementing Health, Safety and Environment (HSE) standards for safeguarding organizations against rampant health and safety risks.

With fast paced technological advancements, IT departments are required to protect sensitive customer data in times of cyber-attacks, as well as to ensure business continuity during natural calamities or man-made accidents.

To adhere to strict government regulations and manage risk, organizations need to undertake an effective internal audit program that addresses the scope of complex business processes across the company.

Last but not least, effective Enterprise Risk Management (ERM) processes allow compliance with country-specific regulations and regulate GRC processes across business and regions.

The roundtable will address the important audit, risk and compliance challenges faced by oil and gas companies in the Middle East region. Industry experts will share and compare best practices on improving compliance programs to address the management of today’s risks for safeguarding oil and gas businesses and reputations. The roundtable discussion topics are:

  • Driving HSE compliance across the value chain - Reducing risk of litigation and avoiding loss of reputation by providing higher employee health and safety standards across the value chain.
  • Business Continuity as an extension of IT Risk Management - Protecting IT systems, reducing downtimes, ensuring continued business operations, and preventing loss of revenue from system failures during natural disasters and/or man-made accidents.
  • Revolutionizing the role of Internal Audit - Adhering to stringent government regulations and managing risk over numerous business functions by following a streamlined and integrated internal audit process.
  • Driving an ERM Culture in Oil & Gas sector - Fostering a culture of proactive risk management across employees and contractors and make risk assessments an integral part of management decision-making.

About MetricStream

MetricStream is the independent market leader in enterprise cloud applications for governance, risk, compliance (GRC), and quality management. MetricStream apps and software solutions improve business performance by strengthening risk management, corporate governance, regulatory compliance, audit management, vendor governance, and quality management for organizations across industries, including banking and financial services, health care, life sciences, energy and utilities, consumer brands, government, technology, and manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and GRC innovation center in Bengaluru, India, and sales and operations support in 12 other cities globally.(www.metricstream.com).

Press contact

[email protected]

Get a demo Download RFP Template Pricing Contact