Venezuelan oil major PDVSA has signed a contract with DNV Consulting in Houston to provide Enterprise Risk Management training.
The contract covers Enterprise Risk Management training for 25 PDVSA business managers for a five months period beginning I September this year.
“We are honoured to be selected as the provider of this strategic training covering the entire spectrum of enterprise risk management topics,” says principal consultant Scott Randall. “Last year PDVSA executive management set out its vision for establishing a new risk management culture across the entire company. Corporate wide training in state of the art risk management tools, techniques and methodologies is key to realizing this vision.”
The training programme will cover nearly every aspect of modern risk management, from
qualitative and quantitative risk assessments, failure modes and effects analysis, financial risk management, project risk management and political risk assessments.
Along the way, the 25 attendees will study, learn and be tested on many state-of the-art tools, techniques and methodologies used by risk management practitioners in the energy and financial services industries.
“We are delighted to be presented with this opportunity to work with the management team of one of the world’s largest energy companies and important OPEC member,” says Iain Light, COO of DNV Consulting. “This customised training will equip both PDVSA and DNV with a shared understanding of the PDVSA risk picture. This should provide a great opening for DNV to identify opportunities to provide a wide range of services to PDVSA.”