Oil & Gas Supply Chain: Compliance Considerations for International Energy Companies
October 29-30, 2018 | Houston, TX
Energy companies conducting business overseas continue to face increasing scrutiny from U.S. and foreign regulators. Compliance risk areas such as corruption in dealing with foreign government officials, the export licensing of oilfield services equipment, sanctions, and money laundering are all high stakes given the possibility of criminal and civil penalties. Energy companies in the international space must also deal with more recent developments in the areas of data privacy, anti-slavery, and corporate social responsibility initiatives.
How should companies manage these increasing risks in the face of cost pressures? This course will provide attendees with the basic tools necessary to design and implement a risk-based compliance program, whether using existing in-house resources or external assistance. The course will provide attendees, whether or not they have prior legal experience, with a basic understanding of the laws and regulations that currently govern international companies. The course will also address the steps and practicalities of conducting internal investigations and how to effectively handle contacts with government regulators.
- Discuss reasons for establishing an internal compliance program
- Identify elements of an effective compliance program
- Asess how to “right-size” the compliance program in light of budget constraints versus real risks
- Review the benefits of in-house versus outsourced compliance assistance
- Review U.S. anti-corruption, anti-money laundering, export controls and other legal risk areas
- Discuss managing third party risks (vendors, agents) in a cost effective manner
- Review external and internal obstacles to maintaining effective compliance
- Discuss how to conduct internal investigations
EUCI has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET). In obtaining this accreditation, EUCI has demonstrated that it complies with the ANSI/IACET Standard which is recognized internationally as a standard of good practice. As a result of their Authorized Provider status, EUCI is authorized to offer IACET CEUs for its programs that qualify under the ANSI/IACET Standard.
EUCI is authorized by IACET to offer 1.0 CEUs for this event.
Requirements for Successful Completion of Program
Participants must sign in/out each day andbe in attendance for the entirety of the course to be eligible for continuing education credit.
PowerPoints, case studies
Monday, October 29, 2018
8:00 – 8:30 a.m. :: Registration and Continental Breakfast
8:30 – 10:00 a.m. :: Overview of Compliance Program Design
- Why have a compliance program?
- Is the cost worth it?
- Basic elements of an effective program
- Written policies and procedures
- Designated compliance officer and compliance committee
- Effective training and education
- Effective lines of communication
- Internal monitoring and auditing
- Enforcement of standards through well-publicized disciplinary guidelines
- Prompt response to detected problems through corrective actions
10:00 – 10:30 a.m. :: Networking Break
10:30 a.m. – 12:45 p.m. :: Anti-Bribery and Corruption Compliance
- Case studies
- Dangers of use of third party agents/intermediaries
- Reducing the risks
- Knowing your partners
- Written certifications and legal protections
- Discovering you have a problem: What to do next?
12:45 – 1:45 p.m. :: Group Luncheon
1:45 – 3:00 p.m. :: Export Compliance and International Sanctions
- Licensing regimes for the export of oilfield equipment
- S. and E.U. sanctions programs
- Specially Designated Nationals and Blocked Persons
- S. Anti-Boycott rules
3:00 – 3:30 p.m. :: Networking Break
3:30 – 5:00 p.m. :: Additional Compliance Considerations in the Supply Chain
- Anti-human trafficking and slavery
- Conflict minerals
- Data Privacy – European General Data Privacy Regulation (GDPR)
- Overview of corporate social responsibility (CSR) initiatives
5:00 p.m. :: End of Day One
Tuesday, October 30, 2018
8:00 – 8:30 a.m. :: Continental Breakfast
8:30 – 10:00 a.m. :: Review of First Day and Tools for Assessing Third Parties
- Vendor and customer screening techniques
- Whether to outsource or handle in-house
10:00 – 10:15 a.m. :: Morning Break
10:15 – 11:45 a.m. :: What to Do When the Government Comes Knocking
- Overview of federal criminal law enforcement process
- Responding to requests for interviews and subpoenas
- How and when to conduct internal investigations
11:45 – 12:30 p.m. :: Q&A and Learning Outcome Review
12:30 p.m. :: Course Concludes
Kathy Canaan, Global Director Trade Compliance, Fluor Corporation
Kathy Canaan, a Fluor Fellow, serves Fluor as Global Director Trade Compliance responsible for planning, directing and managing the company’s international trade compliance program. In prior roles at Fluor, Canaan had responsibility for global functional leadership of Fluor’s logistics personnel as well as project logistics leadership and strategic sourcing roles. Before joining Fluor in 2001, Canaan was a project logistics manager in Houston, Texas.
Fluor is one of the world’s largest publicly traded engineering, procurement, construction (EPC), maintenance, and project management companies. Fluor works with governments and Clients in diverse industries around the world to design, construct, and maintain complex and challenging capital projects.
Hyatt Regency Houston
1200 Louisiana St
Houston, TX 77002
Reserve your room:
please call 1-713-654-1234
Room Block Reserved For:
Nights of October 28 – 29, 2018
Room rate through EUCI:
$193.00 single or double plus applicable taxes
Make your reservations prior to September 28, 2018.