Oil companies generate huge volumes of financial data every day — from extraction costs to storage records — and an accounting information system that cannot keep that data accurate, secure, and auditable becomes a liability rather than a tool. This training course from the Arab British Fellowship Training Academy focuses on exactly that intersection: how accounting and information systems work together inside petroleum companies.

Accounting itself dates back to record-keeping practices in ancient Pharaonic, Greek, and Roman societies, and it remains, at its core, the language businesses use to measure, record, and disclose financial activity through statements prepared for specific periods. In the oil sector specifically, a well-run information system is inseparable from sound accounting practice, and this course walks participants through the accounting dimensions of each stage of the industry — from exploration and development through to production.

Who Should Attend?

• Petroleum engineers.
• Staff working in petroleum facilities security and environmental control.
• Work quality control staff in oil facilities.
• Directors, owners, and heads of management and accounting departments.
• All staff working in information departments.

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

• Build solid experience in managing oil companies.
• Manage information systems and maintain their confidentiality.
• Apply record-keeping and auditing practices within oil companies.
• Understand the methods used to protect the environment from oil leaks, including personal protective practices.
• Identify the sources of oil leaks and their effects, along with the obstacles limiting environmental security measures.

Module 1: Accounting and Information Systems in Oil Companies

• The history and importance of accounting.
• Information systems and how to maintain their confidentiality.
• Methods used in managing oil companies.

Module 2: Record-Keeping and Auditing Practices

• Record-keeping standards applied in oil companies.
• Auditing practices specific to petroleum institutions.

Module 3: Environmental Security and Oil Contamination

• The concept of environmental security in the oil sector.
• Causes of oil contamination and the sources of oil leaks.
• The foundations and conditions for protection methods to succeed.
• Reviewing case examples of real accidents.

Module 4: Health, Safety, and Risk Assessment Systems

• Establishing and developing the occupational health and safety management system.
• Setting up joint arrangements for occupational health and safety management.
• Creating and developing risk identification, assessment, and control procedures.
• Evaluating information sources about the work environment to identify hazardous tasks and conditions.
• Analyzing the work environment and applying risk assessment methods and categories.
• Precautions needed to avoid risk, and the relationship between risk and institutional policies and procedures.
• Field work involved in carrying out a risk assessment.