Regulatory Compliance in the Oil and Gas Industry
Putting your best foot forward in an oil and gas facility is essential — this means maintaining industry compliance. With Altamira on your side, you can have confidence knowing an extra set of eyes is helping you follow regulatory compliance standards.
Our oil and gas experts understand the demands of the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corporation (NERC). We’ll verify you have the tools necessary to prepare for audits.
Putting your best foot forward in an oil and gas facility is essential — this means maintaining industry compliance. With Altamira on your side, you can have confidence knowing an extra set of eyes is helping you follow regulatory compliance standards.
Our oil and gas experts understand the demands of the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corporation (NERC). We’ll verify you have the tools necessary to prepare for audits.
Offering Numerous Oil and Gas Compliance Consulting Services
- Process safety management: Learn the latest methods for completing work tasks and following industry standards.
- Minimum safety prevention systems: Develop safety systems that help you safeguard your workers’ well-being.
- Safe work practices development: Define what it means to complete oil and gas jobs correctly.
- Control room management: Safely regulate oil and gas equipment to set an example for employees.
- Regulatory gap assessment and mitigation: See how close you are to meeting regulatory compliance standards and fix problems.
- Compliance program development: Design a compliance program you can implement in your workplace.
- Pipeline safety management: Ensure you follow safety protocols to install and keep new pipelines running.
- Engineering analysis: Determine whether your engineering plans to scale your business fall within compliance.
- Technical document development: Create and organize the necessary documents to prove regulatory compliance.
- Pipeline and facility audit support: Stay ready for routine oil and gas equipment audits.
- Compliance and regulatory training: Educate your staff on the nonnegotiable rules of the FERC and NERC.
For more details, download our brochure.
Due Diligence and Asset
Transaction Support
Altamira has a long history of supporting buyers, sellers, developers, and operators in mergers, acquisitions, divestitures, and internal asset valuations (read more)
Serving the Oil and Gas Industry’s Regulatory Compliance Needs
We extend our oil and gas compliance consulting services to widespread groups and organizations. Our professionals understand the unique challenges companies face when trying to stay within compliance standards.
Altamira experts go the extra mile to eliminate risks associated with your natural gas company. Keep facilities in order, secure your business data, and lessen the chances of getting fined.
Keeping You Compliant Through a Transparent Process
Altamira’s oil and gas experts partner with your firm and keep you involved throughout our entire consulting process. We’ll start by identifying gaps between your current processes and industry standards. Our professionals will suggest an action plan that involves developing a safety compliance program satisfying both the FERC and NERC.
Our consultants will then help you lay the foundation for training employees to achieve regulatory compliance behind oil and gas efforts. We also gather the documentation you need to impress governing bodies in the field.
Regulatory Compliance FAQs
Altamira’s most frequently asked questions about regulatory compliance in the oil and gas industry are below.
1. Is There a Difference Between Risk Assessments and Compliance Audits?
Yes — risk assessments identify and mitigate compliance risks in a facility that could otherwise result in fines. Compliance audits focus on how your business stands with current laws and policies. Risk assessments are preventative measures for audits.
2. What Is the Value of Risk Management in the Oil and Gas Industry?
Risk management practices allow you to protect your brand’s reputation and operate with a reduced chance of facility safety hazards. They also allow you to maintain customer confidence and sidestep disasters.
3. Who Should Complete Risk Assessment Procedures for My Oil and Gas Facility?
Risk assessments should be completed by trained personnel — in-house or external consultants. Altamira has significant experience working in the natural gas industry, and our consultants have the applicable certifications to perform risk assessments for you.
Reduce Risks with Altamira’s Oil and Gas Compliance Consulting Solutions
Your business deserves a partner who takes your compliance initiatives seriously. Contact Altamira’s oil and gas experts for assistance with your most complex regulatory and operational challenges in the oil and gas sector.
