A heightened risk for fraud among oil and gas companies stands as backdrop for leading energy event
With the worldwide oil and gas industry in the midst of a transformative period, risks from fraud and unethical business practices are at a heightened state. To help combat this threat, CRI Group brings its expertise to the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2016).
Now in its 19th year, ADIPEC 2016 will take place 7-10 November at the Abu Dhabi National Exhibition Centre (ADNEC). As an exhibitor at ADIPEC (Hall No. 5, Booth No. 5170), CRI Group will convey its due diligence capabilities and share fraud prevention best practices among more than 95,000 oil and gas professionals from over 120 companies.
CRI Group’s professional services include background investigations, employee integrity due diligence and pre-employment screening, third-party risk management, financial investigations, forensic accounting and other critical services. In the energy sector, CRI Group helps oil and gas companies prevent and detect threats to their business and investments.
Held under the patronage of the President of the United Arab Emirates, His Highness Sheikh Khalifa Bin Zayed Al Nahyan, and organised by the Global Energy division of dmg events, ADIPEC is the global meeting point for oil and gas professionals. As the largest energy event in the Middle East and North Africa, ADIPEC is a knowledge-sharing platform that enables industry experts to exchange ideas and information that shape the future of the energy sector.
In today’s low oil price environment, oil and gas companies are looking for ways to cut overhead expenditures while protecting their bottom line. Zafar Anjum, Group Chief Executive Officer for CRI Group, said this creates a scenario that can be complex and hazardous for any company that’s not protected from economic crimes by reliable corporate security consultants.
“For CRI Group, decreasing risk is what matters for our clients, and thus we will be on hand at ADIPEC 2016 to communicate the importance of this for oil and gas companies’ growth and sustainability,” Anjum said. “For our first appearance at ADIPEC, we look forward to meeting with as many attendees as possible to discuss the resources and expertise available for preventing and detecting fraud.”