NEWS & EVENTS
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Events Calendar

November 23, 2017

Membership/Marketing Committee Meeting
Closed Meeting
Event Starts: November 23, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

December 12, 2017

Joint Interest Research Committee Meeting
Closed Meeting
Event Starts: December 12, 2017
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club

December 13, 2017

Course: Vendor Audit
Vendor Audit 1/2 Day Course
Event Starts: December 13, 2017
Time: Registration & Breakfast @ 7:30am; Course 8:00 am to 12:00 noon
Location: Associations Plus (#600, 900 6th Ave SW)

Vendor Audit
Format: ½ day (4 hours)

In this course you will learn the following:

1. Overview of the vendor / compliance audit activity
2. Risks in third party relationships
3. Benefits of audit
    a. Costs savings
    b. Processes improvement
    c. Risks mitigation
    d. Relationships building
4. Audit process
    a. Identification criterion
    b. Planning considerations
    c. Execution approach
    e. Reporting and follow up
5. Key areas of focus
    a. Contract Types
    b. Contract risks and risk assessment
    c. Audit approach
6. Typical overcharges and their root cause
7. Wrap up and summary of lessons learnt

Instructors:
Salman Yasin
Salman Yasin has over 19 years of experience in the Operational, Financial, and Compliance audits of all business segments that include Upstream, Downstream and Capital Projects of Oil and Gas industry.

Currently Mr. Yasin is working for Canadian Natural Resources Ltd. as a Supervisor Vendor, Audit and responsible to identify, plan, execute, facilitate and manage vendor audits in all business areas of the company.  Previously, he worked for PriceWaterhouseCoopers, Ernst Young LLP, and Enbridge Gas Distribution Ltd. at different positions."

Shahid Qureshi
Shahid has 20 years of experience in financial reporting, business process optimization, risk management and Information Technology Governance. Shahid is a Chartered Professional Accountant (CPA), a Certified General Account (CGA), a fellow member of Association of Chartered Certified Accountants (ACCA) and a Certified Information Systems Auditor (CISA). He is also a cost and management accountant (CMA) and a member of Chartered Secretaries and Managers. He holds a Master’s degree in Economics. Shahid has extensive international experience and has worked in Canada, Asia, Middle East, Far East, Europe, United States of America, United Kingdom, Caribbean and Africa as part of the senior management team at KPMG.

Shahid is currently the Vice Chairman of CPA (Chartered Professional Accountants) Calgary Chapter. He is the Deputy Chairman for ACCA (Chartered Association of Certified Accountants) Canada Committee and a member of ACCA international Council. Shahid is also the President of ISACA (Information Systems Audit and Control Association) Calgary.

Fee:
$300 +GST Members
$350 +GST Non-members

Location: PASC Office 600, 900 6 Avenue SW, Calgary 
Includes a continental breakfast from 7:30 am - 8:00 am

December 14, 2017

Joint Venture Audit Committee Meeting
Closed Meeting
Event Starts: December 14, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

January 10, 2018

PASC Board of Directors Meeting
January 2017/18 Meeting
Event Starts: January 10, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

January 11, 2018

Joint Venture Audit Committee Meeting
Closed Meeting
Event Starts: January 11, 2018
Time: 11:30 a.m. - 1:30 p.m.
Location: Calgary Petroleum Club

January 16, 2018

PASC Material & Inventory Committee Meeting
Closed Meeting
Event Starts: January 16, 2018
Time: 11:30 a.m. - 1:30 p.m.
Location: Calgary Petroleum Club

January 16, 2018

Joint Interest Research Committee Meeting
Closed Meeting
Event Starts: January 16, 2018
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club

January 18, 2018

PASC Membership/Marketing Committee Meeting
Closed Meeting
Event Starts: January 18, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

January 18, 2018

PASC Education Committee
Closed Meeting
Event Starts: January 18, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

January 22, 2018

PASC Publications Committee
Closed Meeting
Event Starts: January 22, 2018
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club

February 8, 2018

Joint Venture Audit Committee Meeting
Closed Meeting
Event Starts: February 8, 2018
Time: 11:30 a.m. - 1:30 p.m.
Location: Calgary Petroleum Club

February 14, 2018

PASC Board of Directors Meeting
Closed Meeting
Event Starts: February 14, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

February 15, 2018

PASC/PJVA/GPAC Joint Luncheon - February 15, 2018
Event Starts: February 15, 2018
Time: 11:30 a.m. - 1:00 p.m.
Location: Calgary Petroleum Club 319 - 5 Avenue SW

Secure Online Registration

Petrochemical Development in Alberta - Developing New Demand for Propane

Sponsored by Integrity Audit - specializing in Joint Venture Audit, Management, and Joint Venture Accounting

 

Also sponsored by The BOE Report.com

 

Our first Joint (PASC, PJVA & GPAC) Luncheon of 2018  features a presentation about an exciting new Joint Venture between  Pembina Pipeline Corp. and Kuwait's Petrochemical International Corporation - A 50/50 joint venture agreement forming a new entity, Canada Kuwait Petrochemical Corporation.

CKPC is proceeding with activities for front end engineering design for a world-scale combined propane dehydrogenation and polypropylene upgrading facility which is an opportunity to develop new market demand for propane in Alberta. The project is a recipient of $300 million in royalty credits from the Alberta Government.

Speaker: Kevin Jagger, Market Development at Pembina Pipeline Corporation

 

Kevin is Manager of Market Development for Pembina Pipeline Corporation and has been focused on finding new markets for Pembina’s vast propane supplies originating out of its Redwater Fractionation & Storage complex in Sturgeon County, Alberta. Wearing two hats, he is also Commercial Manager of Canada Kuwait Petrochemical Corporation, Pembina’s joint venture with Kuwait’s Petrochemical Industries Company to develop a world-scale PDH and PP complex in Alberta. The project, a recipient of $300 million in royalty credits from the Alberta Government, is currently in the FEED stage and progressing towards an FID in early 2019. A former investment banker with Citi, Kevin has a Bachelor of Commerce from McGill University and in 2017 was named a Rising Star by Oilweek Magazine

Members: $45.00

Non Members: $55.00

Secure Online Registration

February 15, 2018

PASC Education Committee
Closed Meeting
Event Starts: February 15, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

February 20, 2018

Joint Interest Research Committee Meeting
Closed Meeting
Event Starts: February 20, 2018
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club

February 21, 2018

PASC Membership/Marketing Committee Meeting
Closed Meeting
Event Starts: February 21, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club