Case Study: Leading Oil and Gas Company achieves GRC convergence for global expansion with MetricStream

Leading Oil and Gas Company Integrates Multiple Risk, Audit, and Compliance Processes to Drive Global Expansion

A multi-billion dollar North America–headquartered oil and gas exploration and production company with significant operations in Latin America faced escalating regulatory complexity and operational risks as it expanded. Despite a mature governance framework, the firm struggled with isolated GRC initiatives, manual spreadsheets and documents, limited transparency, and systems that could not scale to support enterprise‑wide risk, audit, and compliance needs across jurisdictions.

The company implemented MetricStream’s integrated, scalable GRC platform—covering Compliance, Risk, Internal Audit, Policy, Reporting and Issue Management—to create a federated, single source of truth. By centralizing controls and policies (in English and Spanish), automating workflows, enabling RCSAs, and providing dashboards and alerts, the solution eliminated redundancies, sped up GRC processes, improved cross‑border collaboration and real‑time visibility, and strengthened consistent compliance and overall corporate governance.