Extreme Weather Events as Risk Factors for Oil and Gas Facilities

2022 ◽  
Vol 18 (6) ◽  
pp. 24-39
Author(s):  
P. N. Mikheev

The article discusses issues related to the influence of changes in the frequency, intensity and duration of extreme meteorological events on the objects of the oil and gas industry. Climate indices recommended by World Meteorological Organization (WMO) are used as characteristics of the extreme events. The possibilities of using climatic indices for identifying physical risks applicable to the objects of the oil and gas industry are demonstrated. The features of the spatiotemporal variability of climatic indices are considered and the geographical regions of the Commonwealth of Independent States (CIS) are identified as the most and least vulnerable to changes in the extreme characteristics of the climate. The results obtained can be used both at the level of individual enterprises and facilities of the oil and gas industry, and in the development of regulations common for the industry.

2020 ◽  
Vol 60 (2) ◽  
pp. 476
Author(s):  
D. L. McLean ◽  
T. Bond ◽  
J. C. Partridge ◽  
S. Rouse ◽  
M. Love

The offshore hydrocarbon basins of the world and their neighbouring countries are faced with an immense decommissioning challenge. Uncertainties in regulation and costs, coupled with limited environmental data, stifle consideration and support for alternative options to full removal. In separate regions, scientists and industry are forming partnerships and commencing research that advances understanding of regional and ecosystem-scale processes, including the habitat value of oil and gas infrastructure. With similar decommissioning-related marine research priorities being identified globally, a more coordinated approach to such research is needed: a global decommissioning marine research network and taskforce. This taskforce would not only be highly cost-effective, but it would also enable consistent approaches to science and management of the marine environment and secure protection and conservation of global marine resources. This network and taskforce would bring together leading scientists and experts in the oil and gas industry to develop an international research program that will significantly advance our understanding of the consequences to ecosystems as a result of decommissioning, as well as identify the differences and commonalities in environment–infrastructure interactions across different geographical regions. The outcomes would support sustainable installation and decommissioning practices worldwide and ensure that policies adhere to international agreements on environmental protection.


2019 ◽  
Vol 59 (2) ◽  
pp. 586
Author(s):  
L. C. Gallacher ◽  
D. Champion

Blockchain technology is a distributed ledger of data, vetted before acceptance, encrypted and shared among parties (depending on the configuration) authorised to view it. Due to the potential cost savings, revenue generation, efficiency gains and security; governments, organisations, companies and consortia across many industries are developing proofs of concept with two in oil and gas reportedly now in production. The value chain in the oil and gas industry is characterised by many remote working locations across different geographical regions; involving multiple stakeholders and regulators each with differing criteria to be met. Many opportunities for improvement across the oil and gas value chain have been identified and some are beginning to be addressed by proofs of concept and live blockchain platforms. However, these are being developed via discrete consortia and not as part of a cohesive industry strategy. Standards to promote understanding and adoption are being developed at the global, national and industry level, but this is an area currently lacking in the oil and gas industry. This paper highlights activity in other industries and suggests that the recently formed OOC Blockchain Consortia of Oil and Gas industry participants, if extended to statutory organisations, regulators, standards organisations and academia could be the forum required to accelerate understanding and adoption within the industry to release the currently untapped value.


2020 ◽  
Vol 78 (7) ◽  
pp. 861-868
Author(s):  
Casper Wassink ◽  
Marc Grenier ◽  
Oliver Roy ◽  
Neil Pearson

2004 ◽  
pp. 51-69 ◽  
Author(s):  
E. Sharipova ◽  
I. Tcherkashin

Federal tax revenues from the main sectors of the Russian economy after the 1998 crisis are examined in the article. Authors present the structure of revenues from these sectors by main taxes for 1999-2003 and prospects for 2004. Emphasis is given to an increasing dependence of budget on revenues from oil and gas industries. The share of proceeds from these sectors has reached 1/3 of total federal revenues. To explain this fact world oil prices dynamics and changes in tax legislation in Russia are considered. Empirical results show strong dependence of budget revenues on oil prices. The analysis of changes in tax legislation in oil and gas industry shows that the government has managed to redistribute resource rent in favor of the state.


2011 ◽  
pp. 19-33
Author(s):  
A. Oleinik

The article deals with the issues of political and economic power as well as their constellation on the market. The theory of public choice and the theory of public contract are confronted with an approach centered on the power triad. If structured in the power triad, interactions among states representatives, businesses with structural advantages and businesses without structural advantages allow capturing administrative rents. The political power of the ruling elites coexists with economic power of certain members of the business community. The situation in the oil and gas industry, the retail trade and the road construction and operation industry in Russia illustrates key moments in the proposed analysis.


2019 ◽  
Vol 16 (6) ◽  
pp. 50-59
Author(s):  
O. P. Trubitsina ◽  
V. N. Bashkin

The article is devoted to the consideration of geopolitical challenges for the analysis of geoenvironmental risks (GERs) in the hydrocarbon development of the Arctic territory. Geopolitical risks (GPRs), like GERs, can be transformed into opposite external environment factors of oil and gas industry facilities in the form of additional opportunities or threats, which the authors identify in detail for each type of risk. This is necessary for further development of methodological base of expert methods for GER management in the context of the implementational proposed two-stage model of the GER analysis taking to account GPR for the improvement of effectiveness making decisions to ensure optimal operation of the facility oil and gas industry and minimize the impact on the environment in the geopolitical conditions of the Arctic.The authors declare no conflict of interest


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