Factors influencing future oil and gas prospects in the Arctic

Harsem, Øistein; Eide, Arne; Heen, Knut

doi:10.1016/j.enpol.2011.09.058

Cited by 119 publications

(74 citation statements)

References 15 publications

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“…Diminished ice sheet cover restricts ice-based facilities and transportation [26], [27]. Ice cap melting can also increase icebergs, which may be hazardous to oil and gas operations in permafrost regions because increased iceberg movement could disrupt drilling and damage rigs and vessels [28]. Changes in climate may increase the occurrence of polar storms in the future, further interrupting drilling and production [28].…”

Section: Increasing Temperaturesmentioning

confidence: 99%

Contemporary Issues of Climate Change on Oil and Gas Industry Operations

Oyerinde

2018

Int. Ann. Sci.

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A B S T R A C TThe reality of climate change as an aspect of broader global and environmental change attributable to either natural or anthropogenic cause is becoming more evident. Equally, energy, chiefly oil and gas is not only a major climate change inducer via greenhouse gas emissions anymore, but also a victim of the impacts therein. As such, this paper examines the impact of recorded changes in climatic variables on oil and gas operations categorized into upstream, midstream and downstream operations representing exploration and production, transportation, along with processing and distribution respectively. Identified changes in weather events primarily driven by general climate change having significant impact on oil and gas operations and infrastructure include increasing temperature, increasing flooding, storm surges, sea level rise, coastal erosion, intense winds and waves, drought/water shortage and subsidence/landslides/mudslides and they all pose tremendous risk to onshore and offshore (shallow and deep water) operations and installations. Several adaptation measures are currently being implemented some of which are already yielding positive results. Adaptation measures are being complemented with mitigation strategies as long-term solutions. Sadly, most developing oil producing countries are still way behind in adopting various existing adaptation measures and implementing mitigative strategies due to prevalent low capacity.

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Section: Increasing Temperaturesmentioning

confidence: 99%

Contemporary Issues of Climate Change on Oil and Gas Industry Operations

Oyerinde

2018

Int. Ann. Sci.

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“…Public policy based on the creation of consortia for the development of the offshore fields [5,6,7,8,9,10], has successfully established itself in the countries near the Arctic, particularly in Norway.…”

Section: The Creation Of Consortia For the Development Of The Offshormentioning

confidence: 99%

Arctic shelf development as a driver of the progress of the Russian energy system

Balashova

Gromova

2017

MATEC Web Conf.

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Abstract. Today many countries are concerned about the Arctic, including ones which are rather distant from it. High prospectively of the region in the context of undiscovered oil and gas resources is the explanation of this interest. Russia possessing the most significant part of these reserves has a fairly low rate of exploration of the Arctic shelf. Arctic hydrocarbon resources play the important strategic role in the development of the fuel-energy complex of Russia, ensuring its energy security. Therefore, the aim of this study is to identify effective model of development of the offshore fields in the Arctic zone of the Russian Federation. The model of the creation of consortia for the development of the offshore fields is analyzed and it is considered in the context of the Russian Arctic. The conclusion about the efficiency of the application of this model is done.

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“…Frequently, a retrospective analysis shows that early signs arising from safety indicators could avoid major 1 Agência Nacional de Petróleo, gás natural e biocombustíveis (ANP) 2 More information in SEPEDA, Adrian L.; Understanding Process Safety Management, CEP Magazine, Aug. 2010, AIChE, 2010. accidents if detected and managed timely [13]. Thus, safety performance indicators or just "safety indicators" are measures that seek to give information if a system is operating within chosen safety bounds to ensure that major accident risks are under control.…”

Section: Performance Indicators Used In Risk Managementmentioning

confidence: 99%

Identification of Global Indicators for Regulatory Risk Management in Production Platforms - Case Study of Brazilian Industry

Almeida¹,

Figueiredo²

2014

JRACR

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This study aims to analyze different indicator's programs from regulators and other organizations, select and apply methods to normalize and compose global indicator. Using obtained information related to risk management system and incidents from 67 oil and gas production platforms in Brazil, the results show a new method to follow offshore performance and its companies, in lagging and leading focuses, showing a tool to improve Regulator's overview.

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Factors influencing future oil and gas prospects in the Arctic

Cited by 119 publications

References 15 publications

Contemporary Issues of Climate Change on Oil and Gas Industry Operations

Contemporary Issues of Climate Change on Oil and Gas Industry Operations

Arctic shelf development as a driver of the progress of the Russian energy system

Identification of Global Indicators for Regulatory Risk Management in Production Platforms - Case Study of Brazilian Industry

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