The Future of Russian Arctic Oil and Gas Projects: Problems of Assessing the Prospects
The development of Arctic marine resources is currently the focus of the world’s largest oil and gas companies, which is due to the presence of significant hydrocarbon reserves. However, the decision-making process for implementing offshore oil and gas projects in the Arctic is highly uncertain and...
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2021
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Online Access: | https://doi.org/10.3390/jmse9050528 https://doaj.org/article/03fb498cb82e48afb73e569ed9e69b31 |
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ftdoajarticles:oai:doaj.org/article:03fb498cb82e48afb73e569ed9e69b31 2023-05-15T14:33:51+02:00 The Future of Russian Arctic Oil and Gas Projects: Problems of Assessing the Prospects Amina Chanysheva Alina Ilinova 2021-05-01T00:00:00Z https://doi.org/10.3390/jmse9050528 https://doaj.org/article/03fb498cb82e48afb73e569ed9e69b31 EN eng MDPI AG https://www.mdpi.com/2077-1312/9/5/528 https://doaj.org/toc/2077-1312 doi:10.3390/jmse9050528 2077-1312 https://doaj.org/article/03fb498cb82e48afb73e569ed9e69b31 Journal of Marine Science and Engineering, Vol 9, Iss 528, p 528 (2021) Russian Arctic marine resources forecasting expert methods oil and gas offshore projects Naval architecture. Shipbuilding. Marine engineering VM1-989 Oceanography GC1-1581 article 2021 ftdoajarticles https://doi.org/10.3390/jmse9050528 2022-12-31T06:13:06Z The development of Arctic marine resources is currently the focus of the world’s largest oil and gas companies, which is due to the presence of significant hydrocarbon reserves. However, the decision-making process for implementing offshore oil and gas projects in the Arctic is highly uncertain and requires consideration of many factors. This study presents a comprehensive approach to evaluating the prospects of oil production on the Russian Arctic shelf. It is based on a specific methodology which involves expert forecasting methods. We analyze the current conditions and key factors and indicators, focusing on oil prices and quality of technologies that could influence the decision-making in the oil and gas company concerning Arctic offshore fields’ development. We use general scientific methods—analysis, synthesis, classification and systematization—and propose a method for assessing the prospects of Arctic projects which is based on a three-step algorithm. Together with practical tools presented in the article, it will support decision-making on the project initiation and the development of a particular field. Article in Journal/Newspaper Arctic Directory of Open Access Journals: DOAJ Articles Arctic Journal of Marine Science and Engineering 9 5 528 |
institution |
Open Polar |
collection |
Directory of Open Access Journals: DOAJ Articles |
op_collection_id |
ftdoajarticles |
language |
English |
topic |
Russian Arctic marine resources forecasting expert methods oil and gas offshore projects Naval architecture. Shipbuilding. Marine engineering VM1-989 Oceanography GC1-1581 |
spellingShingle |
Russian Arctic marine resources forecasting expert methods oil and gas offshore projects Naval architecture. Shipbuilding. Marine engineering VM1-989 Oceanography GC1-1581 Amina Chanysheva Alina Ilinova The Future of Russian Arctic Oil and Gas Projects: Problems of Assessing the Prospects |
topic_facet |
Russian Arctic marine resources forecasting expert methods oil and gas offshore projects Naval architecture. Shipbuilding. Marine engineering VM1-989 Oceanography GC1-1581 |
description |
The development of Arctic marine resources is currently the focus of the world’s largest oil and gas companies, which is due to the presence of significant hydrocarbon reserves. However, the decision-making process for implementing offshore oil and gas projects in the Arctic is highly uncertain and requires consideration of many factors. This study presents a comprehensive approach to evaluating the prospects of oil production on the Russian Arctic shelf. It is based on a specific methodology which involves expert forecasting methods. We analyze the current conditions and key factors and indicators, focusing on oil prices and quality of technologies that could influence the decision-making in the oil and gas company concerning Arctic offshore fields’ development. We use general scientific methods—analysis, synthesis, classification and systematization—and propose a method for assessing the prospects of Arctic projects which is based on a three-step algorithm. Together with practical tools presented in the article, it will support decision-making on the project initiation and the development of a particular field. |
format |
Article in Journal/Newspaper |
author |
Amina Chanysheva Alina Ilinova |
author_facet |
Amina Chanysheva Alina Ilinova |
author_sort |
Amina Chanysheva |
title |
The Future of Russian Arctic Oil and Gas Projects: Problems of Assessing the Prospects |
title_short |
The Future of Russian Arctic Oil and Gas Projects: Problems of Assessing the Prospects |
title_full |
The Future of Russian Arctic Oil and Gas Projects: Problems of Assessing the Prospects |
title_fullStr |
The Future of Russian Arctic Oil and Gas Projects: Problems of Assessing the Prospects |
title_full_unstemmed |
The Future of Russian Arctic Oil and Gas Projects: Problems of Assessing the Prospects |
title_sort |
future of russian arctic oil and gas projects: problems of assessing the prospects |
publisher |
MDPI AG |
publishDate |
2021 |
url |
https://doi.org/10.3390/jmse9050528 https://doaj.org/article/03fb498cb82e48afb73e569ed9e69b31 |
geographic |
Arctic |
geographic_facet |
Arctic |
genre |
Arctic |
genre_facet |
Arctic |
op_source |
Journal of Marine Science and Engineering, Vol 9, Iss 528, p 528 (2021) |
op_relation |
https://www.mdpi.com/2077-1312/9/5/528 https://doaj.org/toc/2077-1312 doi:10.3390/jmse9050528 2077-1312 https://doaj.org/article/03fb498cb82e48afb73e569ed9e69b31 |
op_doi |
https://doi.org/10.3390/jmse9050528 |
container_title |
Journal of Marine Science and Engineering |
container_volume |
9 |
container_issue |
5 |
container_start_page |
528 |
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1766307028785954816 |