ANALYSIS ON RISKS AND OPERATION RISKS HANDLING IN OIL AND GAS COMPANY

Nnadikwe Johnson; Ikputu Woyengikuro Hilary; Odiki Esther E.; Ibe Raymond Obinna; Engr Ewelike Asterius Dozie

ANALYSIS ON RISKS AND OPERATION RISKS HANDLING IN OIL AND GAS COMPANY

March 2022

Vol-8, Issue-3

Paper ID: 16220

ISSN: 2395-4396

Downloads: 0

Abstract & Details

Research Area

Gas Engineering

Keywords

Analysis Project Risk Management Operation Gas Company Risk Handling

Abstract

This study provides a review of the literature on risk management and project risk management in the oil and gas industry. For deeper comprehension, an overview of oil and gas operations, including upstream and downstream activities, has been forwarded and extended. This study uses literature on risks, definitions, and types of hazards to demonstrate the relevance of risk management. Project failures are frequently caused by poor risk management, which is why this article discusses project risk management. Typically, project risk management for the oil and gas business will focus on upstream activities, where bad decisions could result in losses of trillions, billions, or millions of dollars. As a result, the purpose of this research is to highlight potential areas for oil and gas practitioners and academics to investigate in order to improve their operations and remove losses caused by poor project risk management.

License

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Author Information

#	Name	Institute / Affiliation
1	Nnadikwe Johnson	Imo State University, Owerri, Nigeria
2	Ikputu Woyengikuro Hilary	Nigeria Maritime University, Okerenkoko, Delta State, Nigeria
3	Odiki Esther E.	Nigeria Maritime University, Okerenkoko, Delta State, Nigeria
4	Ibe Raymond Obinna	Imo State Polytechnic, Nigeria
5	Engr Ewelike Asterius Dozie	Imo State University, Owerri, Nigeria

How to Cite

Use the following formats to cite this article in your research.

APA Style

Johnson, Nnadikwe, Hilary, Ikputu Woyengikuro, E., Odiki Esther, Obinna, Ibe Raymond, & Dozie, Engr Ewelike Asterius (2022). ANALYSIS ON RISKS AND OPERATION RISKS HANDLING IN OIL AND GAS COMPANY. International Journal of Advance Research and Innovative Ideas In Education, 8(3), 217-227.

MLA Style

Johnson, Nnadikwe, et al. "ANALYSIS ON RISKS AND OPERATION RISKS HANDLING IN OIL AND GAS COMPANY." International Journal of Advance Research and Innovative Ideas In Education, vol. 8, no. 3, 2022, pp. 217-227.

IEEE Style

Nnadikwe Johnson, Ikputu Woyengikuro Hilary, Odiki Esther E., Ibe Raymond Obinna, and Engr Ewelike Asterius Dozie, "ANALYSIS ON RISKS AND OPERATION RISKS HANDLING IN OIL AND GAS COMPANY," International Journal of Advance Research and Innovative Ideas In Education, vol. 8, no. 3, pp. 217-227, 2022.

Vancouver Style

Johnson Nnadikwe, Hilary Ikputu Woyengikuro, E. Odiki Esther, Obinna Ibe Raymond, Dozie Engr Ewelike Asterius. ANALYSIS ON RISKS AND OPERATION RISKS HANDLING IN OIL AND GAS COMPANY. International Journal of Advance Research and Innovative Ideas In Education. 2022;8(3):217-227.

Harvard Style

Johnson, Nnadikwe, Hilary, Ikputu Woyengikuro, E., Odiki Esther, Obinna, Ibe Raymond, & Dozie, Engr Ewelike Asterius (2022) 'ANALYSIS ON RISKS AND OPERATION RISKS HANDLING IN OIL AND GAS COMPANY', International Journal of Advance Research and Innovative Ideas In Education, 8(3), pp. 217-227.

Chicago Style

Johnson, Nnadikwe, et al. "ANALYSIS ON RISKS AND OPERATION RISKS HANDLING IN OIL AND GAS COMPANY." International Journal of Advance Research and Innovative Ideas In Education 8, no. 3 (2022): 217-227.

Turabian Style

Johnson, Nnadikwe, et al. "ANALYSIS ON RISKS AND OPERATION RISKS HANDLING IN OIL AND GAS COMPANY." International Journal of Advance Research and Innovative Ideas In Education 8, no. 3 (2022): 217-227.