Journal
JOURNAL OF MARINE SCIENCE AND ENGINEERING
Volume 10, Issue 1, Pages -Publisher
MDPI
DOI: 10.3390/jmse10010023
Keywords
strategic sustainability; oil and gas offshore projects; Arctic; energy markets
Categories
Ask authors/readers for more resources
This paper provides a comprehensive literature review on sustainability issues in the Arctic offshore oil and gas sector, analyzes the trends and conditions for transforming the traditional sustainability concept, and proposes a definition and conceptual framework for strategic sustainability of oil and gas offshore projects in the Arctic.
Exploitation of oil and gas resources in the Arctic offshore is one of Russia's key priorities in such areas as science, economy, and technology. Global trends, harsh climate conditions, fragile ecosystems, conditions of the pandemic and post-pandemic periods, price volatility, and the growing importance of the environmental factor require that the process of developing the Arctic's hydrocarbon resources should become strategically sustainable. The paper provides a deep literature review on sustainability issues, sustainable development, strategic sustainability, and project efficiency in the Arctic offshore oil and gas sector. The paper analyzes the trends and conditions that substantiate the need to transform the traditional sustainability concept to meet new challenges and comply with new policies. Based on the analysis, the authors propose a definition of and a conceptual framework for strategic sustainability of oil and gas offshore projects in the Arctic.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available