A Review on Risk Factors in the Project of Oil and Gas Industry

Nova Nevila Rodhi, Nadjadji Anwar, I Putu Artama Wiguna

Abstract


In Each activity in the oil and gas industry there are risks that could hamper the project and also there is a huge risk to the environment, social and economic. Besides oil and gas industry projects also have the potential to be dangerous to life, property and the environment, the hazard can occur if the activity is not controlled and regulated by appropriate. Basically, the disaster is certainly not possible to be planned and can occur at any time. But the circumstances of a disaster can be anticipated, that is the way to plan preventive measures and control.Based on the description above, this paper aims to discuss risk factors and risk assessment techniques that can help sustainable development programs. From the results of this study note that the risk factors of projects in the oil and gas industry is very complex, so a risk analysis must be done from various aspects, namely the project itself, the environment and disaster and should be integrated with aspects of sustainable development. As for the suggested technique is a combination of monte carlo and system dynamics.

Keywords


Sustainable Development; Risk Assessment Techniques; Combination Monte Carlo and System Dynamics

Full Text:

PDF

References


N. Van Thuyet, “Risk management in oil and gas construction projects in Vietnam,” Int. J. Energy Sect. Manag., vol. 1, no. 2, pp. 175–194, 2007.

A. Enhassi, “Risk Management in Building Projects: Owners’ Perspective,” Islam. Univ. J. (Series Nat. Stud. Eng., pp. 95–123, 2008.

D. Ambarsari, “Minyak Kami Tanggung Jawab Kami - Transparansi Migas untuk Pembangunan Berkelanjutan: Belajar Dari Blora dan Bojonegoro,” 2009.

Bolado, “Best practices and methodological guidelines for conducting gas risk assessments,” 2012.

H. Zabihi, “Sustainability in Building and Construction: Revising Definitions and Concepts,” Int. J. Emerg. Sci., vol. 2, no. 4, pp. 570–578, 2012.

R. Choudhry and K. Iqbal, “Identification of risk management systems in construction industry in Pakistan,” J.Manage. Eng., pp. 42–49.

Anonimus, A Guide To The Project Management Body Of Knowledge (PMBOK GUIDE), Fourth Edi. American National Standard, 2008.

I. P. A. Wiguna and S. Scott, “Nature Of The Critical Risk Factors Affecting Project Performance In Indonesian Building Contracts,” in 21st Annual ARCOM Conference, 2005, pp. 225–235.

H. Corvellec, “The practice of risk management: Silence is not absence,” Risk Manag., vol. 11, pp. 285–304, 2009.

M. El-Sayegh Sameh and H. Mansour Mahmoud, “Risk Assessment and Allocation in Highway Construction Projects in the UAE,” J. Manag. Eng., 2015.

F. A. Ogwu, “Challenges of Oil and Gas Pipeline Network and the role of Physical Planners in Nigeria,” FORUM Ejournal, vol. 10, pp. 41–51, 2011.

N. N. Rodhi, “Kajian Risiko Penggunaan Sumber Daya Air Berbasis Paradigma Bottom-up Approach (Studi kasus wilayah eksplorasi Banyu Urip Bojonegoro),” Universitas Diponegoro, 2012.

O.-W. Achaw and Boateng, “Safety practices in the oil and gas industries in Ghana,” Int. J. Dev. Sustain., vol. 1, no. 2, pp. 456–465, 2012.

H. Voogd, “Disaster Prevention in Urban Environments,” Eur. J. Spat. Dev., pp. 1–20, 2004.

R. A., F. B. Olorunfemi, G. P. Awotayo, A. M. Tunde, and B. A. Usm, “Disaster Risk Management and Social Impact Assessment: Understanding Preparedness, Response and Recovery in Community Projects,” in Environmental Change and Sustainability, InTech, 2013.

Renuka, “A Review on Critical Risk Factors in the Life Cycle of Contruction Projects,” J. Civ. Eng. Res., vol. 4, no. 2A, pp. 31–36, 2014.

M. Tingay, O. Heidbach, R. Davies, and R. Swarbrick, “The Lusi Mud Eruption of East Java,” Curtin, 2009.

M. Abduh, “Konstuksi Ramping Untuk Mencapai Konstruksi yang berkelanjutan,” in Seminar Nasional Sustainability Dalam Bidang Material, Rekayasa, dan Konstruksi Beton, 2007, pp. 213 – 225.

E. Osipova and P. E. Eriksson, “Balancing control and flexibility in joint risk management: Lessons learned from two construction projects,” Int. J. Proj. Manag., vol. 31, no. 3, pp. 391–399, 2013.

Mojtahedi, et al. “Risk Identification and Analysis Concurrently: Group Decision Making Approach”. Proceedings of the IEEE ICMIT. 2008

Namian, et al (2016). “Improving Hazard-Recognition Performance and Safety Training Outcomes: Integrating Strategies for Training Transfer”. J. Constr. Eng. Manage., 04016048. ASCE, ISSN 0733-9364. 04016048-1 - 04016048-11.

Campidelli M, et al (2015). “Blast Design-Basis Threat Uncertainty and Its Effects on Probabilistic Risk Assessment”. ASCE-ASME J. Risk Uncertainty Eng. Syst., Part A: Civ. Eng. DOI: 10.1061/AJRUA6.0000823. © 2015 American Society of Civil Engineers. Pp. 04015012-1 - 04015012-15

Zhendong, Wu et al. “Risk Assessment of Oil and Gas Drilling Engineering Cooperation Project Based on Fuzzy Comprehensive Evaluation”. Proceedings of the 7th International Conference on Innovation & Management. 2011. Pp.1662 – 1667.

Collins, Dave danJunghans, Antje. (2015). “Sustainable facilities management and green leasing: The company strategic approach”. Procedia Economics and Finance 21 ( 2015 ) 128 – 136. www.sciencedirect.com

Zolfagharian, et al. (2012). “Environmental Impacts Assessment on Construction Sites”.Construction Research Congress 2012 © ASCE 2012.Hal. 1750 – 1759.

Razaque, Abdul, et al. (2012). “Fostering Project Scheduling and Controlling Risk Management”. International Journal of Business and Social Science Vol. 3 No. 14 [Special Issue – July 2012]. Hal. 118 – 127. www.ijbssnet.com

Mursitama, Tirta N andYudono, Maisa, (2010). StrategiTiga Naga EkonomiPolitikIndustriMinyakCina di Indonesia”. ISBN.978-602-95766-9-6. KepikUngu.Depok. Indonesia.

Bonstrom, Holly. Corotis, Ross B. dan Porter, Keith. (2012). “Overcoming Public and Political Challenges for Natural Hazard Risk Investment Decisions”. Journal of Integrated Disaster Risk Management.IDRiM(2012)1(1) ISSN: 2185-8322. Hal. 1 – 23.

El Attar, Ibrahim. danKhattab, Wael. (2013). “Risks Assessment of Oil and Gas Transportation in the Suez Canal Sector”.The international maritime transport & logistics conference (marlog 2). Sustainable development of suez canal region 17 - 19 MARCH 2013. Pp. 1- 11.

Kemp, René , (2005). “Governance for sustainable development: moving from theory to practice”. Int. J. Sustainable Development, Vol. 8, Nos. 1/2, 2005. Pp.12 – 30.

Osman, Wan et al. (2012). “Adoption Level of Sustainable Construction Practices: A Study on Malaysia’s Construction Stakeholders”. Journal of Southeast Asian Research.Vol. 2012 (2012), Article ID 270273, 6 pages. DOI: 10.5171/2012.270273. http://www.ibimapublishing.com/journals/JSAR/jsar.html

Rosentröm, Ulla. (2006). “Exploring the Policy Use of Sustainable Development Indicators: Interviews with Finnish Politicians”. The Journal of Transdisciplinary Environmental Studies, ISSN 1602-2297. Vol 5. No. 1-2. 2006. Pp. 1- 13. http://www.journal-tes.dk/.

Kemp, René , (2005). “Governance for sustainable development: moving from theory to practice”. Int. J. Sustainable Development, Vol. 8, Nos. 1/2, 2005. Pp.12 – 30.

Kates, Robert W et al, (2005). “WHAT IS SUSTAINABLE DEVELOPMENT? Goals, Indicators, Values, and Practice”. Issue of Environment: Science and Policy for Sustainable Development, Volume 47, Number 3, pages 8–21. © Robert W. Kates, Thomas M. Parris, and Anthony A. Leiserowitz, 2005. For more information about Environment, see http://www.heldref.org/env.php

Zou, P., Chen, Y., and Chan, T. (2010). “Understanding and improving your risk management capability: Assessment model for construction organizations.” J. Constr. Eng. Manage., 10.1061/(ASCE)CO.1943-7862.0000175, 854–863.

Galbusera, Luca;et al. (2016). “Inoperability Input-Output Modeling: Inventory Optimization and Resilience Estimation during Critical Events”. ASCE-ASME J. Risk Uncertainty Eng. Syst., Part A: Civ. Eng., B4016001. B4016001-1 - B4016001-10

Sharrard, Aurora ,et al. (2008). “Estimating Construction Project Environmental Effects Using an Input-Output-Based Hybrid Life-Cycle Assessment Model”. Journal Of Infrastructure Systems © ASCE / DECEMBER 2008. Hal. 327 – 336.

Irizarry, Javier, et al (2012). “The Development Of A Sustainable-Construction Planning System”. Journal of Information Technology in Construction - ISSN 1874-4753.ITcon Vol. 17 (2012).Hal.162 – 178.

Hashemi, H.et al. (2013).“Compromise ranking approach with bootstrap confidence intervals for risk assessment in port management projects.” J. Manage. Eng., 10.1061/ (ASCE)ME.1943-5479.0000167, 334–344.

Gargiulo, C. (2013). “A Multilevel and Multi-Scale Method To Optimise The Sustainable Construction Works”. Sustainable Building Conference 2013.Coventry University.Hal. 322- 331

Vasquez, Rodolfo Valdes and Klotz, Leidy. (2013). “Social Sustainability Considerations during Planning and Design: Framework of Processes for Construction Projects”. Journal Of Construction Engineering And Management © ASCE / January 2013. American Society of Civil Engineers. DOI: 10.1061/(ASCE)CO.1943-7862.0000566. hal. 80 – 89.

Yang Z.H; et al. (2015). “Development of the Risk Assessment and Management Strategies for TPH Contaminated Sites Using TPH Fraction Methods”. J. Hazard. Toxic Radioact.Waste, D4015003. © ASCE, ISSN 2153-5493/D4015003(10). D4015003-1 - D4015003-10.

Bonstrom, Holly et al. (2012). “Overcoming Public and Political Challenges for Natural Hazard Risk Investment Decisions”.Journal of Integrated Disaster Risk Management.IDRiM(2012)1(1) ISSN: 2185-8322. Hal. 1 – 23.

Patel K.A; Kikani K.D and Jha K.N. (2016). “Hazard Assessment Using Consistent Fuzzy Preference Relations Approach”. J. Constr. Eng. Manage., 04016067. © ASCE, ISSN 0733-9364. 04016067-1 - 04016067-10.

Gilbert, Stanley andAyyub, M. (2016). “Models for the Economics of Resilience”. ASCE-ASME J. Risk Uncertainty Eng. Syst., Part A: Civ. Eng., 04016003. 04016003-1 - 04016003-11.

Houghton, Jameset al, (2014). “A Survey of Methods for Data Inclusion in System Dynamics Models: Methods, Tools and Applications”. Working Paper CISL# 2014-03.Massachusetts Institute of Technology. Cambridge, MA 02142.

Goh, Yang Miang and Love, Peter ED. (2012). “Methodological application of system dynamics for evaluating traffic safety policy”.Safety Science 50 (2012).Hal.1594–1605.www.elsevier.com/locate/ssci

Dudley, Richard G, (2007). “Payments, penalties, payouts, and environmental ethics: a system dynamics examination”. Sustainability: Science, Practice, & Policy. Volume 3 ● Issue 2 Fall 2007. ISSN: 1548-7733 Pp. 24 – 35. http://ejournal.nbii.org.

Shin, Mingyu. Lee, Hyun-Soo. Park, Moonseo. Moon, Myunggidan Han, Sangwon.(2013). “A system dynamics approach for modeling construction workers’safety attitudes and behaviors”.Accident Analysis and Prevention 68 (2014). www.elsevier.com/locate/aap. Hal.95–105.

Zhang, YB. Chen, YQ and Zhu, XY. (2012). “Risk Management for Construction Projects with Colored Petri Nets: an Agent-Based Modeling Framework”. Proceedings of the 2012 IEEE IEEM.Hal. 2008 – 2012.

Ghadge, Abhijeet et al. “A systems approach for modelling supply chain risks”. Supply Chain Management: An International Journal, Vol.18 No.5, 2013. Pp 523-538.




DOI: http://dx.doi.org/10.12962/j20882033.v28i3.3217

Refbacks

  • There are currently no refbacks.


Creative Commons License

IPTEK Journal of Science and Technology by Lembaga Penelitian dan Pengabdian kepada Masyarakat, ITS is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Based on a work at https://iptek.its.ac.id/index.php/jts.