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Operations Research, Systems Engineering and Industrial Engineering Commons

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University of Arkansas, Fayetteville

Social sciences

Oil, Gas, and Energy

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Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering

Incorporating Environmental And Social Factors Into Decision-Making Of An Oil And Gas Industry To Improve Sustainability, Gaurav Dabhadkar May 2015

Incorporating Environmental And Social Factors Into Decision-Making Of An Oil And Gas Industry To Improve Sustainability, Gaurav Dabhadkar

Graduate Theses and Dissertations

The energy industry (including the oil and gas industry) is facing unparalleled scrutiny and demands from stakeholders including investors, regulators (industry and environmental), communities, and other stakeholders. Sustainable development is one of the major concerns of the oil and gas industry. Companies are seeking to increase sustainability of their operations by considering environmental and Social concerns in addition to economic concerns. Oil and gas companies need to take decisions at different stages of the product life cycle (e.g. planning, design, exploration, production, and clean-up) which have direct or indirect impact on the organization's objectives. Addressing economic, technical, Social, and environmental …