Risk and uncertainty pervade decisions on petroleum investments and operations, raising the stakes for companies committing to multibillion dollar contracts often extending twenty or more years. The array of risk factors is diverse, requiring multidisciplinary analysis to decipher. New risks arise and others expand, raising the breadth and depth of challenges facing energy operators.
Key risks companies face in petroleum investment and operations by Bud Coote and Karl V. Hopkins is a collaboration between Dentons and the Atlantic Council that provides analysis on the array of risks and uncertainties faced by international energy firms investing in and operating energy projects worldwide. It focuses on lessons learned from a variety of experiences and offers risk mitigation options.
Image: Damaged tanks and pipelines are seen at the oil port of Ras Lanuf, Libya July 10, 2018. Picture taken July 10, 2018. REUTERS/Esam Omran Al-Fetori