Holistic security risk management strategies for E&Ps: optimizing performance by reducing surface risk

Autor:	Anthony G. Cioni, Fenner L. Stewart
Rok vydání:	2018
Předmět:	Upstream (petroleum industry) business.industry Risk governance Management Monitoring Policy and Law Risk analysis (engineering) Elite Production (economics) business Political stability Construct (philosophy) Law Host (network) Risk management Energy (miscellaneous)
Zdroj:	The Journal of World Energy Law & Business. 11:49-84
ISSN:	1754-9965 1754-9957
DOI:	10.1093/jwelb/jwx041
Popis:	Exploration and production companies frequently partner with host countries that struggle to maintain political stability and eliminate security threats, making it difficult to develop security strategies to protect company employees and assets in country. Exploring this problem, we interview elite actors who populate germane risk management networks, providing a cross-section of perspectives as to how well upstream producers are crafting and implementing security risk management strategies. We construct a model of holistic security risk governance, and apply it to what our dataset reveals about firm performance in this area. Finally, we recommend ways in which industry-level responses can support exploration and production companies to reduce their risk and enhance their performance.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::24ca598d230882bf510890b2f10a1a7e https://doi.org/10.1093/jwelb/jwx041 Zobrazit plný text záznamu