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A review of the multicriteria decision analysis applied to oil and gas decommissioning problems

A review of the multicriteria decision analysis applied to oil and gas decommissioning problems
A review of the multicriteria decision analysis applied to oil and gas decommissioning problems

Regardless of the economic activity, decommissioning decisions are often highly complex. This is due to the diversity of operational and local parameters, as well as the multitude of stakeholders involved, who generally have conflicting interests. This sets up a challenging multi-criteria decision problem on the activities to be carried out during the decommissioning process. This paper aims to present an overview of decision-support tools applied to decommissioning, and covers many economic sectors, with a focus on the oil and gas sector and on multi-criteria decision analysis (MCDA) methods. The paper delves deep into the aspects to be considered before reaching a decision, examining the experiences and methods found both in industrial reports and in academic papers.

Bibliographic review, Decision analysis, Decommissioning, Multi-criteria decision analysis, Oil & gas
0964-5691
Martins, I. D.
ed39ebd4-3657-449d-92fb-9a58494fedac
Moraes, F. F.
f2b25063-24ff-43a2-98d8-e5c8d377d542
Távora, G.
fc4268c2-476c-453e-a992-78bdf3bbb2e2
Soares, H. L.F.
c06c1956-c5e8-4245-ba30-550f7b1d9f93
Infante, C. E.
7eaaee47-c950-4f2b-8e61-b2543d481a34
Arruda, E. F.
8eb3bd83-e883-4bf3-bfbc-7887c5daa911
Bahiense, L.
48a5c2a4-d43b-4445-983f-e0637753074e
Caprace, J.
0cbeed33-35ee-41ce-82e4-d5834fc162de
Lourenço, M. I.
2cd9ba64-47d9-48ff-8663-530f9ba5054f
Martins, I. D.
ed39ebd4-3657-449d-92fb-9a58494fedac
Moraes, F. F.
f2b25063-24ff-43a2-98d8-e5c8d377d542
Távora, G.
fc4268c2-476c-453e-a992-78bdf3bbb2e2
Soares, H. L.F.
c06c1956-c5e8-4245-ba30-550f7b1d9f93
Infante, C. E.
7eaaee47-c950-4f2b-8e61-b2543d481a34
Arruda, E. F.
8eb3bd83-e883-4bf3-bfbc-7887c5daa911
Bahiense, L.
48a5c2a4-d43b-4445-983f-e0637753074e
Caprace, J.
0cbeed33-35ee-41ce-82e4-d5834fc162de
Lourenço, M. I.
2cd9ba64-47d9-48ff-8663-530f9ba5054f

Martins, I. D., Moraes, F. F., Távora, G., Soares, H. L.F., Infante, C. E., Arruda, E. F., Bahiense, L., Caprace, J. and Lourenço, M. I. (2020) A review of the multicriteria decision analysis applied to oil and gas decommissioning problems. Ocean and Coastal Management, 184, [105000]. (doi:10.1016/j.ocecoaman.2019.105000).

Record type: Review

Abstract

Regardless of the economic activity, decommissioning decisions are often highly complex. This is due to the diversity of operational and local parameters, as well as the multitude of stakeholders involved, who generally have conflicting interests. This sets up a challenging multi-criteria decision problem on the activities to be carried out during the decommissioning process. This paper aims to present an overview of decision-support tools applied to decommissioning, and covers many economic sectors, with a focus on the oil and gas sector and on multi-criteria decision analysis (MCDA) methods. The paper delves deep into the aspects to be considered before reaching a decision, examining the experiences and methods found both in industrial reports and in academic papers.

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More information

Accepted/In Press date: 20 September 2019
e-pub ahead of print date: 3 October 2019
Published date: 1 February 2020
Keywords: Bibliographic review, Decision analysis, Decommissioning, Multi-criteria decision analysis, Oil & gas

Identifiers

Local EPrints ID: 444687
URI: http://eprints.soton.ac.uk/id/eprint/444687
ISSN: 0964-5691
PURE UUID: c8eda735-d992-49fb-a3a8-2243e68ffd1a
ORCID for E. F. Arruda: ORCID iD orcid.org/0000-0002-9835-352X

Catalogue record

Date deposited: 29 Oct 2020 17:33
Last modified: 28 Apr 2022 02:31

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Contributors

Author: I. D. Martins
Author: F. F. Moraes
Author: G. Távora
Author: H. L.F. Soares
Author: C. E. Infante
Author: E. F. Arruda ORCID iD
Author: L. Bahiense
Author: J. Caprace
Author: M. I. Lourenço

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