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

Martins, I.D., Moraes, F.F., Távora, G., Soares, H.L.F., Infante, C.E., Fernandes De Arruda, E., 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. 10.1016/j.ocecoaman.2019.105000

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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.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Mathematics
Publisher:	Elsevier
ISSN:	0964-5691
Date of First Compliant Deposit:	6 January 2020
Date of Acceptance:	20 September 2019
Last Modified:	29 Nov 2024 21:15
URI:	https://orca.cardiff.ac.uk/id/eprint/128219

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