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A Review in Enhancing Hydrological Safety by Implementing Risk Management Strategies

Published in Hydrology (Volume 10, Issue 1)
Received: 26 December 2021    Accepted: 19 January 2022    Published: 26 January 2022
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Abstract

This manuscript analyses the risk management in the oil and gas industries. The manuscript discusses risk management in the consideration of large uncertainties in addition the utilization of adaptive risk management in various conditions. This type of management depends on the certainty that a better choice cannot be made, on the contrary, a few choices must be powerfully followed in order to obtain data and information on the implications of different strategies. Henceforth, the safety in addition risk of management in gas and oil efforts is a basic need. The risk management strategies should be analyzed to avoid the risks happen in the oil and gas industries. Mostly, risks are happened in the oil and gas industries with the human error, natural accidents. In the manuscript, we focus on a case from the oil and gas sector, the primary thing is to gain experience on how the management can carry out risk management while focusing on major hazard information and vulnerability areas. Of late, a few authors have competed to obtain some new types of risk perspectives, including information on how vulnerabilities and dangers are perceived, and the assessment that this article uses these perspectives as a reason for conversation.

Published in Hydrology (Volume 10, Issue 1)
DOI 10.11648/j.hyd.20221001.12
Page(s) 12-20
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Risk Management, Oil Industry, Gas Industry, Risk-Based Inspection, Dynamic Risk Assessment

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Cite This Article
  • APA Style

    Sothivanan Shanmugam, Manikandan Kanagasabai, Elamparuthi Devanathan. (2022). A Review in Enhancing Hydrological Safety by Implementing Risk Management Strategies. Hydrology, 10(1), 12-20. https://doi.org/10.11648/j.hyd.20221001.12

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    ACS Style

    Sothivanan Shanmugam; Manikandan Kanagasabai; Elamparuthi Devanathan. A Review in Enhancing Hydrological Safety by Implementing Risk Management Strategies. Hydrology. 2022, 10(1), 12-20. doi: 10.11648/j.hyd.20221001.12

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    AMA Style

    Sothivanan Shanmugam, Manikandan Kanagasabai, Elamparuthi Devanathan. A Review in Enhancing Hydrological Safety by Implementing Risk Management Strategies. Hydrology. 2022;10(1):12-20. doi: 10.11648/j.hyd.20221001.12

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  • @article{10.11648/j.hyd.20221001.12,
      author = {Sothivanan Shanmugam and Manikandan Kanagasabai and Elamparuthi Devanathan},
      title = {A Review in Enhancing Hydrological Safety by Implementing Risk Management Strategies},
      journal = {Hydrology},
      volume = {10},
      number = {1},
      pages = {12-20},
      doi = {10.11648/j.hyd.20221001.12},
      url = {https://doi.org/10.11648/j.hyd.20221001.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.hyd.20221001.12},
      abstract = {This manuscript analyses the risk management in the oil and gas industries. The manuscript discusses risk management in the consideration of large uncertainties in addition the utilization of adaptive risk management in various conditions. This type of management depends on the certainty that a better choice cannot be made, on the contrary, a few choices must be powerfully followed in order to obtain data and information on the implications of different strategies. Henceforth, the safety in addition risk of management in gas and oil efforts is a basic need. The risk management strategies should be analyzed to avoid the risks happen in the oil and gas industries. Mostly, risks are happened in the oil and gas industries with the human error, natural accidents. In the manuscript, we focus on a case from the oil and gas sector, the primary thing is to gain experience on how the management can carry out risk management while focusing on major hazard information and vulnerability areas. Of late, a few authors have competed to obtain some new types of risk perspectives, including information on how vulnerabilities and dangers are perceived, and the assessment that this article uses these perspectives as a reason for conversation.},
     year = {2022}
    }
    

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    AU  - Sothivanan Shanmugam
    AU  - Manikandan Kanagasabai
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    Y1  - 2022/01/26
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    N1  - https://doi.org/10.11648/j.hyd.20221001.12
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    UR  - https://doi.org/10.11648/j.hyd.20221001.12
    AB  - This manuscript analyses the risk management in the oil and gas industries. The manuscript discusses risk management in the consideration of large uncertainties in addition the utilization of adaptive risk management in various conditions. This type of management depends on the certainty that a better choice cannot be made, on the contrary, a few choices must be powerfully followed in order to obtain data and information on the implications of different strategies. Henceforth, the safety in addition risk of management in gas and oil efforts is a basic need. The risk management strategies should be analyzed to avoid the risks happen in the oil and gas industries. Mostly, risks are happened in the oil and gas industries with the human error, natural accidents. In the manuscript, we focus on a case from the oil and gas sector, the primary thing is to gain experience on how the management can carry out risk management while focusing on major hazard information and vulnerability areas. Of late, a few authors have competed to obtain some new types of risk perspectives, including information on how vulnerabilities and dangers are perceived, and the assessment that this article uses these perspectives as a reason for conversation.
    VL  - 10
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Author Information
  • Department of Chemical Engineering, Annamalai University, Chidambaram, India

  • Department of Chemical Engineering, Annamalai University, Chidambaram, India

  • Department of Business Administration, Annamalai University, Chidambaram, India

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