Abstract
The article presents a study on risks in oil and gas industry and reveals their causes investigating enterprises activity as a result of emergent properties of systems. The original algorithm of risk assessment process based on emergent properties study is offered. A taxonomy approach and factor analysis are used for purposes of risk evaluation. The risk assessment consists of risks taxonomy, database structure development, identification of risks through impact factors evaluation; economic system emergent properties risks prediction, an integral risk level indicator calculation using taxonomy approach, correlation analysis of integral indicators of risk assessment, preventive measures for minimizing of negative impacts and reducing risks.
Highlights
Oil and gas industry enterprises have a multi-layer organizational and production structure and a complex technological and production process
Making changes to structural and functional relationships, sharing of responsibilities and resources inside the enterprise and structural changes in the state economics are accompanied by a significant number of risks
Oil and gas enterprises risks exposure was revealed in publications [5, 6, 7, 8, 9]
Summary
Oil and gas industry enterprises have a multi-layer organizational and production structure and a complex technological and production process. 3 Modifying risk assessment process using taxonomic procedures, factor analysis and taking into account the emergent properties of a system
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