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A Review of Climate Change Impacts to Oil Sector Critical Services and Suggested Recommendations for Industry Uptake

1
Environmental Research Laboratory, NCSR “Demokritos”, 15341 Agia Paraskevi, Greece
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Department of Mechanical Engineering & Aeronautics University of Patras, 26500 Patras, Greece
*
Author to whom correspondence should be addressed.
Infrastructures 2019, 4(4), 74; https://doi.org/10.3390/infrastructures4040074
Received: 23 October 2019 / Revised: 18 November 2019 / Accepted: 23 November 2019 / Published: 26 November 2019
Climate change already has far-reaching impacts on the oil industry, putting the operation, reliability, and growth of the sector at risk. Oil infrastructure has multi-decadal lifetime projections; thus, climate change and extreme weather events such as extreme temperatures, hurricanes, high winds, lightning strikes, storm surges, flooding, etc., pose an extra challenge to the oil supply chain, from upstream to downstream. In this paper, we review the climate change risk assessment frameworks, the impacts of climate change on oil infrastructure, and we identify gaps in the current knowledge, also suggesting future search directions on adapting the oil sector to climate change. The work overviews linkages between climate and oil industry design, operational, and service thresholds in a comprehensive hazard threshold matrix. Existing risk assessment methodologies that account for existing regulatory frameworks and interdependencies with other infrastructures are studied, leading to mitigation, adaptation, and sector resilience recommendations. View Full-Text
Keywords: oil; critical infrastructures; climate change; impacts; risks; vulnerability; critical event parameters oil; critical infrastructures; climate change; impacts; risks; vulnerability; critical event parameters
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Katopodis, T.; Sfetsos, A. A Review of Climate Change Impacts to Oil Sector Critical Services and Suggested Recommendations for Industry Uptake. Infrastructures 2019, 4, 74.

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