On the risk management and risk governance of petroleum operations in the Barents Sea area.

@article{Aven2012OnTR,
  title={On the risk management and risk governance of petroleum operations in the Barents Sea area.},
  author={Terje Aven and Ortwin Renn},
  journal={Risk analysis : an official publication of the Society for Risk Analysis},
  year={2012},
  volume={32 9},
  pages={
          1561-75
        }
}
In this article, we discuss issues of risk management and risk governance with respect to petroleum operations in the Barents Sea area. We will focus on the decision problems related to whether or not to open the Barents Sea for petroleum activities in special vulnerable areas. We will explore to what extent the International Risk Governance Council risk governance framework provides valuable insights for and assistance to the decisionmaker and other stakeholders (including the industry and… CONTINUE READING
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