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Environmental Parametric Cost Model in Oil and Gas EPC Contracts

Author

Listed:
  • Madjid Abbaspour

    (School of Mechanical Engineering, Sharif University of Technology, Tehran, Iran)

  • Sanaz Toutounchian

    (Department of Environment and Energy, Science and Research Branch, Islamic Azad University, Tehran, Iran)

  • Tooraj Dana

    (Department of Environment and Energy, Science and Research Branch, Islamic Azad University, Tehran, Iran)

  • Zahra Abedi

    (Department of Environment and Energy, Science and Research Branch, Islamic Azad University, Tehran, Iran)

  • Solmaz Toutounchian

    (Department of Environment and Energy, Science and Research Branch, Islamic Azad University, Tehran, Iran)

Abstract

This study aims at identifying the parameters that govern the environmental costs in oil and gas projects. An initial conceptual model was proposed. Next, the costs of environmental management work packages were estimated, separately and were applied in project control tools (WBS/CBS). Then, an environmental parametric cost model was designed to determine the environmental costs and relevant weighting factors. The suggested model can be considered as an innovative approach to designate the environmental indicators in oil and gas projects. The validity of variables was investigated based on Delphi method. The results indicated that the project environmental management’s weighting factor is 0.87% of total project’s weighting factor.

Suggested Citation

  • Madjid Abbaspour & Sanaz Toutounchian & Tooraj Dana & Zahra Abedi & Solmaz Toutounchian, 2018. "Environmental Parametric Cost Model in Oil and Gas EPC Contracts," Sustainability, MDPI, vol. 10(1), pages 1-13, January.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:1:p:195-:d:127454
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    References listed on IDEAS

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