ASSESSMENT OF THE RISK MANAGEMENT SYSTEM AT OIL AND GAS INDUSTRY ENTERPRISES

The oil and gas industry has some specific characteristics that distinguish it from other branches of material production. The specifics of the oil and gas industry make it possible to distinguish between general and specific risks. The use of dynamic management models allows enterprises to adapt to changing external and internal conditions, optimize their operations, and anticipate potential risks before they have a noticeable impact on operations. Thus, an integrated and systematic approach to risk management becomes a key element of any success-oriented organization’s strategy. Risk management is a key element for ensuring the sustainability and development of enterprises, as well as for improving the quality of management decisions.