A portfolio optimization model for a large number of hydrocarbon exploration projects

Over the past few years the global oil and gas industry has been going through a severe market downturn. Despite recent signs of stabilization, oil prices have a long history marked by volatility. In this context, it is imperative for oil companies to optimize their capital allocation, as this might...

Full description

Bibliographic Details
Main Authors: Bulai Vlad-Cosmin, Horobeț Alexandra
Format: Article
Language:English
Published: Sciendo 2018-05-01
Series:Proceedings of the International Conference on Business Excellence
Subjects:
Online Access:https://doi.org/10.2478/picbe-2018-0017