Nikolay Kondratenko
The present study is aimed to investigate and analyze Arctic offshore oil and gas projects investment using the proprietary methodology of multiple criteria analysis. This approach enables us to take into account resources, economic, environmental, technological, infrastructure and social aspects of the analyzed objects. The implementation of this methodology of the economico-mathematical modeling helps to form an effective Arctic shelf exploration program, to ground at the domestic and enterprise level managerial decisions, which are able to provide maximization of the economic effect under Arctic shelf development in the modern context.