Marine and Offshore Engineering Studies
Open access
Peer reviewed
Abstract
Abstract
A transition to sustainable development and circular economy (CE) principles requires an interdisciplinary understanding of industry-specific technological characteristics and a strategic rethinking of priorities. Given the oil and gas industry’s critical role in socio-economic development, tightening environmental regulations, growing resource consumption, waste generation, and environmental impacts, the aim of this research is to identify industry-specific directions for implementing CE principles and to assess their contribution to achieving the Sustainable Development Goals (SDGs). A multi-stage methodology was applied, including an expert evaluation for the identification of key directions for CE implementation; a literature review of related technological practices; subsequent analysis of linkages between each of 12 identified directions and CE principles within the “10R” circularity framework; and qualitative analysis and systematization of their contribution and potential impact on relevant SDGs. Based on these findings, foundational management principles for the oil and gas industry, aligned with sustainability priorities and the circular transition, were formulated. The results obtained provide a methodological basis for strategic management and corporate planning that integrates CE principles and SDGs, which can be further developed to obtain quantitative instruments for assessing the compliance of the companies with CE principles and can be used to improve the sustainability reporting procedure in the oil and gas enterprises. The findings can also be applied to support the modernization of industry standards and justify government support measures.
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@article{Magaril2026Circular,
title = {Circular Transformation in the Oil and Gas Industry: Impacts on Sustainable Development Goals},
author = {Elena Magaril and Anzhelika Karaeva},
journal = {Sustainability},
year = {2026},
doi = {10.3390/su18147105},
url = {https://doi.org/10.3390/su18147105}
}FAQ
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