This manuscript analyses the risk management in the oil and gas industries. The manuscript discusses risk management in the consideration of large uncertainties in addition the utilization of adaptive risk management in various conditions. This type of management depends on the certainty that a better choice cannot be made, on the contrary, a few choices must be powerfully followed in order to obtain data and information on the implications of different strategies. Henceforth, the safety in addition risk of management in gas and oil efforts is a basic need. The risk management strategies should be analyzed to avoid the risks happen in the oil and gas industries. Mostly, risks are happened in the oil and gas industries with the human error, natural accidents. In the manuscript, we focus on a case from the oil and gas sector, the primary thing is to gain experience on how the management can carry out risk management while focusing on major hazard information and vulnerability areas. Of late, a few authors have competed to obtain some new types of risk perspectives, including information on how vulnerabilities and dangers are perceived, and the assessment that this article uses these perspectives as a reason for conversation.