This study assesses the risks associated with Shell's deep sea oil rig project in Sulu and provides recommendations for proceeding or not. The risks include increase in terrorist activities, environmental impact, reduction of jobs, and fatality of workers. External factors such as political instability, economic conditions, security, social issues, and technological limitations are also considered. The study concludes that there is little justification for Shell to proceed with the project due to the various risks and threats involved.