Evaluating the innovation of oil and gas enterprises under new circumstances: Evidence from Rosneft Oil Company

2020 ◽  
Vol 8 (8) ◽  
pp. 1444-1458
Author(s):  
N.M. Baranova ◽  
D.S. Loginova ◽  
S.N. Larin
Keyword(s):  
Oil And Gas ◽  
Annual Report ◽  
Statistical Data ◽  
Exponential Model ◽  
Innovative Activity ◽  
Corporate Development ◽  
Power Resources ◽  
Business Operations ◽  
Trade Wars ◽  
Oil Company

Subject. Illustrating the case of Rosneft Oil Company, we herein study how innovation spurs business operations, increases the competitiveness of firms and protects them from risks. Objectives. We model the innovative activity of Rosneft Oil Company and its competitiveness. Methods. We analyze proceedings by the Russian and foreign scholars, materials on program for the innovative and sustainable development of Rosneft Oil Company. Our assessments were based on statistical data of Rosneft’s annual report for 2004–2019. The regression analysis and econometric studies were conducted via Eviews10. Results. We set models to predict the innovative development of the company for the nearest future. We revealed that the linear model was the most appropriate and suitable for forecasting. Properties and estimates of the exponential model turned to be insignificant, on the contrary. Conclusions and Relevance. Currently, it is difficult to forecast the extent to which corporate development, its innovative activity will change in 2020 and in the nearest future. Despite the company’s achievements before 2020, continuous trade wars, geopolitical conflicts, pandemic, OPEC agreements and a consequential drastic drop in the demand for power resources considerably slowed down the pace of the economic growth not only in the company, but also in the country.

scholarly journals Resistance to Sustainability Innovations in the Oil and Gas Sphere

2017 ◽  
Vol 6 (2) ◽  
pp. 31-36
Author(s):  
Здольник ◽  
Daria Zdolnik ◽  
Тищенко ◽  
Olga Tishchenko ◽  
Тищенко ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Oil And Gas ◽  
Development Projects ◽  
Project Portfolio ◽  
The Sustainable Development ◽  
Development Concept ◽  
Implementation Management ◽  
Oil Company

The article analyzes the main causes of resistance to the principles of the sustainable development concept as the results of the research in the oil company "Bashneft". In addition, the article describes the main risks of the industry, which led to changes in strategy and, as a consequence, changes in project portfolio, including sustainable development projects. There is also a system of the implementation management of the changes related to the sustainable development concept developed and the main methods of combating and preventing resistance identified in the article.

scholarly journals Działalność innowacyjna i inwestycje w maszyny i urządzenia w przemyśle spożywczym w Polsce a wyzwania współczesnej gospodarki

2018 ◽  
Vol 105 (2) ◽  
pp. 93-109
Author(s):  
Irena Łącka
Keyword(s):  
Comparative Analysis ◽  
Technical Progress ◽  
Manufacturing Process ◽  
Food Industry ◽  
Statistical Data ◽  
New Economy ◽  
Food Products ◽  
Innovative Activity ◽  
Descriptive Statistics ◽  
Use Of Resources

Polish food industry challenges result from current and future changes in world’s economy i.e. the need of the optimization of manufacturing process, the increase of effectiveness of the use of resources, solving the personnel problems together and implementing innovations and technical progress. The aim of the article was to present the innovative activity of companies of this sector in years 2010-2016 with indicating tendencies in this scope. The analysis of investments in machines and devices aimed at evaluation of condition and prospects of technical progress of entities in food industry. The research has shown that the majority of this sector is weakly prepared to facing the challenges of new economy. This is indicated by low expenditures into the innovative activity of entities, the structure of those expenditures as well as results of activities during examined period. The analysis of the statistical data have shown that during this tested time the producers of food products and beverages have increased their investment in machines and devices in order to increase their effectiveness of the use of resources and modernize their machinery. During the research following methods were used: study of national and foreign literature, comparative analysis and elements of descriptive statistics. To analyze the innovative activity and investments of entities in machines and devices the data of public statistics was used.

Experience in applying the method of fractal analysis to clarify the boundaries of facies zones when introducing digital technologies in the exploration process

2021 ◽  
pp. 36-50
Author(s):  
O. V. Elisheva ◽  
K. A. Sosnovskikh
Keyword(s):  
Fractal Analysis ◽  
Seismic Data ◽  
Oil And Gas ◽  
Scientific Center ◽  
Large Variability ◽  
Exploration Process ◽  
Exploration Drilling ◽  
Risk Maps ◽  
Hydrocarbon Deposits ◽  
Oil Company

In order to improve the efficiency of exploration drilling at various greenfield license areas owned by Rosneft Oil Company, Tyumen Petroleum Scientific Center LLC has been actively developing and implementing various innovative technologies in recent years that allow increasing the probability of discovering new hydrocarbon deposits. One of such approaches is the use of different methods based on the principles of fractality of geological objects. The article presents the results of using the fractal analysis method to solve one of the applied problems of oil and gas geology, namely, the correction of the boundaries of facies zones on facies maps, which are the basis for constructing risk maps for the "reservoir". It is shown that the boundaries of the facies zones on facies maps, built mainly on seismic data and a limited amount of materials from exploration drilling, have a large variability. The found statistical relationship between the distribution of the total reservoir thicknesses in different facies zones and the fractal dimension of the traps made it possible to correct facies and risk maps.

Value Oriented Engineering Solutions for Business Continuity

2021 ◽  
Author(s):  
Jose Luis Delgado Rivera
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Electrical Equipment ◽  
Business Continuity ◽  
Gas Industry ◽  
Holistic View ◽  
Emergency Situations ◽  
Business Operations ◽  
Safety And Reliability ◽  
Major Disruption

Abstract This paper presents a systemic approach using Engineering and analytics methods to avail the fastest and safest responses to recovering business operations after Abqaiq Plants major disruption after the 2019 September 14th incident. This new approach using value and agile engineering, risk management methodologies combined with the business continuity model suggested was successfully applied to recover Abqaiq Plants Operations after catastrophic events occurred. This paper pretends to serve as example about how the business continuity plan should response to a major emergency and how this planning activity could be effectively supported using a Value Oriented Engineering Solutions (VOES). This VOES approach is based on Business continuity framework and adapted for use during emergency situations to generate effective and urgent responses to recover one of the most strategical operations in the Oil and Gas Industry worldwide ahead of the last year significant disruption. VOES approach vastly implemented during Abqaiq Plants Restoration allowed a 100% functional recovery on 9 days, 5 days in advance to the most optimistic scenario. This paper shows a case study implemented for major instrumentation and electrical equipment activities performed in UA Spheroids plant, one of the most affected area and responsible to process the 100% of the Abqaiq Plants Oil Production rate. This paper pretends to contribute with the research and practice on business continuity management. Considering a particular approach to BCM, incorporating value-oriented engineering solutions in the developing of continuity plans; we apply model-based techniques to provide quality assurance in the elaboration process, and to automate the generation/update of a BCP. On the practical side, this study converts Operational, Maintenance, Safety and Reliability perspectives in a holistic view provided from Engineering solutions responsible to generate the guidelines for an agile, effective and realizable recovery plan.

Sāmoa’s Gethsemane (1930)

Tautai ◽  
2017 ◽  
Author(s):  
Patricia O'Brien
Keyword(s):  
New Zealand ◽  
Great Depression ◽  
Annual Report ◽  
Moral Character ◽  
League Of Nations ◽  
The Great Depression ◽  
Business Operations ◽  
The Impact

This chapter explores the immediate aftermath of the Black Saturday Massacre through the experiences of Ta’isi. Though New Zealand forces tried to stop the Mau through exiling Ta’isi and then the killing Tupua Tamasese (which may have been intended or not) the Mau continued to disrupt New Zealand’s rule. The Women’s Mau, in which Rosabel played a prominent role, also came to the fore in 1930. Administrator Allen enraged these women, Ta’isi and Sāmoans generally, when he wrote in the annual report to the League of Nations that these women were of ‘light moral character’. The crisis of the Great Depression began to impact Sāmoa and for Ta’isi personally; his enforced absence from Sāmoa began to bite into his business operations. This chapter explores the New Zealand’s part in continuing attempts to publically damage Ta’isi’s status amongst Sāmoans. It also explores the impact on Ta’isi and the Mau with the death of Sir Māui Pōmare, who had been Samoa’s staunchest supporter.

"Boundary-Spanning" Practices and Paradoxes Related to Trust Among People and Machines in a High-Tech Oil and Gas Environment

2011 ◽  
pp. 1-17 ◽  
Author(s):  
Vidar Hepsø
Keyword(s):  
Oil And Gas ◽  
Boundary Work ◽  
Boundary Spanning ◽  
High Tech ◽  
Material Resources ◽  
Knowledge Intensive ◽  
External Vendors ◽  
And Control ◽  
Oil Company ◽  
Formal Procedures

This chapter follows subsea engineering coordinators (SEC) at Statoil, a major Norwegian oil company, and their collaboration with subsea engineering/operational support personnel and external vendors. This is a high-tech business that tends to be described by formal procedures and a strict division of labor, or in other words, strict hierarchy and market coordination mechanisms. Still, engineers in this setting perform substantial informal boundary work to be able to do their work efficiently. Their self-definition and devotion is realized through boundary-spanning interaction with various material resources and through extensive management of trust. The consequence of this knowledge intensive operational practice is that the engineers have to live continuously with paradoxes. In the light of the situation of these engineers, we address some of the dynamics of collaboration and control that such professionals must cope with in today’s high-tech environments.

The Fact Research of the Equipment and Facilities Integrated Management IT System for Chinese Oil Company

2014 ◽  
Vol 1044-1045 ◽  
pp. 1839-1842 ◽  
Author(s):  
Nan Wang ◽  
Jing Hua Sha
Keyword(s):  
Oil And Gas ◽  
Integrated Management ◽  
It Infrastructure ◽  
Integrated Management System ◽  
Data Standardization ◽  
Infrastructure Design ◽  
Paper Survey ◽  
And Performance ◽  
Safety Operation ◽  
Oil Company

A Chinese oil company realized millions of tons of oil and gas productivity to meet the target of twelfth 5 years plan. It faces many big challenges while fast developing. We need to finish the asset integrated management system, strengthen the key equipment’s management and ensure safety operation. This paper is based on Asset integrated management implementation and risk management theory, to study the information system and IT infrastructure, to provide the evidence for leaders decision making. It can guide the business development and support the improvement, to make the data standardization, control the process and enhance the management and performance assessment ability for the corporation. The article uses the factor research method based on paper survey to analyze the data and IT system. It is divided three parts: background and requirement analysis, infrastructure design and development roadmap. It not only proposed that how to build AIM IT system, but also make the investment and returning analysis. From the degree of IT supporting business, this paper replies the problem of management increasing of National Company and Assets Management Committee.

Rivalries may cap Libya's oil export potential

2016 ◽  
Keyword(s):  
Revenue Management ◽  
Oil And Gas ◽  
Oil Production ◽  
Production Level ◽  
Content Type ◽  
Oil Export ◽  
New Challenges ◽  
Oil Company

Significance Libya's pre-revolution oil production level of around 1.6 million b/d has been disrupted by conflict since 2011. Impacts Further disputes over oil shipments and revenue management are likely. Field Marshal Khalifa Haftar and the Tobruk administration may also try to instigate new challenges to the National Oil Company. Under present conditions, only minor, place-holding investments in oil and gas will materialise. The GNA's credibility may further weaken.

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