POST-INVESTMENT REVIEW OF TECHNOLOGICAL PROJECTS IN OIL AND GAS: GAZPROM NEFT UPSTREAM APPROACH

2020 ◽  
pp. 73-80
Author(s):  
V.R. Filimonova ◽  
A.V. Shushkov ◽  
D.S. Zmienko ◽  
M.U. Rabaev ◽  
G.S. Kuzmin ◽  
...  
Keyword(s):  
Oil And Gas ◽  
Economic Benefits ◽  
Continuous Change ◽  
General Process ◽  
Technology Project ◽  
Technology Readiness Level ◽  
Readiness Level ◽  
Impact Of Technology ◽  
The Impact ◽  
A Company

In the world of continuous change and volatility, benefits and results of investments made by companies into research and development (R&D) projects have to be transparent for management of a company in order to make timely and appropriate investment decisions. The paper discusses prospects of post-implementation review of R&D projects, process complications the company faced and its interaction with key related processes of the technology strategy: diffusion among affiliated companies, education and commercialization. Any technology project strives to deliver both technological and economic benefits to a company. While technological success is usually the focus of a project manager, the economical results are overseen by the management of a company and used as a source for action. An overview of best industrial practices is given, later compared to the approach employed by the upstream division of Gazprom Neft company. The latter presents general process and key principles, including process initiation triggers, stages and KPIs used for the monitoring. The importance of technology diffusion is discussed, specifically the impact of technology readiness level on the success of a project is considered as well as necessity to develop “fail fast” culture in the company in order to have higher success ratio. Interconnection between the diffusion of a technology and the amount of intellectual property created by the technology is studied. The need for alignment to the company’s strategies by the project teams is revealed as well as continuous education methods are presented. The conclusion contains results and ways for improvement of the postimplementation review process in the company.

scholarly journals IUPAC Top Ten Emerging Technologies in Chemistry 2021

2021 ◽  
Vol 43 (4) ◽  
pp. 13-20
Author(s):  
Gomollón-Bel Fernando
Keyword(s):  
Emerging Technologies ◽  
Smooth Transition ◽  
Technology Readiness ◽  
Technology Readiness Level ◽  
Readiness Level ◽  
Rapid Tests ◽  
Development Goals ◽  
Tremendous Importance ◽  
Climate Crisis ◽  
The Impact

Abstract IUPAC thrives to boost the impact of chemistry around the world. Recently, it established a new initiative—the Top Ten Emerging Technologies in Chemistry—to showcase the tremendous importance of the chemical sciences by highlighting developments on the verge of becoming game-changing commercial breakthroughs [1]. Some have been truly transformational for our society, such as RNA vaccines and rapid tests, both key technologies to enable a smooth transition to the new normal after the COVID-19 pandemic. This year, the Top Ten efforts continue—featuring a brand-new logo and further actions to disseminate and promote the project beyond this publication. The new selection of emerging technologies gathers both well-established, high-technology readiness level (TRL) applications and ground-breaking opportunities for the chemical industry. Of course, many of them still address the ongoing coronavirus crisis, focusing on new pharmaceutical solutions to prevent the spread of pathogens like SARS-CoV-2. Moreover, many tackle the climate crisis and provide new roadmaps to achieve the United Nations’ Sustainable Development Goals (SDGs) [2]. The consequences of global warming are here—heatwaves, floods, and wildfires devastate our planet constantly. Chemistry will provide pivotal tools towards a sustainable future [3], many included in this singular selection. IUPAC experts have selected the Top Ten Emerging Technologies in Chemistry 2021—ten ideas to catalyse industrial innovations and transform our world.

scholarly journals MENGOPTIMALKAN SUMBER DAYA ARKEOLOGI SEBAGAI DAYA TARIK WISATA UNTUK KETAHANAN BUDAYA (Studi Kasus Sumber Daya Arkeologi di Provinsi Papua) [Optimizing Tourisme Attractions for Cultural Endurance: A Case Study of Archaeological Resources in Papua]

2017 ◽  
Vol 8 (2) ◽  
pp. 162-178
Author(s):  
Ni Komang Ayu Astiti
Keyword(s):  
Oil And Gas ◽  
Positive Impact ◽  
Descriptive Analysis ◽  
Economic Benefits ◽  
Tourist Attraction ◽  
Market Demand ◽  
Literature Study ◽  
Negative Effects ◽  
The Government ◽  
The Impact

Development of the tourism sector contributes a sizeable foreign exchange after oil and gas, coal, and oil palm. The government has also set a target of 20 million foreign tourists visit and 275 local tourist movement In 2019. Entering the era of globalization the movement of people from one country and region more quickly because the distance is getting closer, so it supports the growth of tourism . These conditions have a positive impact on the economy and science and technology, but social change is very vulnerable to the Impact on the weakening of the resilience of culture in society. For that how to increase the resilience of culture by minimizing the negative effects of tourism development in the era of globalization in Papua is very important. Trend rating is currently more concerned about the quality of experience and a tendency to look for something unique and authentic and can not be found in the region or country. To meet market demand trends and this can be done by presenting archaeological resources in Papua as a tourist attraction. Optimizing the archaeological resources in Papua as a tourist attraction that can be empowered to improve the resilience of culture in addition to providing economic benefits is the goal of this research. The study was conducted with the literature study and survey and using descriptive analysis techniques - qualitative. From the results of analysis show that Papua has the potential archaeological resources can still be presented authenticity and contextualization. Unlock the value of cultural and archaeological resources significance in the present context to make it as a tourist attraction in Papua embryonic formation of a positive image and local identity as multi cultur values, solidarity, unity and unity, mutual assistance and proud of their own culture. AbstrakPembangunan sektor pariwisata membarikan kontribusi devisa yang cukup besar setelah minyak dan gas, batubara, dan keispa sawit. Pemerintah juga teiah menetapkan targat kunjungan 20 juta wisman dan 275 pergerakan wisatawan nusantara di tahun 2019. Memasuki era globallsal pergsrakan manusia dari suatu Negara dan daerah semakin cepat karena jarak semakin dekat, sehingga sangat mandukung pertumbuhan pariwisata. Kondisi ini mempunyai dampak positif di bidang ekonomi dan IPTEK, tetapi perubahan sosial sangat rentan yang berdampak pada melemahnya ketahanan budaya di masyarakaL Untuk itu bagaimana meningkatkan ketahanan budaya dengan meminimalisasi pengaruh negatif pembangunan pariwisata pada era globalisasi di Papua sangat periling dilakukan.Trend wisatawan saat ini lebih memperhatikan kualitas pengalaman dan kecenderungan untuk mencari sesuatu yang unik dan otentik serta tidak ditamukan di daerah atau negaranya.Untuk memenuhi trend dan permintaan pasar ini dapat dilakukan dengan menyajikan sumber daya arkeologi di Papua sabagai daya tank wisata. Mangoptimalkan sumber daya arkeologi di Papua sebagai daya tarik wisata agar dapat diberdayakan untuk meningkatkan ketahanan budaya masyarakat seiain msmberikan manfaat ekonomi merupakan tujuan dari panelitian ini. Penelitian dilakukan dengan studi pustaka dan survei serta menggunakan teknik anallsls deskriptif-kualitatif. Dari hasil analisis diketahui bahwa Papua mempunyai potansi sumber daya arkeologi masih Mengoptimalkan sumber daya arkeologi sebagai daya tarik wisata untuk ketahanan budaya

scholarly journals A Test Platform to Assess the Impact of Miniaturized Propulsion Systems

Aerospace ◽  
2020 ◽  
Vol 7 (11) ◽  
pp. 163
Author(s):  
Fabrizio Stesina ◽  
Sabrina Corpino ◽  
Daniele Calvi
Keyword(s):  
System Level ◽  
Technology Readiness ◽  
Propulsion Systems ◽  
Ground Support ◽  
Technology Readiness Level ◽  
Wide Range ◽  
Test Platform ◽  
Readiness Level ◽  
Electromagnetic Emissions ◽  
The Impact

Miniaturized propulsion systems can enable many future CubeSats missions. The advancement of the Technology Readiness Level of this technology passes through the integration in a CubeSat platform and the assessment of the impact and the interactions of the propulsion systems on the actual CubeSat technology and vice versa. The request of power, the thermal environmental, and the electromagnetic emissions generated inside the platform require careful analyses. This paper presents the upgraded design and the validation of a CubeSat test platform (CTP) that can interface a wide range of new miniaturized propulsion systems and gather unprecedented information for these analyses, which can be fused with the commonly used ground support equipment. The CTP features are reported, and the main achievements of the tests are shown, demonstrating the effective capabilities of the platform and how it allows for the investigation of the mutual interactions at system level between propulsion systems and the CubeSat technology.

scholarly journals The Impact of Corporate Social Responsibility on Corporate Performance - Evidence From Listed Companies in the Sports Industry in China

2018 ◽  
Vol 7 (4) ◽  
pp. 107
Author(s):  
Yanwu Li
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Corporate Performance ◽  
Listed Companies ◽  
Economic Benefits ◽  
Sports Industry ◽  
Corporate Social ◽  
The Impact ◽  
A Company

Maximizing profits has always been the goal and principle pursued in a company’s development. Based on this so-called business principle, companies often blindly pursue economic interests, leaving behind environmental protection and even labor rights and consumer interests, which cause many negative externalities. With the continuous development of the society and the economy, the society no longer evaluates the corporate performance of a company based on its financial performance alone. The society now expects a company not only to improve its financial performance, but also fulfill its social responsibility obligations. However, a large number of companies in China do not put their social responsibility in place. The expenditures on environmental governance, the rights of employees and small/medium investors, along with the intensity of public charity donations, are still unqualified. While the society strongly encourages companies to fulfill their social responsibility, some other parties believe that fulfilling corporate social responsibility increases the cost of a company, which consequently has a negative impact on the financial performance of the company. As a result, whether there is a need for companies to fulfill social responsibility, whether the economic benefits and corporate social responsibility are mutually antagonistic, and how companies should balance their own operations, management and fulfillment of social responsibility, need to be further studied.As an important part of the H-industry, the sports industry has a positive effect on optimizing the industrial structure, expanding domestic demand, and promoting employment. It has developed into a new long-term point in promoting urban economic development. However, at present, there has been little research on the capital management of listed companies in the sports industry. Therefore, based on the Chinese market environment, this paper listed investigates companies in the sports industry. It attempts to find out how the implementation of corporate social responsibility in the Chinese sports industry impacts the corporate performance. This paper uses panel data of 16 listed companies in the sports industry between 2009 and 2016, and rules out the possibility of spurious regression through a series of preliminary tests. Panel correction error model, asymptotic fixed effect model, super-efficiency DEA-Tobit model and threshold panel model are utilized to analyze the influence of fulfilling corporate social responsibility (CSR) on the corporate performance of listed companies in the sports industry in China.

Performance of OPT’s Commercial PB3 PowerBuoy™ During 2016 Ocean Deployment and Comparison to Projected Model Results

2017 ◽  
Author(s):  
Kourosh Parsa ◽  
Mike Mekhiche ◽  
Joseph Sarokhan ◽  
David Stewart
Keyword(s):  
Oil And Gas ◽  
Electrical Power ◽  
Oil And Gas Industry ◽  
Accelerated Life Testing ◽  
Technology Readiness ◽  
Gas Industry ◽  
Technology Readiness Level ◽  
Accelerated Life ◽  
Readiness Level ◽  
Performance Validation

This paper describes the validation process of a wave energy converter, the PB3, in support of achieving commercial ready status. The PB3 is a power and communication platform. It is a moored system which extracts useful electrical power from waves. The PB3 was developed for offshore remote autonomous applications such as the ones found in the oil and gas industry. Here, the results of full-scale ocean deployments of two PB3 PowerBuoys are reviewed in the context of final product performance validation, including power generation, and reliability. Furthermore, the Accelerated Life Testing of the PB3’s Power Takeoff (PTO) system is also discussed. A final Technology Readiness Level (TRL) is assessed based on API 17N TRL scale.

Consideration of Geopolitical Challenges within the Analysis of Geoenvironmental Risks for Oil and Gas Development of the Russian Arctic

2019 ◽  
Vol 16 (6) ◽  
pp. 50-59
Author(s):  
O. P. Trubitsina ◽  
V. N. Bashkin
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Optimal Operation ◽  
The Arctic ◽  
Stage Model ◽  
Oil And Gas Development ◽  
Gas Industry ◽  
The Impact ◽  
Further Development ◽  
Geopolitical Risks

The article is devoted to the consideration of geopolitical challenges for the analysis of geoenvironmental risks (GERs) in the hydrocarbon development of the Arctic territory. Geopolitical risks (GPRs), like GERs, can be transformed into opposite external environment factors of oil and gas industry facilities in the form of additional opportunities or threats, which the authors identify in detail for each type of risk. This is necessary for further development of methodological base of expert methods for GER management in the context of the implementational proposed two-stage model of the GER analysis taking to account GPR for the improvement of effectiveness making decisions to ensure optimal operation of the facility oil and gas industry and minimize the impact on the environment in the geopolitical conditions of the Arctic.The authors declare no conflict of interest

The Role of Web Based Accounting Online System 2.0 as the Company's Income and Expense Management

2017 ◽  
Vol 1 (1) ◽  
pp. 44-49
Author(s):  
Nur Azizah ◽  
Dedeh Supriyanti ◽  
Siti Fairuz Aminah Mustapha ◽  
Holly Yang
Keyword(s):  
Financial Management ◽  
Accounting System ◽  
Bank Account ◽  
Web Based ◽  
Online System ◽  
Version 2.0 ◽  
User Friendly ◽  
The Impact ◽  
A Company

In a company, the process of income and expense of money must have a profit-generating goal base. The success of financial management within the company, can be monitored from the ability of the financial management in managing the finances and utilize all the opportunities that exist with as much as possible with the aim to control the company's cash (cash flow) and the impact of generating profits in accordance with expectations. With a web-based online accounting system version 2.0, companies can be given the ease to manage money in and out of the company's cash. It has a user friendly system with navigation that makes it easy for the financial management to use it. Starting from the creation of a company's cash account used as a cash account and corporate bank account on the system, deletion or filing of cash accounts, up to the transfer invoice creation feature, receive and send money. Thus, this system is very effective and efficient in the management of income and corporate cash disbursements.   Keywords:​Accounting Online System, Financial Management, Cash and Bank

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