Impact of Horizontal Mergers on Supply Chain Performance: The Case of the Upstream Oil and Gas Industry

2022 ◽  
pp. 107659
Author(s):  
Abdalla ALNAQBI ◽  
Fikri DWEIRI ◽  
Amin CHAABANE
Keyword(s):  
Supply Chain ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Supply Chain Performance ◽  
Horizontal Mergers ◽  
Gas Industry

PLANNING OF SALES AND OPERATIONS (S&OP) AS A TOOL FOR OPTIMIZING THE PROCESS OF MATERIAL AND TECHNICAL SUPPORT OF THE OIL AND GAS COMPLEX

2021 ◽  
Vol 2 (1) ◽  
pp. 11-16
Author(s):  
Milena Vladimirovna Zagrebelskaya ◽  
Keyword(s):  
Supply Chain ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Technical Support ◽  
Integrated Planning ◽  
Gas Industry ◽  
Operations Planning ◽  
Information Logistics ◽  
Modern Information ◽  
Oil And Gas Enterprises

The article providesthe main problems of oil and gas enterprises in the supply chains in the loop of procurement based onexample of Uzbekneftegaz. The possibilities of modern information logistics technologies in solving the above problems are reflected. The author's model of integratedplanning based on the logistics technology Sales & Operations Planning, taking into account the peculiarities of the oil and gas industry, is proposed for implementation at oil and gas enterprises in order to improve the efficiency of the planning and implementation of business processes.Key Words:logistics, supply chain, sales and operations planning, S&OP, oil and gas complex, integrated planning

scholarly journals 3PL provider selection in oil and gas industry using the analytic hierarchy process: A case study in oil-field services company X

2020 ◽  
Vol 9 (1) ◽  
Author(s):  
Nguyen Thi Duc Nguyen ◽  
Le Tran Chinh
Keyword(s):  
Supply Chain ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Oil Field ◽  
Analytic Hierarchy ◽  
Software Support ◽  
Gas Industry ◽  
Expert Choice ◽  
The Right ◽  
Outsourcing Logistics

This study aims to: (1) Summarize the criteria for selecting 3PL Provider in supply chain management from literature review and apply these criteria to build the criteria model in choosing 3PL Provider for oilfield services company X for the purpose of expanding their market in the oil and gas industry and (2) Analyze, evaluate two 3PL Providers, along with a new 3PL Provider and suggest the strategy for selecting the suitable 3PL Provider to meet the specific requirements from company X. By arranging in-depth interviews with ten people with different positions, including Operation Manager, Supply Chain Manager, Logistics Manager, Base Manager and Logistics Specialist, along with AHP approach and expert choice 11.0 software support in collecting, processing and synthesizing data to evaluate and determine the appropriate 3 PL Provider for company X. In this study, three 3PL Providers have been chosen for analyzing and evaluating – 3PL Providers A, B, and C. The final results demonstrate that there are six main criteria and 13 sub-criteria in choosing 3PL Provider for oilfield services company X. The six main criteria are Performance, Price, Services, Quality assurance, IT system and Intangible values. The results and hypothetical situations have also been presented and discussed again with the expert logistics group to get their feedback about the practicability of the built model. The expert logistics group has agreed that the built criteria model and results are appropriate and adequate for evaluating and selecting a suitable 3PL Provider from the company’s specific demands. Consequently, this study can also be applied for similar purposes in other companies and shipping agents who need to work with outsourcing logistics services in oil and gas industry by using this built criteria model and synthesis results to find out the right decision for selecting 3PL Provider.

scholarly journals Material Requirement Planning and Supply Chain Performance of Oil and Gas Firms in Rivers State, Nigeria

2021 ◽  
Vol 6 (2) ◽  
pp. 10-25
Author(s):  
Oluwarotimi Akintokunbo ◽  
Otonye Obom
Keyword(s):  
Supply Chain ◽  
Data Collection ◽  
Sample Size ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Supply Chain Performance ◽  
Material Requirement Planning ◽  
Material Requirement ◽  
Oil And Gas Firms ◽  
Rivers State

Purpose: This study examined the relationship between material requirement planning and supply chain performance of Oil and Gas firms in Rivers State, Nigeria. Methodology: The study adopted an explanatory research design with a causal type of investigation. Both primary and secondary methods of data collection were used to obtain relevant data for analysis. The instrument of data collection employed was the questionnaire. The study population comprised of two hundred and ninety-three (293) oil and gas servicing firms operating in Rivers State as enlisted in the Nigerian oil and gas industry annual report (2020). The sample size for the study comprised 149 oil and gas firms in Port Harcourt, Rivers state. The sample size was determined using the Taro Yamene formula. Furthermore, the researcher selected one management staff from each of the oil and gas firms operating in Rivers State as respondents for the study hence a total of one hundred and forty nine (149) respondents were used for the study. The data was analyzed using the Pearson’s Product Moment Correlation statistic through the aid of statistical packages for social science version 23.0. Findings: The result of the study revealed the existence of significant and positive relationship between material requirement planning and supply chain performance of oil and gas firms in Rivers State. Recommendation: The researcher concluded that material requirement planning affect supply chain performance of oil and gas firms in Rivers state and therefore recommended that managers of oil and gas firms should strategically manage their material and inventory processes in other to improve their supply chain performance.  

Development of Global Contract for In-Line Inspection

2008 ◽  
Author(s):  
Stephen R. Gower ◽  
Jude Moore
Keyword(s):  
Supply Chain ◽  
Best Practice ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Successful Implementation ◽  
Gas Industry ◽  
The World ◽  
Exploration And Production ◽  
Process Work ◽  
The Right

In-Line inspection has increasingly been used across the oil and gas industry over the past 30 years as a key part of pipeline integrity programmes. Whilst the industry has started to develop standards through the ILI Association and the Pipeline Operators Forum the way in which the industry selects tools and contractors has not developed to the same extent. A significant amount of time is spent managing the procurement process rather than focusing on the selection of the right tools and ensuring they perform to expectations. The challenge is further exacerbated when operations are dispersed globally and involve many different operating relationships. BP has been a user of ILI technology since its introduction in the late 1970s and it has consistently grown in importance to BP in managing the integrity of an aging pipeline asset base. In 2006/2007 BP’s Exploration and Production Technology Group (EPTG) in conjunction with the Procurement and Supply Chain Management group (PSCM) carried out a review of its procurement arrangements across the globe for pipeline ILI to ascertain best practice and capture key lessons. It also gathered experience from other strategic long term supply chain initiatives around the BP Group to help inform and develop the ILI strategy. Early discussions held with ILI Suppliers confirmed that, whilst regional frameworks have been in place in some countries, extending this to a global operation would be breaking new ground in engaging ILI services and would be of benefit to both ends of the supply chain. The process not only needed to follow rigorous supply chain procedures that would meet EU Procurement Directives and BP Group requirements, it also had to meet the specific requirements of many Countries around the world. It was recognised that flexibility would be required to accommodate the introduction of new tools, developing technology and accommodate new areas of operation. BP also wanted to stimulate continuous improvement in ILI tool performance and application of innovative improved technology. More significantly a key objective of the Global Contract was to drive inspection quality and consistency, whilst maintaining a competitive but equitable pricing strategy. Successful implementation was not just about delivering a contract scope of work; it required the development of relationships and a common understanding so that when problems arise they can be resolved quickly and efficiently. This required a significant amount of work engaging both the ILI Contractors and Operating Units across the world in the process. Work on developing the Global ILI Contract was successfully concluded with contract awards in late 2007. The paper explores some of the challenges, lessons learnt and benefits of developing a Global Contract for ILI.

Implementing Cognitive Procurement and its Influence on Supply Chain During the Era of Digital Transformation in Oil and Gas Industry 4.0

2021 ◽  
Author(s):  
Manoj Kannankutty ◽  
Aditya Manoj Menon
Keyword(s):  
Supply Chain ◽  
Industry 4.0 ◽  
Online Survey ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Digital Transformation ◽  
Loop Model ◽  
Human Machine Interaction ◽  
Gas Industry ◽  
The Impact

Abstract The digital transformation is key for every oil and gas organization to implement its fourth industrial revolution (Industry 4.0). Digital transformation in procurement uses artificial intelligence, big data, market intelligence, etc. to create self-learning systems; for the procurement of goods and services. This is also known as cognitive procurement or procurement 4.0. The objective of this paper is to examine the methods of implementing cognitive procurement, the impact it creates in the procurement life cycle, and in the supply chain. The paper also provides insight into three governance models of human-machine interaction that is implemented in stages based on procurement requirement and technology adoption maturity of the organization.Human-in-the-loop modelHuman on-the-loop modelHuman out-of-loop model The data for this study is obtained by preparing a list of relevant questions from multiple sources. An online survey questionnaire is sent to the procurement professionals in different organizations in the oil and gas industry. The questions reveal procurement expert's responses for:Potential challenges for the digital transformation in procurement and supply chain.Methods of enabling technologies to leverage procurement procedures and processes. The results and the observations of the study are used to measure the benefits of implementing cognitive procurement in the oil and gas industry 4.0. The new transformed roles of procurement for industry 4.0 are also discussed in the conclusion, which includes:Daily activitiesProcurement decision-making activitiesStrategic SourcingProcurement to drive organizational profitability, effectiveness and efficiency The paper will benefit oil and gas organizations that are planning to implement cognitive procurement as part of the digital transformation. The paper will also benefit any parties interested in understanding more about cognitive procurement.

Application of LEAN Supply Chain Management as a Panacea to Sustainable Future Profitability in the Nigerian Oil and Gas Industry

2021 ◽  
Author(s):  
Obaro Jerry Ugolo
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Online Survey ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Oil Price ◽  
Annual Reports ◽  
Gas Industry ◽  
Chain Management ◽  
Lean Supply Chain

Abstract The Nigeria oil and gas industry is a highly capital intensive market. with possibility of high profit or great losses. Oil price trends over the last 3 decades shows cyclical and relatively high volatility. This is due to geopolitical and economic factors including dollar value, governments and organizations (like OPEC's actions), that influence global supply and demand. In 2020, due to the COVID-19 crises, public health became a key factor influencing oil price (due to its severe adverse impact on demand). Studies have shown that even an increase in production volumes will not be able to bring about profitability in the industry. Clearly, management of costs including a lean supply chain that ensures that material/services for production are available at the right price and time is critical for the profitability of future oil and gas supply. Oil producing firms require an optimum supply level of material and services to competitively deliver its end-product. This paper discusses the effect of LEAN supply chain management on the profitability of oil & gas firms in Nigeria. It also appraises the relationship between lean processes and operational efficiency of oil and gas producing companies. Using quantitative and descriptive research design methods, an online survey has been used to gather information from respondents from different oil and gas companies. Secondary data was also obtained from annual reports of relevant companies to show their crude oil production levels vis-à-vis profitability over a five-year period. Based on analysis of information received from the research conducted, it has been recommended that better supply related collaboration between the organizations in the industry is necessary for sustained profitability. Companies need to link upstream and downstream flows of products, services and information to help reduce costs, wastages and ensure profitability. In, line with this, steps have been proferred to establish lean processes for organization. The researcher concludes that established industry-wide lean supply chain management processes and practices and collaboration e critical to competiveness and sustainable profitability in the oil and gas industry.

A model of service supply chain sustainability assessment using fuzzy methods and factor analysis in oil and gas industry

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Davood Naghi Beiranvand ◽  
Kamran Jamali Firouzabadi ◽  
Sahar Dorniani
Keyword(s):  
Factor Analysis ◽  
Supply Chain ◽  
Performance Assessment ◽  
Conceptual Model ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Content Type ◽  
Service Supply Chain ◽  
Proposed Model

Purpose The main objective of this study is to present a conceptual model of sustainable product service supply chain (SPSSC) performance assessment in the oil and gas industry. Design/methodology/approach Based on an in-depth study of the previous literature, the indicators related to PSSC performance assessment were determined. Then, exploratory factor analysis and confirmatory factor analysis were applied to identify and confirm the sub-criteria and criteria pertaining to the proposed model. Findings The obtained results identify ten criteria related to the proposed model as follows: “Environmental performance”, “Customer performance”, “financial performance”, “Information technology Performance”, “Social Performance”, “Risk performance”, “Logistics performance”, “Operational performance”, “Organizational performance” and “performance of innovation and growth”. Research limitations/implications As the present research was conducted in the Iranian context, caution should be taken regarding the generalizability of the obtained results. Originality/value Based on a set of the identified criteria, this study proposes a conceptual model of the PSSC performance assessment in the oil and gas industry which hopefully could be useful for other organizations in this industry and other organizations in other parts of the world.

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