Integration between RCM and RAM: a case study

2016 ◽  
Vol 33 (6) ◽  
pp. 852-880 ◽  
Author(s):  
Ilaria De Sanctis ◽  
Claudia Paciarotti ◽  
Oreste Di Giovine
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Practical Method ◽  
Environmental Safety ◽  
Gas Industry ◽  
Content Type ◽  
Availability Analysis ◽  
Plant Safety ◽  
Offshore Industry

Purpose – The purpose of this paper is to propose a practical method of performing maintenance in the offshore industry where engineers have to manage problems such as the high cost of operations, assuring an high availability of the plant, safety on board and environmental protection. Indeed an efficient maintenance method it is necessary in order to offer methods and criteria to select the rights maintenance strategies keeping in to account the environmental, safety and production constrains. Design/methodology/approach – The paper provides an overview of reliability centered maintenance (RCM) and reliability, availability, maintainability methodologies and an integration of the two methodologies in a particular case study in the oil and gas sector. Findings – This paper suggests an improvement of the well-established RCM methodology applicable to industries with high priority level. It is proposed an integration between a reliability analysis and an availability analysis and an application on the offshore oil and gas industry. Practical implications – The methodology provides an excellent tool that can be utilized in industries, where safety, regulations and the availability of the plant play a fundamental role. Originality/value – The proposed methodology provides a practical method for selecting the best maintenance strategy considering the equipment redundancy and sparing, the asset’s performance over long time scales, and the system uptime, downtime and slowdowns.

De-escalation strategies for kleptocracy in Nigeria’s oil sector

2020 ◽  
Vol 27 (3) ◽  
pp. 821-834
Author(s):  
Vasudev Das
Keyword(s):  
Oil And Gas ◽  
Qualitative Case Study ◽  
Self Regulation ◽  
Oil And Gas Industry ◽  
Self Control ◽  
Added Value ◽  
Gas Industry ◽  
Content Type ◽  
Study Results

Purpose The purpose of this qualitative case study is to explore strategies for the de-escalation of kleptocracy in Nigeria’s oil and gas industry. Design/methodology/approach The author used a qualitative case study to facilitate the generation of data from eight research participants in semi-structured open-ended interviews. Findings The themes that emerged from analysis of interview transcriptions were high self-control, traditional African oath of office, whistleblowing, stiffer penalties for corrupt officials, education and training, self-regulation and sonic therapeutic intervention. Research limitations/implications Interviewees might withhold information regarding their insights on strategies for de-escalating kleptocracy. That was beyond my control. Practical implications The study results provided leaders with insightful comprehension of anti-kleptocracy policy in the oil and gas industry. Therefore, leaders would benefit and advance their decision-making process on the development and implementation of an anti-kleptocracy strategy to revamp the financial value of the oil and gas industry in Nigeria. Social implications The results of the study have the potential to contribute to positive social change by enlightening government leaders and anti-corruption agencies on strategies to de-escalate kleptocracy in the oil and gas industry. Originality/value The study’s uniqueness enabled filling the gap in financial crime literature as well as an added value to the applied management and decision sciences domain.

Engaged and energized in the Energy industry

2016 ◽  
Vol 4 (3) ◽  
pp. 345-379 ◽  
Author(s):  
Reimara Valk ◽  
Sandra Hannon
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Energy Industry ◽  
Line Managers ◽  
Gas Industry ◽  
Content Type ◽  
Organisational Context ◽  
The Individual ◽  
Integration Stage

Purpose The purpose of this paper is to explore engagement of flexpatriates on rotational and regular field assignments in the energy industry, theoretically grounded in the “Four Fundamental Pillars of Engagement”. Design/methodology/approach In an exploratory case study within a global organisation in the energy industry, in a post-merger/acquisition integration stage, the authors interviewed 24 rotational and regular field assignees of seven different nationalities, residing at nine different global locations. Findings The results of the case study show that the following newly identified drivers within the “Four Fundamental Pillars of Engagement” are crucial for engagement of flexpatriate rotational and regular field assignees in the energy industry: information, communication and technology; training, learning and growth; support from colleagues and line managers (“capacity to engage”); job ownership/control; respect, recognition and appreciation (“reason to engage”); freedom to be creative and innovative; pride and promises; client satisfaction (“freedom to engage”); alignment between the organisation and the individual (“alignment to engage”), especially in a post-merger and acquisition (M&A) organisational context during a downturn in the oil and gas industry. Research limitations/implications The case study focused on rotational assignees from one particular organisation in the energy industry, which restricts the generalisability of the findings on engagement of rotational assignees to other organisations, industries and geographies. Practical implications Organisations in the energy industry that actively promote engagement of rotational assignees, especially during the post-M&A integration stage and economic turmoil, will strengthen their sustainable global competitive advantage. Originality/value The contribution of this paper is that it presents a refinement and expansion of the drivers of engagement within the “Four Fundamental Pillars of Engagement”, conceptualised in an international post-M&A organisational context during a downturn in the oil and gas industry.

Identifying Key Safety Culture Factors for the Offshore Industry

2021 ◽  
Author(s):  
Ning Lou ◽  
Ezra Wari ◽  
James Curry ◽  
Kevin McSweeney ◽  
Rick Curtis ◽  
...  
Keyword(s):  
Safety Culture ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Transportation Safety ◽  
Key Factors ◽  
Gas Industry ◽  
The Us ◽  
Offshore Industry ◽  
Offshore Oil And Gas ◽  
Offshore Oil

This research identifies key factors, or safety culture categories, that can be used to help describe the safety culture for the offshore oil and gas industry and develop a comprehensive offshore safety culture assessment toolkit for use by the US Gulf of Mexico (GoM) owners and operators. Detailed questionnaires from selected safety culture frameworks of different industries were collected and analyzed to identify important safety culture factors and key questions for assessment. Safety frameworks from different associations were investigated, including the Center for Offshore Safety (COS), Bureau of Safety and Environmental Enforcement (BSEE), and the National Transportation Safety Board (NTSB). The safety culture factors of each of these frameworks were generalized and analyzed. The frequency of the safety culture factors in each framework was analyzed to explore commonality. The literature review and analysis identified a list of common factors among safety culture frameworks.

Value Co-Creation Practices in the Decommissioning of Offshore Platforms: A Case Study Approach

2021 ◽  
pp. 239496432110320
Author(s):  
Francesca Loia ◽  
Vincenzo Basile ◽  
Nancy Capobianco ◽  
Roberto Vona
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Future Research ◽  
Offshore Platforms ◽  
Gas Industry ◽  
Study Approach ◽  
Collaborative Interactions ◽  
Exploratory Approach ◽  
Italian Context

Over the years, value co-creation practices have become increasingly more important by supporting collaborative interactions and the achievement of sustainable and mutual competitive advantage between the ecosystem’ actors. In this direction, the oil and gas industry is proposing a sustainable re-use of offshore platforms based on value co-creation and resources exchange between the actors involved. According to this consideration, this work aims at re-reading the decommissioning of offshore platforms in the light of value co-creation practices, trying to capture the factors that governments and companies can leverage to pursue a sustainable development of local communities. To reach this goal, this work follows an exploratory approach by using, in particular, the case study. Specifically, one of the most notably projects in the Italian context have been chosen, the Paguro platform, in order to provide empirical insights into the nature of these value co-creation processes. Five value co-creation practices have been identified which highlight the importance of synergistic efforts of institutions, companies and technology-based platforms for improving the ability to co-create and capture value in the process of decommissioning. This exploratory work establishes a foundation for future research, and offers theoretical and managerial guidance in this increasingly important area.

ENVIRONMENTAL DRILLING SOLUTIONS ON THE POLYMERIC BASIS

2020 ◽  
Author(s):  
E.A. Flik ◽  
◽  
Y.E. Kolodyazhnaya
Keyword(s):  
Oil And Gas ◽  
Drilling Fluid ◽  
Oil And Gas Industry ◽  
Environmental Safety ◽  
Drilling Fluids ◽  
Gas Industry ◽  
Fluid Systems ◽  
Water Based

The article assesses the environmental safety of drilling fluids that are currently widely used in the oil and gas industry. It shows active development of water-based drilling fluid systems using xanthan biopolymer.

A perfect storm: how high levels of risk and weak internal controls resulted in violations of the foreign corrupt practices act

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Diana Franz
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
International Markets ◽  
Internal Controls ◽  
Strategic Decision ◽  
Department Of Justice ◽  
Gas Industry ◽  
Foreign Corrupt Practices Act ◽  
Content Type ◽  
Perfect Storm

Theoretical basis This case is based on Weatherford International’s settlement with the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ). Both the SEC and the DOJ were critical of Weatherford for its violations of the Foreign Corrupt Practices Act and for its “inadequate internal controls.” This case explores the Foreign Corrupt Practices Act (FCPA) violations and issues related to internal controls. Research methodology Case study. Case overview/synopsis This case is based on Weatherford International’s settlement with the SEC and the Department of Justice. Weatherford provided equipment and services in the oil and gas industry. Because international markets were growing faster than domestic markets, Weatherford made a strategic decision to pursue growth in international markets. The oil and gas industry has high levels of operating risk as did the countries that Weatherford decided to pursue operations in. However, despite the decision to take on additional risk, Weatherford failed to implement adequate systems of internal controls. The title of the case “A Perfect Storm” refers to Weatherford’s trifecta of operating in an industry with high levels of corruption risk, countries with high levels of corruption risk and failing to implement adequate internal controls despite those high operating risks (Department of Justice, 2013). Weatherford was ultimately assessed a $152m penalty for its violations of the FCPA that included bribery, volume discounts, improper payments and kickbacks. Complexity academic level Undergraduate and graduate auditing classes.

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