scholarly journals Economic Security of Oil Industry: Mechanisms of Partner Management and Monitoring

2021 ◽  
pp. 22-30
Author(s):  
Natalya Pazdnikovа ◽  
◽  
Alena Arbuzovа ◽  
Keyword(s):  
Oil And Gas ◽  
Negative Impact ◽  
Oil Industry ◽  
Oil And Gas Industry ◽  
Economic Security ◽  
Security Level ◽  
Clear Understanding ◽  
Security Measures ◽  
State Support ◽  
Theoretical Approaches

The transformation of the oil and gas industry is caused by the emerging global situation and threats to the economic security of the agents caused by negative factors. The purpose of the article is to show the need to address the negative impact of external and internal factors on the oil and gas sector, which will give a clear understanding of the effectiveness of state support mechanisms for companies in this area. The authors’ research was carried out on the basis of indicative and normative analysis, program-targeted and expert methods, which made it possible to assess the security level of one of the agents. The methods used present the systemic ideology of studying the economic security of one of the key sectors in the economy, based on identification and assessments. The main results of research are as follows: theoretical approaches to the study of economic security of the agents are determined; of the studied issues are presented; methodological algorithm for identification of threats and assessment of their level is suggested and tested; key factors of negative impact, including those manifested in the pandemic conditions, are highlighted. The scientific results of the conducted research demonstrate a low level of economic security of the oil industry agents and the loss of protection from various kinds of threats. The assumption that the level of economic security of the agent reflects the efficiency of its functioning is reliable, and the peculiarities of factor influence determine the nature of possible threats. The main conclusions of the authors prove the need in the state support for companies in the oil industry and the formation of an effective system for ensuring the economic security of its activities, taking the existing partner practice and preventive security measures into account. An effective security system allows you to successfully monitor and make correct decisions under conditions of economic uncertainty.

Nanoemulsions: A Versatile Technology for Oil and Gas Applications

2021 ◽  
Author(s):  
Nouf AlJabri ◽  
Nan Shi
Keyword(s):  
Droplet Size ◽  
Large Scale ◽  
Oil And Gas ◽  
Volume Fraction ◽  
Oil Industry ◽  
Oil And Gas Industry ◽  
High Energy ◽  
Small Droplet ◽  
Gas Industry ◽  
Wide Range

Abstract Nanoemulsions (NEs) are kinetically stable emulsions with droplet size on the order of 100 nm. Many unique properties of NEs, such as stability and rheology, have attracted considerable attention in the oil industry. Here, we review applications and studies of NEs for major upstream operations, highlighting useful properties of NEs, synthesis to render these properties, and techniques to characterize them. We identify specific challenges associated with large-scale applications of NEs and directions for future studies. We first summarize useful and unique properties of NEs, mostly arising from the small droplet size. Then, we compare different methods to prepare NEs based on the magnitude of input energy, i.e., low-energy and high-energy methods. In addition, we review techniques to characterize properties of NEs, such as droplet size, volume fraction of the dispersed phase, and viscosity. Furthermore, we discuss specific applications of NEs in four areas of upstream operations, i.e., enhanced oil recovery, drilling/completion, flow assurance, and stimulation. Finally, we identify challenges to economically tailor NEs with desired properties for large-scale upstream applications and propose possible solutions to some of these challenges. NEs are kinetically stable due to their small droplet size (submicron to 100 nm). Within this size range, the rate of major destabilizing mechanisms, such as coalescence, flocculation, and Ostwald ripening, is considerably slowed down. In addition, small droplet size yields large surface-to-volume ratio, optical transparency, high diffusivity, and controllable rheology. Similar to applications in other fields (food industry, pharmaceuticals, cosmetics, etc.), the oil and gas industry can also benefit from these useful properties of NEs. Proposed functions of NEs include delivering chemicals, conditioning wellbore/reservoir conditions, and improve chemical compatibility. Therefore, we envision NEs as a versatile technology that can be applied in a variety of upstream operations. Upstream operations often target a wide range of physical and chemical conditions and are operated at different time scales. More importantly, these operations typically consume a large amount of materials. These facts not only suggest efforts to rationally engineer properties of NEs in upstream applications, but also manifest the importance to economically optimize such efforts for large-scale operations. We summarize studies and applications of NEs in upstream operations in the oil and gas industry. We review useful properties of NEs that benefit upstream applications as well as techniques to synthesize and characterize NEs. More importantly, we identify challenges and opportunities in engineering NEs for large-scale operations in different upstream applications. This work not only focuses on scientific aspects of synthesizing NEs with desired properties but also emphasizes engineering and economic consideration that is important in the oil industry.

Artificial Intelligence and Robotics in the Oil Industry: Will it Take My Job?

2021 ◽  
Author(s):  
Armstrong Lee Agbaji
Keyword(s):  
Artificial Intelligence ◽  
Oil And Gas ◽  
New Technologies ◽  
Oil Industry ◽  
Oil And Gas Industry ◽  
Human Robot Interaction ◽  
Gas Industry ◽  
Deep Dive ◽  
The Future ◽  
And Robotics

Abstract Historically, the oil and gas industry has been slow and extremely cautious to adopt emerging technologies. But in the Age of Artificial Intelligence (AI), the industry has broken from tradition. It has not only embraced AI; it is leading the pack. AI has not only changed what it now means to work in the oil industry, it has changed how companies create, capture, and deliver value. Thanks, or no thanks to automation, traditional oil industry skills and talents are now being threatened, and in most cases, rendered obsolete. Oil and gas industry day-to-day work is progressively gravitating towards software and algorithms, and today’s workers are resigning themselves to the fact that computers and robots will one day "take over" and do much of their work. The adoption of AI and how it might affect career prospects is currently causing a lot of anxiety among industry professionals. This paper details how artificial intelligence, automation, and robotics has redefined what it now means to work in the oil industry, as well as the new challenges and responsibilities that the AI revolution presents. It takes a deep-dive into human-robot interaction, and underscores what AI can, and cannot do. It also identifies several traditional oilfield positions that have become endangered by automation, addresses the premonitions of professionals in these endangered roles, and lays out a roadmap on how to survive and thrive in a digitally transformed world. The future of work is evolving, and new technologies are changing how talent is acquired, developed, and retained. That robots will someday "take our jobs" is not an impossible possibility. It is more of a reality than an exaggeration. Automation in the oil industry has achieved outcomes that go beyond human capabilities. In fact, the odds are overwhelming that AI that functions at a comparable level to humans will soon become ubiquitous in the industry. The big question is: How long will it take? The oil industry of the future will not need large office complexes or a large workforce. Most of the work will be automated. Drilling rigs, production platforms, refineries, and petrochemical plants will not go away, but how work is done at these locations will be totally different. While the industry will never entirely lose its human touch, AI will be the foundation of the workforce of the future. How we react to the AI revolution today will shape the industry for generations to come. What should we do when AI changes our job functions and workforce? Should we be training AI, or should we be training humans?

Applied Mechanics Problems in the Oil and Gas Industry

1986 ◽  
Vol 39 (11) ◽  
pp. 1687-1696 ◽  
Author(s):  
Jean-Claude Roegiers
Keyword(s):  
Oil And Gas ◽  
Petroleum Industry ◽  
Oil Industry ◽  
Oil And Gas Industry ◽  
Production Equipment ◽  
Paper Briefly ◽  
Research Activity ◽  
Gas Industry ◽  
Well Production ◽  
Current Research Activity

The petroleum industry offers a broad spectrum of problems that falls within the domain of expertise of mechanical engineers. These problems range from the design of well production equipment to the evaluation of formation responses to production and stimulation. This paper briefly describes various aspects and related difficulties with which the oil industry has to deal, from the time the well is spudded until the field is abandoned. It attempts to delineate the problems, to outline the approaches presently used, and to discuss areas where additional research is needed. Areas of current research activity also are described; whenever appropriate, typical or pertinent case histories are used to illustrate a point.

scholarly journals Impact of Operational Research on Performance Control of a Project in the Oil and Gas Industry

2020 ◽  
Vol 5 (3) ◽  
pp. 320-326
Author(s):  
Ionut Nica
Keyword(s):  
Oil And Gas ◽  
Raw Materials ◽  
Oil Industry ◽  
Oil And Gas Industry ◽  
Industrial Area ◽  
Petroleum Products ◽  
Successful Implementation ◽  
Human Society ◽  
Current Configuration ◽  
Extraction Refining

The explosive development of the human society in contrast to the limited character of resources determines the need for successful implementation of mathematic models in the decision-making process concerning the use of available resources. The oil industry includes a series of global processes such as mining, extraction, refining, transport (road, rail, ship and pipeline) and oil products. The products of this industry with the highest degree of utilization are gasoline and diesel but the portfolio is much broader, kerosene, bitumen, fuel and raw materials for other chemicals such as solvents, pesticides, fertilizers and materials plastic. The oil industry comprises three major areas: "upstream" extraction; refining - "midstream" and transportation and marketing of downstream products. In most cases refining is considered to be part of downstream, Oil and petroleum products are essential for many industries and their importance is vital in maintaining and developing the industrial area in the current configuration.

scholarly journals STATUS AND EVALUATION OF DEVELOPMENT EFFECTIVENESS WORLD OIL EXPORTERS

2020 ◽  
pp. 19-24
Author(s):  
Х. Р. Асхабов ◽  
Р. И. Ахъядов ◽  
Ю. Х. Тарамов ◽  
А. А. Эльмурзаев
Keyword(s):  
Oil And Gas ◽  
Oil Industry ◽  
Oil And Gas Industry ◽  
The United States ◽  
Successful Development ◽  
Gas Industry ◽  
Modern Times ◽  
Development Effectiveness ◽  
The Russian Federation ◽  
Effective Development

В современное время нефтегазовая отрасль обладает большим потенциалом для развития экономики, благодаря чему ее регулированию уделяется внимание на международном уровне. К примеру, стоит упомянуть Организацию стран - экспортеров нефти, которая была создана нефтедобывающими странами в целях контроля квот добычи на нефть. Актуальность публикации заключается в том, что на сегодняшний день нефтяная отрасль продолжает оказывать значительное влияние на экономику стран, чье устойчивое развитие определяется успешным развитием нефтяной промышленности. Рассмотреть, проанализировать и обозначить, на наш взгляд, перспективы эффективного развития отраслей нефтяной промышленности Российской Федерации, по сравнению с развитием нефтяной промышленности гигантов данной отрасли - Саудовской Аравии и Соединенных Штатов Америки, явилось целью исследования в данной статье. In modern times, the oil and gas industry has great potential for the development of the economy, due to which its regulation is paid attention at the international level. For example, it is worth mentioning the Organization of Petroleum Exporting Countries, which was established by oil-producing countries to control oil production quotas. The relevance of the publication is that today the oil industry continues to have a significant impact on the economies of countries whose sustainable development is determined by the successful development of the oil industry. To consider, analyse and outline, in our opinion, the prospects for the effective development of the oil industries of the Russian Federation, in comparison with the development of the oil industry of the following giants of this industry of Saudi Arabia and the United States of America, was the purpose of the study in this article.

Developing vietnam's oil and gas industry in association with energy and economic security in the international integration period

2021 ◽  
Vol 11 ◽  
pp. 55-61
Author(s):  
Thuong San Ngo
Keyword(s):  
Energy Balance ◽  
Energy Demand ◽  
Oil And Gas ◽  
Renewable Resource ◽  
Oil And Gas Industry ◽  
Primary Energy ◽  
Economic Security ◽  
Total Production ◽  
State Budget ◽  
Gas Industry

Oil and gas is a non-renewable resource that plays an important role in the economy. It is forecasted that by the middle of the twenty-first century, oil and gas still holds the leading position in primary energy balance in many countries. The world energy consumption in 2020 was over 4.1 billion tons of oil and 3,853 billion m3 of gas [1]. During 60 years of construction and development, Vietnam's oil and gas industry has made important contributions to the economy, especially helping the country overcome the energy crisis and budget deficit in the 1990s. By the end of 2020, the total production amounted to over 424 million tons of oil and condensate, and over 160 billion m3 of gas; at one time even contributing nearly 30% of the State budget and 22 - 25% of the GDP. Especially, the formation of important coastal petroleum industrial zones and oil and gas projects on the continental shelf have contributed to ensuring national sovereignty and national security. The demand for oil and gas in the energy balance increases rapidly with the speed of socio-economic development. It is forecasted that in the near future, Vietnam will no longer be self-sufficient in supply and must import completely to meet the country's energy demand. In parallel with proactively implementing urgent technical and technological solutions, Vietnam's oil and gas industry needs mechanisms to increase reserves and maintain oil and gas output, as well as prepare the next steps for transition to energy forms with low greenhouse gas emissions and renewable energy.

Turning potential collision into cooperation in Ghana’s oil industry

2015 ◽  
Vol 10 (2) ◽  
pp. 118-131 ◽  
Author(s):  
Kwesi Amponsah-Tawiah ◽  
Kwasi Dartey-Baah ◽  
Kobena Osam
Keyword(s):  
Oil And Gas ◽  
Oil Industry ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Content Type ◽  
Oil Companies ◽  
Critical Issues ◽  
Oil Sector ◽  
Stakeholder Interactions ◽  
Corporate Social

Purpose – This paper aims to examine the potential impact of the presence of oil resource on the Ghanaian society. Specifically, the paper investigates the relationship between key stakeholders in the oil sector, how stakeholder interactions create the potential for collision and advances measures aimed at turning possible collision into cooperation. Design/methodology/approach – The paper uses a literature review-based approach, drawing on existing literature in a number of areas including corporate social responsibility (CSR), oil and gas industry in Ghana and Nigeria as well as communication. Findings – The paper advances that expectations of stakeholders as regards oil being a panacea to all their problems must be managed to avoid possible collision. Additionally, Ghana’s oil industry must identify and engage all stakeholders in planning suitable and sustainable CSR programmes for economic development, thus fostering a friendly environment for oil companies. Transparency and accountability are also needed to promote cooperation rather than collision among stakeholders in Ghana’s oil industry. Originality/value – This paper raises and brings to the fore critical issues that can lead to potential collisions in the oil and gas industry in Ghana if not well-managed, and thus an innovative work in that regard.

scholarly journals Energy Reclassification and Its Significance To Highlight Unconventional Energy In the Oil and Gas Industry

CONVERTER ◽  
2021 ◽  
pp. 528-544
Author(s):  
Yaming Yao, Jianjun Chen
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Close Relation ◽  
Energy Structure ◽  
Clear Understanding ◽  
Gas Industry ◽  
The People ◽  
New Energy ◽  
New Type ◽  
The Relationship

In recent years, the rapid rise of non conventional energy, the formation of the new energy and conventional energy, a situation of tripartite confrontation pattern.In order to enable the people to the energy characteristics, uses, the relationship between them have a more clear understanding, therefore, It is necessary to energy re definition and classification. In this paper, through the current energy structure, distribution, usage.From the angle of Genesis will be divided into three types, Namely:from the earth itself, since the other planet in the universe and from two interactions. At the same time, the non conventional energy is the future of a new type of energy.However, it belongs to the oil and gasindustry.Analysis of global and China's major non conventional energy resources potential, exploration type, present situation of exploitation.And the geological theory and engineering problems,It points out its characteristics, and points out the close relation between it and conventional energy. In particular, points out the necessity and significance of the development of China's non conventional energy.

scholarly journals Analysis of financial and economic indicators, characterizing the activities of organizations in the oil and gas industry

2020 ◽  
Vol 17 (1) ◽  
pp. 69-78 ◽  
Author(s):  
L. A. Chaldaeva ◽  
T. I. Chinaeva ◽  
A. S. Bogopolskiy
Keyword(s):  
Comparative Analysis ◽  
Statistical Methods ◽  
Significant Contribution ◽  
Oil And Gas ◽  
Great Influence ◽  
Oil Industry ◽  
Oil And Gas Industry ◽  
Economic Indicators ◽  
Gas Industry ◽  
Important Place

Purpose of the study. The oil and gas industry occupies an important place in the Russian economy. The financial position of any organization is determined by its financial results, where profit is a key indicator in a market economy and an indicator of the success of the company. The aim of this work is to study the state and development of the oil and gas industry, analysis of the main financial indicators, characterizing the activities of a number of oil producing companies selected in the SPARK database using economic and statistical methods.Materials and methods. The research information base is statistical data and analytical information reflecting the financial component of the oil and gas industry. The research methodological base is represented by economic and statistical methods of information analysis.Results. The analysis of the main trends in the development of trade in the international oil trade is carried out, the key determinants of the modern world oil market are highlighted, the economic situation in the Russian oil industry is analyzed, which showed that there is a decrease in oil production associated with the OPEC + agreements; the share of exports of crude oil increases; the share of exports of refined oil decreases; the government is developing measures to reduce the dependence of budget revenues on the oil and gas industry.The main types of profit, such as gross profit, sales profit, before-tax profit, net profit are considered. It is worth noting that these categories of profit are interconnected, since one category follows from another, depending on the items of income and expense inherent in a particular type of profit. The analysis of a number of indicators, characterizing the financial activities of organizations of the oil and gas complex was carried out, the totality of oil producing organizations based on the SPARK database was selected, and a comparative analysis of the financial activities of two organizations of the oil and gas complex was carried out.Conclusion. The oil and gas industry is a key sector of the economy, making a significant contribution to the social and economic development of our country. Revenues from the activities of the oil and gas complex make a significant contribution to the country’s GDP and are a significant component of the budget.In this paper, an analysis of a number of financial and economic indicators, characterizing the activities of organizations of the oil and gas complex was carried out. The financial condition of the organization is largely determined by its financial results – profit or loss. The main indicators of the financial results of the organization are profit and profitability, which depend on many internal and external factors. Including, industry features have a great influence. A set of oil-producing organizations based on the SPARK database was selected in the work. By the example of organizations JSC “IDELOIL” and Ltd “NEDRA-K”, a comparative analysis of financial and economic indicators was carried out, directions for increasing gross profit and gross margin indicators were proposed and justified in order to reduce costs and increase revenues.As a result, it was concluded that the oil industry in Russia depends on political and economic factors, in this regard, it is necessary to regularly analyze the activities of organizations in this industry to identify miscalculations, low-active functioning systems, etc., with the purpose of more efficient functioning of the industry.

scholarly journals The industry structure of the Russian oil and gas complex: transformation processes and trends

2021 ◽  
Vol 9 (3) ◽  
pp. 26-30
Author(s):  
Nadezhda Zhilina
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Integrated Approach ◽  
Economic Security ◽  
The State ◽  
Economic Research ◽  
Gas Industry ◽  
Environmental Friendliness ◽  
Complex Transformation ◽  
Oil And Gas Resources

The oil and gas industry is becoming one of the key priorities of the state policy of the Russian Federation. Ensuring energy and economic security, sustainable development, and innovative development in the context of the digitalization of the economy requires a qualitatively new approach to regulating the oil and gas industry. The tasks of rational use of oil and gas resources, increasing productivity, and environmental friendliness of production processes are set not only for companies in the oil and gas sector, but also increase the responsibility of the state for achieving them. The solution of the above-mentioned tasks requires an integrated approach based on a theoretical and methodological basis, economic research, systematization of world experience, taking into account the use of modern management and regulation mechanisms of oil and gas complex enterprises.

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