scholarly journals ANALYSIS OF THE MAIN FACTORS OF EFFICIENCY OF THE INTEGRATED MANAGEMENT CONTROL SYSTEM OF INDUSTRIAL SAFETY AND LABOR PROTECTION IN THE OIL AND GAS INDUSTRY

2019 ◽  
pp. 71 ◽  
Author(s):  
Aliya R. Gubaydullina ◽  
Artem V. Fedosov ◽  
Emiliya N. Abdrakhmanova ◽  
Rustem A. Shaibakov
Keyword(s):  
Control System ◽  
Oil And Gas ◽  
Integrated Management ◽  
Oil And Gas Industry ◽  
Management Control ◽  
Industrial Safety ◽  
Labor Protection ◽  
Management Control System ◽  
Gas Industry ◽  
Main Factors

Sustainability Reporting Driving Forces and Management Control Systems

2016 ◽  
Vol 28 (2) ◽  
pp. 103-124 ◽  
Author(s):  
Irene M. Herremans ◽  
Jamal A. Nazari
Keyword(s):  
Control Systems ◽  
Oil And Gas ◽  
Driving Forces ◽  
Sustainability Reporting ◽  
Oil And Gas Industry ◽  
Management Control ◽  
Gas Industry ◽  
Stakeholder Relationships ◽  
External Pressures ◽  
Insight Into

ABSTRACT This study investigates how seemingly similar external pressures elicited diverse sustainability reporting control systems and processes in a sample of Canadian companies in the oil and gas industry. Using interviews with companies and their stakeholders, we found that the type of sustainability reporting control systems depended on the managerial motivations and attitudes within companies as they responded to external pressures. More specifically, our results provide insight into how formal and informal sustainability reporting control systems were developed according to various managerial motivations and different types of stakeholder relationships. The type and balance between formal and informal control systems, in turn, influenced the sustainability reporting characteristics that the company was able to develop. We contribute to the literature by differentiating companies based on their institutional logics to deal with external pressures, managerial motivations, and stakeholder relationships, that in turn influenced their control system characteristics including reporting structures, information systems, and assurances.

An Advanced Pilot Training and Control System for Underwater Robotic Vehicles

2000 ◽  
Vol 12 (3) ◽  
pp. 275-280 ◽  
Author(s):  
Gerald Seet ◽  
◽  
Tan Kok Cheng ◽  
Michael W. S. Lau ◽  
Eicher Low
Keyword(s):  
Control System ◽  
Oil And Gas ◽  
Research Programme ◽  
Oil And Gas Industry ◽  
Research Centre ◽  
Pilot Training ◽  
Repair System ◽  
Gas Industry ◽  
Robotic Vehicle ◽  
And Control

A research team of the Robotics Research Centre (R2C) recently secured a research grant to pursue a research programme relevant to the oil and gas industry. This grant supports the development of technologies and systems for the advancement of knowledge and for possible commercial exploitation. A programme, focusing on the development of a sophisticated Underwater Robotic Vehicle (URV) inspection and repair system, for submerged structures have been initiated. The work reported in this paper focuses on one aspect of the research programme, that of the development of a pilot training and control system incorporating an advanced man-machine interface for improving operator dexterity. In-the-field training of URV pilots is an expensive process. This is in part due to the high cost of maintaining a support vessel at sea. Training simulators can be viewed as a viable solution to this problem. Simulators, however, represents additional costs and in some ways lacks the realism of working on the real system. The R2C researchers proposed a novel simulator configuration. It has developed a dual-purpose topside control system configuration that can be used for training as well as for the control of an actual URV. In the simulator configuration, the physical URV is replaced by a simulator module, which accepts actual commands from the control system and responds with a simulated URV status through an onboard dynamic model of the URV. The simulator module behaves much like the actual URV accepting commands and responds with status information. The advantage of such a system is perceived to be lower system cost as well as a more realistic testing and simulation of the relevant processes.

Analyzing the market capitalization and value of the world's leading public oil and gas corporations

2020 ◽  
Vol 26 (8) ◽  
pp. 1870-1892
Author(s):  
O.V. Shimko
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Market Valuation ◽  
Gas Industry ◽  
Market Capitalization ◽  
Long Period ◽  
Main Factors ◽  
Economic Analyses ◽  
Oil And Gas Companies ◽  
Total Market

Subject. This article explores the market capitalization and value of the twenty five largest public oil and gas companies between 2006 and 2018. Objectives. The article aims to define market capitalization and value of the largest public oil and gas companies, identify key trends in their changes within the study period, and identify the factors that have caused these changes. Methods. For the study, I used comparative, and financial and economic analyses, and generalization. Results. The article describes changes in the market capitalization and value of the world's leading public oil and gas corporations and identifies the main factors that affected these changes. Conclusions and Relevance. The article concludes that the total market valuation of the leading public oil and gas corporations has not changed significantly over a long period. But the oil and gas industry has increased the debt load, which negatively affects the companies' market capitalization. The results of the study can be used to evaluate, forecast, and develop measures to create market cap and value of public oil and gas companies.

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