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

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

2021 ◽  
Vol 43 (1) ◽  
pp. 41-53
Author(s):  
Olga TRUBITSINA ◽  
Vladimir BASHKIN

The article is devoted to the issues of geopolitical risks (GPR) in the hydrocarbon development of the Russian Arctic. Meanwhile, the authors pay special attention to the analysis of modern geopolitical and geostrategic challenges to the development of the Arctic region. The key geopolitical factors affecting the sustainable development of the Arctic are identified, similarities and differences in the geostrategic priorities of the Arctic Five countries are analyzed. GPR can be transformed into opposite environmental factors of oil and gas industry objects in the form of additional opportunities or threats, which the authors identify in detail for each type of risk.


2018 ◽  
Vol 11 (6) ◽  
pp. 91-99
Author(s):  
A. I. Masterov

The subject of the research is the state of the investment activity and investment demand in the Russian oil and gas complex taking into account negative factors that affect further development of the oil and gas industry. The purpose of the research was to expose the reasons for the low investment activity and the short investment demand in the Russian oil and gas complex threatening its further development, given the high equipment depreciation and the lack of modern technologies. The study revealed key negative factors hindering the development of the oil and gas complex and affecting the investment activity and investment demand, and showed the impact of the industry-specific features on the current situation. The need in the coordinated state policy aiming to improve the efficiency of subsoil use as well as to boost the investment activity and investment demand in the oil and gas complex is substantiated. Proposals on the state investment policy, taking into account the successful foreign experience in boosting the oil recovery effectiveness and the rational use of mineral resources, are made. It is concluded that the oil and gas complex requires modernization of the physical infrastructure of enterprises engaged in the oil and gas industry and using advanced methods of enhancing the oil recovery. But the successful solution of the above problems without government participation is hindered by high investment risks associated with the specifics of the oil and gas industry. Under these conditions, the state economic policy that encourages investment in modern methods of enhanced oil recovery and upgrading the production capacities of oil and gas enterprises is becoming increasingly important.


2020 ◽  
Vol 26 (1) ◽  
pp. 35-45 ◽  
Author(s):  
A. G. Kazanin

The modern oil and gas industry is heavily dependent on the processes and trends driven by the accelerating digitalization of the economy. Thus, the digitalization of the oil and gas sector has become Russia’s top priority, which involves a technological and structural transformation of all production processes and stages.Aim. The presented study aims to identify the major trends and prospects of development of the Russian oil and gas sector in the context of its digitalization and formation of the digital economy.Tasks. The authors analyze the major trends in the development of the oil and gas industry at a global scale and in Russia with allowance for the prospects of accelerated exploration of the Arctic; determine the best practices of implementation of digital technologies by oil and gas companies as well as the prospects and obstacles for the subsequent transfer of digital technologies to the Russian oil and gas industry.Methods. This study uses general scientific methods, such as analysis, synthesis, and scientific generalization.Results. Arctic hydrocarbons will become increasingly important to Russia in the long term, and their exploration and production will require the implementation of innovative technologies. Priority directions for the development of many oil and gas producers will include active application of digital technologies as a whole (different types of robots that could replace people in performing complex procedures), processing and analysis of big data using artificial intelligence to optimize processes, particularly in the field of exploration and production, processing and transportation. Digitalization of the oil and gas sector is a powerful factor in the improvement of the efficiency of the Russian economy. However, Russian companies are notably lagging behind in this field of innovative development and there are problems and high risks that need to be overcome to realize its potential for business and society.Conclusions. Given the strategic importance of the oil and gas industry for Russia, its sustainable development and national security, it is recommendable to focus on the development and implementation of digital technologies. This is crucial for the digitalization of long-term projection and strategic planning, assessment of the role and place of Russia and its largest energy companies in the global market with allowance for a maximum number of different internal and external factors.


2020 ◽  
pp. 42-45
Author(s):  
J.A. Kerimov ◽  

The implementation of plastic details in various constructions enables to reduce the prime cost and labor intensity of machine and device manufacturing, decrease the weight of design and improve their quality and reliability at the same time. The studies were carried out with the aim of labor productivity increase and substitution of colored and black metals with plastic masses. For this purpose, the details with certain characteristics were selected for further implementation of developed technological process in oil-gas industry. The paper investigates the impact of cylinder and compression mold temperature on the quality parameters (shrinkage and hardness) of plastic details in oil-field equipment. The accessible boundaries of quality indicators of the details operated in the equipment of exploration, drilling and exploitation of oil and gas industry are studied in a wide range of mode parameters. The mathematic dependences between quality parameters (shrinkage and hardness) of the details on casting temperature are specified.


2021 ◽  
Vol 18 (1) ◽  
pp. 52-65
Author(s):  
P. N. Mikheev

The article discusses issues related to the impact of climate change on the objects of the oil and gas industry. The main trends in climate change on a global and regional (on the territory of Russian Federation) scale are outlined. Possible approaches to the identification and assessment of climate risks are discussed. The role of climatic risks as physical factors at various stages of development and implementation of oil and gas projects is shown. Based on the example of oil and gas facilities in the Tomsk region, a qualitative assessment of the level of potential risk from a weather and climatic perspective is given. Approaches to creating a risk management and adaptation system to climate change are presented.


Author(s):  
Mark Longrée ◽  
Sven Hoog

In turn of the global warming and driven by the constant need for resources an increasing number of commercial and scientific activities conquer the Arctic in order to benefit from almost untouched resources like oil and gas but also from the overwhelming nature. These activities are accompanied by a steadily increasing number of vessels transporting goods but also operating personnel, scientists or tourists. Especially the number of tourists visiting the Arctic can reach far more than 1000 per vessel, resulting in growing headaches for the responsible safety and security authorities in the Arctic surrounding countries. Up to now no suitable Escape, Evacuation and Rescue (EER) concept is in place to cope with these challenges when it comes to hazardous situations. In this context IMPaC ([1]) developed a new and appropriate EER concept for the Arctic, exceeding the currently dominant small and isolated settlements along the coastlines in Denmark (Greenland), Norway, Russia, Canada and the US. One question seems to be central: Is there any requirement and benefit beyond the currently used small rescue station? Yes, we strongly believe that there is a growing demand for suitable infrastructure coming from various industries. Beyond rescue objectives there is a demand for people working and living in this area all year long, for a few days, weeks or months using these settlements for their specific needs. This led us to the idea of the provision of a common-use infrastructure for multiple industries. The commonly used infrastructure maximizes the use of the remote and very expensive infrastructure and minimizes the impact on the environment in this part of the world. Potential users of this infrastructure would be: • Oil & Gas Industry, driven by the increased world energy demand • Marine Transport & Tourism Industry, driven by declined arctic ice and new sea routes via the Arctic sea • Fishery Industry • Scientific community Any EER concept for the Arctic has to cope with several specific environmental and spatial challenges as addressed by the EU joint research project ACCESS ([2]), where IMPaC participates. The paper introduces the new EER concept and focuses especially on its beneficial, efficient and safe operability in the Arctic recording an increasing number of commercial and scientific activities.


2018 ◽  
Vol 3 (4) ◽  
pp. 30
Author(s):  
Maria João Mimoso ◽  
Clara da Conceição de Sousa Alves ◽  
Diogo Filipe Dias Gonçalves

Since the beginning of the 19th century, we have assisted major proliferation of the oil and gas industry. This phenomenon of exponential growth is due to the fact that oil companies hold the world’s oil monopoly on the extraction, processing and commercialization. Therefore, as being one of the most influential sectors in the world, is crucial to strictly regulate how oil and gas contracts concerns the potential environmental and social impacts arising from the conduct of petroleum operations and how such behavior affects the human rights. As a matter of fact, the social issues field is an emerging area, and despite such importance, oil contracts do not often deal with them in great detail, corresponding to an actual emptiness of the human rights provisions. In terms of responsibly, oil companies, have an inalienable obligation to ensure that their actions do not violate human rights or contribute for their violation. This study aims to trace a detailed analysis of the impact of the oil and gas agreements in human rights. In order to fully comprehend the deep effects of this industry, we will examine, in detail, numerous of published oil and gas agreements, as well as, decode which are the real standards and practices accepted by this industry. We will use a deductive and speculative reasoning. We will try to demonstrate how incipient and short protection is given to human rights and what responsible conducts must urgently be developed.


2013 ◽  
Vol 1 (3) ◽  
pp. 58-62
Author(s):  
Dike Ike

Information and Communication Technology (ICT) has taken the center stage in almost every aspect of human endeavor. ICT help companies to improve the efficiency and effectiveness of services offered to customers, and thus enhances business processes, managerial decision making, and workgroup collaborations, thus strengthening their competitive positions in rapidly changing and emerging economies. This paper considers the impacts and trends of ICTs on core sectors of the Nigerian economy. Three core industry sectors of the Nigerian economy were examined namely: Banking Industry, Oil and Gas Industry, and Agricultural Industry in order to examine the level of impact ICTs have on the overall Nigerian economy.


Author(s):  
Hazem Abdulla ◽  
Mukhtar Alhashimi ◽  
Allam Mohammed Hamdan

This study assessed the impact of project management methodologies (PMMs) on project success in the oil and gas industry in the Kingdom of Bahrain. It also explored the different project methodologies used along with their strengths and weaknesses. Quantitative approach with the support of qualitative interviews was used to achieve the objectives of this research. A total of 95 survey responses were received and 17 interviews were conducted. Projects in the oil and gas industry are more about safety than speed, and hence, the use of comprehensive methodologies and applying the relevant methodology elements are important for oil and gas projects. Furthermore, the companies in the oil and gas industry in Bahrain have to pay more attention to their project management methodologies and get it evolved and improved over time to achieve higher project success rates.


2018 ◽  
Vol 2018 (4) ◽  
pp. 79-99
Author(s):  
Elena Fedorova ◽  
Oleg Rogov ◽  
Valery Klyuchnikov

In this study, a relationship between the mood of news and the response of the oil and gas industry index of the Russian Federation was revealed. The empirical base of the study included 8.5 million news from foreign sources. Research methodology: fuzzy sets, naive Bayesian classifier, Pearson correlation coefficient. As a result of the research, it was discovered that: 1) negative news affects the stronger than the positive on the stock index; 2) news on companies affect the value of the index, and news on the industry affect the volume of trading; 3) the sanctions did not significantly affect the coverage of Russian oil and gas companies.


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