scholarly journals Comparison of Hydrocarbon Fiscal Regimes of Some European Oil and Gas Producers and Perspectives for Improvement in the Republic of Croatia

Energies ◽  
2021 ◽  
Vol 14 (16) ◽  
pp. 5056
Author(s):  
Marko Kolovrat ◽  
Lucija Jukić ◽  
Daria Karasalihović Sedlar
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Hydrocarbon Exploration ◽  
European Countries ◽  
Gas Industry ◽  
Oil And Gas Producers ◽  
Exploration And Production ◽  
Sliding Scale ◽  
The Republic ◽  
Hydrocarbon Exploration And Production

Hydrocarbon exploration and production activities are basic to the functioning of the oil and gas industry, while concession contracts and fees are central concepts in the aforementioned activities. The authors consider several questions regarding these concepts, such as: what is the legislative, institutional, and fiscal framework in certain European countries regarding hydrocarbon exploration and production? What are the major differences between them? Finally, is there room for improvement of the framework in the Republic of Croatia? To answer these questions, the authors contacted some of the relevant institutions and accessed official government gazettes, institution websites, legal aggregators, journal articles, books, and different legal publications regarding the oil and gas industry for several European countries, namely the Kingdom of Norway, the Russian Federation, the Republic of Austria, and the Republic of Croatia. As a result, this paper presents an overview of legislation, institutions, concession contracts, taxes, and fees for each of the aforementioned countries. The authors conclude that the Republic of Croatia could benefit from applying some foreign solutions in its own legislative and fiscal framework, i.e., using a sliding scale for royalty calculation and simplifying some administrative procedures.

Risk-based Winterization for Vessels Operations in Arctic Environments

2013 ◽  
Vol 29 (04) ◽  
pp. 199-210 ◽  
Author(s):  
Ming Yang ◽  
Faisal I. Khan ◽  
Leonard Lye ◽  
Heri Sulistiyono ◽  
John Dolny ◽  
...  
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Temperature Data ◽  
Operating Conditions ◽  
Hydrocarbon Exploration ◽  
The Arctic ◽  
Gas Industry ◽  
Arctic Regions ◽  
Exploration And Production

Because the oil and gas industry has an increasing interest in the hydrocarbon exploration and development in the Arctic regions, it becomes important to design exploration and production facilities that suit the cold and harsh operating conditions. In addition to well-established minimum class requirements for hull strengthening, winterization should be considered as a priority measure early in the design spiral for vessels operating in the Arctic environments. The development of winterization strategies is a challenging task, which requires a robust decision support approach. This article proposes a risk-based approach for the selection of winterization technologies and determination of winterization levels or requirements on a case-by-case basis. Temperature data are collected from climatology stations located in the Arctic regions. Loading scenarios are defined by statistical analysis of the temperature data to obtain probabilistic distributions for the loadings. Risk values are calculated under different loading scenarios. Based on the risk values, appropriate winterization strategies can be determined. A case study is used to demonstrate how the proposed approach can be applied to the identification of heating requirements for gangways.

scholarly journals United States Environmental Laws and Exploration and Production Operations

1975 ◽  
Vol 13 (1) ◽  
pp. 1
Author(s):  
Henry R. White
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
National Environmental Policy Act ◽  
Gas Industry ◽  
Environmental Laws ◽  
Oil And Gas Exploration ◽  
Healthy Environment ◽  
Oil And Gas Producers ◽  
Exploration And Production ◽  
The Government

Concern for the protection of the environment has resulted in the creation of number of new U.S. statutes and regulations which have an important impact on American oil and gas exploration and production operations. The author provides brief historical survey of some of the legislation which provided foundation for laws enacted within the past few years. He discusses in some detail the National Environmental Policy Act provisions and concludes that they have been construc tive force for change, both in the government and the oil and gas industry. The author then provides an overview of various statutes and. regulations establishing guidelines to ensure clean air and water, which are of particular importance to oil and gas producers. In conclusion, the author stresses the importance of maintaining balance between the need for healthy environment and the need for an adequate supply of energy.

Trends and Prospects of Development of the Oil and Gas Sector in the Context of Digitalization

2020 ◽  
Vol 26 (1) ◽  
pp. 35-45 ◽  
Author(s):  
A. G. Kazanin
Keyword(s):  
Oil And Gas ◽  
Digital Technologies ◽  
Oil And Gas Industry ◽  
Global Market ◽  
The Arctic ◽  
Business And Society ◽  
Gas Industry ◽  
Exploration And Production ◽  
Oil And Gas Sector

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.

Understanding the Flow Dynamics of CO2 Plumes in the Subsurface

2021 ◽  
Author(s):  
Florence Letitia Bebb ◽  
Kate Clare Serena Evans ◽  
Jagannath Mukherjee ◽  
Bilal Saeed ◽  
Geovani Christopher
Keyword(s):  
Carbon Capture ◽  
Oil And Gas ◽  
Co2 Storage ◽  
Flow Dynamics ◽  
Hydrocarbon Exploration ◽  
Hydrocarbon Reservoir ◽  
Exploration And Production ◽  
And Migration ◽  
Carbon Dioxide Co2 ◽  
Hydrocarbon Exploration And Production

Abstract There are several significant differences between the behavior of injected CO2 and reservoired hydrocarbons in the subsurface. These fundamental differences greatly influence the modeling of CO2 plumes. Carbon capture, utilization, and storage (CCUS) is growing in importance in the exploration and production (E&P) regulatory environment with the Oil and Gas Climate Initiative (OGCI) making CCUS a priority. Companies need to prospect for storage sites and evaluate both the short-term risks and long-term fate of stored carbon dioxide (CO2). Understanding the physics governing fluid flow is important to both CO2 storage and hydrocarbon exploration and production. In the last decade, there has been much research into the movement and migration of CO2 in the subsurface. A better understanding of the flow dynamics of CO2 plumes in the subsurface has highlighted a number of significant differences in modeling CO2 storage sites compared with hydrocarbon reservoir simulations. These differences can greatly influence reliability when modeling CO2 storage sites.

A conceptual model for project management of exploration and production in the oil and gas industry: The case of a Brazilian company

2013 ◽  
Vol 31 (4) ◽  
pp. 589-601 ◽  
Author(s):  
Jesus Leodaly Salazar-Aramayo ◽  
Roseane Rodrigues-da-Silveira ◽  
Mariana Rodrigues-de-Almeida ◽  
Tereza Neuma de Castro-Dantas
Keyword(s):  
Project Management ◽  
Conceptual Model ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Exploration And Production

Digital innovation in subsea integrity management

2020 ◽  
Vol 60 (1) ◽  
pp. 215
Author(s):  
Ricky Thethi ◽  
Dharmik Vadel ◽  
Mark Haning ◽  
Elizabeth Tellier
Keyword(s):  
Domain Knowledge ◽  
Oil And Gas ◽  
Digital Technologies ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Cost Efficiencies ◽  
Exploration And Production ◽  
Integrity Management ◽  
Offshore Oil And Gas ◽  
Dynamic Structures

Since the 2014 oil-price downturn, the offshore oil and gas industry has accelerated implementation of digital technologies to drive cost efficiencies for exploration and production operations. The upstream offshore sector comprises many interfacing disciplines such as subsurface, drilling and completions, facilities and production operations. Digital initiatives in subsurface imaging, drilling of subsea wells and topsides integrity have been well publicised within the industry. Integrity of the subsea infrastructure is one area that is currently playing catch up in the digital space and lends itself well for data computational efficiencies that artificial-intelligence technologies provide, to reduce cost and lower the risk of subsea equipment downtime. This paper details digital technologies employed in the area of subsea integrity management to meet the objectives of centralising access to critical integrity data, automating workflows to collect and assess data, and using machine learning to perform more accurate and faster engineering analysis with large volumes of field-measured data. A comparison of a typical subsea field is presented using non-digital and digital approaches to subsea integrity management (IM). The comparison demonstrates where technologies such as digital twins for dynamic structures, and auto anomaly detection by using image recognition algorithms can be deployed to provide a step change in the quality of subsea integrity data coming from field. It is demonstrated how the use of a smart IM approach, combined with strong domain knowledge in subsea engineering, can lead to cost efficiencies in operating subsea assets.

Offshore Oil Spill Incidents: Creating a Database in Brazil

2014 ◽  
Vol 2014 (1) ◽  
pp. 26-30
Author(s):  
Patricia Maggi ◽  
Cláudia do Rosário Vaz Morgado ◽  
João Carlos Nóbrega de Almeida
Keyword(s):  
Oil Spill ◽  
Oil And Gas ◽  
Oil Spills ◽  
Oil And Gas Industry ◽  
Guanabara Bay ◽  
Federal Law ◽  
Gas Industry ◽  
Oil And Gas Exploration ◽  
Exploration And Production ◽  
Offshore Oil

ABSTRACT Brazil has performed an important role in the oil and gas industry mainly because its offshore E&P activities. The volume of oil produced in offshore fields had increased 88% in the last decade and correspond to more than 90% of national production. The maritime Exploration and Production (E&P) operations in Brazil started in the middle of the 1970's. In 1981 a law was promulgated to establish a compulsory environmental permit to many activities, including oil and gas exploration and production activities. Although this regulation has existed for over 25 years, only in 1999 was it effectively brought into force to the E&P sector, with the creation of the oil and gas specialized office integrated to the Intituto Brasileiro de Meio Ambiente e Recursos Naturais Renováveis – IBAMA (Brazilian Federal Environmental Agency). On January 2000 Brazil faced one its worst oil spills, in Guanabara Bay. A broken pipeline owned and operated by Petrobras spilt 1300 tone of bunker fuel into Guanabara Bay, Rio de Janeiro. At that time, Brazil had no clear environmental scenario regarding the oil industry in Brazil: uncoordinated environmental regulations, debilitated environmental agencies and a relapse industry took part in the scenario. As a result of the repercussion of the disaster, in the same year was enacted the Federal Law 9966/2000, the so called “Oil Law”, on the prevention, control and inspection of pollution caused by the releasing of oil and other harmful substances in waters under national jurisdiction. The provisions of the Law 9966 included, among other things, the requirement for the notification to the competent environmental authority, the maritime authority and the oil regulating agency, of any incident which might cause water pollution. Although IBAMA receives the oil spill communications since 2001, only in 2010 the Agency began to include this information in a database. This paper discusses the offshore oil spill data received between 2010 and 2012.

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