scholarly journals PETROLEUM ENGINEERING TERMINOLOGY IN THE ENGLISH AND UZBEK LANGUAGES

2021 ◽  
pp. 74-83
Author(s):  
Khasan ABDINAZAROV
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Petroleum Engineering ◽  
Gas Industry ◽  
High Importance ◽  
Lexical Semantic ◽  
Oil And Gas Sector ◽  
Semantic Aspect

Translation is of high importance for better assimilation of the specialized terminology, as it helps professionally oriented students to interpret scientific and technical texts of the oil and gas sector while reading. Furthermore, terminology of this field is being more required by officials in recent years due to the developments of oil and gas industry in our country. Additionally, learners feel a failure in translating specific vocabulary (technical terminology), which complicates the comprehension of context in the process of reading since they could hardly find L1 translation, and those translated from English into Uzbek, that indicates the lexical deficiency in the field of oil and gas in L1. Moreover, the increased number of borrowed words originated from English and Russian languages are being used in the Uzbek language not in an appropriate way. This paper highlights the theories of terminology expressed by Uzbek and foreign researchers. Moreover, the selected oil and gas terminology of the compared languages has been investigated in lexical-semantic aspect.

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.

scholarly journals Strategic perspectives of the oil and gas sector industrial development

2021 ◽  
Vol 14 (4) ◽  
pp. 369-374
Author(s):  
O. I. Kalinskiy ◽  
M. A. Afonasiev
Keyword(s):  
Carbon Capture ◽  
Industrial Development ◽  
Oil And Gas ◽  
Storage System ◽  
Carbon Capture And Storage ◽  
Energy Transition ◽  
Oil And Gas Industry ◽  
Low Carbon ◽  
Gas Industry ◽  
Oil And Gas Sector

The authors study oil and gas industry, its condition and perspective trends of industrial development. One of them involves applying low carbon and low cost technologies. The authors introduce new strategic imperatives in oil and gas sector to perform energy transition. They study the types of categories of perspective trends of the industry’s development: scaling up the development and implementation of a carbon capture and storage system, using low carbon raw materials, making it possible to take granular measurements. The article deals with perspectives of the oil and gas industry for the current year. The perspectives are built with the consideration of the previous year’s indicators and include all the past disasters and the dynamics of their solution and the results for the society. The authors show wider implementation of drones used for abnormal emissions of hydrogen sulfide to carry out distant monitoring, observations, inspections and preventive maintenance, change tracking, methane management, emergency response and material processing. The article describes precision drilling which reduces the risk of accidents, oil spills, fires and increases rate of penetration. The authors present microwave hydraulic fracturing which can become the next significant achievement in the perspective development of the industry.

scholarly journals Iraqi Kurdistan Oil and Gas Sector: Iraqi and International Dimensions

2020 ◽  
pp. 58-67
Author(s):  
Qadir Aso Araz
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Regional Government ◽  
Legal Basis ◽  
Kurdistan Region ◽  
Gas Industry ◽  
Iraqi Kurdistan ◽  
International Aspects ◽  
Oil And Gas Sector

The article deals with the problem of the influence of the Iraqi Kurdistan oil and gas industry on the relations of the Kurdish autonomy with the central authority of Iraq. The international aspects of extraction and transportation of hydrocarbons from the territory of the Kurdistan Region are also analyzed. The legal basis for the functioning of the oil and gas complex in the region, the main differences between Erbil and Baghdad regarding the powers of the Kurdish regional government in the field of exploitation of natural resources of the autonomy is represented. It has been established that the independent activity of the Iraqi Kurdistan authorities in the development of the oil and gas industry in its territory, the wide involvement of foreign investment provided autonomy a significant source of income, which became the financial backing of Erbil in his political disputes with Baghdad. At the same time, in the question of the transportation of hydrocarbon, the landlocked Iraqi Kurdistan was critically dependent on Turkey, which greatly limits its range of options in its relations with Ankara. Excessive dependence of the Iraqi Kurdistan economy on hydrocarbon exports is one of the strategic challenges for Kurdish autonomy, but significant positive developments in this area are possible only in the long-term perspective. Keywords: Iraq, Iraqi Kurdistan, Kurdish autonomy, Turkey, oil and gas industry.

scholarly journals Evaluation of Oil and Gas Economy using Economics Profit Indicators and Prototype Macro VBA Excel

2021 ◽  
Vol 1 (1) ◽  
pp. 549-558
Author(s):  
Juwairiah Juwairiah ◽  
Didik Indarwanta ◽  
Frans Richard Kodong
Keyword(s):  
Economic Analysis ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Development Project ◽  
Economic Indicators ◽  
Gas Field ◽  
Gas Industry ◽  
Field Development ◽  
Oil And Gas Field ◽  
Oil And Gas Sector

The oil and gas sector is an important factor in sustainable development, so it is considered necessary to make serious changes in conducting economic analysis on the oil and gas business. Oil and gas industry activities consist of upstream activities, and downstream activities. Activities in these upstream and downstream operations have high risk, high costs and high technology, so the company continuously tries to reduce the importance of the adverse impact of these risks on the work environment and people. Thus, evaluating the factors that affect sustainable production in this sector becomes a necessity. In this research will be evaluated the economy of the oil and gas field using methods of economic indicators, among others; NPV, POT, ROR, where these factors are estimated in order to be able to estimate the prospects of the oil and gas field so that the decision that the field development project can be implemented or cannot be taken immediately. Implementation of oil and gas field economic evaluation in this study using Macro VBA Excel. From several methods of economic analysis obtained that the results of this study show high precision compared to other methods, in addition to the way of evaluation using the above economic indicators is very popular.

scholarly journals MECHANISMS AND INSTRUMENTS FOR ENSURING ECONOMIC SECURITY OF OIL AND PETROCHEMICAL ENTERPRISES

2020 ◽  
Vol 8 (1) ◽  
pp. 126-130
Author(s):  
Camila Weisman
Keyword(s):  
Crude Oil ◽  
Oil And Gas ◽  
Raw Materials ◽  
Oil Production ◽  
Oil And Gas Industry ◽  
Economic Security ◽  
Gas Industry ◽  
Important Direction ◽  
The Russian Federation ◽  
Oil And Gas Sector

The oil and gas industry remains for Russia the most important source of income, a strategic industry. According to official figures of the Ministry of Finance of the Russian Federation, income from the oil and gas sector, according to the results of 2019, is 40% of the total budget of the country. A large volume of crude oil and gas is exported from the country. The tax burden on raw materials reaches up to 60% of the initial cost, which makes oil production at new fields extremely unprofitable. The most important direction for the country is the transition from a strategy for the sale of crude oil products to refined ones, which have an additional cost. The article discusses the features of domestic oil production, analyzes the reasons for overpriced in comparison with competitive raw materials from other oil producing leader countries. The strategy of ensuring the economic security of the industry is noted, the main tools are listed and the mechanisms for ensuring the economic security of petrochemical industry enterprises are presented.

scholarly journals LEXICAL-SEMANTIC FEATURES OF THE ENGLISH TERMINOLOGY OF OIL AND GAS SPHERE

2020 ◽  
Vol 1 (9(77)) ◽  
pp. 164-168
Author(s):  
Mariana Shtohryn ◽  
Myroslava Muchka
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Production ◽  
Process Equipment ◽  
Semantic Features ◽  
Gas Industry ◽  
Oil And Gas Production ◽  
Heterogeneous Model ◽  
Lexical Semantic ◽  
Semantic Categories

The lexical-semantic features of the English terms of oil and gas sphere are considered. Attention is drawn to the phraseological and metaphorical features that are characteristic of the terms of the oil and gas industry. It has been revealed that English oil and gas terminology is built on a heterogeneous model, that is, the result of the interaction of several areas of human knowledge. It includes geological, geophysical, geochemical terms, as well as terms related to drilling, washing, fastening and cementing of oil and gas wells, development of oil and gas fields, underground hydraulics, oil and gas production, processing methods, pipeline terminology, offshore drilling terminology, economic terminology. It is has been found out that the semantic categories of English oil and gas terminology are evidence that the terminology under study reflects a particular sphere of human activity that can be structured in some way by the means of language. In this process, the human factor is important. On the one hand, it is inherent in each of the categories, and serves as a basis for subjectivity in identifying the peculiarities of the content.The semantic categories of English oil and gas terminology are analyzed. These include: Human, Process, Equipment, Substance, Method, and Characteristics. The study showed that among the English oil and gas terms formed by metaphorization, we can distinguish terms conventionally grouped under the following lexical-semantic groups: “Parts of the human body”, “World of animals and birds”, “Clothes”, “Society”, “Cooking”, “Construction”, “Nature”, “Traveling”, “Weapon”, “Tool”, “Geometric figure”, “Hunting”, “Fishing”, “Medicine”, “Furniture” та “Quality”.

scholarly journals Prospects For The Application Of Digital Technologies In The Oil And Gas Industry

2021 ◽  
Vol 03 (06) ◽  
pp. 24-27
Author(s):  
Tilakov Ismoiljon Usmonovich ◽  
Keyword(s):  
Oil And Gas ◽  
Digital Technologies ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Foreign Experience ◽  
The Republic ◽  
Oil And Gas Sector ◽  
Stable Development

Advanced foreign experience shows that the development of the oil and gas sector based on digital technologies is a prerequisite for ensuring its stable development. The article substantiates the possibilities for the development of the oil and gas industry of the Republic of Uzbekistan on the basis of digital technologies.

scholarly journals Evaluating the Intra-Industry Comparability of Sustainability Reports: The Case of the Oil and Gas Industry

2019 ◽  
Vol 11 (4) ◽  
pp. 1093 ◽  
Author(s):  
Andrea Cardoni ◽  
Evgeniia Kiseleva ◽  
Simone Terzani
Keyword(s):  
Financial Markets ◽  
Oil And Gas ◽  
Investment Decision ◽  
Methodological Approach ◽  
Oil And Gas Industry ◽  
Global Reporting Initiative ◽  
Gas Industry ◽  
Investment Decision Making ◽  
Sustainability Reports ◽  
Oil And Gas Sector

Environmental, social, and governance (ESG) data are in high demand in financial markets. However, the ESG data provided by companies do not allow for use in the investment decision-making process. The main limiting point for this is a lack of comparability across companies. This paper analyzes the problem of comparability with the aim to evaluate the intra-industry comparability of sustainability reports, framing the analysis on Global Reporting Initiative (GRI) Standards and discussing the results with the support of legitimacy and stakeholder theories. Drawing upon stakeholder and legitimacy theories, as well as financial and sustainability accounting concepts, we propose a theoretical framework of comparability and a methodology to evaluate the level of comparability on a sector-specific basis. The methodological approach adopted in this study is broadly qualitative, with the use of a multiple-stages model. Based on the example of one industry, we discovered that, despite comparability being mostly relevant to the listed companies from the oil and gas sector, the sustainability reports of these companies are still not comparable. Our findings reveal that, despite the availability of a large amount of ESG data and the existence of sustainability frameworks, the problem of comparability is still relevant even for companies that are theoretically most inclined to be comparable.

Contemporary fiscal issues impacting M&A in the oil and gas sector

2012 ◽  
Vol 52 (1) ◽  
pp. 149
Author(s):  
Kenneth Wee
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Regular Feature ◽  
Gas Industry ◽  
Resource Rent ◽  
Petroleum Resource ◽  
Recent Developments ◽  
Australian Economy ◽  
To Come ◽  
Oil And Gas Sector

Ongoing growth in deal activity in the oil and gas industry is one of the critical forces underpinning the sustained robustness of the Australian economy. Australian oil and gas assets continue to attract significant international interest and are actively pursued by global and domestic investors alike. On the supply side, exploration players are seeking the necessary funding and technical support to commercialise prospective oil and gas discoveries, while on the demand side, major established oil and gas companies are seeking to acquire viable targets as a means of rapidly replenishing their reserves. Consequently, merger and acquisition (M&A) deals and asset trades have become a regular feature of the corporate oil and gas scene in Australia. In time to come, a wave of industry consolidation is likely to emerge. This paper discusses key fiscal aspects of M&A transactions, as affected by recent developments in the Australian taxation landscape, and their impact on the overall economics of, and extracting value from, an investment in the oil and gas sector, including: the taxation of farm-in/farm-out arrangements, asset swaps and carry arrangements; structuring the deal consideration for fiscal efficiency; takeover and acquisition vehicle structures; the M&A issues associated with the extension of the Petroleum Resource Rent Tax (PRRT) to the onshore oil and gas industry; consideration associated with capital management, capital structure and financing trends for the industry; exit and repatriation routes—do all roads lead to tax?; managing transaction costs; and, managing tax risks in M&A deals.

Transdisciplinary Application of Functional Materials in Petroleum Engineering

2021 ◽  
Vol 1035 ◽  
pp. 649-654
Author(s):  
Gu Fan Zhao ◽  
Rui Yao Wang
Keyword(s):  
Information Technologies ◽  
Oil And Gas ◽  
New Technologies ◽  
Research Work ◽  
Functional Materials ◽  
Oil And Gas Industry ◽  
Petroleum Engineering ◽  
Densified Wood ◽  
Gas Industry ◽  
Literature Metrology

Currently, transdisciplinary integration has become increasingly close, and has gradually become the source of innovation. At the same time, petroleum engineering technologies demand more new technologies like functional materials and electronic information technologies. In order to effectively promote technological innovation and development of the petroleum engineering, it is important to continuously monitor, analyze and evaluate the latest development of the technologies outside of the oil and gas industry. This paper combines qualitative analysis of onsite demands, application cases, technical characteristics, and quantitative analysis of literature metrology, patent evaluation, technology maturity, to evaluate the application prospects of densified wood, liquid metal and poly (thioctic acid) in the field of petroleum engineering, and specific transdisciplinary suggestions are put forward. It is recommended to carry out pre-research work for the potential application of functional materials in the petroleum engineering, and it is expected to introduce new materials for downhole tools, new antennas for downhole instruments, extend long-term effectiveness of downhole plugging, and improve drilling efficiency.

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