scholarly journals APPLICATIONS OF "SMART TECHNOLOGIES" IN OIL PRODUCTION AREAS

2021 ◽  
Vol 16 (06) ◽  
pp. 04-10
Author(s):  
Karim Seyidrza Karim Seyidrza ◽  
Nurkhanim Dadashova Nurkhanim Dadashova ◽  
Aysel Sadigov Aysel Sadigov
Keyword(s):  
Oil Production ◽  
Oil Industry ◽  
Economic Sectors ◽  
Oil Companies ◽  
Dynamic Development ◽  
Factor Production ◽  
Modeling And Forecasting ◽  
Hydrocarbon Fields ◽  
Smart Technologies ◽  
Production Areas

The article discusses the application of "smart technologies" in preventing the decline in production in the oil industry. Unlike other economic sectors, the factors that determine the application of "smart technologies" in the process of modeling and forecasting hydrocarbon fields by oil companies to increase production and ensure the safety of processes in the fields have been studied. The advantages of the application of "smart technologies" in ensuring the sustainable and dynamic development of oil companies are discussed here. Keywords: field, oil, machinery, technology, digital, factor, production.

FIRST AFRICAN OIL SPILL COOPERATIVE: CLEAN NIGERIA ASSOCIATES

1987 ◽  
Vol 1987 (1) ◽  
pp. 151-156
Author(s):  
Godwin E. Omene ◽  
E. C. Odogwu ◽  
Tom E. Allen
Keyword(s):  
Oil Spills ◽  
Oil Industry ◽  
General Purpose ◽  
Oil Field ◽  
Competitive Bidding ◽  
Oil Companies ◽  
The Past ◽  
Port Harcourt ◽  
Petroleum Companies ◽  
Production Areas

ABSTRACT In November 1981 the petroleum companies operating in Nigeria formed a cooperative with the general purpose of developing an oil industry-sponsored organization for combating oil spills. The organization was named Clean Nigeria Associates (CNA). Individual oil companies operating in Nigeria now have and have had in the past the capability to combat oil spills, but most were unprepared to handle major oil spills. Thus, the main thrust of the cooperative was to develop an equipment stockpile and response capability commensurate with major spill risks. Through competitive bidding, Halliburton Nigeria, Ltd. was selected as the cooperative contractor. Agreements were formally signed in September 1984. Since that time the equipment required by the association was procured by Halliburton and put in place at two locations, Warri and Port Harcourt. These two locations were selected because of their proximity to major production areas. Bases were established at Nigerian Ports Authority facilities which were set aside for oil field operations. Thus, equipment warehouses are in excellent positions to respond to marine spills, and to respond to land spills by road. The equipment stockpile consists of 27,000 ft of booms, 28 skimmers—both for protected waters and offshore, 4,000 bales of sorbents, 26 pumps, 14 boats (ten 15 ft and four 49 ft) and an assortment of vehicles and other support equipment. CNA has a dedicated staff of 38. The staff consists of management, equipment operators, mechanics, boat crews, and support personnel. Since December 1984, training of national personnel on spill response and safety has been a high priority and has continued to this date.

scholarly journals A Short History of the Norwegian Oil Industry: From Protected National Champions to Internationally Competitive Multinationals

2015 ◽  
Vol 89 (1) ◽  
pp. 3-41 ◽  
Author(s):  
Helge Ryggvik
Keyword(s):  
Service Industry ◽  
Oil Production ◽  
Oil Industry ◽  
Foreign Ownership ◽  
Service Firms ◽  
Short History ◽  
Oil Companies ◽  
Strong Focus ◽  
History Of ◽  
National Champions

This study explores how Norway, as a latecomer to oil production, was able to develop both effective oil companies and an internationally competitive oil service industry. The article focuses on two rather distinct phases: the protectionist phase, in which a strong focus on local content fostered skilled Norwegian oil companies as well as a national oil service industry, and the phase of liberalization or financialization, where new forms of contact and openness to foreign ownership laid the basis for internationally oriented Norwegian oil companies and oil supply and service firms.

scholarly journals O seqüestro das rendas petrolíferas pelo poder local: a gênese das quase sortudas regiões produtoras

2007 ◽  
Vol 9 (1) ◽  
pp. 101 ◽  
Author(s):  
Rodrigo Valente Serra
Keyword(s):  
Oil Production ◽  
Oil Industry ◽  
International Regimes ◽  
Fiscal Policies ◽  
Oil Revenue ◽  
Production Areas ◽  
Mineral Reserves

Por que recebem royalties os estados e municípios litorâneos, confrontantes com as áreas de produção na Plataforma Continental Brasileira? A indagação é relevante, sobretudo quando está sacramentado pela Constituição a titularidade da União sobre as jazidas minerais. De fato, foi a tensão de nosso pacto federativo fiscal que construiu esta possibilidade. Seriam, sim, sortudos os Estados e Municípios litorâneos das regiões petrolíferas nacionais que, diferentemente de outros regimes internacionais de repartição das rendas petrolíferas, são beneficiários de quantias expressivas destas rendas, as quais imprimem, principalmente aos Municípios, uma enorme capacidade de investimento. Tal sorte, contudo, foi parcialmente retirada dos munícipes desta região, pois as normas de aplicação daquelas rendas petrolíferas não vinculam de forma efetiva estes recursos com ações pró-desenvolvimento regional. Se são sortudos os gestores, são quase sortudos os munícipes. O interesse deste estudo é discutir a hipótese sobre a captura por interesses locais dos valiosos recursos dos royalties, utilizando como fonte básica de informação os debates realizados na Câmara e no Senado Federal, durante o processo de aprovação do regime de cobrança, rateio e aplicação dos royalties do petróleo. Palavras-chave: royalties do Petróleo: distribuição; indústria petrolífera; tributação; política mineral; Brasil. Abstract: Why do the coastal states and municipalities, bordering on the production areas of the Brazilian Continental Platform, get royalties? The question is especially relevant remembering that the Constitution validates the federal government’s ownership of the mineral reserves. It was, in fact, the tension brought on by our federal treaty on fiscal policies that made this possible. The national oil regions’ coastal states and municipalities are indeed lucky. In contrast to other international regimes on distribution of revenue from oil production, they are the beneficiaries of large sums obtained from mentioned revenues, which would allow for these same municipalities to make great investments. Nevertheless, this luck was partially withdrawn from the inhabitants of the municipalities of these regions, because the rules of applying the oil production revenues did not guarantee regional developmental projects. If the governors of the municipalities are the lucky ones, that leaves the inhabitants almost lucky. The aim of this study is to discuss the hypothesis on the capture of local interests by these royalties’ valuable resources, using as basic informative background the debates that were being held in the Chamber and Federal Senate during the process of approval of the regime concerning collection, distribution and use of oil royalties.Keywords: oil revenue: distribution; oil industry; taxing; mineral.

Alexandr Serebrovskiĭ and the Modernization of the Soviet Oil Industry—1924 to 1929

2021 ◽  
pp. 1-30
Author(s):  
Jonathan Sicotte
Keyword(s):  
United States ◽  
Soviet Union ◽  
Oil Production ◽  
Oil Industry ◽  
The United States ◽  
Productive Capacity ◽  
Economic Potential ◽  
Oil Companies ◽  
The Soviet Union ◽  
Latent Potential

Abstract Baku, the center of the Russian and then Soviet oil industry, represented the raw economic potential of early Soviet industry. At the head of the industry was Alexandr Serebrovskiĭ, head of Azneft, the largest Soviet oil trust, and a pivotal figure in reviving Soviet oil production across the 1920s. His trip to the United States in 1924 and his subsequent plan to restore Baku’s productive capacity via American technology and methodology would not only improve the industry’s output but allow Azneft to directly compete with American oil companies on the international stage, thus demonstrating the latent potential of the Soviet Union for exportation. However, while this project seemed initially successful, it created a difficult fiscal legacy as Azneft became increasingly financially insolvent across the 1920s.

Tax maneuver in the oil industry: Provisional results and risks for further implementation

2020 ◽  
pp. 28-43
Author(s):  
A. S. Kaukin ◽  
E. М. Miller
Keyword(s):  
Oil Industry ◽  
Oil Products ◽  
Oil Refining ◽  
State Budget ◽  
Tax Rate ◽  
Oil Companies ◽  
Reform Plan ◽  
Alternative Variant ◽  
Calculation Results ◽  
The Cost

The paper analyzes the consequences of the abolition of the export duty on oil and oil products as a necessary step to stimulate energy efficiency of Russia’s economy and eliminate underdevelopment provoked by a long-term subsidizing of inefficient oil refining sector in Russia. The calculation results have shown that even taking into account several deviations from the planned scenarios of changing the parameters of tax regulation of the oil industry in 2014— 2019, the tax maneuver brought over 3.5 trillion rubles (in 2019 — 148 billion rubles) to the state budget in 2014—2017, mainly due to an increase in the base mineral extraction tax rate, and contributed to an increase in the depth of oil refining from 72% to 85%. In addition, the article analyzes possible risks associated with the current plan for reforming the taxation of the industry until 2024 and proposes an alternative that could level some of them. A comparative analysis of the effects of the tax maneuver under the current reform plan and the alternative variant suggests that the latter will allow to achieve a greater total budgetary effect in four years, reduce the cost of subsidizing domestic oil refining, increase the efficiency of Russian vertically integrated oil companies, and reduce the growth rate of oil products prices in the retail market.

Drilling and Service Contracts in Offshore Oil and Gas Operations

1973 ◽  
Vol 11 (3) ◽  
pp. 480
Author(s):  
J. M. Killey
Keyword(s):  
Oil And Gas ◽  
Oil Industry ◽  
Offshore Drilling ◽  
Oil Companies ◽  
Drilling Rig ◽  
Service Contracts ◽  
Oil And Gas Operations ◽  
Offshore Oil And Gas ◽  
Offshore Oil ◽  
Offshore Operations

As onshore oil and gas deposits are becoming more difficult to locate, and as the world demands for energy continue to increase at an alarming rate, oil companies are channeling much of their exploration activities towards offshore operations, and in particular, towards operations centered off Canada's coast lines. Because of the environment, offshore drilling presents problems which are novel to the onshore-geared oil industry. J. M. Killey discusses in detail many of the considerations involved in drafting the offshore drilling contract, concentrating on problems such as the liability of the various parties; costs; scheduling; pollution; conflict of laws; etc. Similarly, he discusses service contracts (such as supply boat charters; towing services; helicopter services; etc.^ which are necessity to the operation of an offshore drilling rig. To complement his paper, the author has included number of appendices which list the various considerations lawyer must keep in mind when drafting contracts for offshore operations.

An academic Indian summer

2017 ◽  
Author(s):  
Angela Penrose
Keyword(s):  
Oil Industry ◽  
Management Theory ◽  
Resource Based View ◽  
Oil Companies ◽  
International Firm ◽  
Younger Generation ◽  
National Governments ◽  
Business And Management

After her husband’s death in 1984 and retirement from INSEAD Edith enjoyed the resurgence of interest in her work and its increasing influence on aspects of economic, business, and management theory and on a younger generation of economists, many of whom visited her at her home near Cambridge. The chapter examines the influence of her seminal ideas on some key protagonists of the ‘resource-based view of the firm’, e.g. David Teece, Birger Wernerfelt, J. C. Spender, and Jay Barney. Due to her understanding of the international firm, in particular the oil industry, she undertook consultancies pertaining to arbitration between oil companies and national governments.

Flowmetering in the Oil Industry

1986 ◽  
Vol 19 (5) ◽  
pp. 63-66 ◽  
Author(s):  
R C Gold
Keyword(s):  
Measurement Uncertainty ◽  
Crude Oil ◽  
Measurement Accuracy ◽  
Oil Production ◽  
Oil Industry ◽  
Different Types

The article traces the use of flowmeters in the production and processing of crude oil and its refined products. Emphasis is placed on meters used for accounting purposes and wherever possible, the significance of measurement uncertainty at the various stages of oil production is expressed in financial terms. The article concludes that improved measurement accuracy is more likely to be achieved from improved calibration and operating procedures than from the use of different types of flowmeters.

Exploration for Oil in the Soviet Union: Special Problems Facing Western Companies

1998 ◽  
Vol 9 (1-2) ◽  
pp. 4-16
Author(s):  
Michael R. Smith
Keyword(s):  
Soviet Union ◽  
Foreign Investment ◽  
Oil And Gas ◽  
Oil Industry ◽  
Petroleum Potential ◽  
Oil Companies ◽  
The Soviet Union ◽  
Autonomous Regions ◽  
Taxation System ◽  
Geological Analysis

The Soviet Union, including its Republics and Autonomous Regions, although remaining the world's largest oil and gas producer, is seeking the co-operation of the international oil industry to assist in further developing its vast reserves and potential resources. A legislation and taxation system that allows for foreign investment in the Soviet oil industry is being created. Many international oil companies, large and small, are currently evaluating opportunities in the country. Western companies have not been directly involved in Soviet oil operations since 1918. During the intervening years significant diversities of approach, particularly with regard to exploration methods and geological analysis, have emerged between Soviet and western geoscientists. Such differences have caused a myriad of special problems for geologists and geophysicists employed by western oil companies newly evaluating the petroleum potential of the country. These probems must be addressed and overcome before embarking on an expensive exploration or development venture.

scholarly journals TAX POLICY OF THE STATE IN THE OIL INDUSTRY AS AN INSTRUMENT OF ENSURING FINANCIAL SAFETY OF THE RUSSIAN FEDERATION IN THE PERIOD OF AN UNSTABLE ECONOMIC AND POLITICAL COUNTRY SITUATION

2017 ◽  
Vol 13 (1-2) ◽  
pp. 97-101
Author(s):  
Elena N Gorbunova
Keyword(s):  
Russian Federation ◽  
Tax Reform ◽  
Oil Industry ◽  
The State ◽  
Oil Companies ◽  
First Results ◽  
The Russian Federation ◽  
Ministry Of Finance ◽  
Oil Sector ◽  
Effective Result

Oil extraction taxation in our country was and remains a subject of special discussion. This article deals with actual problems of the taxation of the entities of an oil sector in the conditions of financial crisis, the sanctions imposed against Russia and the low prices of oil are considered. The object of research are topical issues of the taxation of the oil industry, in particular the mechanism of the taxation of the added income of the oil companies. The main options of tax mechanisms offered by the Ministry of Finance of the Russian Federation and the Ministry of Energy of the Russian Federation are considered and also opinions of heads of the largest oil companies of the Russian Federation of rather operating system of the taxation of the oil industry are analyzed. The special attention is paid to the analysis of the first results of the carried-out tax reform concerning entering of tax maneuver as one of the main mechanisms of financial safety of the state. The main conclusions of research is that receipt of effective result requires system work concerning reform of the taxation of the oil industry, a phased transition from tax maneuver to the taxation of the added income of the oil companies.

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