20 YEARS DECOMMISSIONING EXPERIENCE - EVOLUTION OF INNOVATIVE SOLUTIONS

Decommissioning is an increasing market sector which has been gradually gathering momentum particularly in the North Sea. The forecast expenditure for removing existing platforms increases with time. This comes together with the increasing complexity of the decommissioning operation. Experience and expertise in this field are key for success. Saipem have been contracted to perform a number of ‘removals’ ranging from subsea templates, subsea pipelines, seabed debris clearance, jacket structures and topside modules. This paper provides an account of our experience gained over the last 20 years performing decommissioning activities. The paper presents the evolution of the techniques developed and focuses in particular on the Lift and Tow method developed after 2004 for a number of subsea applications. Problems always materialise post contract award due to inadequate data. The paper gives a detailed description of the Lift and Tow method along with various innovative techniques developed for this method, ranging from lifting operations supported by motion forecasting through to personnel access onto the structures.

The Perceived Effectiveness of Blockchain for Digital Operational Risk Resilience in the European Union Insurance Market Sector

Due to the rise in the demand for information communication technologies (ICT), the need for operational risk resilience within the European insurance market sector has grown exponentially. This study aims to use the case of blockchain to evaluate whether the five characteristics determined from the literature to be required for effective digital risk resilience (specifically, integration, flexibility, reliability, relevance, and timeliness) have an impact on effectiveness in addressing the requirements of the European Union’s proposed Digital Operational Resilience Act (DORA). To achieve this, we developed a survey with 29 statements, which participants were required to answer using a five-point Likert scale. In total, 513 valid responses were received from participants. These were analyzed using exploratory factor analysis (EFA), confirmatory factor analysis (CFA), and structural equation modeling (SEM). Results show that in the case of blockchain, reliability, flexibility, and relevance were found to significantly relate to its effectiveness in addressing DORA’s requirements, but relationships of effectiveness with integration and timeliness were found to be insignificant. However, when the experience variable was added to the model as the moderator variable, we found that timeliness and relevance have a significant relationship with blockchain effectiveness, while integration, reliability, and flexibility do not.

COMPARATIVE CHARACTERISTICS OF MEDICINAL PRODUCTS ASSORTMENT, MEDICAL DEVICES AND DIETARY SUPPLEMENTS BASED ON CHITOSAN DERIVATIVES REGISTERED IN THE REPUBLIC OF BELARUS, THE RUSSIAN FEDERATION, UKRAINE AND THE REPUBLIC OF KAZAHSTAN

The article presents the nomenclature of medicines, medical devices and dietary supplements based on chitosan derivatives registered in the Republic of Belarus and the neighboring countries. Comparative marketing research of the product groups studied has been carried out. Marketing parameters of this market sector have been established: the list and the structure of this segment by the drug form, manufacturing countries, pharmaceutical distributors and sources of origin. The assortment was analyzed in the specified regions according to the indicators: the number of names, pharmacological action, dosage form and the group of products in accordance with their registration. The coefficients of breadth, completeness and depth of assortment have been calculated. The expediency of studying pharmacological properties of chitosan derivatives further and the development of new original medicinal products based on them is shown.

Globalization and the direction of the Canadian publishing industry

Since the merger of Indigo and Chapters in 2001, and the bankruptcy of Stoddart Publishing and General Distribution Services in 2002, the Canadian publishing industry has faced perilous times in an already troubled market sector. In addition to the problems specific to the Canadian publishing industry- for example, federal and provincial funding cuts to the industry; the monopoly of the book retail market by the chain outlet Chapters-Indigo; the difficulty and expense of book distribution within Canada; competition from multinational publishing companies; the lack and expense of traditional marketing opportunities- the growing global market for books presents further difficulties for an industry that is struggling to retain its "Canadian" focus. This study considers the recent impact, both positive and negative, of globalization on the Canadian book industry, with a specific focus on publishers as the key figures in this industry. By surveying three publishing houses that represent specific segments of the industry- large multinational, mid-size, and small presses- I examine different approaches to surviving in the current book market and offer several conclusions about the future of Canadian publishing, most notably that the larger the publishing house, the less it is troubled by challenging market conditions.

Globalization and the direction of the Canadian publishing industry

Since the merger of Indigo and Chapters in 2001, and the bankruptcy of Stoddart Publishing and General Distribution Services in 2002, the Canadian publishing industry has faced perilous times in an already troubled market sector. In addition to the problems specific to the Canadian publishing industry- for example, federal and provincial funding cuts to the industry; the monopoly of the book retail market by the chain outlet Chapters-Indigo; the difficulty and expense of book distribution within Canada; competition from multinational publishing companies; the lack and expense of traditional marketing opportunities- the growing global market for books presents further difficulties for an industry that is struggling to retain its "Canadian" focus. This study considers the recent impact, both positive and negative, of globalization on the Canadian book industry, with a specific focus on publishers as the key figures in this industry. By surveying three publishing houses that represent specific segments of the industry- large multinational, mid-size, and small presses- I examine different approaches to surviving in the current book market and offer several conclusions about the future of Canadian publishing, most notably that the larger the publishing house, the less it is troubled by challenging market conditions.

Halal Industry in the Republic of Tatarstan

The article analyzes the current state and topical problems of the “halal” industry in the Republic of Tatarstan. The author considers the stages of formation of this market sector and peculiarities of its functioning in the region. It is noted that the Islamic Economic Model (IEM) is the core on which the “halal” industry is based and developed. In turn, the concept of “permissible” and “forbidden” regulates the spheres of public relations among Muslims. The author examines the Halal Lifestyle and Halal Friendly directions, shows their main directions operating in the Republic of Tatarstan. The system of certifi cation in the past and present has been studied, and problems that need to be solved have been identifi ed.

Potential Legal Conflict For The Implementation Of Financial Services Authority Regulation Number 65 /POJK.04/2020

Financial Services Authority Regulation Number 65 / POJK .04 / 2020 was promulgated to increase effectiveness and justice in law enforcement in the capital market sector. The form of legal protection regulated is the Return of Unauthorized Profits and the Investor Loss Compensation Fund (Disgorgement Fund). The research objective in this paper is to find potential legal conflicts that arise in the implementation of the Financial Services Authority Regulation Number 65 / POJK .04 / 2020. The research method, this type of research is normative juridical research, which uses secondary data. The findings obtained are that there are two potential legal conflicts. First, there is a potential conflict between the Financial Services Authority Regulation Number 65 / POJK .04 / 2020 and Law Number 37 of 2004. Second, the Potential Conflict between the Financial Services Authority Regulation Number 65 / POJK. 04/2020 with Law Number 37 the Year 2004 and Law Number 40 the Year 2007, which will obstruct legal objectives.

Diagnosis of the Concentration of the Colombian Upstream Market Sector and Proposals for Increased Competitiveness

Given the importance of the O&G sector (exports, national budget, royalties, etc.) in the economy of countries that possess this natural resources and the increased exposure of the economy of these to the cyclical dynamics of the O&G industry, it becomes necessary unequivocally an analysis and comparison of the most used market concentration measures applicable to the upstream framework that affect the distribution of oil production and reserves to determine proposals for an increase in competitiveness, in this case analyzing the metrics in the range 2004-2016 in Colombia. The process starts from collecting the most reliable information from different associations, regulators and sources, calculating the most used market concentration measures, considering assumptions for the statistical analysis of the data as tests of normality (Shapiro-WilK Test) and then analysis and comparison of the HHI as measure of concentration of the E&P upstream market in Colombia obtained conclusions and recommendations. Ideal values were determined and recommended according to better HHI references that would imply a less concentrated upstream sector and competitive advantage to the country regionally to attract foreign direct investment (FDI). An alienation and division of National oil company- NOC from the Colombian state is proposed, divide upstream into 3 E&P companies plus 1 Midstream Transporting Company + 1 Downstream Refining Company, it is recommended given the opportunity of a possible development of unconventional resources in the country, and the economic uncertainty at the beginning of these developments, that the opportunities for pilots and initial projects be by law and in principle distributed among various private E&P operators or in associations of the state company with experienced operators, this would distribute the exploratory risk of the projects, improve the sector's competitiveness and avoid unnecessary investment exposure to the state in these ventures. The objectives, methods, processes and results obtained can be homologated to other countries with NOC, showing a direct roadmap to follow so that the economic associated with natural hydrocarbon resources allow us to further leverage the development of societies in general, but mainly developing countries rich in these resources in an environment of low prices and increasing competitiveness.

OPTIMASI PENGAWASAN OLEH OTORITAS JASA KEUANGAN DI BIDANG PASAR MODAL MENURUT HUKUM POSITIF DI INDONESIA

The development of the capital market in Indonesia has increased from time to time but this development is not without obstacles. The obstacle that often arises is the occurrence of fraudulent practices in the capital market involving legal subjects in the capital market itself. Therefore, it is necessary to optimize supervision by the OJK in the Capital Market sector to minimize this fraudulent practice. The type of research used in this research is Normative Research with a statutory approach (Statute Approach), Conceptual Approach (Conceptual Approach), Case Approach (Case Approach), and Analysis Approach (Analytical Approach). This study also uses legal materials which consist of primary legal materials, namely legal materials in the form of Law No. 8 of 1995 concerning the Capital Market and OJK laws and regulations, secondary legal materials, namely literature related to the issues raised in this study and materials. Tertiary Law consists of a legal dictionary and encyclopedia. Legal material collection techniques used in this research is a Documentation Study with Legal Material Analysis, namely Qualitative Descriptive Analysis. The results of this study are Optimization of Supervision by the Financial Services Authority in the Capital Market according to positive law in Indonesia, namely Revising Law No. 8 of 1995 concerning Capital Markets. Revised Law Number 21 the Year 2011 concerning the Financial Services Authority. The supervisory mechanism carried out by the OJK is to use a system of supervisory tools and supervisory action covering various checks such as securities transactions, securities agency compliance, investment management compliance, issuer compliance, and professional and supporting institutions compliance

Optimize the Time and Network on the Distribution of Tempe Industry by Using the Approach of the Assignment and Networking

The problems that occur in the soybean tempe home industry are the competition in the market sector and unstable prices. The purpose of this study is to determine the assignment of employees in performing their works and to distribute them to each destination with the shortest distance. The research method used is assignment, networking using the assistance of the operations management software program - quantitative methods (POM-QM) for windows. The data used are the primary data conducted in a preliminary study. In addition, data collection techniques are carried out in several ways, namely interviews, observation and schedule recording. The finding provides optimal results for all four employees based on suitable jobs. Each employee is employee 1 with a type of laundering taking 17 minutes. Employees 2 with a kneading type of work taking 35 minutes. Eemployees 3 with wrapping job type taking 10 minutes. Meanwhile, eemployees 4 is breawing taking 15 minutes. In addition, the distribution of tempe to the destination point with the shortest route produces a distance of 76 km.