Changing Patterns of Learning in Oil and Gas Industry

2021 ◽  
Author(s):  
Ferid Hajiaghabayli ◽  
Elnara Babayeva ◽  
Mehman Haydarov

Abstract Covid-19 pandemics have made innovations even more crucial and used them to take market power over competitors considering challenges that the world and global economy face. To achieve this goal, organizations need competent and high-expertise human capital as a workforce. That is one of the key reasons organizations increase their investment in developing, re-skilling and up-skilling their workforce via various learning and development programs and solutions compared to previous years. Given the direct impact of this process on the company's revenues, the following graph demonstrates the value flow generated (Figure 1): Organizations aim to ensure minimum time and efficient expenditure structures to achieve and build a learning system that delivers sustainable developmental solutions and interventions. Knowledge sustainability is a purpose, which focuses on various learning methods and solutions to make knowledge last and kept longer. A learning management system (shortly, LMS) is a platform that gathers all the learning solutions in one place and automates the process of learning to present development opportunities to end-users - learners/employees. Digital learning enables users/employees to develop their competencies quickly, no matter the place and time and makes knowledge and information accessible for all, and gives an unlimited option to relearn, repeat and refresh anything already completed unlimitedly.

2014 ◽  
Author(s):  
John Connor ◽  
Mark Butterworth ◽  
Karen Casey ◽  
Geoff Eddon ◽  
Jared Kapela ◽  
...  

2020 ◽  
pp. 185-206
Author(s):  
Kenneth P. Miller

This chapter examines the deep Texas-California divide over energy and environmental policies. The modern Texas economy was built on energy, and the state remains the nation’s leading producer. The state’s development of fracking has revolutionized the oil and gas industry and has helped the nation break its dependence on foreign oil. Texas has also increased its production of renewable energy, but believes the global economy will rely for the foreseeable future on fossil fuels and resists restrictions on these resources. California, by contrast, has become a global leader in the fight against climate change. It has aggressively regulated carbon emissions and mandated a massive switch to renewable energy sources. California is the only state that can impose emissions regulations more strict than federal standards. As power has shifted in Washington, California has alternated between translating its environmental policies into federal law and defending its policies from federal challenge.


2011 ◽  
Vol 51 (1) ◽  
pp. 147
Author(s):  
Ciaran Lavin ◽  
Terry Walker ◽  
Yvette Knowles

An uncertain global economy, offset by strong commodity prices, provided the backdrop to a subdued yet solid level of exploration activity in 2010. The major loci of activity in the Australian oil and gas industry were the Exmouth Plateau, where exploration for conventional gas in support of LNG projects was the primary driver, and the Bowen/Surat Basin, where coal seam gas (CSG) for LNG was the main target. Onshore permit awards dominated new licensing in 2010, with 31 exploration permits awarded over an area of 190,000 km2. The majority of these permits are focused on unconventional gas exploration. Conversely only 14 exploration permits (30,000 km) were awarded offshore, all in northwest Australia. This historically low level can be related to an already extensive coverage of existing permits in the offshore petroleum provinces and delays in the announcement of acreage awards from the 2009(II) acreage release. Twenty-nine 2D seismic surveys were started in 2010, with three still active at the end of the year. Once completed, the 2010 surveys will total nearly 37,000 km of data, with 76% offshore. Twenty-one 3D seismic surveys commenced in 2010, with six still active at year end. The 2010 surveys will ultimately comprise approximately 29,000 km2 of data, with 95% offshore. Northwest Australia dominated seismic activities. Exploration drilling for conventional hydrocarbon resources was relatively subdued in 2010, with 63 wells spudded, compared to 92 wells in 2008 and 74 in 2009. Of the 49 wildcat wells where results are known, 51% reported hydrocarbon discoveries. This was a little less than the 57% in 2009 and up on the 39% in 2008. The discoveries were distributed across most of the traditional petroleum provinces. High levels of CSG drilling continued in 2010, exceeding 2008 activity but less than that of 2009. At least 648 CSG wells were spudded in 2010, mostly in the new heartland plays of the Bowen/Surat, Gunnedah and Clarence-Moreton basins. This compares with more than 600 CSG wells drilled in 2008 and more than 900 in 2009. The first dedicated Australian shale gas exploration drilling took place in 2010. Emerging shale plays in the Cooper and Perth basins were tested.


2021 ◽  
Vol 73 (02) ◽  
pp. 8-9
Author(s):  
Tom Blasingame

The purpose of life is to discover your gift. The work of life is to develop it. The meaning of life is to give your gift away. - David S. Viscott, American psychiatrist Steering by the Stars History is a guide to navigation in perilous times. History is who we are and why we are the way we are. - David McCullough, American historian I recently read a “thought piece” in a major magazine that was a fictional account of how a new CEO would address his or her company’s employees while simultaneously restructuring the company’s units to deal with the pandemic. The fictitious CEO focused on prioritizing two things: treating the employees with respect while rewarding their loyalty and contributions and taking the necessary actions to maintain and improve engagement and sales for the company’s customers. This story is a reminder of the effect the pandemic has on businesses - all businesses. When the need to hire, utilize, and retain the very best talent is absolutely essential, do talented people really need to be micromanaged and endlessly evaluated? Or should we have the confidence to let them do their jobs? As I have mentioned in past columns, we (the big we - the oil and gas industry) will emerge leaner and a lot meaner when this storm finally passes. Employment, promotions, career mobility, and access to capital will become much more competitive. Our next generation, the students, need to understand and accept this. Young professionals need to realize that being a best-in-class performer may not be an option, and yes, layers of management will disappear as we rely on people to self-motivate and self-optimize their performance. We must also focus on what our customers want, namely energy security, diversity of access to energy, a lower-carbon future, and assurances that we are “walking the walk” on ESG issues. ESG stands for environmental, social, and corporate governance, in case you forgot. Each of these is both desirable and achievable - and need I restate that this is what our customers want? So how do we “steer by the stars?” Start with the obvious: If you can’t see the stars, you may want to wait until you do. Most importantly, this method works - crudely perhaps, and certainly not with the precision or reliability of GPS, but we aren’t trying to thread a needle. We are trying to ensure the significance of our industry and the livelihoods of our people. Understanding how to get where we need to be is the most essential element to getting there. We have the talent, technology, and infrastructure to provide a vital energy component. We need to make sure that we are “steering” toward our customers and toward a future where we continue to make a significant social and economic impact on the global economy.


2014 ◽  
Author(s):  
John Connor ◽  
Mark Butterworth ◽  
Karen Casey ◽  
Geoff Eddon ◽  
Jared Kapela ◽  
...  

2019 ◽  
pp. 68-76 ◽  
Author(s):  
A. Volkov ◽  
R. Shepelev

Current state of innovative development in the oil and gas industry has been considered. The importance of the oil and gas industry for the economic development of the Russian Federation has been noted. Comparison of the results of research and development funding levels among domestic and foreign companies has been performed. A system of private indicators to assess the level of development of innovative activity of companies, taking into account the financial, production and technological indicators of companies, has been proposed. The results of testing this system of indicators have been adduced. The main approaches to the formation of Innovative Development Programs of companies with state participation have been considered. The main tasks of technological development for the domestic oil and gas complex have been highlighted.


Author(s):  
Michaela Ibrion ◽  
Nicola Paltrinieri ◽  
Amir R. Nejad

Abstract This paper presents the risk reduction in Norwegian oil & gas industry over the time (1975–2016) through a life cycle perspective analysis with the aim to identify the critical stage(s) both in terms of accident occurrence and cause of the accident. Fifteen accidents, major accidents and disasters for example Ecofisk 2/4 Alpha 1975, Alexander L. Kielland 1980, Songa Endurance 2016 were studied. Cases from outside of the Norwegian offshore field — the Piper Alpha 1988, the Bourbon Dolphin 2007, and the Deep Water Horizon 2010 — were also considered as comparison. For each accident and through the life cycle analysis, the occurrence stage of the accident and its main technical causes were identified and compared. It was found that a high risk is concentrated in the Operation (In-Service) stage and associated Marine Operations. Furthermore, it was observed that a high number of accidents in oil and gas industry are associated with mobile structures. All the investigated accidents have acted as powerful reminders to the oil and gas industry that a continuous improvement of risk management and reduction of uncertainty are of paramount importance in order to ensure safe operations and risk reduction for accidents, major accidents and disasters. However, a reactive learning from major accidents and disasters needs to be supported by a proactive learning and development of a dynamic risk culture in the oil and gas industry.


2021 ◽  
Vol 2 (11) ◽  
pp. 34-38
Author(s):  
Wang Hao ◽  

The global economy is more and more in need of energy resources, the alternatives of which are of increasing interest to the world community, while oil and gas production is becoming problematic due to the irrational development of developed and not yet exposed formations. Among the decisions of a confi-dent choice to suppress competitive rivalry for the industry and macroeconomics, they understand a balanced approach to invested capital and optimization of the activities of the operating units. Based on the above factors, the oil and gas industry will quickly master the digitalization of management and business processes. The article discusses the peculiarity of the influence and development of the digital economy of enterprises on the ability to reform the oil and gas industry.


2017 ◽  
Vol 57 (2) ◽  
pp. 683
Author(s):  
S. Yeaw ◽  
A. Storstenvik ◽  
R. Vesterkjaer

After years of development, qualification and engineering, subsea compression technology is now a proven solution to increase the recovery factor for offshore gas developments. The first subsea compression system was installed at the Åsgard field in the Norwegian Sea, which started up successfully on 17 September 2015. This represents an important milestone for the oil and gas industry because, apart from representing the successful development of new subsea processing technologies, subsea compression also proves itself a viable alternative field development option to oil and gas operators. This paper shares the experiences of Aker Solutions on the Åsgard subsea compression project, from the design and the project execution phases up to the operational phase, highlighting key learnings. In addition, the paper outlines the ongoing development activities to optimise the compression system delivered for Åsgard, with particular focus on unit size and weight optimisation without requiring any qualification activities of new technologies. This new-generation subsea compression system will extend the applicability of this technology to a much wider range of fields and offshore regions.


Author(s):  
Raisa Azieva

New breakthrough technologies can have a positive or negative impact on the development of the fuel and energy sector. Therefore, the main thing is to evaluate technologies, analyze their suitability for the industry and determine priorities for future opportunities, i.e., identify technologies that provide new advantages for the energy world, and determine how, when and how their impact will become tangible. In this regard, researchers have determined that the innovative technology of the XXI century, recognized to transform the national and global economy is the blockchain technology. The article provides an overview of blockchain technology, defines the principles of its operation and possible applications, i.e., identifies the mechanism of action of the revolutionary system, as well as presents the players of the oil and gas industry to launch blockchain technology and identifies the advantages of innovative technology used in the oil and gas sector. It is determined that on the basis of the new technology, it is possible to create a single network for digitizing all interaction processes and automating them. The study also shows that the scope of application of blockchain in the oil and gas business is much broader, which determines the possibility of further consideration of a wide range of the need for the use of blockchain technology for the oil and gas industry, as well as its impact on the development of oil and gas companies.


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