Developing the industrial complex in Russia in conditions of transition to the digital economy

2021 ◽  
Vol 20 (3) ◽  
pp. 416-435
Author(s):  
Ol'ga P. SMIRNOVA
Keyword(s):  
Business Models ◽  
Oil And Gas ◽  
Additive Model ◽  
Digital Technologies ◽  
Oil And Gas Industry ◽  
Digital Economy ◽  
Industrial Complex ◽  
Industrial Complexes ◽  
Complex Development ◽  
Smart Technologies

Subject. The article addresses the transition of industry to the digital economy. It is extremely urgent, as the industrial complex is systemically important. Objectives. I consider the most important trends affecting the balanced and efficient functioning of the industrial complex. The aim is to assess and highlight barriers to its development in the digital environment, to devise comprehensive methodological tools to assess the level of industrial complex in the digital economy. Methods. The modules of diversification indicators are used as methodological tools for evaluating the industrial complex. The integral indicator of industrial complex development is calculated, using an additive model, and the distribution of intervals is specified, using the Sturges' rule. Results. In the industry, current trends in the digital economy dictate the need to improve innovative programs, introduce smart technologies to production processes. However, despite the activation of transformational processes of business models of industrial complexes engaged in manufacturing, the specifics of the technical base does not enable to move to digital technologies at the proper level, due to low adaptability. Conclusions. Using the considered methodological tools in practice will improve the reasonability of measures for introducing digital technologies, and, accordingly, enhance the efficiency of economic development of the industrial complex. The paper reveals the role of digitalization in improving the competitiveness of industries. It observes an increase in digital activity of the oil and gas industry.

How Digital Transformation Improves Perceptions of Oil and Gas Industry

2020 ◽  
Vol 72 (12) ◽  
pp. 33-33
Author(s):  
Chris Carpenter
Keyword(s):  
Digital Technology ◽  
Public Perception ◽  
Business Models ◽  
Oil And Gas ◽  
Digital Technologies ◽  
Oil And Gas Industry ◽  
Production Optimization ◽  
Petroleum Engineering ◽  
Co2 Injection ◽  
The Impact

The final afternoon of the 2020 ATCE saw a wide-ranging virtual special session that covered an important but often overlooked facet of the unfolding digitalization revolution. While the rising wave of digital technology usually has been associated with production optimization and cost savings, panelists emphasized that it can also positively influence the global perception of the industry and enhance the lives of its employees. Chaired by Weatherford’s Dimitrios Pirovolou and moderated by John Clegg, J.M. Clegg Ltd., the session, “The Impact of Digital Technologies on Upstream Operations To Improve Stakeholder Perception, Business Models, and Work-Life Balance,” highlighted expertise taken from professionals across the industry. Panelists included petroleum engineering professor Linda Battalora and graduate research assistant Kirt McKenna, both from the Colorado School of Mines; former SPE President Darcy Spady of Carbon Connect International; and Dirk McDermott of Altira Group, an industry-centered venture-capital company. Battalora described the complex ways in which digital technology and the goal of sustainability might interact, highlighting recent SPE and other industry initiatives such as the GAIA Sustainability Program and reviewing the United Nations Sustainable Development Goals (SDGs). McKenna, representing the perspective of the Millennial generation, described the importance of “agile development,” in which the industry uses new techniques not only to improve production but also to manage its employees in a way that heightens engagement while reducing greenhouse-gas emissions. Addressing the fact that greater commitment will be required to remove the “tougher two-thirds” of the world’s hydrocarbons that remain unexploited, Spady explained that digital sophistication will allow heightened productivity for professionals without a sacrifice in quality of life. Finally, McDermott stressed the importance of acknowledging that the industry often has not rewarded shareholders adequately, but pointed to growing digital components of oil and gas portfolios as an encouraging sign. After the initial presentations, Clegg moderated a discussion of questions sourced from the virtual audience. While the questions spanned a range of concerns, three central themes included the pursuit of sustainability, with an emphasis on carbon capture; the shape that future work environments might take; and how digital technologies power industry innovation and thus affect public perception. In addressing the first of these, Battalora identified major projects involving society-wide stakeholder involvement in pursuit of a regenerative “circular economy” model, such as Scotland’s Zero Waste Plan, while McKenna cited the positives of CO2-injection approaches, which he said would involve “partnering with the world” to achieve both economic and sustainability goals. While recognizing the importance of the UN SDGs in providing a global template for sustainability, McDermott said that the industry must address the fact that many investors fear rigid guidelines, which to them can represent limitations for growth or worse.

The Digital Economy

2019 ◽  
Vol 5 (09) ◽  
Author(s):  
Mohammed Bazzoun
Keyword(s):  
Cyber Security ◽  
Business Models ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Digital Economy ◽  
Customer Engagement ◽  
Gas Industry ◽  
Early Adopters ◽  
Smart Products ◽  
Work Management

Five major technology trends have collided to shape what is becoming known as the digital economy: Hyper-connectivity, supercomputing, cloud computing, cyber security, and smart products have created a world where the traditional boundaries of products vs. service offerings no longer exist. Individuals, businesses, and societies are connecting in real time, creating a world that is more collaborative, intelligent, and responsive. Fortunately, the oil and gas industry has been highly automated and digitized for decades. Yet the technology powering the digital economy is taking connectivity to a new level, transforming nearly every aspect of operations and customer engagement. Early adopters are growing shareholder and stakeholder value faster than their peers while those failing to adapt are falling behind. Staying ahead of the curve means taking a hard look at existing practices and reimagining everything from business models and processes to work management solutions.

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.

Technology Focus: Decarbonization (July 2021)

2021 ◽  
Vol 73 (07) ◽  
pp. 64-64
Author(s):  
Nigel Jenvey
Keyword(s):  
Business Models ◽  
Oil And Gas ◽  
Natural Capital ◽  
Ghg Emissions ◽  
Oil And Gas Industry ◽  
Policy Support ◽  
Continuous Change ◽  
Gas Industry ◽  
The Past ◽  
Technology Focus

Have you noticed the change in the oil and gas industry over the past year with its engagement in carbon management, decarbonization, and net-zero-emissions targets? Policy support and technology advances in alternative energies have delivered massive cost reduction in renewables more quickly, and to a greater degree, than expected. Over the past few years, more of the world’s capital has been spent on electricity than oil and gas sup-ply, and more than half of all new energy-generation capacity is now renewable. Some elements of society, therefore, have suggested that this is the beginning of the end for the fossil-fuel sector and call for investors to turn away from oil and gas and “leave it in the ground.” In more than a century of almost continuous change, however, the oil and gas industry has a long track record of innovative thinking, creative solutions, and different business models. SPE papers and events that covered decarbonization during the past year show that a wide variety of solutions already exist that avoid, reduce, replace, offset, or sequester greenhouse gas (GHG) emissions. It is clear, therefore, that decarbonization technologies will now be as important as 4D seismic, horizontal wells, and hydraulic fracturing. That is why we now bring you this inaugural Technology Focus feature dedicated to decarbonization. The experience and capability of the entire JPT community in decarbonization is critical. Please enjoy the following summary of three selected papers on the role of natural gas in fuel-switching; carbon capture, use, and storage (CCUS); and hydrogen technologies that deliver the dual challenge of providing more energy with less GHG emission. There are many ways to engage in the SPE decarbonization efforts in the remainder of 2021. Regional events have addressed CCUS, hydrogen, geothermal, and methane. There is also the new SPE Gaia sustainability program to enable and empower all members who wish to engage in the alignment of the future of energy with sustainable development. The Gaia program has an on-demand library of materials, including an existing series on methane, and upcoming similar events on other energy transition, natural capital and regeneration, and social responsibility priorities. Get involved through your SPE section or chapter or contact your regional Gaia liaison to find out what Gaia programming you can support or lead at www.spe.org/en/gaia.

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.

scholarly journals Management of port industrial complex development: environmental and project dimensions

2018 ◽  
Vol 193 ◽  
pp. 05055 ◽  
Author(s):  
Vlada Orlova ◽  
Igor Ilin ◽  
Svetlana Shirokova
Keyword(s):  
Performance Indicators ◽  
Research Process ◽  
Industrial Complex ◽  
Industrial Complexes ◽  
Complex Development ◽  
Process Methodology ◽  
Environmental Process ◽  
Institutional Aspects ◽  
Definition Of ◽  
Managerial Experience

Experience of the leading port industrial complexes indicated high socio-economic performance indicators. However, not every port becomes a basis for formation of a port industrial complex. In different countries, formation happens differently. According to the functional problems, Russian port industrial territories have a lack of development of managerial approaches to its formation and development. Overview of the development of Russian port industrial complexes shows that shortage of research on strategical management, including investment and institutional aspects, leads to an absence of methodological basis for engineering industrial port zones, as well as its strategical development. This requires detection of typical problems of the development of Russian and foreign port industrial complexes, definition of influencing factors, and systematization of managerial experience. During research process, methodology for system economic theory, which is best suited for a complicated territorial facility, was used. Such methodology considers interrelations among environmental, process, project, and object aspects. Namely, the problems of formation and development of port industrial complexes, as well as factors contributing to its growing potential, were identified and systematized in comparative order.

The scalability challenge: pathways to future decarbonisation and the impact on the oil and gas industry

2020 ◽  
Vol 60 (2) ◽  
pp. 548
Author(s):  
Gavin Thompson
Keyword(s):  
Business Models ◽  
Oil And Gas ◽  
Energy Transition ◽  
Oil And Gas Industry ◽  
Energy System ◽  
Paris Agreement ◽  
Gas Industry ◽  
Alternative Technologies ◽  
Multiple Challenges ◽  
The Impact

How will the global energy system move sharply towards a pathway compatible with the goals of the Paris Agreement by 2030? Despite great efforts on cost reductions in renewables, alternative technologies, advanced transportation and supportive government policies, progress to date is not enough. The challenge is now one of scalability. Although some technologies required for a 2°C future are economic and proven, many others are not. Optimists look at the cost of solar and wind and say we have all we need to achieve our targets. The reality is that significant additional investment is needed to get them to material scale, globally. And too often huge challenges are downplayed in sectors beyond power and transport, including industry, aviation, shipping, heating and agriculture. Given the criticality of climate change, these multiple challenges must now be addressed. Consequently, any accelerated pace of decarbonisation represents an existential challenge to the oil and gas industry, including in Australia. If companies are to remain investible through the long term, all will need to transition to business models that are aligned with the goals of the Paris Agreement. This paper considers what the path to decarbonisation could look like and how oil and gas companies must respond in order to prosper through the energy transition.

scholarly journals International Oil Companies Sustainability after Oil Price decline

2017 ◽  
Vol 11 (1) ◽  
pp. 157-167
Author(s):  
Adrian D. Tantau ◽  
Mohammadreza Khorshidi ◽  
Ali Asghar Sadeghi Mojarad
Keyword(s):  
Business Models ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Green Energy ◽  
Gas Industry ◽  
Oil Companies ◽  
Market Situation ◽  
Important Challenge ◽  
Gas Price ◽  
Sustainability Report

Abstract International Oil Companies (IOC’s) had been playing a major role in oil industry at the beginning of 20th century. They had many volatility during last century and faced with many obstacles which forced them to change their business models and improve their outcome to satisfy their shareholders. One of the most important challenges was oil nationalization in oil producer countries which were happened by establishment of NOCs. Later green energy issue which came from CO2 emission problem happened and recently, oil and gas price diminish challenges, involve all IOCs with the most important challenge in last century after all. Among all those events, one of the most important key values which have been observed by IPIECA, API and IOGP associations every year is Sustainability. The objectives of the research are study all issues and indicators of sustainability in IOCs. Each indicator has faced with different strategy via IOCs in different market situation. The importance of this key value cause that it is observed by some important association like IPIECA, API and IOGP each year. As the scarcity of related references for business model in oil and gas industry, literature review of some resources and annual sustainability report followed by a questionnaire as a survey are also selected methods for recent major challenges to achieve required result.

scholarly journals Digitalization of the economy as a pedagogical problem

2021 ◽  
Vol 27 (4) ◽  
pp. 99-106
Author(s):  
N. B. Strekalova ◽  
O. I. Podulybina
Keyword(s):  
Professional Training ◽  
Business Models ◽  
Scientific Literature ◽  
Digital Technologies ◽  
Digital Economy ◽  
High Tech ◽  
It Infrastructure ◽  
New Business ◽  
Main Components ◽  
New Business Models

The article provides an overview of trends in the digital economy that affect the professional training of a modern specialist. The essence of the concept of digitalization and its main components are determined, the author's interpretation of this concept is given. Particular attention is paid to the signs of a digital economy: the presence of a high-tech IT infrastructure, processing of big data based on modern digital technologies, the creation of digital solutions (products, platforms), the design of new business models. A theoretical analysis of scientific literature was carried out and a list of competencies that a specialist in the digital economy should possess was identified. To confirm the results obtained, an analysis of the opinions of employers was carried out, on the basis of which the most significant competencies and professional qualities of a specialist in the digital economy were identified. Based on the results of the analysis of employers' requirements for modern specialists, the tasks of vocational education for the training of a specialist in the digital economy were identified.

scholarly journals Методологический подход к разработке и реализации стратегии институциональных преобразований промышленного комплекса

2019 ◽  
pp. 69-81
Author(s):  
Алексей Боев
Keyword(s):  
Methodological Approach ◽  
Digital Economy ◽  
Strategy Development ◽  
Industrial Complex ◽  
Industrial Complexes ◽  
Enterprise Transformation ◽  
General Scientific ◽  
Definition Of ◽  
Economic Understanding ◽  
Implementation Of The Strategy

Статья посвящена формированию методологии разработки и реализации стратегии институциональных преобразований промышленных комплексов в условиях цифровой экономики. Предложены авторские определение и структурно- содержательная схема методологии. Сформирована методологическая матрица, систематизирующая категориальный аппарат, принципы, подходы, методики, методы и модели построения стратегии по уровням научного знания. Разработан алгоритмизированный методологический подход к созданию и реализации стратегии институциональной трансформации промышленного комплекса в цифровой среде. The paper is devoted to creating the methodology and to the topical issues of developing and implementing the strategy for the industrial complexes institutional transformations under the conditions of the digital economy. The paper investigates general scientific and economic understanding of the methodology notion, shows its specific characteristics. The definition of the methodology for developing and implementing the strategy for the industrial complex transformations was proposed. It is an integrated set of principles, approaches and tools, united by a common logic of construction and the relevant categorical apparatus, that allows to solve theoretical and conceptual, organizational, economic, managerial and other issues of institutional strategy, digital innovations and enterprise transformation. The methodological matrix, which systematizes categorical apparatus, principles, approaches, methods and models of the strategy development according to the levels of scientific knowledge was generated. The structural scheme of the methodology and algorithm-based methodological approach to the development and implementation of the strategy for the industrial complex institutional transformation in the digital environment were developed. The content of each stage of the methodological approach was substantiated. The means of the investigation included the general-scientific and special methods: analysis, synthesis, structuring and description, systems and process approaches. The results of the investigation can be used as a theoretical and methodological basis for the formation and implementation of the strategy for the industrial complex transformation in the digital economy.

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