Conceptual Management Framework for Oil and Gas Engineering Project Implementation

Abstract

More than half of the global demand for energy resources is covered today by oil and natural gas, and according to various forecasts, it is expected to grow 1.5–2 times greater over the next 30–50 years. This creates serious prospects for the development of the national oil and gas sectors of various countries, including Russia. Modern industry challenges create significant restrictions for the development of Russian oil and gas resources, and considering their predominant technological nature, the key solution is the increase in internal technological potential, in particular through the implementation of engineering projects aimed at creating the necessary technological solutions. This article presents an approach to the development of a conceptual management framework that will allow for the effective implementation of oil and gas engineering projects. The methodology of the research includes desk studies, systematization, the expert method (including interviews and questionnaires), grouping, generalization, and algorithm design techniques. The results of the study showed that effective implementation of engineering projects should be based on a systematic management approach, one of which is the TRA process. This article analyzes the TRA methods, on the basis of which key project readiness indicators are identified. Based on a literature review and the expert method, the relevant readiness indicators necessary for the assessment of oil and gas engineering projects are substantiated. Given these indicators, the authors proposed a framework for a comprehensive readiness assessment of oil and gas engineering projects and developed an algorithm for management decision-making on project implementation.

Waste Management during the Production Drilling Stage in the Oil and Gas Sector: A Feasibility Study

“…According to the BCS Global Markets, the record for development drilling in Russia may be surpassed in 2023 [32]. A substantial portion of these fields remains undeveloped, existing solely on company balance sheets, while those under development continue to undergo exploration [28,29]. In 2022, geological exploration witnessed an increase from 2021, resulting in a boost of 816 million tons in oil reserves (categories A + B1 + C1) and 828 billion m 3 in natural gas reserves [30].…”

Optimizing Concession Agreement Terms and Conditions: Stakeholder Interest Alignment in the Petrochemical Sector

“…These parameters encompass the state and business participation percentages in project investments, the lifecycle of the concession agreement, the timeline for specific benefits, applied interest rates, concession payments to the state (in the form of concession fees), and government compensation to the concessionaire (either capital or an operating grant, or a minimum guaranteed return). Evaluation of these economic indicators (Lebedev and Cherepovitsyn 2024;Matrokhina et al 2023;Solovyova and Cherepovitsyn 2021;Tsiglianu et al 2023) can be performed through modeling, which enhances the precision of investment assessments, contributing to the more effective implementation of the project (Cherepovitsyn et al 2019(Cherepovitsyn et al , 2023Choi et al 2020). Insufficient substantiation of the specified parameters may result in concession agreements being less effective in their implementation compared to the investment justification.…”

Planar GaN/Cu2O Microcrystal Composite Junction Photoanode for Efficient Solar Water Splitting

“…With the rapid development of modern society, a large amount of energy is consumed. Human society’s heavy dependence on fossil fuels has led to rising global temperatures and severe environmental pollution. − To prevent further deterioration, renewable and environmentally friendly energy resources have become the focus. Hydrogen is a reliable option. − Photoelectrochemical water splitting is one of the most promising methods of hydrogen production by converting solar energy into chemical energy. − Since the first attempt by Fujishima and Honda as early as 1972, employing TiO 2 photoanodes, a large variety of semiconductor materials, such as Si, other metal oxides, including ZnO, and various III–V semiconductors have been used for water splitting. − Among them, GaN is a promising candidate due to its excellent chemical stability, direct energy band gap with high light absorption coefficient, large carrier mobility for efficient photogenerated electron–hole separation, and, importantly, the conduction- and valence bands of GaN straddle the water reduction and oxidation potentials, which is the indispensable condition for unassisted solar water splitting. − …”