Energy saving in oilfields by using waste heat in the disposed water

Shehata, Walaa Mahmoud; Helal, M. A.; Gad, Fatma

doi:10.2298/ciceq211201019s

Cited by 1 publication

(2 citation statements)

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“…Embracing circular economy principles in the supply chain is another future trend for the oil and gas industry. Oil and gas companies need to shift towards a circular economy approach in their supply chain operations (Shehata and Gad, 2023;Sharma et al, 2023). This approach focuses on minimizing waste generation, promoting resource efficiency, and maximizing the reuse and recycling of materials.…”

Section: Embracing Circular Economic Principles In the Supply Chainmentioning

confidence: 99%

“…Oil and gas companies should actively explore the potential of blockchain technology to enhance supply chain management. Furthermore, the adoption of a sustainable business model is essential for the overall social well-being of the oil and gas industry (Shehata and Gad, 2023;Capobianco et al, 2021). This includes minimizing environmental impacts, promoting social responsibility, and ensuring long-term economic viability.…”

Section: Decentralized Supply Chains: the Role Of Blockchainmentioning

confidence: 99%

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The Evolution of Supply Chain Integration in the Oil Industry: A Comprehensive Review and Future Perspectives

Odochi Agho,

Okogwu,

Daraojimba

et al. 2023

j.trd.wrld.econ

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The oil and gas industry, pivotal to global energy demands, confronts transformative challenges in its supply chain integration (SCI). This paper delineates SCI’s intricate dynamics and evolving paradigms within the sector, accentuating both inherent obstacles and emergent opportunities. A salient challenge stems from the industry’s inherent complexity, characterized by fluctuating global demands, geopolitical uncertainties, infrastructural issues, and stringent regulatory environments. Simultaneously, increasing environmental concerns and stakeholder pressures emphasize the industry’s need for transparency, accountability, and sustainable operations. Forward-looking perspectives reveal the promise of digital twin technology, offering real-time monitoring and enhanced operational efficiencies in supply chains. The importance of stakeholder engagement for a comprehensive SCI strategy is highlighted, underlining the significance of multi-faceted dialogues with regulatory entities, local communities, and investors. The paper also underscores the necessity to prioritize environmental stewardship, with a pointed focus on embracing circular economy principles, reducing the environmental footprint, and endorsing sustainable business models. Moreover, decentralized supply chains facilitated by blockchain technology indicate a path toward heightened transparency and traceability. As renewable energy gains prominence, oil and gas enterprises must reimagine their supply chains, incorporating innovative technologies and strategies that complement the shift towards sustainability. This comprehensive analysis culminates in the assertion that for enduring success, the industry must actively foster a culture of innovation, adaptability, and visionary leadership. In conclusion, the oil and gas sector stands at a pivotal juncture; its choices today will chart the trajectory for its future relevance and prosperity.

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Section: Embracing Circular Economic Principles In the Supply Chainmentioning

confidence: 99%

Section: Decentralized Supply Chains: the Role Of Blockchainmentioning

confidence: 99%