Using a Digital Platform to Model Interaction between Oilfield Service Market Actors

Abstract

One factor that determines timeliness of the research topic is that the modern society where knowledge is a priority feels that, nowadays, the use of digital technologies should be a standard practice for interaction between actors of the Russian market for oilfield services. Considering the above, this paper is aimed at working out interaction methods for those oilfield service market actors who are involved in equipment reconditioning and renovation. In their research the authors mainly relied on systematic analysis, integrated analysis and economic mathematical modelling. This approach allowed them to develop comprehensive and realistic algorithms for and models of effective interaction between oilfield service market actors using digital technologies. Materials presented in the paper are of practical value for researchers and experts who deal with problems arising from the use of state-of-theart technologies for better interaction between oilfield service market actors and managers of companies operating in oil and gas sector who outsource certain business processes of equipment reconditioning and renovation.

Digital Technologies in the Control System for Equipment Reconditioning in Oil and Gas Companies

“…The existing systems for fixed assets reconditioning in Russian oil and gas companies require further development by introducing new digital technologies. The development of digitalization of the control system for equipment reconditioning will have a significant impact on the adoption of effective management and technological decisions in the activities of oil and gas companies [6].…”