Digitalization as a driver for the development of oil and gas companies in modern conditions

DOI: 10.33917/mic-5.100.2021.74-79

The article provides a justification for the feasibility of introducing digital technologies into the oil and gas industry, which nowadays experiencing a period of tightening competition because of falling oil prices, complicating the conditions for geological exploration and oil production, the development of «green» energy. There is a downward trend in demand for oil and petroleum products, which forces oil and gas companies to reduce costs and increase the efficiency of oil production in order to withstand pressure from competitors. For these purposes, many oil and gas companies are digitalizing their business processes. As the advantages of digitalization of the industry, the article discusses the reduction of costs for exploration and production of oil, and as barriers – underdeveloped infrastructure, a lack of highly qualified personnel and cyber threats.

References:

1. Balashova A.D., Bolshakova O.I. The impact of digitalization of business on the coefficient of oil recovery and increasing the efficiency of oil and gas companies // Bulletin of the University. 2019;5. URL: https://cyberleninka.ru/article/n/vliyanie-tsifrovizatsii-biznesa-na-koeffitsient-izvlecheniya-nefti-i-povyshenie-effektivnosti-deyatelnosti-neftegazovyh-kompaniy (In Russ.).

2. Salimyanova I.G., Zinchik N.S., Pogoreltsev A.S., Stepanenko D.A., Treyman M.G., Tsygankov I.S. Innovative development of enterprises in the conditions of digital transformation of the economy: a monograph under the general editorship of Doctor of Economics, prof. A.G. Bezdudnoy. SPb.: Publishing House of SPbGEU, 2020. 166 p. (In Russ.).

3. Yurikov A. S. International agricultural journal 1/2021 prospects and trends of oil and gas business development in the conditions of the modern crisis. 2021. URL: https://cyberleninka.ru/article/n/perspektivy-i-tendentsii-razvitiya-neftegazovogo-biznesa-v-usloviyah-sovremennogo-krizisa

4. Digital Revolution: how will the oil and gas industry change? URL: https://oilcapital.ru/article/general/05-12-2017/tsif

5. Evgeny Tretyakov. Technology will help oil companies earn another trillion in five years // Vedomosti. 30.10.2020. URL: https://www.vedomosti.ru/partner/articles/2020/10/30/8450 34-haitek-nefti (In Russ.).

6. Gazpromneft article «What prevents the figure?». 2021/ URL: https://www.gazprom-neft.ru/press-center/sibneft-online/archive/2021-april/5380267/

7. SberPro «How oil giants become IT companies». 2021. URL: https://sber.pro/publication/kak-neftianye-giganty-stanoviatsia-it-kompaniiami-1

Следить за новостями ИНЭС: