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Petroleum Industry Transformations

Author : Taran Thune
Publisher : Routledge
Page : 273 pages
File Size : 48,76 MB
Release : 2018-10-03
Category : Technology & Engineering
ISBN : 1351391631

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Taking the case of the Norwegian petroleum industry as its vantage point, the book discusses the question of industrial transformations in resource-based industries. The book presents new, empirically-based analyses of the development of the petroleum industry, with an emphasis on three ongoing transformation processes: Technological upgrading and innovation in upstream petroleum. Globalisation of the petroleum industry and suppliers’ experiences of entering foreign markets. Diversification into and out of petroleum – and the potential for new growth paths after oil. Drawing together a range of key thinkers in this field, this volume addresses the ways in which the petroleum industry and its supply industry has changed since the turn of the millennium. It provides recommendations for the development of resource economies in general and petroleum economies in particular. This book will be of great interest to students and scholars of energy policy and economics, natural resource management, innovation studies and the politics of the oil and gas sector.

A Digital Journey: the Transformation of the Oil and Gas Industry

Author : Jim Crompton
Publisher :
Page : 351 pages
File Size : 50,9 MB
Release : 2019-01-02
Category :
ISBN : 9781791890902

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Industry professionals will appreciate the authors' approach to developing a digital strategy from the bottom up, avoiding pitfalls from the tempting short cuts, to deliver data the business needs to gain a sustainable competitive advantage. Best practices are identified from an organization, process, and technology perspective, providing insight into how companies should prepare for and begin the digital journey. It is apparent to everyone within the Industry that significant changes are underway. These changes are being driven by the need to operate more efficiently and with fewer people. Picture a general flow of getting more for less, but on steroids! A catalyst for this change has been the application of digital technology, wherein lies a new focus on data science and analytics. This is starting to result in real and significant improvements to overall business performance for some operators. While big data and analytics get most of the attention, it is only one aspect of a broader movement that is popularly referred to as the Digital Transformation and which we have categorized as the Digital Oilfield 2.0; the next phase of the Digital Transformation. One critical aspect of the Digital Transformation that typically gets overlooked is the need for effective data management across the full Well lifecycle. The result of this lack of focus on the fundamentals is that many big data and analytics projects fail to deliver fully on the promised benefits with the occasional spectacular failure. In this book, the authors investigate and analyze the industry and technology trends that are driving the next phase of the Digital Transformation. They break this down into the component parts and present a framework for building an effective master data management platform and organization - it is not just about the technology. Combining this framework with best practices gathered over decades in the business, the authors present an approach to building out a Digital Strategy to help companies that are struggling to define their own journey towards a Digital Transformation.

Bits, Bytes, and Barrels

Author : Geoffrey Cann
Publisher : Madcann Press
Page : 290 pages
File Size : 50,22 MB
Release : 2019-01-08
Category : Gas industry
ISBN : 9781999514907

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The oil and gas industry is at a crossroads. Recent low prices, rapidly growing alternative fuels like renewables, the permanent swing from peak oil to super abundance, shifting consumer preferences, and global pressures to decarbonize suggest a challenged industry for the foreseeable future. Digital advances offer ways to lower costs of production, improve productivity, reduce carbon emissions, and regain public confidence. A wait-and-see attitude to digital innovation has failed many industries already, and the leaders of oil and gas urgently need guidance on how digital both disrupts and enhances their industry. Written by the world's leading experts on the intersection of digital technologies and the oil and gas industry, Bits, Bytes, and Barrels sets out the reasons why adoption is slow, describes the size and scale of both the opportunity and the threat from digital, identifies the key digital technologies and the role that they play in a digital future, and recommends a set of actions for leaders to take to accelerate the adoption of digital in the business. Providing an independent and expert perspective, Bits, Bytes, and Barrels addresses the impacts of digital across the breadth of the industry--from onshore to offshore, from upstream to midstream to integrated--and outlines a roadmap to help the decision-makers at all levels of the industry take meaningful action toward promising and rewarding digital adoption.

Dual Transformation

Author : Scott D. Anthony
Publisher : Harvard Business Review Press
Page : 272 pages
File Size : 21,51 MB
Release : 2017-03-28
Category : Business & Economics
ISBN : 1633692493

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Game-changing disruptions will likely unfold on your watch. Be ready. In Dual Transformation, Scott Anthony, Clark Gilbert, and Mark Johnson propose a practical and sustainable approach to one of the greatest challenges facing leaders today: transforming your business in the face of imminent disruption. Dual Transformation shows you how your company can come out of a market shift stronger and more profitable, because the threat of disruption is also the greatest opportunity a leadership team will ever face. Disruptive change opens a window of opportunity to create massive new markets. It is the moment when a market also-ran can become a market leader. It is the moment when business legacies are created. That moment starts with the core dual transformation framework: Transformation A: Repositioning today’s business to maximize its resilience, such as how Adobe boldly shifted from selling packaged software to providing software as a service. Transformation B: Creating a new growth engine, such as how Amazon became the world’s largest provider of cloud computing services. Capabilities link: Fighting unfairly by taking advantage of difficult-to-replicate assets without succumbing to the “sucking sound of the core.” Anthony, Gilbert, and Johnson also address the characteristics leaders must embrace: courage, clarity, curiosity, and conviction. Without them, dual transformation efforts can founder. Building on lessons from diverse companies, such as Adobe, Manila Water, and Netflix, and a case study from Gilbert’s firsthand experience transforming his own media and publishing company, Dual Transformation will guide executives through the journey of creating the next version of themselves, allowing them to own the future rather than be disrupted by it.

Oil in the Global Economy

Author : Raúl Delgado Wise
Publisher : APH Publishing
Page : 208 pages
File Size : 33,54 MB
Release : 1999
Category : Petroleum industry and trade
ISBN : 9788176480468

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Digital Transformation in the Oil and Gas Industry

Author : Kelsey Lynn Prestidge
Publisher :
Page : 0 pages
File Size : 31,58 MB
Release : 2022
Category :
ISBN :

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The digital transformation is proving to be a significant force for change globally and is especially true in the oil and gas industry. Many in the oil and gas industry struggle to understand what a digitally transformed future will look like. This thesis aims to explore the oil and gas digital transformation, its challenges, and potential solutions. By using this approach, organizations will be able to establish their organizations' current state (or baseline state), allowing them the opportunity to benchmark against what their future state will look like in the digital transformation environment. As oil and gas operators begin to contemplate the implications of their digital transformation and the coming changes to the upstream sector, all the key stakeholders must be engaged closely with the ecosystem to adapt to the disruptive trends. In the age of digital, oil and gas operators will also need to focus more on establishing partnerships that help promote technology innovation not only within their organizations but also within their business partners' organizations. Digital transformation will push the oil and gas industry out of its comfort zone. Oil and gas operators must prepare to embrace the discomfort to compete in the future.

Extreme Conditions

Author : John Strohmeyer
Publisher :
Page : 290 pages
File Size : 33,93 MB
Release : 2003
Category : Technology & Engineering
ISBN : 9781888125207

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"Nothing has changed Alaska as swiftly or as traumatically as the discovery of oil. In Extreme Conditions: Big Oil and the Transformation of Alaska, Pulitzer Prize-winner John Strohmeyer writes a riveting account of how it all happened. From the icy North waters, Strohmeyer takes the reader to the inside world of post-oil Alaska and shows what tumultuous changes--for good and bad--this gusher of money and influx of people have had upon America's last great frontier. The enduring relevance of this work makes it indispensable reading in understanding the current tensions among environmentalists, businesses, and Natives that characterize Alaska today."--Back Cover.

Organisational Transformation in the Russian Oil Industry

Author : Sarah Dixon
Publisher : Edward Elgar Publishing
Page : 283 pages
File Size : 18,49 MB
Release : 2008-01-01
Category : Business & Economics
ISBN : 1848444958

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The author of this volume provides an insider view of the story due to her involvement with the [Russian oil] industry over a long period and her access to information from key players of the industry. . . the book is a welcome addition, especially for its sound story line. Anyone interested in the transformation of the Russian oil industry will find it a valuable work. It will also inspire researchers to analyse organisational transformation of other types of industries, especially electricity and gas in many countries around the world that have undergone radical changes in the past. Subhes C. Bhattacharyya, International Journal of Energy Sector Management Sarah Dixon has produced a fascinating look at the internal workings of four major Russian oil companies during the decade following their privatisation in the mid-1990s. Dixon has utilised her in-depth knowledge of Russia and her business experience in its thriving oil industry to gain access to Russia s powerful business titans. Her insights and careful observations have resulted in a masterful analysis of organisational transformation during Russia s radical institutional upheaval. The book is a valuable contribution to resource-based theory by explaining linkages between organisational learning, dynamic capabilities, and implementation of organisational transformation. Practitioners will also benefit from the rich case studies offering insight into constraints and enablers of organisational transformation. Sheila M. Puffer, Northeastern University, Boston, US Here the example of the Russian oil industry in the context of transition from a planned to a market economy is used to develop a three-stage framework for organisational transformation. Four longitudinal case studies of Russian oil companies are drawn upon to explain the process of organisational transformation. The book highlights how and why this process differs between companies within the same industry, explores the complexity of the change process and discusses the importance of the top management team. The links between organisational learning, dynamic capabilities and the implementation of change are analysed. An interesting insight into the constraints and enablers of organisational change is also provided. The framework developed from this study can be successfully applied to other organisations wishing to bring about organisational change. Integrating several perspectives, including a resource-based view, organisational learning, dynamic capabilities and top management team theory, this book will be of great interest to scholars and researchers of business and management, international business and organisational behaviour.

Introduction to the Global Oil & Gas Business

Author : Samuel Van Vactor
Publisher : PennWell
Page : 0 pages
File Size : 26,22 MB
Release : 2010
Category : Business & Economics
ISBN : 9781593702144

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To the casual observer, the oil business seems constant and unchanging. Most gasoline stations have done away with attendant services, and credit cards are accepted directly at the pump, but drive-in access and brand names remain largely as they have been for generations. The faade, however, is just that; it is like the false front of a Western town put in place to make everything seem bigger and grander than it really is. The familiarity of the oil industry's retail outlets masks extraordinary changes in how the industry engages in its four primary sectors of activity: finding and producing crude oil, transportation, refining, and marketing.

Lean Refining: How to Improve Performance in the Oil Industry

Author : Lonnie Wilson
Publisher : Industrial Press
Page : 0 pages
File Size : 33,29 MB
Release : 2017
Category : Technology & Engineering
ISBN : 9780831136123

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Lean Refining: How to Improve Performance in the Oil Industry addresses the tremendous opportunities this quality improvement system can exploit to achieve huge financial gains, while simultaneously improving morale, timeliness, quality, safety, reliability, and environmental performance. The book offers numerous examples of how lean methodologies can be applied, the gains that can be achieved, and takes readers through a prescriptive process of implementation. The book is divided into 3 parts. Part I is specific to the topic of lean manufacturing, and explains exactly what lean is... as well as what it isn't. Part II addresses lean manufacturing in the oil industry in general, and refining in particular. It explains why lean is not the prevalent improvement strategy in refining, and why it's more likely to appear among the smaller companies first. It also explains the differences that petroleum refining brings to the lean model. Part III covers topics needed to understand how to implement, organize, and roll out a lean transformation from the top down. An affiliated website boasts tons of valuable information, including: Forms and evaluations for such topics as The 10 Lean Killers, The 6 Roll Out Errors, The 5 Precursors to a Lean Transformation, and more; Samples of working documents such as A3s, Leader Standard Work, and 5 supervisory tools, in both template form and completed; A comprehensive reading and reference list of nearly 500 resources, broken into topical material; Links to 3rd-party websites where readers can download e-forms and other related information.