Peer-reviewed articles 17,970 +



Title: ECONOMIC AND INSTITUTIONAL PROBLEMS OF THE RUSSIAN OIL AND GAS COMPLEX DIGITAL TRANSFORMATION

ECONOMIC AND INSTITUTIONAL PROBLEMS OF THE RUSSIAN OIL AND GAS COMPLEX DIGITAL TRANSFORMATION
E. Katysheva;A. Tsvetkova
1314-2704
English
19
5.3
Currently, the depletion of traditional oil and gas reserves makes it necessary to develop hard-to-recover reserves, develop and apply new technologies for hydrocarbon exploration and production in hard-to-reach areas of Eastern Siberia and on the Arctic shelf. Solving these problems calls for intensifying the implementation of information technologies in the oil and gas complex. The article states that, at present, an intensive digital transformation is taking place in the oil and gas complex of Russia. Companies are mastering a number of key technologies to determine their competitive advantage in years to come. The introduction of digital technologies is a tool to improve the economic efficiency of the oil and gas fields development. Informational technologies allow the production cost optimization as well as improvements of workflow, logistics and financial operations efficiency. The assessment of the impact of digital transformation on the Russian oil and gas complex development is given in the article. Examples of the successful use of IT solutions by domestic oil and gas companies have been provided. Economic and institutional challenges that impede the digital transformation of the oil and gas complex have been identified.
conference
19th International Multidisciplinary Scientific GeoConference SGEM 2019
19th International Multidisciplinary Scientific GeoConference SGEM 2019, 30 June - 6 July, 2019
Proceedings Paper
STEF92 Technology
International Multidisciplinary Scientific GeoConference-SGEM
Bulgarian Acad Sci; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Russian Acad Sci; Serbian Acad Sci & Arts; Slovak Acad Sci; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; World Acad Sci; European Acad Sci, Arts & Letters; Ac
203-208
30 June - 6 July, 2019
website
cdrom
6181
oil and gas complex; digital technologies; «intellectual field»; software; import substitution.