.... According to Shojaeddini et al. (2019) , IOCs are moving into the renewable energy generation sector through 4 strategy categories: minority investments and acquisitions, venture capital investments, direct ownership of renewable generation assets (the most direct and prevalent strategy of IOCs...

... exports, driving the change of the oil and gas geopolitical structure. Second, the global demand for crude oil grew moderately, slower than that for natural gas. Third, exploration investment plummeted under the low oil price, while newly proven reserves around the world continued to decrease. Fourth...

... difference between dump-flood and a typical water injection activity is how the water source is produced. A typical water injection project requires substantial investment to generate the amount of water required for injection. The water source could be either seawater or produced water which requires...

... downturn triggered by low oil prices. beam pumping investment Efficiency pump system electric consumption artificial lift system submersible direct-drive screw pump rodless artificial lift technology application consumption progressing cavity pump artificial lift technology Cost...

... state revenues. Using scenario analysis, this study finds that accelerate depreciation method does not have a big influence to economics of POD/POFDs when the POD/POFDs have high investment. When the investment to POD/POFDs was not too high, the accelerate depreciation will accelerate the investment...

... of return-on-investment continually decreases resulting from over-rapidly increasing properties, and ever-rising facility depreciation and damage. The space for increasing income and seeking profit is further narrowed by low oil price. These oilfields now move into the period that has huge obstacles...

...) and organisational structures (from rigid partnerships to a fluid capability ecosystem). Extracting resources faster and cheaper will replace maximising total recovery as a strategic goal; companies that achieve this have the potential to increase returns on invested capital by 3-10 times current levels ( Refined...

... is to provide a practical portfolio management framework which balances the often conflicting requirements of managing short term financial stresses and long term strategic growth. portfolio optimization investment selection boundary Artificial Intelligence Upstream Oil & Gas portfolio...

...-of-sight to revising the geological probability of success (GPOS) of subsequent discovery. machine learning strategic planning and management Reservoir Characterization investment Upstream Oil & Gas disorder exploration campaign prospect gpo discovery Artificial Intelligence well count...

... asset and portfolio management investment liquified natural gas gas monetization abandonment cost economic run cost model target cost indonesian psc particular field society of petroleum engineers LNG Engineering assumption tc model Profit Margin capital cost iteration Life Cycle Cost...

... and the market competitive mechanism, to unify the underground natural materials and aboveground artifacts, and to realize the purposes of single well production enhancement and cost reduction. flow in porous media Engineering optimization Implementation reservoir investment Efficiency low...

... in the current environment, any investment costs should be balanced by a quick return on investment to make good business case for investment. In this work a general retrofit strategy is presented, that consists of several steps, including problem analysis, bottleneck finding, different solutions strategies...

... to better define and select innovative concepts for decommissioning that moves to sustainable, acceptable and high-value solutions for all stakeholders in the coming years. Upstream Oil & Gas investment knowledge management government cost challenge operation Liability regulatory bodies...

... mostly sunk and production ramping up, investment exposure is at its lifecycle peak and there is intense focus on safe and reliable operations. However, there is also a need to continue to mature upstream gas supply opportunities. Projects to continue developing the foundation fields are already moving...

... Abstract The oil industry is still an interesting sector to invest as the world's current oil reserves and production continue to show an upward trend despite the fact that oil is unrenewable resource. There are various methods to assess the value and the risk of investment in the upstream oil...

.... sustainable development Upstream Oil & Gas power plant energy subsidy social responsibility investment bottleneck Indonesia complex reservoir Energy Issue oil product electricity partnership requirement availability sustainability government saputra dependency infrastructure project...

... and expansion of the industry. When taken together as a whole, the global safety trends indicate that investments on safety or the lack thereof has a huge impact on business continuity and sustainability. This paper was developed to give safety practitioners a better overview of the challenges, opportunities...

... the price of the program itself. Therefore, for companies with limited budget, such approach is a major concern. Moreover, if many of the features and functions left unused, the total waste of such investment would be greater. This paper describes a CMMS implementation, called INTRAMAS (Integrated Asset...

..., optimized the opportunities portfolio, and has demonstrated good execution and success cases. machine learning Artificial Intelligence Portfolio analysis Portfolio Optimization Model asset and portfolio management investment mathematical model Upstream Oil & Gas field rehabilitation...

... overseas assets. First, a sensitivity analysis was carried out to measure the economic impact of price fluctuation, workload and investment level changes on projects under different fiscal terms such as concessionary, PSC and TSC. Next, based on the economic evaluation results and initial development...