Prospects and directions of digital transformation of Russian oil and gas companies

The article analyzes the current state of digital technologies in industry in general and in the oil industry in particular. To understand the essence of digitalization, the authors consider some of the provisions set out in the state program “Digital Economy of the Russian Federation”. Relevant dig...

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Main Authors: A. S. Flaksman, N. G. Lyubimova
Format: Article
Language:English
Published: Publishing House of the State University of Management 2023-06-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/4432
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author A. S. Flaksman
N. G. Lyubimova
author_facet A. S. Flaksman
N. G. Lyubimova
author_sort A. S. Flaksman
collection DOAJ
description The article analyzes the current state of digital technologies in industry in general and in the oil industry in particular. To understand the essence of digitalization, the authors consider some of the provisions set out in the state program “Digital Economy of the Russian Federation”. Relevant digital technologies are proposed for use for each stage of the oil cycle, considering the technological and economic features, and the possibility of introducing digital technologies into the business processes of oil and gas companies is assessed. In the final part of the article, based on the analysis of the prospects for the implementation of digital economy technologies in oil and gas companies, the results from the implementation of these technologies are identified, which manifest themselves both in the financial aspect and in intangible assets. At the same time, the article also identifies the most significant risks associated with the implementation and operation of business processes based on digital technologies.
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institution Kabale University
issn 1816-4277
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publishDate 2023-06-01
publisher Publishing House of the State University of Management
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series Вестник университета
spelling doaj-art-ae833149e0d64317a0120cfc3155f2e02025-02-04T08:28:16ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152023-06-0104919710.26425/1816-4277-2023-4-91-972761Prospects and directions of digital transformation of Russian oil and gas companiesA. S. Flaksman0N. G. Lyubimova1State University of ManagementState University of ManagementThe article analyzes the current state of digital technologies in industry in general and in the oil industry in particular. To understand the essence of digitalization, the authors consider some of the provisions set out in the state program “Digital Economy of the Russian Federation”. Relevant digital technologies are proposed for use for each stage of the oil cycle, considering the technological and economic features, and the possibility of introducing digital technologies into the business processes of oil and gas companies is assessed. In the final part of the article, based on the analysis of the prospects for the implementation of digital economy technologies in oil and gas companies, the results from the implementation of these technologies are identified, which manifest themselves both in the financial aspect and in intangible assets. At the same time, the article also identifies the most significant risks associated with the implementation and operation of business processes based on digital technologies.https://vestnik.guu.ru/jour/article/view/4432industrial revolution 4.0decarbonizationdigital technologiesbig data serviceartificial intelligenceprocess compressionbusiness processes
spellingShingle A. S. Flaksman
N. G. Lyubimova
Prospects and directions of digital transformation of Russian oil and gas companies
Вестник университета
industrial revolution 4.0
decarbonization
digital technologies
big data service
artificial intelligence
process compression
business processes
title Prospects and directions of digital transformation of Russian oil and gas companies
title_full Prospects and directions of digital transformation of Russian oil and gas companies
title_fullStr Prospects and directions of digital transformation of Russian oil and gas companies
title_full_unstemmed Prospects and directions of digital transformation of Russian oil and gas companies
title_short Prospects and directions of digital transformation of Russian oil and gas companies
title_sort prospects and directions of digital transformation of russian oil and gas companies
topic industrial revolution 4.0
decarbonization
digital technologies
big data service
artificial intelligence
process compression
business processes
url https://vestnik.guu.ru/jour/article/view/4432
work_keys_str_mv AT asflaksman prospectsanddirectionsofdigitaltransformationofrussianoilandgascompanies
AT nglyubimova prospectsanddirectionsofdigitaltransformationofrussianoilandgascompanies