Oil and Gas Economics and Management
Mohammad Hossein Zehtabchian; Reza Radfar; Kambiz Heidarzadeh
Abstract
The present study aimed to identify and prioritize the factors affecting the marketing of knowledge-based products of basic chemicals. This research is applied in terms of objectives and a data-based cross-sectional survey concerning its method. Initially, the factors affecting the marketing of products ...
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The present study aimed to identify and prioritize the factors affecting the marketing of knowledge-based products of basic chemicals. This research is applied in terms of objectives and a data-based cross-sectional survey concerning its method. Initially, the factors affecting the marketing of products in this sector were identified based on library and field studies and by purposive sampling of 15 senior managers of knowledge-based chemical companies (research experts) utilizing a semi-structured interview and in the form of a questionnaire. Cochran’s formula was then employed, and 400 experts and staff working in this department were selected as the study’s statistical population through simple random sampling. Subsequently, confirmatory factor analysis was used to analyze the data and check the final model’s fitting. In the end, each factor’s relative importance was determined by the fuzzy DNAP method. The results led to the identification of 16 sub-criteria under seven main criteria, including technical and managerial, information and knowledge, economic, infrastructural, legal, and support issues, besides supply capabilities. The results revealed that the information and knowledge criterion and the innovation sub-criterion had the highest score, while the supply capability criterion and the knowledge management sub-criterion were ranked last.
Oil and Gas Economics and Management
Ali Yousefi; Mahdi Sahafzadeh; Naser Bagherimoghadam
Abstract
In this descriptive qualitative research with case study research strategy, the Iranian oil industry innovation system in the form of adopting a structural and functional approach (systemic approach) in depth and in its natural context from the perspective of the participants studied. Based on theoretical ...
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In this descriptive qualitative research with case study research strategy, the Iranian oil industry innovation system in the form of adopting a structural and functional approach (systemic approach) in depth and in its natural context from the perspective of the participants studied. Based on theoretical framework that includes five systemic components of innovation system, actors and relationships between them have been identified. In order to ensure validity of the structure, multiple information sources (interviews, observations and document analysis) is used. Also to achieve external validity, previous theories have been used as the initial theoretical framework of the research. The absorption and development of strategic knowledge and technologies of the oil industry was introduced as the main function of the system and three sub-functions identified for it. Identifying 29 existing structural and functional challenges from the perspective of experts has complemented the understanding of this system. Finally, policy proposals are presented.
Oil and Gas Economics and Management
Mohammad Reza Kazemi Najaf Abadi; Mohammad Mahdi Hajian; Mohammad Hashem Bot Shekan; Ghadir Mahdavi
Abstract
One of the innovations that has been formed in the insurance industry in recent years is transfer the risk to the capital markets. Today, this possibility is provided by issuing insurance bonds and Catastrophe bonds, which are a most important type of insurance-linked securities (ILS), can redress inefficiency ...
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One of the innovations that has been formed in the insurance industry in recent years is transfer the risk to the capital markets. Today, this possibility is provided by issuing insurance bonds and Catastrophe bonds, which are a most important type of insurance-linked securities (ILS), can redress inefficiency in the insurance industry.Today, more and more Catastrophe (CAT) bonds are being issued worldwide, which is welcomed by investors and insurance companies. On the other hand, traditional insurance solutions to cover the risks of Iran's oil and gas industry is not efficient and sufficient and using CAT bonds to transfer risks of this industry to capital markets is a necessary and inevitable issue.The aim of this research is to identify effective factors for issuing Catastrophe bonds in Iran's oil and gas industry. On this basis and after reviewing the literature through library studies, 33 factors were identified in the form of seven categories, based on the similarities. Then, based on Delphi method, experts were asked to express their opinions through an iterative questionnaire. After take the experts' opinions in every round, the statistics analysis was performed and the Delphi process was stopped in the third round. Based on the results, the number of 32 factors in six categories with the titles Legislation and Amendment of the Rules, Knowledge Management, Process Management, Transparency, Creation and Strengthening of Software Platforms and Cultivation were approved by experts and identified as effective factors for issuance of Cat bonds in Iran's oil and gas industry.
Oil and Gas Economics and Management
Masoumeh Dadgar; Vida Varahrami
Abstract
Income distribution and environmental destruction represent two of the most important goals in the Sustainable Development Goals. However, the linkage between income inequality and carbon emissions remains controversial especially in countries with natural oil and gas resources. This paper studies the ...
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Income distribution and environmental destruction represent two of the most important goals in the Sustainable Development Goals. However, the linkage between income inequality and carbon emissions remains controversial especially in countries with natural oil and gas resources. This paper studies the link between carbon dioxide (CO2) emissions and income inequality in Iran over 1985–2020. The modelling results indicate that there is a trade-off between income inequality and CO2 emissions. By applying the Vector Auto regression approach found a direct relationship between Gini coefficient and CO2 emissions and indirect relationship between petrol price and CO2 emissions. Petrol price have a smaller although negative impact on CO2 emissions compared to the positive effect of inequality. To investigate the effect of shocks, Impulse response checked out. According to the variance decomposition, income inequality after carbon dioxide emissions is the most explanatory change in gas emissions among other variables. This paper presents a positive effect of petrol price shocks on carbon dioxide emissions, and also negative effect on carbon dioxide emissions in long term.
Oil and Gas Economics and Management
Alireza Akbarzadeh; Kamyar Jaimand
Abstract
Several studies in the field of capital markets indicate that changes in macroeconomic parameters, including crude oil price changes in many cases, have significant effects on capital market indexes. The present study seeks to investigate the effect of crude oil price changes on the indexes of Tehran ...
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Several studies in the field of capital markets indicate that changes in macroeconomic parameters, including crude oil price changes in many cases, have significant effects on capital market indexes. The present study seeks to investigate the effect of crude oil price changes on the indexes of Tehran Stock Exchange and Saudi Stock Exchange also known as The Tadawul Exchange using the two-factor capital asset pricing model with samples gathered from years 2016-2022 from both markets. The results of the study show that, both markets are relatively sensitive to the oil price index and despite severe economic sanctions imposed on Iran, Its capital market, having more significantly oil-related indexes, is still more oil-dependent than that of Saudi Arabia. The results also suggest the asymmetric relation with oil price movements in both countries due to their oil-exporting nature where both markets are more sensitive to negative oil price movements rather than its positive ones. Also, it is concluded that due to the diversity of industries in Tehran Stock Exchange, the economic sanctions imposed on Iran have a more directed impact on its capital market rather than affecting it through a mediator parameter such as oil price movements.
Oil and Gas Economics and Management
Seyed Mousa Dehbannezhad; Ghanbar Amirnezhad; Mohammadreza Mardani; Foad Makvandi; Mohammad Hemati
Abstract
Performance management is a systematic approach that helps to improve the organization's performance through the processes of setting strategic goals, measuring, collecting, and analyzing data, reviewing performance data reports, and applying its results. An evaluation and monitoring system in the form ...
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Performance management is a systematic approach that helps to improve the organization's performance through the processes of setting strategic goals, measuring, collecting, and analyzing data, reviewing performance data reports, and applying its results. An evaluation and monitoring system in the form of performance management At the macro level, which monitors the upstream documents, development plans, etc. in the form of one-year or even fewer time schedules, and provides the necessary feedback to pave the way to achieve the vision at different structural and management levels, one of the necessities which is currently the main question of the research entitled "Which is the appropriate model for managing the performance of managers?". To achieve this goal, the factors were identified using a qualitative and quantitative combined approach. In the qualitative phase of the Systematic literature method (SLR) and Delphi technique. The articles and documents selected in the systematic literature method (SLR) were evaluated in terms of quality through the CASP method. Based on the findings, 6 factors were identified as effective factors on performance. Managers were identified as external organizational factors - internal organizational factors - individual factors - input elements - performance management processes - results. Each of these factors has been used separately or in combination in various articles and research.
Oil and Gas Economics and Management
Yashar Hashemi; Mohammad Mahdi Hajian; Ghasem Aghaei
Abstract
The supply of natural gas in energy exchanges has emerged as a significant aspect of the global energy landscape since the 1990s, requiring the establishment of appropriate trading platforms. In Iran, the it was envisioned the sale of up to ten billion cubic meters of natural gas following the approval ...
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The supply of natural gas in energy exchanges has emerged as a significant aspect of the global energy landscape since the 1990s, requiring the establishment of appropriate trading platforms. In Iran, the it was envisioned the sale of up to ten billion cubic meters of natural gas following the approval of the budget law of 1400 (2021). However, despite these projections, no offerings were made on the Iran Energy Exchange (IRENEX) due to various challenges. This research aims to identify the essential prerequisites for gas supply in energy exchanges using a systematic review approach and subsequently analyze these prerequisites within the context of Iran's gas market. The findings of this study reveal that while the technical prerequisites for such transactions are presently available, significant strides are needed in terms of legal and structural aspects. Notably, challenges arise from the presence of long-term contracts between the National Iranian Gas Company (NIGC) and neighboring countries, the monopolization of the country's natural gas industry's value chain by state-owned enterprises, incomplete unbundling of the mentioned chain, limited third-party access to pipelines and storage facilities, gas supply with subsidized tariffs, and the absence of a comprehensive law governing the integration of Iran's natural gas market. Overcoming these obstacles is imperative for enabling natural gas supply in the IRENEX and successfully implementing the gas supply program. Policy makers must carefully address these prerequisites to foster a conducive environment for gas trading within the energy exchange and pave the way for its effective implementation.
Oil and Gas Economics and Management
Maryam Ayoubi; Mohammad Naghizadeh; Seyyed Habibolah Tabatabaeian; Jafar Towfighi
Abstract
Technological learning and the drive to self-sufficiency in different industries emphasize the role of companies in the knowledge acquisition from external sources. Iran's petroleum industry is also a suitable case to study in this area, given the large firms on the one hand and the long-term historical ...
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Technological learning and the drive to self-sufficiency in different industries emphasize the role of companies in the knowledge acquisition from external sources. Iran's petroleum industry is also a suitable case to study in this area, given the large firms on the one hand and the long-term historical partnerships with foreign companies on the other. Some of the industry's achievements, such as sustainability under sanctions, the country's largest source of export and some recent breakthroughs, particularly in the registration of international patents and localization of various technologies, show the success of learning efforts. This study, which examines the learning processes to joint R&D (JRD) projects in the petroleum industry, analyzes the path of technological learning in this industry using a mixed method approach and multi case study method. For this purpose, four successful JRD projects in technological learning in upstream and downstream are selected and 16 interviews are conducted with project managers and experts of selected projects and using the JRD's life cycle to present a technological learning model in JRDs. The results of theme analysis of interviews show that the most important and effective component of the model is "effective factors". The most affected component is "types of learning". Also, the most effective factors and the most effective learning mechanism are "absorption capability", "cultural homogeneity" and "learning by interacting" Respectively.
Oil and Gas Economics and Management
Leila Pourdasht; Bahram Kheiri; Abbas Heydari
Abstract
Unlike other organizations, employees of the oil company retire at the age of 60, and their retirement is not based on 30 years of service. Therefore, they require more attention during their retirement. Accordingly, the aim of this research is to design and explain a socially responsible marketing model ...
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Unlike other organizations, employees of the oil company retire at the age of 60, and their retirement is not based on 30 years of service. Therefore, they require more attention during their retirement. Accordingly, the aim of this research is to design and explain a socially responsible marketing model with an emphasis on the retired community in Gachsaran Oil and Gas Exploitation Company. The research method was mixed-exploratory, based on foundational data theory in the qualitative phase, using purposive sampling, and in the quantitative phase, using descriptive and inferential statistics and structural equations analysis. The results show that Gachsaran Oil and Gas Exploitation Company has a process that cannot be performed separately from society. Therefore, having socially responsible marketing in the company can help retirees with public services and provide a way to strengthen the motivation of employees and support the interests of the community during retirement. Thus, these organizations need managers who can determine the future path of the organization with depth, guide individuals to the determined path, and create motivation for transformation based on social marketing in employees of organizations
Oil and Gas Economics and Management
Parastoo Boroomandfar; alireza daghighi asli; azadeh mehrabian; Marjan Daman keshideh
Abstract
In this study, consumption datas of hydrocarbon energy carriers in Iran during the years 1982-2017 were collected. A seemingly unrelated regression (SUR) model in balanced panel data approach was proposed It can be beneficial to control energy demand. Results revealed that in the residential-commercial ...
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In this study, consumption datas of hydrocarbon energy carriers in Iran during the years 1982-2017 were collected. A seemingly unrelated regression (SUR) model in balanced panel data approach was proposed It can be beneficial to control energy demand. Results revealed that in the residential-commercial sector indicate that the consumption of hydrocarbon energy carriers with lag has a positive effect and the weighted average price of petroleum energy carriers includes a negative impact on the consumption of hydrocarbon energy carriers. In the industry sector, consumption of hydrocarbon energy carriers with lag includes a positive impact on the usage of hydrocarbon energy carriers, and the weighted average price of petroleum energy carriers has a negative effect on the consumption of hydrocarbon energy carriers. In the agriculture sector, the variables of energy intensity, value added of the agriculture sector, population and consumption of hydrocarbon energy carriers with lag have a positive impact on the usage of hydrocarbon energy carriers in this sector. In the transportation sector, gross domestic product, extremity of energy usage in the transportation part and consumption of hydrocarbon energy carriers with lag include a positive impact on the usage of hydrocarbon energy carriers in this sector and has a negative impact on the consumption of hydrocarbon
Oil and Gas Economics and Management
Hossein Nasirnateri; Asadollah Mehrara; Mehrdad Matani
Abstract
The purpose of job rotation policies is to create a talent pool for the organization along with mutual training of employees. Ensuring that a planned job transfer is beneficial to both the employee and the organization requires consideration of the organization and the company's value chain. The current ...
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The purpose of job rotation policies is to create a talent pool for the organization along with mutual training of employees. Ensuring that a planned job transfer is beneficial to both the employee and the organization requires consideration of the organization and the company's value chain. The current research has been conducted with the aim of designing a job rotation implementation model based on the organization, methods, and value chain of Iran's National Gas Company. The qualitative research method is based on foundational data theorizing. Semi-structured interviews were used to collect information, and data analysis was done using the Strauss and Corbin method and the paradigm model. Sampling was done theoretically and with the benefit of targeted (judgmental) and snowball (chain) techniques, based on which 18 interviews were conducted with knowledgeable professors and experts in the field of human resource management and public administration. The results of the data analysis obtained from the interviews during the process of open, axial, and selective coding led to the creation of a job rotation implementation model based on the foundation's data theory including 6 main dimensions, 64 sub-dimensions, and 186 characteristics.
Oil and Gas Economics and Management
Mohammad Hasan Maleki; Mohammad Javad Zare Bahnamiri; Behnaz Ghotbi Vayeghan; Omid Ali Adeli; Fatemeh Hasankhani
Abstract
Delay is an event that increases the completion time of a part of the project, which is one of the main problems in the executive projects of the country and causes an increase in project costs as well as damages. Project delays pose significant risks to the project that are dangerous for the project ...
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Delay is an event that increases the completion time of a part of the project, which is one of the main problems in the executive projects of the country and causes an increase in project costs as well as damages. Project delays pose significant risks to the project that are dangerous for the project to continue. These risks are of particular importance in oil and gas projects. The purpose of this study is to identify and rank the risks related with delays in oil and gas projects. The present study is applied in terms of orientation and quantitative in terms of methodology. The statistical population of the study is managers and experts of risk and delay in oil and gas projects in the country. Among these people,15 people were selected as the sample by judgmental sampling method. For data collection, two questionnaires of expertise and prioritization were used, both of which had validity and reliability. In the first step, the risks associated with project delays were extracted by reviewing project risk and delay articles. In the next step, these risks were screened using the Binominal test.11 risks had a significance coefficient higher than 5% and were excluded from the calculations. The remaining 8 risks were prioritized using the Codas distance technique. According to the data of the relative evaluation matrix and the scores of each risk, the risks of sanctions, inflation, and lawsuits and complaints had the highest priority, respectively. Finally, research proposals were developed based on significant risks.
Oil and Gas Economics and Management
Ali Panahi; Amin Habibirad; Saeed Safari
Abstract
Project portfolio management is a comprehensive framework for decision making and selecting the portfolio of projects to achieve the goals of the organization by considering resource constraints. The importance of this issue in Iran's oil and gas industry is even more remarkable than ever due to its ...
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Project portfolio management is a comprehensive framework for decision making and selecting the portfolio of projects to achieve the goals of the organization by considering resource constraints. The importance of this issue in Iran's oil and gas industry is even more remarkable than ever due to its unique position in the country's economy, capital-intensive and capital budget constraints that have been intensified in recent years. Identifying and defining different scenarios for each oil and gas field, determining the parameters of the mathematical model, the required data to calculate the parameters of the model and the process and methods of identifying this data, indicate the distinction and necessity of this research. This study is an applied research in terms of objective, using mathematical modeling approach, has provided a pattern to determine the optimal portfolio of capital plans of oil and gas companies. The research method is case study which has studied one of the most important oil and gas producing companies in the country and the only offshore company. In this study, a framework for selecting the optimal portfolio of capital projects is determined and after gathering required data, the zero-one integer linear mathematical programming model with the objective function of maximizing the net present value from fields (as the strategic goal of company) by considering investment constraints was designed and solved by GAMS software. Finally, according to the defined constraint, the best investment mode for each field was identified and the optimal portfolio was defined.
Oil and Gas Economics and Management
Reza Ashtari; Maryam Darvishi; Ghasem Bakhshandeh; Mohammad Hemati
Abstract
Considering the limited resources available, firms must rank their most distinctive capabilities in order to succeed in entering international markets. This research aimed at prioritizing transnational capabilities including marketing, managerial, human resources, production, financial, logistics, research ...
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Considering the limited resources available, firms must rank their most distinctive capabilities in order to succeed in entering international markets. This research aimed at prioritizing transnational capabilities including marketing, managerial, human resources, production, financial, logistics, research and development, quality and standards and consultation and interaction with the government affecting on the entry of the Iranian steel pipe manufacturers producing gas and oil transit steel pipes into international markets. The study population consisted of experts and procurement, business and marketing managers of the 8 biggest oil and gas steel pipe manufacturers working in Iran. Two pair-wise comparison questionnaires employed to collect the required data. Fuzzy Decision Making Trial & Error Laboratory (FDEMATEL) and Fuzzy Analytic Network Process (FANP) techniques used to analyze the data. The results revealed that the marketing (Net Weight=0.225) and human resources (Net Weight =0.035) capabilities attained the highest and lowest priorities, respectively. The paper is sharing the value creation by presenting a potential process including systematic techniques for ranking transnational capabilities to enter the international markets considering the competitive environment.
Oil and Gas Economics and Management
Peiman Farahani; Alireza Moini; Ruhollah Akbari
Abstract
Paying attention to special opportunities and trying to enumerate existing capabilities at the heart of regions by using the scientific and technological capacities available to them are some of the instances in which the shortfalls in development programs can be eliminated and the way can be paved for ...
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Paying attention to special opportunities and trying to enumerate existing capabilities at the heart of regions by using the scientific and technological capacities available to them are some of the instances in which the shortfalls in development programs can be eliminated and the way can be paved for a balanced progress at the local level with the fair distribution of opportunities. To this end, a transition from first (Education oriented) and second (Education and research oriented) generation universities, towards third generation (3G) universities which, in addition to education and research, actively seek to impact society and the economy, is one of the most central issues which can bring about full scale, dynamic, and sustainable progress in the regions based on science and technology. As a first step in the present research, attributes in third generation universities impacting regional progress have been examined by studying the resources. Using the Delphi method and Shannon’s entropy, the mentioned components and their weight were examined based on the opinions of 63 well-known experts active in the national oil industry and specialists in universities, and research, science and technology centers affiliated to the industry. Twenty-eight basic components and six principal components were approved in the survey of experts. Of these, three were prioritized and given weight in the following order:1) Formulating regional endogenous innovation and value creation ecosystems, 2) designing and implementing a regional skills, education, and training system, and 3) developing organizational capacities according to the new functions of regional universities.
Oil and Gas Economics and Management
Hamid Alizadeh; Kambiz Heidarzadeh; Mohsen Khounsiavash; Rouhollah Zaboli
Abstract
One of the main strategies in oil industries management is the evaluation of the relationships between the customers and employees. To do so, the interpretive paradigm, the qualitative approach, and the Grounded Theory Approach have been used. As for the qualitative approach, snowball sampling has been ...
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One of the main strategies in oil industries management is the evaluation of the relationships between the customers and employees. To do so, the interpretive paradigm, the qualitative approach, and the Grounded Theory Approach have been used. As for the qualitative approach, snowball sampling has been used, and the latent content analysis technique has been used to analyze the in-depth reviews, helping to code and identify the employees’ cognitive appraisal indices. Also, as for the quantitative approach, simple random sampling was used, with a structural equation model used for data analysis. The results and findings of the study indicate that the top managers in Iran Petroleum Products Distribution Company, especially those in the Human Resource Development, Commercial, and Research & Technology sections, can use the model extracted in the current study as well as the suggestions provided, to pay more attention to the mental health of the Frontlie Employees (FLEs). They can also use the results to know how the employees deal with the customers’ aggression and abuse. Hence, the current study can be useful for the oil industries researchers.
Oil and Gas Economics and Management
Maria Hamidian; Hasan Darvish; Mohammad Javad Hozoori; Mojtaba Rafiei
Abstract
The world is presently witnessing a shift in approach to organizational jobs and structures towards temporary and flat structures. Accordingly, people’s careers and how they are managed are changing in organizations. Understanding career anchors as a way to discover self-image and external feedback ...
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The world is presently witnessing a shift in approach to organizational jobs and structures towards temporary and flat structures. Accordingly, people’s careers and how they are managed are changing in organizations. Understanding career anchors as a way to discover self-image and external feedback of behavior can be effective in personal and organizational decisions. This research is an attempt to understand career anchors among the employees of National Iranian Oil Company, which is one of the most important economic organizations in Iran, using a mixed-methods approach. In the qualitative phase, 30 interviews were subjected to content analysis, which resulted in identifying 14 categories. The four categories of career stability, halal income, God satisfaction, and dedication were not observed in the research literature. The reliability of the qualitative data was estimated at 0.853 by William Scott’s method. In the quantitative phase, a questionnaire, which was based on the standard CIO2 questionnaire of Schein (1990) and some self-designed questions for the newly identified anchors, was used for data collection from a sample of 200 people. The questionnaire’s reliability was estimated by Cronbach’s alpha. It was observed that career stability and halal income were the top-ranked career anchors of the studied employees.
Oil and Gas Economics and Management
Farshid Abolhasani; Fataneh Alizadeh Meshkani; Leila Andervazh
Abstract
Nowadays, supply chains are highly vulnerable and prone to various risks due to geographical expansion and the complexity of communication networks. Sustainability in supply chains is increasingly seen as part of supply chain management. Sustainability has become a necessity, and every supply chain needs ...
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Nowadays, supply chains are highly vulnerable and prone to various risks due to geographical expansion and the complexity of communication networks. Sustainability in supply chains is increasingly seen as part of supply chain management. Sustainability has become a necessity, and every supply chain needs sustainability. However, the supply chain has a breadth and complexity of indicators. This paper aims to provide a model for evaluating the impact of the sustainable supply chain on organizational performance and efficiency in the National Iranian South Petroleum Company (NISOC). This study consists of two quantitative studies and a qualitative stage by designing several questions and using a mixed research method. The qualitative stage uses grounded theory methods following a systematic review of the literature on sustainable supply chain management and its adaptation to the local needs of the sustainable supply chain in one of the country’s largest oil companies. The statistical population of the research includes all employees of the NISOC with an unlimited number, of which 384 subjects are randomly selected as samples. In this study, a questionnaire is used as the data collection tool. The questionnaire designed in this research is based on a 5-point Likert scale. Options range from strongly agree to disagree strongly. The research hypotheses are tested using SmartPLS software. According to the results, the organizational performance and efficiency in the NISOC are affected by the green supply chain, industry supply chain, macro policies, socioeconomic factors, organizational factors, political factors, technology, manufactured products, customers, and supply chain failures. As shown in this study, using sustainable approaches to the supply chain of the petroleum company improves the situation of this organization and increases its effectiveness and efficiency. Further, the performance of individual components of organizations increases due to the sustainability model in this company
Oil and Gas Economics and Management
Saeed Baghdadi; Abbas Khamseh; Hesamedin Madani
Abstract
Knowledge and technology can be used to gain business benefits in organizations. In this regard, in addition to using technology in the production of products, technology commercialization to transfer technology to other organizations is considered a practical approach to gaining business benefits. Accordingly, ...
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Knowledge and technology can be used to gain business benefits in organizations. In this regard, in addition to using technology in the production of products, technology commercialization to transfer technology to other organizations is considered a practical approach to gaining business benefits. Accordingly, this study aims to identify and prioritize commercialization components in Iran’s gas and oil industry to transfer technology to other industries and organizations since there is high potential to commercialize and transfer technology in this industry. After reviewing the previous literature and interviewing experts using semi-structured questions and the snowball sampling method, 46 attributes are detected and classified as 10 main components. Then, the confirmatory factor analysis method in SMART PLS software confirms the 44 attributes in 10 components. Shannon’s entropy and WASPAS methods are used to weigh and prioritize the extracted components. As a result of this research, the three main priorities of importance in the components of commercialization are identified: the “enterprise capabilities of technology transfer”, “technological capabilities and resources”, and “independent technology commercialization strategies in the oil and gas industry
Oil and Gas Economics and Management
Ali Esmaeili Ardakani; Maryam Ahmadpour; Shirin Haddad Zand
Abstract
As a region rich in oil and gas resources, low energy prices, and a unique geopolitical position, the Middle East has been the focus of global attention, particularly for economic powers such as China and India. Due to the wide gap between energy supply and demand, especially for oil, the two countries ...
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As a region rich in oil and gas resources, low energy prices, and a unique geopolitical position, the Middle East has been the focus of global attention, particularly for economic powers such as China and India. Due to the wide gap between energy supply and demand, especially for oil, the two countries have developed a special diplomacy for their energy supplies. Understanding the oil policies of Beijing and New Delhi as the main actors in the energy market of the Middle East is paramount for the leading oil-producing countries. By conducting a comparative analysis of the Delhi–Beijing oil policies in the Middle East, the present article will ask how domestic, regional, and international variables affect the Chinese and Indian oil policies in this region. The authors have compared the following critical variables in answer to this question: the legal structure and decision-making process, self-sufficiency levels, the geopolitical position toward the Middle East, oil diplomacy, the role of technology, and the international economic-political position of the two countries. Our findings show that the Beijing government has formulated its oil policy using a single, specific decision-making body in the energy sector. It has relied on expanding multilateral ties with other countries, long-term investments, long-term loans, expanding energy transfer pipelines, and long-term contracts to deepen its relations with oil-rich countries, particularly those in West Asia. On the other hand, India has based its diplomacy on short-term economic contracts, situation analysis, and needs assessment. It is, however, clear that both countries will continue to depend on oil from the Middle East in the medium term despite the threat of US sanctions
Oil and Gas Economics and Management
Ebatarhe Osiobe; Kiamuke Itiowe
Abstract
The global economy is expanding at a drastic pace, and energy is fundamental to nearly all economic activities and modern living standards. Sustaining the oil supply is a profound challenge in the oil and gas industry. One of the ways the industry is now looking to sustain supply is through developing ...
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The global economy is expanding at a drastic pace, and energy is fundamental to nearly all economic activities and modern living standards. Sustaining the oil supply is a profound challenge in the oil and gas industry. One of the ways the industry is now looking to sustain supply is through developing oil rims, which were once considered uncommercial because of technology. Developing oil rim has its opportunities and challenges, on which this study has focused. This study aims to investigate the feasibility and viability of oil rim development, its opportunities and challenges, and the factors affecting its economic viability. The Troll Oilfield on the Norwegian continental shelf is used as a case study because it is an oil rim field. The economic analysis is based on historical production data of the Troll oilfield. A deterministic approach is used, which involves both cash flow and sensitivity analysis. Based on the economic analysis results, oil rim development is marginally economic and viable but on certain conditions: low CAPEX and high oil price. The type of technology used in developing oil rims determines the efficiency and economic feasibility of the development. The outcome of this study shows that technology has made oil rim development possible which was once considered uncommercial in the past, and oil price is the primary determinant of the viability of oil rim development
Oil and Gas Economics and Management
Abdolhosein Bayat; Farhad Rahbar; Ali Vatani; Seyed Abdollah Razavi
Abstract
As one of the mother industries, the petrochemical industry is one of the essential pillars of development and the driving engine of various sectors of the country’s economy. This industry will achieve several important goals, such as increasing export income, expanding downstream sectors, creating ...
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As one of the mother industries, the petrochemical industry is one of the essential pillars of development and the driving engine of various sectors of the country’s economy. This industry will achieve several important goals, such as increasing export income, expanding downstream sectors, creating jobs, and increasing GDP. This importance has been emphasized in the country’s upstream documents, such as the general policies of the resistance economy, focusing on developing petroleum refineries to prevent the vulnerability of oil and gas revenues by extending the value chain and increasing the export of these products. The current work aims to investigate the value chain of the petrochemical industry with the new approach of petrochemical refineries, as well as the pathology and evaluation of the current state of the chains mentioned above in the country with the descriptive research method and the library method using policy research. The research results show that the chain of petrochemical products with the approach of creating petrochemical refineries has relatively high advantages compared to focusing on chains with the traditional method.
Oil and Gas Economics and Management
Habib Ansari Samani; Samaneh Bagheri
Abstract
This study examines the effect of Iranian oil sanctions on the International oil market network for the first time with Complex Network Analysis (CAN) with Diebold -Yilmaz and Arch indexes from 1991:01 to 2019:12. The analysis was performed for two periods before and after the sanctions, and the results ...
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This study examines the effect of Iranian oil sanctions on the International oil market network for the first time with Complex Network Analysis (CAN) with Diebold -Yilmaz and Arch indexes from 1991:01 to 2019:12. The analysis was performed for two periods before and after the sanctions, and the results were compared. Results showed that the Iranian oil market in both networks before and after the sanction is one of the influential nodes in the oil network. The volatility spillover of the Iranian oil market in the oil network market has increased after the sanctions. Also, on Iranian oil, volatility spillover from other oil markets has to Iran increased after the sanction. But overall, the sanction has not had a significant impact on the oil market network. The Iranian oil market volatility was receiver before the sanction in the network, but its role changed after the sanction, and it became a sender node.
Oil and Gas Economics and Management
Maryam Khorram; Taghi Torabi; Abbas Toloie Eshlaghy
Abstract
The economic aspects of technological advances in the drilling industry using the maximum reservoir contact (MRC) method compared to other drilling technologies have been investigated in this study. Field and survey methods from combined implementation research methods have been performed by a dynamic ...
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The economic aspects of technological advances in the drilling industry using the maximum reservoir contact (MRC) method compared to other drilling technologies have been investigated in this study. Field and survey methods from combined implementation research methods have been performed by a dynamic approach using Vensim software. Professors, drilling and reservoir engineering professionals in the oil and gas drilling industry, or equivalent positions, comprised the study’s statistical population. Finally, 120 individuals were chosen by nonprobabilistic sampling (judgment) and the snowball method. In the Vensim dynamic environment, the simulation completion time (based on the 2017 dynamics model) and the initial simulation time (based on the 2013 dynamics model) were adjusted to generate a flow diagram analyzing the economic aspects of technological improvements in this type of drilling industry. According to the causal tree results, the drilling industry’s performance has the highest priority among studies of economic aspects of technological changes in the drilling industry using the MRC method. It has a significant relationship with technological changes in the drilling industry. The sensitivity analysis chart demonstrated that with a change in the variable of indicators of the drilling industry at an average level of 5.25 to 5.5, the target variable, i.e., the performance of the drilling industry, had the least sensitivity and had no particular effect on it. On the other hand, by modifying the effectiveness of the drilling industry, effectiveness indicators at the average level of 6.95, the target variable had the maximum sensitivity and had a very significant effect on it.
Oil and Gas Economics and Management
Ehsan Kordi; Mohmmadreza Abdoli; Hasan Valiyan
Abstract
The purpose of this study is to analyze the most effective basis for assessing the intellectual capital maturity based on the themes of the ambidextrous learning link. In terms of purpose, this research is part of developmental research. Because of the lack of a basis for assessing the intellectual capital ...
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The purpose of this study is to analyze the most effective basis for assessing the intellectual capital maturity based on the themes of the ambidextrous learning link. In terms of purpose, this research is part of developmental research. Because of the lack of a basis for assessing the intellectual capital maturity under ambidextrous learning in previous research, based on meta-synthesis in the first step, an attempt was made to identify components as the analytical basis of the research and propositions as reference variables. Then, in order to explain the identified components and propositions, in a small part, intuitive fuzzy sets (IFSs) was used to determine the most effective basis for evaluating the intellectual capital maturity based on the themes of the ambidextrous learning link. In this study, the target population consisted of two parts: qualitative and quantitative. In the qualitative section, with the help of 16 management specialists and experts, an attempt was made at the university level to identify research components and propositions in the form of score forms. In the small section, 50 managers, officials and experts at various levels of knowledge-based companies participated. The results showed that the proposition of strategic tendencies in learning is considered as the most influential themes of the ambidextrous learning link in the studied companies, which strengthens the sustainability of knowledge creation as an effective component in the intellectual capital maturity.
