Conceptual Management Framework for Oil and Gas Engineering Project Implementation

Abstract

More than half of the global demand for energy resources is covered today by oil and natural gas, and according to various forecasts, it is expected to grow 1.5–2 times greater over the next 30–50 years. This creates serious prospects for the development of the national oil and gas sectors of various countries, including Russia. Modern industry challenges create significant restrictions for the development of Russian oil and gas resources, and considering their predominant technological nature, the key solution is the increase in internal technological potential, in particular through the implementation of engineering projects aimed at creating the necessary technological solutions. This article presents an approach to the development of a conceptual management framework that will allow for the effective implementation of oil and gas engineering projects. The methodology of the research includes desk studies, systematization, the expert method (including interviews and questionnaires), grouping, generalization, and algorithm design techniques. The results of the study showed that effective implementation of engineering projects should be based on a systematic management approach, one of which is the TRA process. This article analyzes the TRA methods, on the basis of which key project readiness indicators are identified. Based on a literature review and the expert method, the relevant readiness indicators necessary for the assessment of oil and gas engineering projects are substantiated. Given these indicators, the authors proposed a framework for a comprehensive readiness assessment of oil and gas engineering projects and developed an algorithm for management decision-making on project implementation.