Formation of innovative infrastructure in the context of project-oriented management of the oil and gas industry

Abstract

Innovative infrastructure of oil and gas enterprises involves the use of modern technologies, systems, and approaches aimed at improving efficiency, safety, environmental sustainability, and competitiveness in the production and operation of oil and gas. This study investigates the creation of a project-oriented supervisory company in the oil and gas industry in the context of innovative development, which is relevant and promising. The key challenges faced by consulting firms in the oil and gas industry and possible strategic directions for their resolution, which will require supervisory firms to be more flexible, innovative, and strategic in their approaches, considering the specifics of the industry and the needs of clients were identified. The study also develops a tree of problems for the creation of a project-oriented supervisory company in the oil and gas industry and determines that this direction is sufficiently relevant and necessary for the formation of innovative infrastructure of oil and gas enterprises. It gives an assessment of the economic efficiency of creating a project-oriented supervisory company based on the analysis of both basic methods – payback period and return on investment. The study’s calculations confirm the feasibility of creating a project-oriented supervisory company as an innovative infrastructure that will support the development of oil and gas structures for both the country as a whole and individual enterprises.