PROJECT MANAGEMENT IN THE GLOBAL OIL AND GAS INDUSTRY BY CO-CREATING STRATEGIC VALUE FOR THE INDUSTRY

Project development and marketing on large oil and gas projects (LOGPs) by engineering-procurement-construction (EPC) contractors respond to massive capital investment (CAPEX) undertakings by oil and gas industry owners and takes on multi-lateral interactions carried out by a dozen actors proactivel...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	H. Tanaka, S. Bushuyev
Formato:	article
Lenguaje:	EN
Publicado:	Astana IT University 2021
Materias:	project development and marketing, large oil and gas projects (logp), strategic trust-based value co-creation, hard vehicle and soft vehicle of contractor competitiveness Information technology T58.5-58.64
Acceso en línea:	https://doaj.org/article/75983c0c81af49f98f730595e6787966
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:75983c0c81af49f98f730595e6787966
record_format	dspace
spelling	oai:doaj.org-article:75983c0c81af49f98f730595e67879662021-12-02T13:00:20ZPROJECT MANAGEMENT IN THE GLOBAL OIL AND GAS INDUSTRY BY CO-CREATING STRATEGIC VALUE FOR THE INDUSTRY2707-90312707-904Xhttps://doaj.org/article/75983c0c81af49f98f730595e67879662021-06-01T00:00:00Zhttp://ojs.astanait.edu.kz/index.php/sjaitu/article/view/61https://doaj.org/toc/2707-9031https://doaj.org/toc/2707-904XProject development and marketing on large oil and gas projects (LOGPs) by engineering-procurement-construction (EPC) contractors respond to massive capital investment (CAPEX) undertakings by oil and gas industry owners and takes on multi-lateral interactions carried out by a dozen actors proactively participating in the EPC contractors’ business ecosystem created to remain competitive toward owner companies, which form of project marketing is different from a straight forward contractor – owner interaction found in the other branches of contracting industry. Most of such interactions are based on strategic trust among the relevant members built over decades of heavy win-win transactions. This study has found the actors that compose the project development and marketing cycle in LOGPs, explored dominant logics of EPC contractor’s project development and marketing, and analysed how primary actors in LOGP development and implementation co-create strategic values for both the respective corporations and sustainable overall industry growth. The business ecosystem theory posits that a business ecosystem is an economic community supported by interacting organizations; the company holding a leadership role is valued by the community because it enables members to move toward shared visions to align their investments – this refers to the platform services theory and to find mutually supportive roles.H. TanakaS. BushuyevAstana IT Universityarticleproject development and marketing, large oil and gas projects (logp), strategic trust-based value co-creation, hard vehicle and soft vehicle of contractor competitivenessInformation technologyT58.5-58.64ENScientific Journal of Astana IT University, Vol 6, Iss 6, Pp 59-75 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	project development and marketing, large oil and gas projects (logp), strategic trust-based value co-creation, hard vehicle and soft vehicle of contractor competitiveness Information technology T58.5-58.64
spellingShingle	project development and marketing, large oil and gas projects (logp), strategic trust-based value co-creation, hard vehicle and soft vehicle of contractor competitiveness Information technology T58.5-58.64 H. Tanaka S. Bushuyev PROJECT MANAGEMENT IN THE GLOBAL OIL AND GAS INDUSTRY BY CO-CREATING STRATEGIC VALUE FOR THE INDUSTRY
description	Project development and marketing on large oil and gas projects (LOGPs) by engineering-procurement-construction (EPC) contractors respond to massive capital investment (CAPEX) undertakings by oil and gas industry owners and takes on multi-lateral interactions carried out by a dozen actors proactively participating in the EPC contractors’ business ecosystem created to remain competitive toward owner companies, which form of project marketing is different from a straight forward contractor – owner interaction found in the other branches of contracting industry. Most of such interactions are based on strategic trust among the relevant members built over decades of heavy win-win transactions. This study has found the actors that compose the project development and marketing cycle in LOGPs, explored dominant logics of EPC contractor’s project development and marketing, and analysed how primary actors in LOGP development and implementation co-create strategic values for both the respective corporations and sustainable overall industry growth. The business ecosystem theory posits that a business ecosystem is an economic community supported by interacting organizations; the company holding a leadership role is valued by the community because it enables members to move toward shared visions to align their investments – this refers to the platform services theory and to find mutually supportive roles.
format	article
author	H. Tanaka S. Bushuyev
author_facet	H. Tanaka S. Bushuyev
author_sort	H. Tanaka
title	PROJECT MANAGEMENT IN THE GLOBAL OIL AND GAS INDUSTRY BY CO-CREATING STRATEGIC VALUE FOR THE INDUSTRY
title_short	PROJECT MANAGEMENT IN THE GLOBAL OIL AND GAS INDUSTRY BY CO-CREATING STRATEGIC VALUE FOR THE INDUSTRY
title_full	PROJECT MANAGEMENT IN THE GLOBAL OIL AND GAS INDUSTRY BY CO-CREATING STRATEGIC VALUE FOR THE INDUSTRY
title_fullStr	PROJECT MANAGEMENT IN THE GLOBAL OIL AND GAS INDUSTRY BY CO-CREATING STRATEGIC VALUE FOR THE INDUSTRY
title_full_unstemmed	PROJECT MANAGEMENT IN THE GLOBAL OIL AND GAS INDUSTRY BY CO-CREATING STRATEGIC VALUE FOR THE INDUSTRY
title_sort	project management in the global oil and gas industry by co-creating strategic value for the industry
publisher	Astana IT University
publishDate	2021
url	https://doaj.org/article/75983c0c81af49f98f730595e6787966
work_keys_str_mv	AT htanaka projectmanagementintheglobaloilandgasindustrybycocreatingstrategicvaluefortheindustry AT sbushuyev projectmanagementintheglobaloilandgasindustrybycocreatingstrategicvaluefortheindustry
_version_	1718393572746592256

PROJECT MANAGEMENT IN THE GLOBAL OIL AND GAS INDUSTRY BY CO-CREATING STRATEGIC VALUE FOR THE INDUSTRY

Ejemplares similares