Optimization of business processes of oil and gas complex enterprises


Bulavko O.A., Glukhova E.V.

Abstract When analyzing business processes, the main task of oil and gas sector enterprises is to collect comprehensive information necessary for the formation of strategic, tactical and operational decisions. If we considerthe company as a financial flow management system, it is based on economic and financial planning, which plays a key role in the formation and allocation of all types of resources necessary for the operation of the enterprise. This activity covers areas such as financial forecasting, analysis of economic transactions, strategic planning and forecasting, business process modeling, sustainability analysis and other important aspects. The analysis of business processes contributes to the growth of the company, strengthening its position in the market and planning long-term development, acts as a mechanism to attract investment, increase investment attractiveness and influence potential investors, which makes it especially important in conditions of sanction restrictions and uncertainty. Keywords: planning, business process analysis, production factors, optimization, oil and gas complex enterprises, investment projects. Highlights: ♦ the basic position of business process analysis is to collect comprehensive information necessary for the formation of strategic, tactical and operational decisions in the activities of oil and gas sector enterprises; ♦ the analysis of business processes acts as an indicator for attracting investments that ensure the process of efficient production and implementation of investment projects; ♦ the choice of production factors is provided by the analysis of the constituent elements of the process, their economic assessment, which enables an investment analysis and helps investors understand how profitable it is to invest in a particular company or project and what risks are associated with it.

Olga A. Bulavko - Samara State University of Economics, Samara, Russia, Ekaterina V. Glukhova - Transneft Finance LLC, Moscow, Russia


Download file (format pdf)»