A conceptual model for project management of exploration and production in the oil and gas industry: The case of a Brazilian company

作者：Salazar Aramayo Jesus Leodaly^*; Rodrigues da Silveira Roseane; Rodrigues de Almeida Mariana; de Castro Dantas Tereza Neuma

来源：International Journal of Project Management, 2013, 31(4): 589-601.

DOI：10.1016/j.ijproman.2012.09.016

• Project management success
• Project success
• Project inter-dependencies
• Exploration and production
• Oil and gas industry

The objective of this study was to obtain a better understanding of factors that influence Exploration and Production (E&P) project management success and corporate financial performance. The study follows structural equation modeling (SEM) methodology to achieve greater understanding of the intricate network of relationships between variables involved in E&P project management. A comprehensive theoretical framework was needed to formulate the conceptual basis of research. Observation of the real world and practical experiences were also important. To that end, we conducted a case study in a large Brazilian oil company. Field research was essential because of the lack of similar studies in the oil and gas sector. The model developed is a theoretical construct known as a structural and measurement model (set of latent variables, observed variables and hypotheses, depicted in a path diagram). This model contributes significantly to the company because it is a global representation of the main factors for improving E&P project management. However, the findings should be interpreted with caution because adjustment and validation of the theoretical model were not performed.

• 出版日期2013-5