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Title: Development of performance measurement model for oil operations: A study of Libyan oil companies
Authors: Nouara, Adel
Advisors: De Coster, R
Cheng, K
Keywords: Performance management model;Oil firms performance;Libyan oil companies;Asset management in oil firms;Partnerships in oil firms
Issue Date: 2015
Abstract: Petroleum practices involve high capital infrastructure together with complex production process for which performance measures can support examination of production within the petroleum industrial phases. The focus of this research is the performance measurement of existing and future petroleum operations. This study aims to develop a model to evaluate the employment of performance measurement in state-owned as well as private petroleum firms within the Libyan context to recognize existing activities as well as their influence on performance management. This research highlights some resources of firms including asset management and partnerships that influence their operations to acquire and multiply knowledge and technology, leading to more successful processes and better performance. This research aims to provide a model that comprises factors that may influence Libyan firms‟ performance including exploration, drilling, production, reserves, technology upgrades and health, safety and environment. This research employed a mixed method of quantitative and qualitative approaches with a dominant quantitative method, correlation and regression tests were conducted .A questionnaire survey was conducted in 17 Libyan oil firms including public, joint venture and private firms, 85 valid questionnaires were analyzed by using SPSS (V.18). The findings of this research revealed that firms may enhance their ability to acquire, assimilate, and exploit knowledge and technology by the utilization of asset management as well as partners. Further, factors including exploration, production, reserves, technology upgrades and health, safety and environment were found to significantly influence the firms‟ performance whereas, drilling was found not to be a predictor to the firms‟ performance. Finally, the model analysis and survey evaluation highlighted the practices of oil operations and their role in firms‟ performance, and the proposed model explains which operation practices positively impact the firms‟ performance, which can be taken up as a guiding map for petroleum companies for aiding them to make valuable decision that leads to higher performance.
Description: This thesis was submitted for the degree of Doctor of Philosophy and awarded by Brunel University London
Appears in Collections:Mechanical and Aerospace Engineering
Dept of Mechanical Aerospace and Civil Engineering Theses

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