Authors:
Paulo Henrique Alves
1
;
Isabella Frajhof
1
;
Élisson Araújo
1
;
Rafael Nasser
1
;
Gustavo Robichez
1
;
Cristiane Lodi
2
;
Carlos Fernandes
2
;
Rhenan Borges
2
and
Gilson Lopes
2
Affiliations:
1
ECOA Institute, Pontificial University Catholic of Rio de Janeiro, RJ, Brazil
;
2
Petrobras, Rio de Janeiro, Brazil
Keyword(s):
Blockchain, Offloading, Lifting, Loan, Refund.
Abstract:
In the dynamic and complex arena of the oil and gas sector, the management of offloading activities presents considerable challenges, particularly regarding data transparency, distribution, security, and financial transactions involving multiple parties, e.g., companies in a joint venture. The nature of multiple-party environments requires a high level of systematization, transparency, and activity orchestration to manage these challenges effectively. To address these challenges, this paper explores an innovative solution employing blockchain technology, creating efficient mechanisms to enhance transparency and the security of recorded transaction. The solution specifically focuses on the processes of oil production recording, lifting schedule management, and the intricate handling of loans and refunds. We underscore the criticality of managing loans and refunds to facilitate the lifting process, ensuring equitable oil volume distribution among consortium members. Thus, this work pre
sents a comprehensive blockchain-based system that provides the accuracy and integrity of data, enhancing transparency and trust among consortium participants. This system seamlessly integrates all stages of offloading operations, from planning to execution, thereby revolutionizing crucial data management practices in the oil and gas sector by applying blockchain technology. Our findings suggest that implementing such technology in this context fosters a collaborative, trustworthy, secure, and efficient operational environment.
(More)