Development of international cooperation in the oil and gas field equipment and services market

Authors

  • Yuri Anatolievich Savinov Russian Foreign Trade Academy
  • Aleksandr Vladislavovich Khvalevich Russian Foreign Trade Academy
  • Anna Vasilyevna Skurova Moscow State Institute of International Relations (University) MFA Russia

Keywords:

oil and gas field equipment, exports and imports of equipment, improvement of services sales, index of international cooperation in foreign trade in oil and gas field equipment

Abstract

The authors examine the main trends in the development of international cooperation in the production and foreign trade of oil and gas field equipment and services in the world economy. The dynamics and structure of exports and imports are analyzed and reveal a high share of units and parts for the assembly of finished equipment. The authors calculate the index of international cooperation in foreign trade in the equipment in question. The article identifies the dependence of the development of the market for oil and gas field construction and maintenance services from the dynamics of sales in the global market for oil and gas field equipment, and the indices of the volume of services by the cost in this market are calculated.

Author Biographies

Yuri Anatolievich Savinov, Russian Foreign Trade Academy

Doctor of Economic Sciences, Professor
Place of work, post: Russian Foreign Trade Academy, Department of foreign trade and international transactions, Professor

Aleksandr Vladislavovich Khvalevich, Russian Foreign Trade Academy

Place of work, post: Russian Foreign Trade Academy, Department of International Trade and Foreign Trade of RF, Postgraduate student

Anna Vasilyevna Skurova, Moscow State Institute of International Relations (University) MFA Russia

Candidate of Economic Sciences
Place of work, post: Moscow State Institute of International Relations (University) MFA Russia, Senior Lecturer

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Published

2024-02-08

How to Cite

Savinov, Y. A., Khvalevich, A. V., & Skurova, A. V. (2024). Development of international cooperation in the oil and gas field equipment and services market. Russian Foreign Economic Journal, (8), 24–43. Retrieved from https://journal.vavt.ru/rfej/article/view/1419

Issue

No. 8 (2017)

Section

Foreign trade activity