Topic: Leveraging Agile and Hybrid Models to Advance Sustainability Initiatives in the Oil and Gas Industry

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Abstract

Environmental concerns, strict guidelines, and social needs are piling pressure on the oil and gas industry to change their practice to be more sustainable. This review looks at how Agile and Hybrid project management methodologies can help address these efforts while balancing flexibility and structure, and managing issues such as regulatory compliance and stakeholder engagement. The review through case studies demonstrates the increases in adaptability, collaboration, and innovation that Agile’s iterative processes provide. It is especially useful to address dynamic issues, like green energy schemes, or cutting carbon footprints. Agile models on the other hand, alternatively fuse the flexibility of Agile with the structure of Waterfall, manage to bring the requirement of stability for such compliance-intensive projects. Taken together these methodologies provide a balanced matrix for managing sustainability efforts in complex contexts. Nevertheless, these methods are not easy to implement. However, these are usually impeded by cultural resistance, high costs and regulatory complexities. Leadership, employee training and the use of new technology such as AI and digital twins are all critical ways to get around these hurdles and achieve better outcomes, the review concludes. Finally, Agile and Hybrid models are valuable tools for the progress of sustainability in the oil and gas industry, following many macro goals (such as the United Nations Sustainable Development Goals (SDGs). This review offers practical guidance for field leaders and policymakers to hasten sustainable progress in this important area.

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