MANAGEMENT OF OIL AND GAS PRODUCTION COMPANIES IN THE CONTEXT OF GLOBAL MARKET ENTRY

The current issue of identifying areas for improving the management of oil and gas companies in the context of entering the global market was examined. The need for implementation of measures aimed at further development of the oil and gas industry of Ukraine, in particular, creation of transparent conditions for the functioning of the market, promotion of investments in the energy sector and implementation of modern achievements of the digital economy, was considered. The aim of the study is to identify the main trends in the functioning of the oil and gas industry of Ukraine, to determine the incentives for companies to improve their business processes in the context of entering the global market, and to identify areas for improving the management of companies in the industry on the basis of intellectualisation. The information base of the study was materials from official statistics, analytical materials and publications of scientists. Methods of statistical and dynamic analysis, methods of systematisation and logical generalisation were used. The main trends in the functioning of the oil and gas industry of Ukraine were identified. It has been established that Ukraine is currently dependent on imports of natural gas, oil and oil products. It is proved that the efforts for the further development of the oil and gas industry should be aimed at overcoming the country's dependence on imports. It is proven that the companies in the industry feel the pressure of fierce competition in the global market, which at the same time creates incentives for companies to improve their business processes. It was established that the basis for such improvement in oil and gas companies is the intellectualisation of business processes. The directions of improvement of management of enterprises of the oil and gas industry on the basis of intellectualisation, which become more and more important in the conditions of entering the global market, are determined. The identified directions are based on the introduction of modern intellectual technologies, which contribute to the comprehensive improvement of business processes of oil and gas producing enterprises, not only at the management level, but also at the executive and support level.