Problems and Prospects of Providing Russian Oil and Gas Companies with Technological Equipment under Sanctions Pressure and Digitalization

The study is aimed at examining the problem of high level of depreciation of the material and technical base of the oil and gas complex, the existing restrictions on its renewal as a result of sanctions and the search for pos-sible solutions. The results obtained indicate that the digitalization course adopted several years ago cannot be fully implemented in the current conditions, since its main components, both physical assets and software, were imported primarily from unfriendly states. In this regard, a set of possible solutions to this problem was proposed, divided into two stages, taking into account the priorities set. The first stage involves solving the prob-lem of maintaining the current level of hydrocarbon production by purchasing technological equipment with the help of friendly countries, while simultaneously searching for import substitution solutions in critical areas. At the second stage, taking into account the created reserves, a mass transition to domestic solutions, as well as solutions created on the basis of cooperation with friendly countries, can be carried out. The conducted re-search is consistent with the basic principles of the reproduction approach to economic development, which presuppose the need for continuous development of the oil and gas complex and the balance of all its key el-ements.