BP Exploration Case Study Example | Topics and Well Written Essays - 1000 words

BP geographic expedition - Case Study ExampleDrawing on your previous analysis, to what extent do you believe BP Explorations relative performance can be sustained in the medium termOver the last five years, BP Exploration has drawn on a deed of resources and capabilities which keep it one of Britains biggest companies and one of the largest oil and petrochemicals groups in the world. BP employs more than 65,000 people in 70 countries. BP Exploration is responsible for 60% of BPs worldwide revenue. It employs 60% of BPs staff and has more than 40 independent Assets.1BPs work on oil and natural triggerman exploration and production, together with the management of crude oil and natural gas pipelines, processing and export terminals has led the company to many areas of the globe. BP Exploration has a wide resource instauration already with strong positions in Alaska, the North Sea and North America, it is now developing major unused fields in Angola, Azerbaijan, Trinidad, Algeria and in the Gulf of Mexico, with liquefied natural gas crinkle expanding into the Asia Pacific Region. BPs TNK BP opine in Russia employs 100,000 people. It owns and operates five refineries through West Siberia, the Volga-Urals and East Siberia. The BTC Pipeline now runs 443km through Azerbaijan, 249km through gallium and 1,076km through Turkey. The pipeline, buried its entire length, has eight pump stations. It is the first direct pipeline link amidst the Caspian Sea and the Mediterranean. BP hopes the BTC project will bring positive economic advantages to the region and avoid increasing oil traffic through the vulnerable Turkish Straits. In addition to BP Explorations projects worldwide, BP promotes an Upstream mindset - the company works towards long sustainable business, delivering superior service through cycle returns by having a greater share of large, offset cost oil and gas fields.2 BP has implemented key successful strategies in order to remain a world leader. These are making a stand on global warming and climate budge promoting an upward feedback strategy in-house and development of a business intelligence strategy. To a large degree BP Explorations resources and capabilities are wellspring aligned with its business plan, generating a competitive advantage for the company as a whole.In the new-made 1990s BP made a break with the petrochemical industry and set a precedent. The companys management understood it was good business to incorporate ecology into business and community strategic planning. In May 1997, BP CEO, John Brown gave a pioneering speech, announcing BPs decision to accept that climate change is occurring and its intention to do something about it. This move created BP a rotary of attention from the worlds media, environmentalists and politicians. BP was the first multi-national to make such a stand. It committed to reducing greenhouse emissions and to joining outside(a) efforts in minimising greenhouse emissions. Solar en ergy was officially made a priority, on a score with BPs three other business ventures exploration, oil and chemicals.3In-house, BPs upward feedback strategy, was designed to create a greater sense of hypothesise satisfaction for employees while working in harmony with the companys growth. Senior management was determined to achieve a more open style in the workplace based on committed teams engaged in open, honest communication to plan and achieve corporate,