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BP Exploration - Case Study Example
Pages 4 (1004 words)
Identify the resources and capabilities which BP Exploration has been able to draw in the last five years. To what extent are these resources and capabilities aligned to its business strategy Evaluate the degree to which they generate competitive advantage for BP Exploration, and the extent to which that advantage is sustainable into the future…
Drawing on your previous analysis, to what extent do you believe BP Exploration's relative performance can be sustained in the medium term
Over the last five years, BP Exploration has drawn on a number of resources and capabilities which keep it one of Britain's 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 BP's worldwide revenue. It employs 60% of BP's staff and has more than 40 independent Assets.1
BP's work on oil and natural gas 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 base; already with strong positions in Alaska, the North Sea and North America, it is now developing major new fields in Angola, Azerbaijan, Trinidad, Algeria and in the Gulf of Mexico, with liquefied natural gas business expanding into the Asia Pacific Region. BP's TNK BP venture 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 Georgia and 1,076km through Turkey. The pipeline, buried its entire length, has eight pump stations. ...