BP Exploration - Case Study Example

Only on StudentShare

Extract of sample
BP Exploration

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. ...
Download paper


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…
Author : rhuels

Related Essays

The strategic analysis of Oil and Gas Company named as British Petroleum (BP)
This report provides insights about the present and future marketing strategies that are designed by the company as a result of pressure from several environmental forces. In this regard, the paper is primarily divided into different sections. In each section, strategic performance of BP has been measured through general analytical techniques which include PESTEL, SWOT, BCG Matrix and Ansoff Grid. At the end, recommendation, suggestion and future strategic option for BP are mentioned with respect to the analysis discussed above. ...
13 pages (3263 words) Essay
Doing business globally and internationally (ARR)
. 14 Appendices ….…. 16 Part A 1. With reference to the academic literature and using your analysis of relevant environmental factors, speculate how and why BP identified AAR as a potential ‘partner’. In which areas are the expected benefits and synergies for both companies involved? BP and ARR met in March 2003 to establish a joint venture having the equal proportion i.e. 50-50% in the oil and gas sector of Russia (Sylvia, 2011). TNK and Sidanco were the target companies of this joint venture. BP i.e. British Petroleum is one of the most renowned oil and gas exploration based...
12 pages (3012 words) Essay
British Petroleum
The business model of BP aims to generate value for the hydrocarbon value chain. The process usually starts through exploration and ends with energy supply (BP, 2012). In 2011, the growth in global oil consumption slowed although robust growth continued in China and other non OECD countries. Despite the slowdown average prices of crude oil were however higher as compared to previous years (BP-a, 2012). BP facts and figure indicates a stable growth where its sales and operating revenue stood at 83,400. The core brands of BP are Castrol, Arco, ampm, Aral and Wild bean cafe (BP, 2012). The paper...
12 pages (3012 words) Essay
Examination the present strategic position of the multibillion British Petroleum (BP) plc Oil Company
Introduction Business ethics refers to the moral guidelines that govern business practices at the workplace, and these are the universally accepted principles that are expected of each business. In the contemporary business world, the concept of business ethics has gradually been popularised and it is now a buzzword all over the world. Many firms around the world today are not only concerned with making profits and meeting fiduciary responsibilities to shareholders and consumers, but also showing corporate responsibility (Dirks 2001). There is a proven parallelism between profits and Social...
16 pages (4016 words) Essay
BP Case
As a result, he outsourced and collaborated with Burmah Oil Company. Together, the two companies made their first successful oil discovery in 1908. Numerous transformations and ownership details alterations followed this incidence. During this stage, the name was Anglo-Persian Company. The British government secured several shares, propelling the company’s progress (Kim and Marques 1). The British influenced the initial interest of the company. The primarily aim for searching and mining of oil was the need to fuel British aircrafts and vehicles in the world war I and probable future wars...
3 pages (753 words) Essay
British Petrolium Exploration
Finally BP Explorations current strategies against future competitions they face are also discussed....
6 pages (1506 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!