acquired emgs from Norway’s state oil company‚ Statoil. emgs had technologies‚ primarily three- developed seabed logging (SBL)‚ an innovative technology that allowed oil companies to determine the presence of hydrocarbons (oil and natural gas) in deepwater formations prior to drilling. Previous dimensional (3D) seismic mapping‚ allowed explorers to see the potential formations that might trap hydrocarbons in the seabed‚ but they could not determine with much certainty whether there were fluids in these
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management The influence of legal issues‚ ethics and corporate social responsibilities of British Petroleum (BP) The factors that influence‚ Strategic‚ Tactical‚ operational and contingency planning Planning For Rebuilding and Growth Exploration Deepwater Gas value and chains Technology Relationships Strategic goals Increase stock values Rebuild public relationships and trust Improve global environment image Planning process Develop a plan Identify the plan Evaluate the plan Operational
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CHAPTER 6 NET PRESENT VALUE AND OTHER INVESTMENT CRITERIA Answers to Concepts Review and Critical Thinking Questions 1. Assuming conventional cash flows‚ a payback period less than the project’s life means that the NPV is positive for a zero discount rate‚ but nothing more definitive can be said. For discount rates greater than zero‚ the payback period will still be less than the project’s life‚ but the NPV may be positive‚ zero‚ or negative‚ depending on whether the discount rate is less than
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Strategic Management on Sapura Kencana Petroleum Berhad 1.0 INTRODUCTION A core competency by definition is a unique ability that a company acquires from its founders or develops that can make a significant contribution to perceived customer benefits of a product or services and it is difficult for a competitor to imitated. Core competencies are what give a company one or more competitive advantages‚ in creating and delivering value to its customers in its chosen field (Anonymous). According to
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Running head: Ethics and Corporate Responsibility in the Workplace and the World Ethics and Corporate Responsibility in the Workplace and the World Jennifer McDonald Legal 500 Professor KARINA ARZUMANOVA February 22‚ 2015 In ethical analysis‚ a stakeholder is a person or group whose interests will be impacted by actions or decisions by an organization (Halbert & Ingulli‚ 2012). Stakeholders include people who could influence project decisions. They also include people whose
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The National Wildlife Federation wrote the article “The Deepwater Horizon’s Impact on Gulf Wildlife and Habitats” the author(s) really didn’t used too many emotions when writing the article. In fact‚ this article was more informative of the issues that wildlife is faced with in their living conditions. Moreover‚ the article mainly list detailed information on statistics done by other researchers and scientist. The author simply used manipulation of statics. I believe‚ that the article was used in
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Industry mix: This is also important as it will determine the number of jobs that will be available Issue 4- Compensation to other Ports: No compensation to other ports could result in layoffs which needs to be avoided. 4) Defining my interests The Deepwater Port in seaborne is of high interest for the union as it has the potential for creating many new jobs. Therefore we need to make sure that we are included when it comes to the distribution of jobs by Harborco. 5) Knowing your limits and Alternatives
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Case Study Coca-Cola and CEO Douglas Ivester And BP and CEO Tony Hayward 1. If Douglas Ivester was so successful‚ for years‚ on the executive staff‚ why did he fail when he was given the CEO/president position? Give an overall impression‚ broad stroke explanation of why he failed. Ivester was a hardworking‚ diligent CEO‚ but he lost sight of the people side of Coca-Cola. In any business people are a very important aspect that needs to be nurtured because without them the business is
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will give the oil concern some advice‚ in case a reoccurrence takes place. The BP oil spill The BP oil spill was a big natural disaster in the Gulf of Mexico on the 20th of April 2010. The spill was caused by an explosion of the platform Deepwater Horizon leased by BP. 11 people were killed and 17 people were injured. During the effort to extinguish the fire‚ the platform sank. The drill rod broke and leaked oil. For almost three months the oil leaked into the Gulf of Mexico. The situation was
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Gulf Petroleum Investment Company (GPI) - Financial and Strategic SWOT Analysis Review On 20th January 2015 Summary Gulf Petroleum Investment Company (GPIC)is an oil and gas service provider. The company provides services in the areas of oil‚ gas‚ and petrochemical sectors. Its business areas include reservoir management and services optimization‚ oil wells engineering‚ reservoir development and planning‚ oil field implement‚ reservoir monitoring and control‚ crude oil and petroleum product trading
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