Case studies in the Oil and Gas industry Piper Alpha Piper Alpha was a North Sea oil production platform operated by Occidental Petroleum (Caledonia) Ltd. The platform began production in 1976‚ first as an oil platform and then later converted to gas production. An explosion and resulting fire destroyed it on July 6‚ 1988‚ killing 167 men‚ with only 59 survivors. The death toll includes 2 crewmen of a rescue vessel. Total insured loss was about £1.7 billion (US$ 3.4 billion). At the time of
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Why Your Business Should Relocate To: Industry City Well removed from the hustle and bustle of Midtown Manhattan‚ the Financial District and Downtown Brooklyn lies Industry City‚ one of New York City’s premier places to do business. Located in the Sunset Park neighborhood of Brooklyn‚ this collection of turn-of-the-20th century warehouses and industrial plants has now been readapted for use as a modern for center for manufacturing‚ design and other key economic sectors. Home to a bevy of companies
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Introduction: Tyre manufacturing industries face a lot of competition‚ price and cost pressure. There is demand for tyre manufacturing industries in the market across the world and because of this reason manufacturing industries is facing management and technical issues for example less availability of raw material‚ rivalry force and risk is very high. The customers are mainly concerned with functionality of tyres and not giving much importance to pricing. However pricing is given importance for
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including several belonged to Weyerhaeuser were operating in the state and Minnesota ranked third in the nation in lumber production. Towns and cities throughout the Midwest were built using Minnesota lumber. The lumber industry relied on the same basic essentials as the flour industry. Investment from business owners such as Weyerhaeuser was combined with natural resources machines and people. Though logging in Minnesota had begun in the late 1830s it wasn’t until the 1880s that lumber companies started
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The key causes of the Deepwater Horizon Disaster are overconfidence bias‚ incompetence‚ poor decision making‚ and ignored warning signs. As years go by‚ good leaders continue to make bad decisions due to certain cognitive biases which inhibit us from viewing problems as they need to be seen; therefore‚ our minds distort information received and make miscalculations when processing the information (Mackin‚ 2010). Since BP was a very successful organization‚ it had grown overconfident in its projects
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leads in the water away from the joints. Tile Industry in India: The tile industry was set up by the India nearly a century ago. Mangalore was dominated by tile industries. The first tile industry was established in Mangalore by the German Basel Mission. First time in India a French pattern of roofing tiles was
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Summary Geoffrey Chutter‚ owner of Whitewater Industries‚ has to relocate his fiberglass moulding business to one of three locations he has in mind due to the need for expansion‚ complaints of residents nearby the factory while he keeps in mind the importance of his aspects of operating systems. This new factory must at least be 6040 square meters and be in an area with zoning regulations that allow for fiberglass production Whitewater West Industries has three proposed new locations; [1] the spacious
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Question 1: The members in the music industry in Lebanon always tried to accomplish different markets to raise the development level in the Arab world. The music industry has reached an actual growth in Lebanon. This progress is still facing a rejection that is affecting the economic situation of Lebanon. The Lebanese music market is common between Lebanese and international companies. For example‚”Anghami” this company serves customers in the Middle East and North Africa. It has a strategic partnership
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Executive Summary Dell is the most successful company in PC industry of 21st century. It has shown phenomenal growth record over the past decades & listed as America’s third most admired company. Their core strength lies in Direct model offering closer customer interaction and Virtual Integration. This is giving a low cost advantage to Dell and its competitors are not able to imitate this model for all these years. The products of Dell are known for their quality‚ service & on time delivery
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Business Description Toromont Industries Ltd. was founded in 1961 by eight private investors in Canada. The company’s stock was listed on the Toronto Stock Exchange in 1968. Toromont Industries Ltd. owns and operates through two business segments which are: The Equipment Group and CIMCO Refrigeration. The Equipment Group serves an estimated $5 billion markets and owns one of the world’s largest CAT dealerships in terms of revenue and geographic territory‚ which comprises of 36 branches in Canada
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