of practice” in the context of knowledge management? Why is important to have “proven/best practices”? What are the basic functions of communities and associated examples? What are the approaches that make the “communities of practice” work for ConocoPhillips‚ Fluor‚ and Schlumberger? (p61-64) Knowledge retention has been a top priority for the Aerospace Corporation since its founding in 1960. Most of the programs in which Aerospace is involved go on for decades‚ making knowledge retention critical
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Products marketing in more than 40 countries. • They account for approx. 13% of world production. • They account for 21% world refining. • They account for 35% world product sales. Other IOCs are: • Amerada Hess • Anadarko • ConocoPhillips (simply Phillips) • ENI/Agip • Kerr McGee • Occidental • Repsol • Unocal The 2 main sectors in the industry are: Upstream Sector • Producing • Servicing Downstream Sector • Refining • Products sales • Transportation
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Reserves Multiple (US$ per boe) 05-Jul-2013 First Hydrocarbon Nigeria 105 23 Afren Acquisition of a 23% stake in a corporate entity with a 45% working interest in OML 26 in the Niger Delta Onshore 14 7.46 1‚550 100 Oando Acquisition of ConocoPhillips entire Nigerian operations‚ consisting of five onshore and offshore oil and gas assets Offshore / Onshore 221 7.00 20-Dec-2012; ConocoPhilip’s not complete(1) Nigerian Assets 04-Apr-2011 OML 30 Block 850 45 Heritage Oil Acquisition of
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Before 2011‚ Libya was Africa’s third largest and the worlds 17th largest oil producer‚ pumping out 1.6 million barrels (2% of world total) a day. Over 85% of its crude oil was exported. February 2011 protesters and government clashed. Things quickly turned into a civil war between the rebel-comtrolled East‚ and the government controlled West. Foreign nationals were evacuated as were multinational oil companies. These foreign nationals and oil companies did not know what to do. They were bound by
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that expectation. That was a mere acknowledgement to the actual levels of production i.e. 31.77 million (bpd) from 31.64 million bpd in October. But I think a higher ceiling won’t divert the attention of oil producing companies like Cheveron and ConocoPhillips who have long decided to cut costs by putting new projects to hold. In the process‚ high-cost‚ high-risk deep-water projects are the first ones to be
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British Petroleum is a global brand which is acknowledged worldwide for quality gasoline. The brand name BP ‘appears on production platforms‚ refineries‚ ships and corporate offices as well as on solar products‚ wind farms‚ research facilities and at retail service stations’. BP has grown into a global energy group from a local oil company. It has employed over 96‚000 people. Strategic decisions are usually long term decisions which are often risky and speculative. A strategic decision
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The world’s largest petroleum exhibition - The 14th China Worldwide Petroleum & Petrochemical Technology and Gear Exhibition (cippe Zhenwei Worldwide Petroleum Exhibition ) will be held in Beijing New Global Exhibition Centre in March 2014 from 19 to 21‚ the exhibition area of over 90‚000 square meters‚ More than 1600 exhibitors ‚ professional visitors will exceed 60‚000 people. Development of the industry as a barometer ‚ this exhibition reflects some of the hot spots of energy products industry
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at variable price points‚ in all product categories. TABLE 1 GLOBAL FORTUNE 500 LISTS (2009) Rank | Company | Revenues (in millions) | 1 | Exxon Mobil | 442‚851.0 | 2 | Wal-Mart Stores | 405‚607.0 | 3 | Chevron | 263‚159.0 | 4 | ConocoPhillips | 230‚764.0 | 5 | General Electric | 183‚207.0 | Source: www.fortune.com Wal-Mart was able to achieve a leadership status in the retail industry because of its efficient supply chain management practices. 3 areas where Wal-Mart manages
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CHAPTER 1 AN OVERVIEW OF INTERNATIONAL BUSINESS Chapter Objectives 1. 2. 3. 4. 5. Discuss the meaning of international business Explain the importance of understanding international business Identify and describe the basic forms of international business activities Discuss the causes of globalization Comprehend the growing role of emerging markets in the global economy 1-2 What Is International Business? Business transactions between parties from more than one country
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BP was the ªrst of these companies to change from a reactive to a proactive climate strategy formulation. In 1996‚ it withdrew from the oppositional Global Climate Coalition (GCC)‚ which was characterized as the most powerful lobby organization in climate policy.28 BP then accepted the climate change problem as diagnosed by the Intergovernmental Panel on Climate Change (IPCC) and gave its support to the Kyoto Protocol. In 1998 BP’s strategy formu- lation developed further in a proactive direction
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