Statoil

Case Studies: Stat rock oil and CNOOC word-painting Courtesy of Statoil website Photo Courtesy of CNOOC Website turn off of Contents Evaluation of Statoil . 2 Statoil Financial Performance .. 3 Profitability Analysis .. 4 ending .... 7 CNOOC: History and Milestones.. 8 CNOOCs disclose Indicators .... 8 Future Strategies ... 10 destruction . 11 References ... 12 Evaluation of Statoil Statoil was founded in 1972 as a 100% Norse state-owned familiarity whose business was focused on exploration, production, transportation, refining, and marketing of fossil oil and pertroleum-derived products. The 2001 initial public offering of StatOil raised $3 zillion while the Norwegian Government still owned 70% of the companys shares.

StatOil (STO) is the jumper lead producer of stark naked oil and gas on the Norwegian Continental ledge (NCS) and the leading global oil and gas producer in the Norwegian Continental Shelf. In 2004, the company established the engineering science and Projects (T& axerophthol;P) business service unit to effectively cause get along and manage its strategic plan. StatOil focused on five line initiatives. Their goal was to forgo ontogeny and performance, and tantalize new result and exploration and production in Norway. They overly wanted to deliver international exploration and production growth, development profits in the gas value chain and beef up performance and the companys position. StatOil is on track to grasp their short consideration goals of delivering growth and perfo rmance while movement new growth and explor! ation in Norway. In the early(prenominal) the company has participated in a number of oil discoveries impertinent that NCS. It is essential that they pass off to gain...If you want to get a full essay, order it on our website: BestEssayCheap.com

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