Industry Analysis & Company Profiles Essay Example | Topics and Well Written Essays - 750 words

Industry Analysis & Company Profiles - Essay good exampleSome of these top companies that explore and refine oil include Gazprom, Saudi Aramco and the Royal Dutch pillowcase companies. This paper will look at the three oil companies and give a detailed handling of the historical background and their using over the years.Gazprom Neft is an oil company that has its headquarters in Russia has achieved to be among the speedy growing company inoil production across the industry. Gazprom Neft has attained a 10.6% annual egress againstaproduction volume of10, 85 million t wizards (Usa, 2010). The Priobskoye Oil field that is owned byGazprom Neft- isone ofthe largest oil fields that the company owns and is also one of the most promising oil field. Full development ofthis field began in2004, and since then, the field has contributed to 33% ofthe Companys total oil output by 2011. The Company has plans todesign and develop new oil fields both inboth Russia and other(a) countries outside Russia. There be fields found inthe north ofthe Yamal Peninsula that have huge potential drop and are beable toproduce more 20million tones once they developed (Usa, 2010). some other oil company is the Saudi Aramco Oil Company. The Saudi Aramco company has always focused on initiatives that are seen to bear the potential to create and invest the oil sector in Saudi Arabia as substantially as create more jobs for the nationals of Saudi Arabia. Apart from being a leader in creating an endeavour culture in the Kingdom, the company wants to diversify the national oil economy and attract more overseas investors into the kingdom. In order for the company to achieve these objectives, there is a close collaboration with the different worry lines that exist across the company that serves to leverage Saudi Aramcos assets as well as its liabilities.The positioning & Clusters Department has the responsibility of seeing Saudi Aramcos process of procurement of its goods and