Analysis Cairn Energy PLC Essay Example | Topics and Well Written Essays - 2000 words

analysis Cairn Energy PLC - Essay ExampleThe headquarters of the company is situated in Edinburg. The company was founded by Sir, Bill Gammel who besides happens to be a former rugby player. The initial operations of the company were in USA. However, after the listing of the company on London stock vary in 1988 the company expanded nationally and internationally into Spain, China, Vietnam, Australia, Bangladesh, Albania, Nepal, Tunisia and Papua New Guinea. The average oil produced by the company is 33,000 per day (approx). However the largest operations of the company be in India as the company has been able to make over 20 discoveries in the state of Rajasthan. This includes one major discovery in Mangala. The main products produced by the company include natural gas, Petroleum and petrochemicals. ... mmunication of performance and strategy Organizational Structure Group Structure Divisional Structure External Environment Analysis PESTEL Analysis Political The government make believe been very involved in the production and exploration of oil and gas. The geopolitical violence and developments in few countries have lead to a less than suitable and highly risky for foreign investments in production and exploration of oil and gas. Economic The global economy is aspect to make a comeback from the economic downturn in Europe and USA. Add to that the western oil and gas market has become extremely competitive. wherefore companies are looking to invest in some of the emerging economies of the countries in the eastern region. Companies also enjoy favourable corporate conditions, tax breaks and relatively petty(a) labour rates the market has also witnessed an energy crisis. The crisis has mainly occurred changes in demand and supply side limited resources for production leading to increase in costs or production. Also the oil prices are decided by the supply and demand factors. Due to the fluctuations in these two factors has lead to instability in the prices . This actually posses a major risk in the times of low oil prices (Henry, 2008, p.201). Social Change in climate has led to a change a change in the lifestyle of the people. This also led to a change in the mindset of the people towards Carbon emission mainly in the developed countries. Due to such developments the corporate social responsibility has become an integral part of the marketing strategy of the companies to develop long relationships with environmental activists and topical anaesthetic communities. Technological Innovative drilling technology and exploratory techniques like the 3d seismic processing, improved plant design and 3d