Oil and Gas Environment - Assignment

Introduction to the Oil and
Gas Environment

Table of Contents
INTRODUCTION...........................................................................................................................1
1. ROLES AND RESPONSIBILITIES WITHIN UPSTREAM DIVISION OF BRITISH
PETROLEUM..................................................................................................................................1
2. SIGNIFICANCE OF ENVIRONMENT TO THE SUCCESS OF BUSINESS .........................2
3. HOW BRITISH PETROLEUM IS CONTRIBUTING TO THE LOCAL COMMUNITY.......4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
In the current era of globalization, oil and gas market is flourishing rapidly and thus they
possess effective roles and responsibilities within the oil and gas sector. However, within he
upstream department of firm, employees possess effective roles and responsibilities in terms of
using their skills and capabilities and enhance the business operations. Thus, it helps firm to
examine the competitive elements within upstream division so that appropriate outcomes could
be attained (Devold, 2013). Further, through identifying the two crucial elements from PESTEL
analysis and then evaluating their significance towards the success of firm helps in improving
performance of oil and gas business. Here, British Petroleum has been selected which is a British
multinational oil and gas firm whose headquarter is situated in London. BP is one of the seven
major oil and gas companies.
1. ROLES AND RESPONSIBILITIES WITHIN UPSTREAM DIVISION OF
BRITISH PETROLEUM
There are different roles and responsibilities being followed by professionals within
upstream division of oil and gas company. Within the upstream department they possess
effective roles and responsibilities that helps in carrying out transportation, claiming real and
anticipated damages through increase flows and volumes of production. Further, they also
possess the role of regulating oil and gas activities. Also, focuses upon conserving hydrocarbon
resources that could be used by BP in future. It also helps in maintaining and administer the
National Data Repository (Anderson, 2016). Upstream division of BP also helps in achieving our
vision that calls for significant investment in every area of our business. But in regard to
maintain our role as the world's largest crude oil exporter that helps in developing bulk of this
spending which will be in our upstream activities. Within oil and gas industry there are over
400000 people employed in UK industry and thus plays a major part in order to design, accounts
and HR practices. However, they possess effective roles and responsibilities in terms of upstream
department employees so that they need to ensure that job roles and responsibilities could be
fulfilled and thus workload could be managed (Davies and et. al., 2014).
All the employees are required to take a variety of tasks and responsibilities in term of
clearly identifying the roles and responsibilities so that best results could be attained.
Management of BP describes the organizational structure and responsibility in such a manner
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