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Logistics and Operations for Oil and Gas

   

Added on  2021-04-21

15 Pages3529 Words53 Views
Running head: LOGISTICS AND OPERATIONS FOR OIL AND GASLogistics and Operations for Oil and GasName of the studentName of the universityAuthor note

1LOGISTICS AND OPERATIONS FOR OIL AND GASExecutive summaryThis report had critically discussed the benefits of expanding into gas processing, transportation,storage and marketing. Oil and natural gas industry have faced many challenges in theiroperations and such issues have been discussed. This had dealt with areas such as qualitymanagement, project management, planning and control. The analysis of the report provided afew key findings. Expansion into gas processing, transportation, storage and marketing is crucialto mitigating the rising demand for energy resources in the developing countries. The report hadbeen able to identify the appropriate supply chain process for expanding into South Korea whichshowed that effective use of technology for facilitating the human machine interaction had beenessential for gaining competitive advantage and sustainability in the market.

2LOGISTICS AND OPERATIONS FOR OIL AND GASTable of ContentsIntroduction......................................................................................................................................3Company background......................................................................................................................3Learning outcome 1.........................................................................................................................4Benefits of expanding into gas processing, transportation, storage and marketing.....................44 challenges faced in logistics and Operations............................................................................5Learning outcome 2 and 3...............................................................................................................6Recommending appropriate supply chain design........................................................................7Difference between service and product supply chain................................................................9Learning outcome 4.......................................................................................................................10Interaction between staff behavior and process technologies....................................................10Use of technology to ease Human Machine Interaction and mitigate negative impacts...........11Conclusion.....................................................................................................................................12References......................................................................................................................................13

3LOGISTICS AND OPERATIONS FOR OIL AND GASIntroduction This report will critically discuss the benefits of expanding into gas processing,transportation, storage and marketing. Oil and natural gas industry face many challenges in theiroperations and such issues will be discussed. This will deal with areas such as qualitymanagement, project management, planning and control. British petroleum has been selected asthe company of choice and the second part of the report will develop an appropriate supply chaindesign which is essential for expanding into South Korea. The final part of the report will depictthe human machine interaction essential for providing the consumers with the product and theservices along with identification of the negative impact due to this interaction.Company background BP plc is one of the multinational companies in the oil and natural gas sector which hasits headquarters in London. It is among the world’s top ten oil and natural companies and isamong the top six companies in terms of market capitalization (bp.com 2018). The organizationhas implemented vertical integration into their business model and has been operating in all areasof the natural gas and oil industry consisting of production, exploration, distribution, refining,marketing, petrochemicals, trading and power distribution. Moreover, the organization also dealswith wind power and bio fuels. British petroleum has been involved in large number of major safety and environmentalincidents. The major incidents in this regard are the largest spill of oil on the Torrey Canyon andPrudhoe Bay. Moreover, the explosion in the Texas City Refinery led to the death of 15 workers.The largest Oil spill in the marine waters is the Deepwater Horizon oil spill which resulted in

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