Choose a specific oil and gas company 

Choose a specific oil and gas company

Task:
Choose a specific oil and gas company and assess the
refining and shipping strategy that it follows. It is expected that
the factors that influence this process will be analysed and the
framework of analysis will take into account the strategy of the
company and any risk management practices the company
utilized in its operations
In this way, apply concepts, theories and models to evaluate
the effectiveness of the companies’ shipping strategy and risk
management processes. will be also be expected to exhibit
leadership characteristics and suggest improvements to the
current practices pursued by the shipping firms where
appropriate and discuss how these can develop and
strengthen company’s position into the industry
Required:
Words: 825
Taking into account their current fleet of ships, which are the
products they transport by sea and why and also how do they
manage their risks, do they operate voyage trip or time
chattering policy, Give recommendations on what the
company can do efficiently from a risk management
perspective in the oil and gas industry. It is important to
look at the company’s strategy and risk management
practices utilized in its operations.
The chosen company is SOCAR. The State Oil Company of
Azerbaijan Republic (SOCAR) is the state-owned oil and gas

Task (2)

Solution preview for the order on choose a specific oil and gas company

Choose a specific oil and gas company 

APA

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