Oil & Gas Management

Oil & Gas Management Order Description Module Title: Oil & Gas Management Format: Essay Presentation: No Any special requirements: · All work should be submitted on the Student Portal along with an acceptable Turnitin Report (with a score LESS THAN 15%) · The Assignment should be written in the third person, in the style of an Essay. · The Assignment should NOT contain an Abstract, Executive Summary, a Table of Contents, or a re-statement of the Assignment Brief. · There should be a Title Page showing your name and Student ID. · Pages MUST be numbered. · Assignments must be submitted electronically via the Student Portal. · All your work should be referenced properly, using the Harvard System for Citations and Referencing. · Spell and grammar check using your software’s proofing tools with language set to English (UK), before final submission. Word Limit: 2,500 words (with 10% plus or minus leeway) Deadline date for submission: Friday November 26th 2014 by 17:00 hours Learning outcomes to be examined in this assessment · Demonstrate an understanding of the interrelationship of the factors affecting management performance in different sectors of the worldwide oil and gas industry. · Discuss the financial, commercial and contractual activities used in the management worldwide oil and gas industry. Percentage of marks awarded for module: This assignment is worth 50% of the total marks for the module Assessment criteria Explanatory comments on the assessment criteria Maximum marks for each section Content, style, relevance, originality Clear demonstration of rigorous research from recognised authoritative sources. Audience focus. Structure, objectives, meeting the deliverables, time and resource constraints. 50% Format, referencing, bibliography Rigorously, using the Harvard method 10 % Constructive critical analysis, introduction, conclusion Accuracy, full articulation of ideas developed. Offering well-argued solutions and/or alternatives. 40% Candidates must clearly label their ID Number on additional separate reference, formula or answer sheets. Assignment Task: Joint Ventures – Marriage or Divorce? Case Study of TNK-BP In 2003, with the blessing of both the British Prime Minister and the Russian President, BP and a group of Russian oligarchs announced the creation of a strategic partnership to hold their joint assets situated in Russia and Ukraine. This event was the creation of the company TNK-BP. This joint venture has never been far from the news, and in 2008 disputes over corporate governance and future strategy emerged. The only oil company operating in Russia with partial foreign control, it emerged that perhaps TNK-BP would be prevented from developing new fields in Russia due to national security rules. Nevertheless, this joint venture accounts for nearly one-quarter of BP’s oil production and one-fifth of its reserves. Limited success, by bringing BP’s know-how and technological expertise, boosted the output from the established fields from 1 million bpd production to 1.4 million bpd by 2004. Despite the issuance of a memorandum of understanding by the joint venture parties in September 2008, the organisation has suffered from government intervention and meddling, environmental disasters in Siberia, and an unsuccessful courtship with Rosneft in 2011. Write a 2,500-word essay on problems that have beset TNK-BP almost from the initial creation until now. What happened, the reasons for the disputes and the blame-game surrounding the corporate governance issues and the environmental incidents? Further, interpret and analyse the facts from your research to present an exposition or commentary on how these disputes could have been prevented, or whether the “marriage” was doomed to failure from the start and should never have taken place. Your own interpretations and conclusions from your researches are fundamental. Supporting your own arguments in a robust and objective manner will qualify for better marks than a simple re-statement of the data and opinion found in the research. IMPORTANT: There is no need for any detailed financial analysis or description of TNK-BP’s operations; concentrate on the principles and cultural and corporate differences. You should ensure that your essay brings the debate up-to-date with events up to 2014. Total marks for assignment: 100 Standard marking system for use when marking coursework assignments – for all programmes at GSM. Indicative Grade UK% marks Characteristics. Distinction 70%+ Very high standard of critical analysis using appropriate conceptual frameworks. Excellent understanding and exposition of relevant issues. Clearly structured and logically developed arguments. Good awareness of nuances and complexities. Substantial evidence of well-executed independent research. Excellent evaluation and synthesis of source material. Relevant data and examples, all properly referenced. Merit 69-60% High standard of critical analysis using appropriate conceptual frameworks. Clear awareness and exposition of relevant issues. Clearly structured and logically developed argument. Awareness of nuances and complexities. Evidence of independent research. Good evaluation and synthesis of source material. Relevant data and examples, all properly referenced. Pass 59-50% Uses appropriate conceptual frameworks. Attempts analysis but includes some errors and /or omissions. Shows awareness of issues but no more than to be expected room attendance at classes. Arguments reasonably clear but underdeveloped. Insufficient evidence of independent research. Insufficient evaluation of source material. Some good use of relevant data and examples but incompletely referenced. Pass 49-40% Adequate understanding of appropriate conceptual frameworks. Answer too descriptive and or any attempt at analysis is superficial containing errors and omission. Shows limited awareness of issues but also some confusion. Arguments not particularly clear. Limited evidence of independent research and reliance on a superficial repeat of class notes. Relatively superficial use of relevant data sources and examples and poorly referenced. PASS MARK=40% E 39-30% Weak understanding of appropriate conceptual frameworks. Weak analysis and several errors and omissions. Establishes a few relevant points but superficial and confused exposition of issues. No evidence of independent research and poor understanding of class notes or no use of relevant data, sources and examples and no references. PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET AN AMAZING DISCOUNT :)