Abstract: Over 80% of the world’s energy are needs are provided by coal, oil and gas. Although 80% of technologies to extract fossil fuels any have changes over the decades, the core products themselves have never been challenged until now. Pressure to reduce carbon emissions is putting the future of Statoil Company in jeopardy, encouraging the growth of alternative methods to generate and distribute power. In the past eight years the value of the Statoil Company has halved leaving the company to redefine its role in this new energy world. Across the world Statoil company is facing disruption on an unprecedented scale. The pressure to adapt into this new energy world has now become the major concern for Statoil Company. So in the following paper I would like to discuss about the new methods that would replace the old process of Statoil Company to compete with the new energy world.
Keywords: Indicators (Specific), SWOT Analysis, Transformation Plan, Monitoring System, Pressure-State-Response (PSR), Statoil Company.
Title: Business Analysis & Transformation (BAT) Monitoring & Normalizing Plan (MAN) Statoil Petroleum and Wind Energy
Author: Karan Jain
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
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