Description
SWOT ANALYSIS OF ENSCO TECHNOLOGIES
Ensco Technologies
Parent Company
Ensco plc
Category
Oil Services and Equipment
Sector
Energy
Tagline/ Slogan
Innovation Starts Here
USP
World's 2nd largest oil and gas well drilling company
STP
Segment
Corporates, countries looking to fulfill energy services needs
Target Group
Companies involved in petroleum and natural gas exploration
Positioning
It provides solutions to challenges in the Oil services sector
SWOT Analysis
1. It is one of the largest oil and gas drilling company 2. It has newest ultra deepwater fleets having less average age 3. Huge geographical reach with presence in major offshore basins 4. Services & products offered for petroleum and natural gas exploration and production 5. Huge fleet consisting of over 40 premium jackup rigs and 8 ultra deepwater semisubmersible Strength 6. Strong emphasis on safety and reliability
1. Many of ENSCO rigs are located in Gulf of Mexico where the production is declining Weakness 2.Declining in jack up rig utilization causing a decline in revenue
Opportunity
1.The acquisition of Pride International opened access to Brazil and
West African markets. 2.Increasing natural gas market globally 3.More oil well discoveries 4. Infrastructure growth means more automobiles and construction equipment which require more fuel.
1.Adoption of alternative fuel by people 2.Renewable energy development 3.Environmental hazards cause a backlash Threats 4.Economic instability and fluctuations worldwide
Competition
1. Transocean 2. Noble 3.Diamond Offshore Drilling Competitors 4. Rowan Companies
doc_904257494.docx
SWOT ANALYSIS OF ENSCO TECHNOLOGIES
Ensco Technologies
Parent Company
Ensco plc
Category
Oil Services and Equipment
Sector
Energy
Tagline/ Slogan
Innovation Starts Here
USP
World's 2nd largest oil and gas well drilling company
STP
Segment
Corporates, countries looking to fulfill energy services needs
Target Group
Companies involved in petroleum and natural gas exploration
Positioning
It provides solutions to challenges in the Oil services sector
SWOT Analysis
1. It is one of the largest oil and gas drilling company 2. It has newest ultra deepwater fleets having less average age 3. Huge geographical reach with presence in major offshore basins 4. Services & products offered for petroleum and natural gas exploration and production 5. Huge fleet consisting of over 40 premium jackup rigs and 8 ultra deepwater semisubmersible Strength 6. Strong emphasis on safety and reliability
1. Many of ENSCO rigs are located in Gulf of Mexico where the production is declining Weakness 2.Declining in jack up rig utilization causing a decline in revenue
Opportunity
1.The acquisition of Pride International opened access to Brazil and
West African markets. 2.Increasing natural gas market globally 3.More oil well discoveries 4. Infrastructure growth means more automobiles and construction equipment which require more fuel.
1.Adoption of alternative fuel by people 2.Renewable energy development 3.Environmental hazards cause a backlash Threats 4.Economic instability and fluctuations worldwide
Competition
1. Transocean 2. Noble 3.Diamond Offshore Drilling Competitors 4. Rowan Companies
doc_904257494.docx