Description
SWOT ANALYSIS OF FURGO
Furgo
Parent Company
Furgo
Category
Oil Services and Equipment
Sector
Energy
Tagline/ Slogan
Investigating Planet Earth
USP
Leading provider of service related to studying the earth surface
STP
Segment
Corporate, countries looking to fulfill energy services needs
Target Group
Companies looking for setting up energy transportation system
Provider of service of collection and interpretation of data of earth Positioning surface to support various industries
SWOT Analysis
1. Strong demand of services from oil & gas, construction, mining and from governments 2. Advanced in technology and expertise to support services related to resources to world's natural resources which competitors cannot easily copy 3. Presence in more than 60 countries with a staff of 14000 employees 4. Insensitive to market fluctuations Strength 5. Providing services in many phases in life cycle of oil and gas field
1. Involved in controversies Weakness 2. Furgo's cost structure is very high compared to competitors
1.New discoveries of oil wells hence more requirements of services 2. New projects related to mining Opportunity 3. High requirement of oil worldwide
1.Bad economy worldwide 2.Protests from land owners living in proximity of pipelines 3. Political risk, economic instability and fluctuations worldwide 4. Renewable energy will like wind energy and solar energy Threats development will hurt furgo
Competition
1. CGGVeritas 2. Dawson Geophysical Company Competitors 3. Halliburton Company
doc_265327464.docx
SWOT ANALYSIS OF FURGO
Furgo
Parent Company
Furgo
Category
Oil Services and Equipment
Sector
Energy
Tagline/ Slogan
Investigating Planet Earth
USP
Leading provider of service related to studying the earth surface
STP
Segment
Corporate, countries looking to fulfill energy services needs
Target Group
Companies looking for setting up energy transportation system
Provider of service of collection and interpretation of data of earth Positioning surface to support various industries
SWOT Analysis
1. Strong demand of services from oil & gas, construction, mining and from governments 2. Advanced in technology and expertise to support services related to resources to world's natural resources which competitors cannot easily copy 3. Presence in more than 60 countries with a staff of 14000 employees 4. Insensitive to market fluctuations Strength 5. Providing services in many phases in life cycle of oil and gas field
1. Involved in controversies Weakness 2. Furgo's cost structure is very high compared to competitors
1.New discoveries of oil wells hence more requirements of services 2. New projects related to mining Opportunity 3. High requirement of oil worldwide
1.Bad economy worldwide 2.Protests from land owners living in proximity of pipelines 3. Political risk, economic instability and fluctuations worldwide 4. Renewable energy will like wind energy and solar energy Threats development will hurt furgo
Competition
1. CGGVeritas 2. Dawson Geophysical Company Competitors 3. Halliburton Company
doc_265327464.docx