Technip SWOT Analysis
Technip is one of the leading brands in the energy & power sector. Technip SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of Technip:
Quick Glance:
Technip Strengths
- Worldwide presence in 48 countries and 30,000+ employees
- State of art industrial assets
- Good presence in all three business segments namely:- Subsea, Offshore and Onshore
- Excelling commitment to sustainable development with lot of CSR activity
- A fleet of approx 30 vessels in operation
Above are the strengths in the SWOT Analysis of Technip. The strengths of Technip looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Technip Weaknesses
- Out of the three division onshore division has shown under performance
- Stiff competition from international players and strong govt policies means restricted operations
These were the weaknesses in the Technip SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Technip Opportunities
- Developments in the middle east
- More oil well discoveries
- Growing demand for energy worldwide
- Series of acquisition by the company
Above we covered the opportunities in Technip SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Technip Threats
- High Competition from existing oil services companies globally
- Economic instability and fluctuations worldwide
- Issues caused by volatility in costs of input
The threats in the SWOT Analysis of Technip are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Hence this concludes the Technip SWOT analysis.
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About Technip
The table below gives the brand overview along with its target market, segmentation, positioning & USP
|
Technip | |
| Parent Company |
Technip |
|---|---|
| Category |
Oil Services and Equipment |
| Sector | |
| Tagline/ Slogan |
Take it further |
| USP |
Leader in project management with state of art industrial assets |
| Technip STP | |
| Segmentation |
Corporates, countries looking to fulfill energy services needs |
| Target Market |
Companies involved in petroleum and natural gas exploration |
| Positioning |
Company that provides superior operation performance with greater differentiation |
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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