SWOT Analysis of Ensco Technologies with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis
Oil Services and Equipment
Innovation Starts Here
World's 2nd largest oil and gas well drilling company
Corporates, countries looking to fulfill energy services needs
Companies involved in petroleum and natural gas exploration
It provides solutions to challenges in the Oil services sector
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
6. Strong emphasis on safety and reliability
1. Many of ENSCO rigs are located in Gulf of Mexico where the production is declining
2.Declining in jack up rig utilization causing a decline in revenue
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.
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