Published by MBA Skool Team, Last Updated: April 12, 2020
SWOT analysis of Petrofac analyses the brand by its strengths, weaknesses, opportunities & threats. In Petrofac SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Petrofac to benchmark its business & performance as compared to the competitors. Petrofac is one of the leading brands in the energy & power sector.
The table below lists the Petrofac SWOT (Strengths, Weaknesses, Opportunities, Threats), top Petrofac competitors and includes its target market, segmentation, positioning & Unique Selling Proposition (USP).
We’re one of the world's leading oilfield service companies, constantly evolving, innovating and creating value for our stakeholders
Strong player in developing markets
Corporates, countries looking to fulfill energy services needs
Companies involved in petroleum and natural gas exploration
Leading service provider to oil and gas companies internationally
SWOT Analysis of Petrofac
Below are the Strengths in the SWOT Analysis of Petrofac:
1. Highly diversified company with operations in more than 29 countries 2. Strong cash flows 3. Engineering and construction segment of company doing excellent in new markets 4. Services & products offered for petroleum and natural gas exploration and production
5. New streamlined organizational structure simpler for customer to understand 5. High emphasis on safety and social responsibility
Here are the weaknesses in the Petrofac SWOT Analysis:
1. Financial performance may be affected by very small number of large contracts 2. Contracts on Lump-sum basis
Following are the Opportunities in Petrofac SWOT Analysis:
1.Increasing fuel/oil prices
2.Increasing natural gas market globally
3.More oil well discoveries
4. Opportunities in new markets like Turkmenistan Iraq
The threats in the SWOT Analysis of Petrofac are as mentioned:
1.Government regulations pressurizing operations
2.High Competition from existing oil services companies globally
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.
Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry. Browse marketing analysis of more brands and companies similar to Petrofac. This section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2500 brands from over 20 industry sectors.
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