Published in Energy & Power category by MBA Skool Team
Petrofac is one of the leading brands in the energy & power sector. Petrofac 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 Petrofac:
Highly diversified company with operations in more than 29 countries
Strong cash flows
Engineering and construction segment of company doing excellent in new markets
Services & products offered for petroleum and natural gas exploration and production
New streamlined organizational structure simpler for customer to understand
High emphasis on safety and social responsibility
Above are the strengths in the SWOT Analysis of Petrofac. The strengths of Petrofac looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Financial performance may be affected by very small number of large contracts
Contracts on Lump-sum basis
These were the weaknesses in the Petrofac SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Increasing fuel/oil prices
Increasing natural gas market globally
More oil well discoveries
Opportunities in new markets like Turkmenistan Iraq
Above we covered the opportunities in Petrofac SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Government regulations pressurizing operations
High Competition from existing oil services companies globally
Risks of counter parts defaulting
Economic instability and fluctuations worldwide
The threats in the SWOT Analysis of Petrofac are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
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
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.
Browse marketing analysis of more brands and companies similar to Petrofac. This section covers SWOT Analysis along with Segmentation, Target Market, Positioning & USP of more than 2000 brands from over 20 industry sectors.
The brand names and other brand information used in the SWOT Analysis section are properties of their respective companies. The companies are not associated with MBA Skool in any way. Edit the brand or add a new one to SWOT Analysis section : Contribute