As a result of Carefully reading the Case Study, students should be able to: know that Castrol’s heritage is based on a combination of technical excellence in the development and production of oils and a focus on meeting the needs of customers, understand key elements of the dynamic marketing environment in which Castrol operates, and that Castrol has responded to this environment by providing technically superior products, know that Castrol’s oils and lubricants are designed to meet the need of a variety of market segments. — Edition 10
This case study demonstrates how the right people with the right skills ensure that the sector can maximise the recovery of the remaining oil and gas reserves as well as remaining competitive and profitable. — Edition 16
The case study examines how stakeholders influence the achievement of these aims and how Shell seeks to meet the needs of all of its stakeholders and balance the social, economic and environmental impacts of its work. — Edition 15
As a result of carefully reading the Case Study, students should be able to : understand why businesses take a long-term view of sustainable business practice and investment appreciate the importance of research and development understand how R&D helps a company to develop sustainable solutions. — Edition 10
This case study focuses on changes to the gas industry in recent years. — Edition 5
About the oil & gas industry
The UK oil and gas industry provides energy and essential chemicals for our transport, industry and homes in support of the British economy. The oil and gas industry provides around 75% of the UK's primary energy. New technology is being used to reduce the cost of finding and producing oil and gas, in order to extend the life of existing oil fields.
The UK oil and gas industry is located mainly off the east coast of Scotland and England, as well as in the Irish Sea and in the English Channel. The industry is made up of different types of companies providing different aspects of the oil and gas production process. Work is both onshore and offshore, such as:
Operating companies - which deal with the exploration and production of oil and gas under licence. Most are well-known international companies, working in many different parts of the world (such as BP, ExxonMobil and Shell)
Drilling companies- which undertake the drilling work and often operate and maintain their own mobile drilling rigs.
Service companies - which provide specialist assistance to both operating and drilling companies, e.g. drilling suppliers, cement companies, testing specialists, seismic equipment providers, divers, caterers, etc.
The industry also includes the sale and distribution companies, such as petrol service stations in towns and on motorways. These distributors include big companies like Shell, BP, Texaco and Total.
Given the range of skills needed to manage the whole process both onshore and offshore (from engineering, geology and data analysis to HR, finance and sales), the oil and gas industry relies on businesses coming together to identify needs and provide training. This is co-ordinated for the UK and overseas by OPITO. This organisation's focus is to deliver initiatives and activities which ensure a competent and safe workforce supply for the industry both now and in the future.