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Word Limit: 1,500 words (Plus or minus 10%) Learning Outcomes assessed: 1. Critically analyse potential market entry opportunities and make succinct decisions regarding direction. 2. Assess the current situation of the market and business with a view to market entry and/or exit. Assignment Brief Background The period 2014-2017 saw an unprecedented decline in the number of companies operating within the UK oil and gas sector. Decommissioning activity however is on the increase and presents a growing business opportunity. Paul Wheelhouse, Scottish Government Minister for Business, Innovation and Energy, wrote recently in the December 2017 issue of Energy Voice, “The Scottish Government is seeking to further increase the ability of the supply chain to secure onshore decommissioning contracts, with the Programme for Government committing a further 7.5 million towards establishing an ultradeep water port in Scotland.” Assignment Task You are a manager in the Decommissioning Services department of an oil and gas company of your choice operating in Scotland and the UKCS. As part of your responsibilities, you have been asked to perform a critical evaluation of decommissioning opportunities into the North Sea region for your company. Frameworks you may wish to consider could include: 1. Victor Cheng Business Situation and Profitability Analysis 2. Porters Five Forces to evaluate competitiveness 3. SWOT 4. PESTEL Use the document provided with this coursework as the starting point upon which to base your business strategy. Perform additional research of your own. [LOs 1 & 2] Materials provided: Energy Voice: Opinion: Scotland must capitalise on decommissioning market https://www.energyvoice.com/opinion/157664/opinion-scotland-must-capitalisedecommissioning-market/ [Accessed June 2018] End of Assignment Brief
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