Sanawa Oil Company has experienced tremendous growth in the past few years. Under the leadership of Silvio De Binti, the company has succeeded to secure, explore and produce (E & P) contracts in the petroleum-producing developing countries. The firm has realized this growth despite the increasing prices of crude oil.
However, the business was alleged to be involved in some illegal transactions that forced Silvio to resign from being the chief executive officer. As per the allegations, this company enticed individual governments to use force against a community that protested against lack of development from oil revenues. The accusations claimed that at least eight innocent civilians died in the crisis. The direct involvement in the loss of lives resulted in a loss of several billion dollars from Sanawa Oil Company. In light to this, the new CEO, Hazel Akua-Aba has an enormous task of restoring the company’s reputation. Precisely, the firm needs to make significant business decisions within a short period to take advantage of the rising E & P opportunities.
Inhaltsverzeichnis (Table of Contents)
- Brief Synopsis of the Issue
- Recommendations
- Background Information
- Attractiveness of Angola for E&P Services
- Analysis and Evaluation of Strategic Options for Sanawa Oil Limited
- Implementation Plan
- References
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This document provides an analysis of Sanawa Oil Company's situation in Angola, a country experiencing both economic growth and political instability. The primary objective is to identify strategic options for Sanawa to capitalize on E&P opportunities while navigating reputational challenges stemming from alleged involvement in past conflicts. The analysis aims to provide the company with actionable recommendations to enhance its financial performance and restore its image in the region.
- Economic considerations and their impact on conflict dynamics in Angola
- The role of E&P activities in shaping the Angolan economy
- The impact of political instability on business decisions in Angola
- Strategic options for Sanawa Oil Company to improve its reputation and financial performance
- The importance of navigating political and social complexities in the oil industry
Zusammenfassung der Kapitel (Chapter Summaries)
- Brief Synopsis of the Issue: This section introduces Sanawa Oil Company's current situation, highlighting its recent growth and the reputational damage caused by alleged involvement in conflicts. The text emphasizes the need for the new CEO to restore the company's image and make strategic decisions to capitalize on E&P opportunities in Angola.
- Recommendations: This chapter outlines three key recommendations for Sanawa Oil Company: (a) making financial decisions based on the current economic landscape in Angola; (b) establishing a collaborative mechanism with the government, organizations, and local communities; and (c) implementing strategic decisions to improve the company's reputation.
- Background Information: This section provides insights into the Angolan economy, highlighting the recent slowdown in growth and fluctuations in oil prices. The text discusses the impact of global oil price dynamics on the Angolan budget and explores the trends in fuel imports and exports. It also touches upon the role of greed and grievances in fueling conflict in Angola.
Schlüsselwörter (Keywords)
The key focus of this text is on the strategic challenges faced by Sanawa Oil Company in Angola. It delves into the dynamics of conflict, the impact of economic considerations on political stability, and the need for reputation management in the oil industry. This analysis encompasses the complexities of operating in a politically volatile environment, balancing financial objectives with ethical considerations, and navigating stakeholder relations in a resource-rich nation.
- Quote paper
- Amos Wesonga (Author), 2015, Political and economical considerations of oil companies investing in Angola, Munich, GRIN Verlag, https://www.grin.com/document/429299
