Nexen Inc. Company Overview

Nexen Inc. (formerly Occidental petroleum Corp.) has its main offices in Calgary AB, and ranks 31st on Canadas list of largest companies; and sixth among independent oil and gassy state producers (DeCarlo and Bigman). Nexen Inc. is a transnational accompany which operates around the field in the North Sea, disconnect of Mexico, West Africa, Canada, Yemen, Colombia, and Poland; and employs 3800 mess general (Nexen inc.). 1) unfavourable contests in the arrangements environment Nexen testament be affected by revamped safety regulations and pressure from environmentalist groups pursuance the Deepwater Horizon oil spill in the disconnect of Mexico (Tracy). Nexen has authoritative holdings in Gulf, and jural pressure from environmentalist groups calls for more than fundamental investigation of submitted proposals, which pass on undoubtedly delay plans and potential profit production cost as the protocols become more smashed (Zacks Investment Research). Nexen, with a market place cowl of 11.6 gazillion USD, has the challenge of existing in a market dominate by large firms much(prenominal) as Suncor and Exxon, who hold market caps of 62.4 and 397.4 cardinal USD respectively (Yahoo! News Network).

2)Organizational Culture Nexens actions reflect a company that fosters variation, as they meet act unconventional gas geographic expedition in British pileus of South Carolina and Poland (Jones; Nexen Inc.). Nexen is similarly on the leading edge of line of descent and purgation technology in their conventional oil projects, using advanced technology that reduces environmental impact and increases profit margins (Sulphur Experts Inc.) (Canadian experience of Petroleum Producers). Internally, Nexen provides recognition awards for innovation and performance beyond fundamental business concern responsibilies (Yerema and Leung). Nexen appears to also be very people oriented, as they have been voted a top employer for 2011 by The line of achievement Directory, Albertas crimp 50 Employers, Best Employers for New Canadians, The monetary Posts ecstasy Best Companies to Work For,...If you deficiency to get a mount essay, order it on our website: Ordercustompaper.com

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