ExxonMobil - Challenges and Opportunities

ExxonMobil - Challenges and Opportunities
Case Code: BSTR582
Case Length: 18 Pages
Pub Date: 2019
Teaching Note: Not Available
Price: Rs.500
Organization: ExxonMobil
Industry: Energy
Countries: United States
Themes: Corporate Strategy, Strategic Planning, Strategy Formulation, Strategy Implementation
ExxonMobil - Challenges and Opportunities
Abstract Case Intro 1 Case Intro 2 Excerpts


On January 31, 2019, ExxonMobil Corporation (ExxonMobil), the world's largest publicly traded Oil and Gas Company, announced that it would streamline its upstream organization and centralize project delivery across the company to support its growth plans announced in March 2018. Effective April 1, 2019, three new upstream companies would be created – ExxonMobil Upstream Oil & Gas Co., ExxonMobil Upstream Business Development Co., and ExxonMobil Upstream Integrated Solutions Co. Moreover, the company would also create the ExxonMobil Global Projects Company to enhance its project delivery capability and centralize major capital project planning and execution expertise to support all three business segments – upstream, downstream, and chemical. “We’re simplifying and integrating our upstream organization to better capitalize on the industry-leading portfolio we’ve assembled through acquisitions and exploration success in the U.S. Permian Basin, Guyana, Mozambique, Papua New Guinea and Brazil. Our focus is on increasing overall value by strengthening our upstream business and further integrating it with the downstream and chemical segments to take advantage of our unique capabilities across the value chain...

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