Supply Services to Arctic Offshore Operations; Macro-environment, Market Demand, and Business Potentials - The Case of Maersk Supply Service

Title: Supply Services to Arctic Offshore Operations; Macro-environment, Market Demand, and Business Potentials – The Case of Maersk Supply Service Authors: Linnea Sonesson – Master of Science in Business Administration and Technology Management Patrik Torstensson – Master of Science in Mechanical E...

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Bibliographic Details
Main Authors: Sonesson, Linnea, Torstensson, Patrik
Format: Other/Unknown Material
Language:English
Published: Lunds universitet/Företagsekonomiska institutionen 2010
Subjects:
Online Access:http://lup.lub.lu.se/student-papers/record/1652673
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Summary:Title: Supply Services to Arctic Offshore Operations; Macro-environment, Market Demand, and Business Potentials – The Case of Maersk Supply Service Authors: Linnea Sonesson – Master of Science in Business Administration and Technology Management Patrik Torstensson – Master of Science in Mechanical Engineering and Technology Management Supervisors: Bertil Nilsson – Adjunct Professor, Department of Industrial Management and Logistics, Lund Institute of Technology, Lund University Ulf Paulsson – Associate Professor, Department of Business Administration, Lund School of Economics, Lund University Niels P. Elmbo – Senior General Manager, Project and Sub Sea, Maersk Supply Service Issue of Study: A forecasted increase in energy demand and consumption, together with a decrease of existing oil and gas reserves, has led the oil and gas producers to new areas beyond the conventional oil and gas regions. The Arctic, an area mainly located north of the Arctic Circle, is believed to hold very large potential of the world’s yet-to-be discovered oil and gas reserves. In addition, the Arctic is relatively unexplored and therefore qualifies as a new area. The harsh conditions and sensitive environment, together with the opinions and requirements from a number of affected stakeholders, bring new and unknown challenges to companies interested in operating in the Arctic region. In step with increased exploration and production activities in the Arctic, there is an increased demand for service providers such as the Offshore Supply Vessel (OSV) industry to be able to operate in the area. However, some questions remain to be answered. For example, which stakeholders have an influence on the development of the Arctic petroleum industry, what OSV services does the market demand, what are the main challenges in providing the required services, and what is the potential for and within the Arctic OSV industry? Purpose: To contribute to the knowledge regarding the Arctic offshore oil and gas industry in general and the business potential ...