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Outline the structure of your work placement organisation.

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Introduction

Transfer-Encoding: chunked I have completed a six week summer internship at BP; BP is one of the world's six major oil and gas companies. BP is a public limited company (Plc) which means that shares are available to be bought by anyone and is listed on the London stock exchange. BP have many aims and objectives that they will try to achieve. BP have five values that every employee will strive to accomplish. These include, safety, respect, excellence, courage and one team. Moreover, 1 BP have a 10 point plan which lists all their aims and objectives; the main points include, focus on safety, playing to strengths, be simpler and more standardised, generate around 50% more in operating cash flow, have half of incremental operating cash for reinvestment and lastly, have a strong balance sheet. In order for BP to 2 pursue their objectives they set clear priorities, actively manage a quality portfolio and employ distinctive capabilities. Clear priorities ensures BP run safe, reliable and compliant operations which will lead to better efficiency and safety performance. Also by actively managing a quality portfolio, it allows BP to concentrate on areas where they can play to their strengths which means BP continue to grow. ...read more.

Middle

Midstream which involves transportation, storage and processing. (5) Downstream is the product and services of BP such as fuels, petrochemicals and lubricants. The first main department is finance. Finance are involved with money and future plans. They will prepare accounts like invoices, management accounts, and financial accounts for shareholders. They will also prepare wages and salaries for the employees and obtain capital and resources such as money for expansion or to pay for resources such as equipment and materials. Also as BP is an energy company they will have engineers and shipping departments. The engineers will work closely on where the oil is located and how to get the oil and gas in order for it to be extracted and then shipped to where it needs to go in which the shipping department will be in charge of. BP will also have a Human Resources (HR) department. HR is about retention, dismissal and employing people. Tasks HR would do would include staff training, performance evaluations, career planning, health and safety, job classification, working conditions and unions. Furthermore, they have IT&S (Information technology and services). ...read more.

Conclusion

Aside from those two tasks I did other little tasks like moving files from old SharePoint sites to new, checking for broken links on the GWO portal, creating meetings and presenting in them and learning about BP as a company and the importance of information management in a business. BP have many competitors. Shell is one of the main energy companies that BP are competitive with. Shell is a global group of energy and petrochemical companies with headquarters the Netherlands. Shell operate around the world which makes them a global company. 5 Another main competitor is Esso. Esso is originated from America and is the international trade name for ExxonMobil who sell oil and fuel worldwide. Lastly, Texaco is another main competitor with BP. 6 Texaco ("The Texas Company") is the name of an American oil retail brand. Texaco is merged with Chevron and operates worldwide. BP operate in the energy and natural resources sector. 7 this is a category of stocks that relate to producing or supplying energy. This sector includes companies involved in the exploration and development of oil or gas reserves, oil and gas drilling, or integrated power firms. ...read more.

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