BMGT5007: Oil and Gas

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Introduction to the company and key stakeholders

Exxon Mobil is a MNC that is involved in oil and gas exploration business. Company is currently operating in all six continents Asia, Africa, Australia, North America and South America. Companies totally have 71000 employees and revenue is USD 279.3 billion. Company is operating its business at large scale across the globe (Global operations., 2019). Some of the main stakeholders of the Exxon Mobil from environment sustainability point of view are employees, fisherman, Government and tourist driven business. Employees work in deep sea and due to company operations like oil spill or other company operation they may loss their life or become ill. Fisherman is another important stakeholder because during oil exploration process sound is generated so as to map oil exploration area (Prideaux and Prideaux, 2016). Fishes search for food by taking into account sound waves. Hence, fishes get accumulated near drilling area due to which fisherman find it difficult to catch fish. Moreover, if oil spill happened like seen in case of BP in Gulf of Mexico then in that case fishes get died which directly affect economic condition of the fisherman.

 

 

Reference:

Books and journals

Almada, G.V.D.M.B. and Bernardino, A.F., 2017. Conservation of deep-sea ecosystems within offshore oil fields on the Brazilian margin, SW Atlantic. Biological Conservation. 206. pp.92-101.
Amon, D.J. and et.al., 2017. Characterization of methane-seep communities in a deep-sea area designated for oil and natural gas exploitation off Trinidad and Tobago. Frontiers in Marine Science. 4. p.342.
Li, Y. and et.al., 2017. Quantitative impact of diagenesis on reservoir quality of the Triassic Chang 6 tight oil sandstones, Zhenjing area, Ordos Basin, China. Marine and Petroleum Geology. 86. pp.1014-1028.
Prideaux, G. and Prideaux, M., 2016. Environmental impact assessment guidelines for offshore petroleum exploration seismic surveys. Impact Assessment and Project Appraisal. 34(1). pp.33-43.
Santiago, I.U. and et.al., 2016. Hydrocarbons and trace metals in mussels in the Macaé coast: Preliminary assessment for a coastal zone under influence of offshore oil field exploration in southeastern Brazil. Marine pollution bulletin. 103(1-2). pp.349-353.
Tait, R.D. and et.al., 2016. Benthos response following petroleum exploration in the southern Caspian Sea: Relating effects of nonaqueous drilling fluid, water depth, and dissolved oxygen. Marine pollution bulletin. 110(1). pp.520-527.
Ţigănuș, D. and et.al., 2016. Present level of petroleum hydrocarbons in seawater associated with offshore exploration activities from the Romanian Black Sea sector. Revista Cercetări Marine-Revue Recherches Marines-Marine Research Journal. 46(1). pp.98-108.
Online
Global operations., 2019. [Online]. Available through:https://corporate.exxonmobil.com/Energy-and-environment/Where-we-work/Global-operations>.
Exxon Mobil warns a US fracking ban would lift oil price,. 2019. [Online]. Available through:< https://www.ft.com/content/56c57e68-fca1-11e9-a354-36acbbb0d9b6>.
The Valdez oil spill., 2020. [Online]. Available through:< https://corporate.exxonmobil.com/en/Energy-and-environment/Tools-and-processes/Risk-management-and-safety/The-Valdez-oil-spill#exxonMobilEnvironmentalPerformance>.

 

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