Business Finance Homework Help

Case Study:

Write a summary of the case as introduction of your paper

Why offshore drilling?

Offshore drilling typically used three types, what are the three types of offshore drilling?

• What was the reason for the fall of the company’s stock in 2014? Was the fall of the company’s stock related to the movement of Global Oil prices?
• Was collaboration with Chevron a wise move for the company?
• What were the challenges:
• Competition in the market including the supply of shale oil,
• Technological challenges, and
• Dealing with fluctuations in the international oil prices