Aramco Navigating the Energy Transition Tarun Khanna Gizem Cihan Dincsoy 2024

Aramco Navigating the Energy Transition Tarun Khanna Gizem Cihan Dincsoy 2024

Write My Case Study

I am a journalist, an analyst, and a speaker. I have a degree in economics. And I am now the CEO of a big oil company — Aramco — with a $250 billion value. I can see both the risks and opportunities arising from our energy transition. But there is only one way to navigate through them successfully — Section 1: Today’s world is facing the daunting challenge of transitioning from the fossil fuels to clean energy sources such as renewable

VRIO Analysis

In 2020, Aramco became a publicly listed company on the Saudi stock exchange. The initial public offering (IPO) was in April and garnered around $29 billion in investments, the largest IPO globally at that time. While it’s true that the company has been expanding, especially with its low-emissions projects in the UAE, the focus of our discussion will be on how the company has navigated the energy transition in a very competitive global environment. This is an ideal opportunity for the company to

Marketing Plan

The oil and gas sector is no longer the single largest driver of global GDP. Over the past decade, the global transition from fossil fuels to renewables has gathered pace. Renewable energy now provides about 23% of global electricity generation. However, the fossil fuel sector is still the biggest contributor to global energy consumption and emissions, with natural gas, oil and coal representing the vast majority of the total. As such, energy-intensive industries, including oil and gas, must adapt to the shifts occurring in the industry’s

Problem Statement of the Case Study

In our globalized world, energy is the backbone of economies, societies, and technologies. However, the world faces a multitude of energy challenges, such as climate change, energy poverty, resource depletion, and geopolitical tensions. To overcome these challenges, nations worldwide have embarked on a transformation to a more sustainable energy model. Aramco, the national oil company of Saudi Arabia, is one such company that is leading the transformation. The transformation has not been easy for Aramco. But it

Alternatives

Aramco’s ambition is not to “transition” to clean energy or to “reinvent” its traditional energy business. It is to “reinvent” the entire industry by being a leader in low-carbon energy generation and delivery. The company believes this can be achieved in a relatively short time and in a way that is economically attractive, and will create significant value. A few months ago, I attended a virtual conference called “The Energy Transition in the New Normal,” convened by the IEA (International Energy Agency) and IAE

Porters Five Forces Analysis

[In the beginning of the century, Aramco emerged as a crucial player in the energy industry. It was primarily known for being a petroleum company, and since then, it has transformed from a single-sphere organization to a multifaceted entity offering more services. The advent of the COVID-19 pandemic, however, shook up the industry and changed the narrative.] The company is on a journey of digital transformation, which necessitates adopting new strategies, technologies, and processes. read this For instance, the company is lever