British Petroleum Assignment

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ASSIGNMENT 1

UNIT 7 – BUSINESS OPERATION IN ENGINEERING

TASK 1

British Petroleum:
British Petroleum (BP), formerly known as The Anglo-Persian Oil Company (APOC) was founded in
1908, when British geologists discovered oil in Masjid-i- Suleiman, in the Khuzestan Province in
Iran. BP is involved in the chemical engineering industry in both the primary and tertiary sectors of business.
The primary sector of the economy is the sector making direct use of natural resources including, agriculture, forestry, fishing and mining. BP’s involvement in the primary sector includes the extraction of petroleum from underground oil pockets. This is normally done by drilling long holes into the earth with an oil rig to form oil wells. This is part of the …show more content…

Their commercial functions include sales, marketing, distribution, finance and purchasing. Their engineering functions include Research and development, design, manufacturing, product development and product support.
AgustaWestland:
AgustaWestland was a helicopter design and manufacturing company. They produce aircrafts for Aerospace and Defence contracts. This company creates cutting edge equipment to provide the latest technology integration to provide to its consumers on all variants of aircrafts. It was formed in in July 2000 as an Anglo-
Italian multinational company, when Finmeccanica and GKN merged. AgustaWestland is involved in both the secondary and tertiary sectors of business as they design, manufacture and sell high end helicopters to various companies requiring civil and military aircrafts. This company works in the engineering sector of
Aerospace and Defence. Their operational functions include operations, engineering and product support and well as industrial development, products and flight operations.
RS Components:
RS Components started in 1937 in North-West London known as Radiospares Limited. RS components …show more content…

TASK 2

Augusta Westland:
Augusta Westland’s parent company is Finmeccanica. The CEO
(Chief Executive Officer) of Finmeccanica is Mauro Moretti, the company was founded in 1897 in Italy. It currently has 54,380 employees, with total sale of $19.45 billion. AgustaWestland is a helicopter design and manufacturing company and is owned by

Finmeccanica; it was formed in July 2000 as an Anglo-Italian multi-national company, when Finmeccanica and GKN merged their helicopter subsidiaries (Augusta and Westland Helicopters) to form AgustaWestland.
GKN and Finmeccanica each held 50% of the shares. Finmeccanica brought GKN’s stake in the Subsidiary in
2004. Since January 2016 the activities of AgustaWestland has become a part of Finmeccanica’s helicopter sector. British Petroleum:
British Petroleum’s CEO (Chief Executive Officer) is Robert Dudley. British
Petroleum (BP), formerly known as The Anglo-Persian Oil Company (APOC) was founded in 1908, when British geologists discovered oil in Masjid-i- Suleiman, in the Khuzestan Province in Iran., currently it has 84,500 employees with current sales in excess of $352.75 billon. It has $284.31 billion in assets and $352.75 billion in revenue.
RS

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