By Athanasios Pitatzis It was first on OilVoice at 23th of May 2016, http://www.oilvoice.com/n/Porters-Five-Forces-Model-for-the-Oil-Gas-Industry/c56bd619b3de.aspx Porter’s Five Forces framework is one useful strategic tool to evaluate potential opportunities and threats/risks for the oil and gas industry. The five key factors of this model are: Competitive rivalry Threat of New Entrants Threat of Substitutes…
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By Delia Morris & Athanasios Pitatzis With commodity prices in freefall, there would seem to be very few bright spots around the world for the sanctioning of upstream oil and gas projects over the next one to two-year period. In terms of activity levels, however, the Eastern Mediterranean region is…