The paper "Entrepreneurial Opportunity Analysis: ADMA-OPCO" is an impressive example of a Business assignment. The Abu Dhabi Marine Operating Company or rather the ADMA-OPCO deals in the production of oil and gases from offshore areas that exist within the larger Emirate of Abu Dhabi. The firm has continued with the exploration and generation of oil and gas products for the past 50 years hence perceived as being one of the most notable pioneers of this activity (ADMA-OPCO, 2015). For most of its production activities, two areas: Umm Shif and Lower Zakum remain to be the most productive as crude resource generated is later transferred to Das Island for processing, storage, and export purposes. ADMA-OPCO has over the years engaged in an intensive exploration of new areas within the Emirate as most of its resources are directed towards exploiting such new fields as Satah Al Razboot (SARB) and Umm Lulu fields (ADMA-OPCO, 2015). It is important to note that the company has over the years, engaged in a rigorous process of change that has seen most of the activities improve over time. In essence, notable improvements continue to be perceived in such areas as a commitment to attaining long-term projects program especially in covering facilities expansion prospects, production growth, and development as well as in the new installations-based activities.
The focus of this case is on examining probable issues and opportunistic areas within the larger procurement department of the firm that can be scrutinized to access how they can be fairly-utilized to affect future possible growth and development. Problem Statement & Definition Stage 1: Team Activity Section There are major problems that can be linked to the procurement department of this giant producer of oil and gas.
Some of the probable issues that might emanate from this department and need immediate address include; the supply planning where there might exist challenges in inaccurate or omitted information, the budget cycle timing postulating a mismatch on the overall funding cycle
ReferencesADMA-OPCO (2015). About ADMA-OPCO. Retrieved on November 19, 2015 from http://www.adma-opco.com