Please read Case 11(C-147) part 4, case studies “Pacific Drilling: The Preferred Offshore Driller” and write a 4 to 6 page APA formatted paper..
Please provide at least three (3) peer-reviewed resources in support of your arguments.
- 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