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Human resources Management - Assignment Example

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Rasgas is a liquefied natural gas (LNG) company in Qatar. RasGas extracts, stores processes and exports LNG to clients located in Korea, Italy, Taiwan, Spain, India, the US,…
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Download file to see previous pages RasGas also supplies LNG at home and in addition to producing LNG for export markets in the amount of 37 million tonnnes each year, RasGas also supplies about 2.0 billion cubic feet of LNG at home. RasGas also ‘manages and operates’ the ‘Hellim 1 and Hellim 2 facilities’ which together produces 1.96 billion cubic feet of liquid hellim annually. RasGas is committed to increase production with a view to meeting energy demands both at home and abroad (RasGas, 2001-2013).
…develop, produce and sell hydrocarbaons from the world’s largest non-associated gas field in a safe and environmentally responsible manner for the welfare of the State of Qatar and the satisfaction of our customers while maximizing shareholder value (RasGas, 2001-2013A).
...The safe and reliable production and delivery of products to a worldwide portfolio of customers and the superior execution of projects and technical services for our shareholders and stakeholders (RasGas, 2001-2013A).
Thus, the overall strategy of RasGas as an organization is to provide high quantity, and high quality LNG in a manner that is environmentally friendly. RasGas also emphasizes efficiency and excellence in customer service, profit maximization for shareholders and satisfaction for a wider class of stakeholders.
Sustainability is at the heart of RasGas’ strategy. According to RasGas, sustainability is the key to ‘business success’ (RasGas, 2001-2013B). Sustainability is therefore built on four pillars: performance improvement through competitiveness and innovation, improving relationships with stakeholders and shareholders, maintaining integrity through high operational and business standards and sustainable practices (see Figure 1) (RasGas, 2001-2013B).
RasGas’ external labour market consists of operating a ‘fleet of 27 LNG carriers under long term charter agreements with ship owners’ (RasGas, 2001-2013). This fleet of carriers include ‘conventional, Q-Flex and Q-Max ...Download file to see next pagesRead More
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