IMPROVING COMPETITIVE ADVANTAGE USING VALUE CHAIN ANALYSIS: CASE OF UKRAINIAN DEEPWATER OUTER CONTINENTAL SHELF EXPLORATION AND PRODUCTION.

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Date

2025

Authors

Lemesh, Valeriy

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Abstract

The main idea of the research is to carry out a strategic analysis to improve the competitive advantage of upstream cycle hydrocarbon exploration and production (E&P). The analysis will be based on Porter’s Value Chain framework augmented by PEST and SWOT strategic analysis models. The industry-specific Porter’s Value Chain Framework explained the necessary primary and supportive activities for carrying out offshore upstream cycle oil and gas E&P activities. Ukraine has a developed infrastructure (ports, airports, shipbuilding, and repair facilities), expertise, and human capital to fulfill demand in supportive activities as per industry-adjusted Porter’s Value Chain Framework. The research results show that Ukraine lacks the technologies and assets like seismic surveying vessels, drilling ships or rigs, pipe and cable laying vessels, to carry out upstream cycle primary activities at the deepwater part of OCS, which is common for all developing nations, and these activities are given for outsourcing to the world industry leaders.

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Keywords

cycle hydrocarbon exploration and production, Value Chain

Citation

Lemesh, Valeriy. (2025). IMPROVING COMPETITIVE ADVANTAGE USING VALUE CHAIN ANALYSIS: CASE OF UKRAINIAN DEEPWATER OUTER CONTINENTAL SHELF EXPLORATION AND PRODUCTION. Kyiv: American University Kyiv.