BHP Petroleum works in numerous nations all over the world and currently working on oil and gas projects in Australia, The Gulf of Mexico, the UK, Algeria, Trinidad and Tobago and Pakistan with the plan to venture into Fawklands, Canada and Malaysia soon. BHP Billiton are one of the world’s largest producers of major commodities, including aluminium, manganese, coal, copper, iron ore, nickel, uranium and have significant interests in gas and oil sectors. Strategic management is the methodology whereby every single organizational functions and resources are incorporated and facilitated to apply planned procedures which are adjusted to the environment, so as to accomplish the long-term goals of the association and consequently can gain an advantage by adding value for all stakeholders. In other words, strategic management is a process whereby the organization put together plans, actions and executes them to achieve the organization objectives. A competitive advantage therefore is the edge the organization has over competitors, and these could be achieved through strategies like lower costs, a wider range of products and services or a focus on a specific niche market segment