Advertisement

OPEC pp 216-235 | Cite as

Control of Management and Operations

  • Ian Seymour

Abstract

The desire of host governments for equity participation with the concessionaire companies in the oil producing ventures goes back a long way before the foundation of OPEC. But this was a demand that the major oil companies always resisted with all the power and guile at their command, sensing no doubt that such a development would strike at the very roots of their control over the supply arteries of the world oil industry. In the end, it required a collective impetus on the part of OPEC to unblock the path towards participation and the takeover by the host governments of control over crude oil production operations.

Keywords

Saudi Arabia Equity Holder Producer Government Host Government Price Talk 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Notes

  1. 9.
    J.E. Hartshorn: From Multinational to National Oil — The Structural Change, paper published in MEES, April 28, 1980.Google Scholar

Copyright information

© OPEC 1980

Authors and Affiliations

  • Ian Seymour

There are no affiliations available

Personalised recommendations