Why Do International Oil Companies Engage in Joint Venture Agreements in the Qatari Gas Industry? – Dunning’s Ownership, Location and Joint Internalisation Advantages Perspective
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Building on Chap. 2, which offered a rationale for choosing Dunning’s eclectic paradigm of ownership, location and internalisation (OLI) advantages for explaining international oil companies’ preference for joint venture agreements, this chapter explains how international oil companies think they can best realise these three advantages through the choice of a joint venture agreement.