Control of Management and Operations

Ian Seymour

Chapter Chapter X in OPEC, 1980, pp 216-235 from Palgrave Macmillan

Abstract: 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 (search for similar items in EconPapers)
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-05794-8_10

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DOI: 10.1007/978-1-349-05794-8_10

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