Middle East Economic Survey

VOL. XLIX

No 9

27-February-2006

REGIONAL

NOCs International Growth Changing Relationships With IOCs, Says Accenture Study

The pattern of traditional partnerships between national oil companies (NOCs) and international oil companies (IOCs) is changing fast amid strong international growth by NOCs and the shift of technology ownership away from IOC operators to oil service companies, according to consultancy Accenture. In a study launched at CERA Week in Houston on 7...