Middle East Economic Survey
VOL. XLVIII
No 13
28-March-2005
NOCs And IOCs Jostling For Market Advantage
International oil companies (IOCs) have begun to complain lately of a lack of opportunities for upstream developments, and see a need for state-controlled oil and gas industries to open up for investment. At a CGES conference in London on 22 March, David Knott heard that while national oil companies (NOCs) were also having their options limited by their own governments some were beginning to...
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