Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
In all the talk about National Oil Companies (NOCs) and International Oil Companies (IOCs), one thing has become clear: While the IOCs can usually be grouped as having a common purpose and method of business practice, the NOCs, despite their common acronym, often have nothing in common. That’s not to say that there aren’t numerous issues-there are. It’s just that there are often only one or two NOCs that have a given issue in common.
THE BIG QUESTION
One issue that is the most emotional, especially for those who consider themselves laissez-faire capitalists, is whether a given NOC exists for making money for itself and its shareholders, or whether it exists for strategic/national reasons to secure supply. Emotions can run high if the latter is suspected, because patriotism can run deep in every country; so if the business is viewed as making a deal for strategic/national reasons, money can be lost.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Kuala Lumpur - March 25-28
The Woodlands, TX - April 1-3
Houston, TX - April 6-9
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.