[Oil And Gas Marketing Issues In Exploration And Production Contracts: Case Study Analysis Of Saudi Arabia And Yemen]

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ACKNOWLEDGEMENT

I would take this opportunity to thank my research supervisor, family and friends for their support and guidance without which this research would not have been possible.

DECLARATION

I, [type your full first names and surname here], declare that the contents of this dissertation/thesis represent my own unaided work, and that the dissertation/thesis has not previously been submitted for academic examination towards any qualification. Furthermore, it represents my own opinions and not necessarily those of the University.

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ABSTRACT

Leaders of companies exploring for oil and gas had no means of characterizing the multitude of intercompany associations common to the industry. This study will examine the patterns of marketing issues based on exploration lease joint ventures for leases active on December 31, 2005 in the Saudi Arabia and Yemen. The country's marketing issues will be examined in this study including company status, company size, lease joint venture network centrality, longevity of company lease ownership, and the extent of company operations. The joint count, network and spatial autocorrelation tests will detect the significant patterning of intercompany associations by company status, but no patterning by company attributes including size, centrality, longevity, or extent. This study will also identify the strong tendency to homophily for major companies and heterophily for nonmajor companies in the domain of marketing. The overall tendency to heterophily by status remained across all the companies included in the study. Oil and gas company leaders and lease resource administrators can use insights from the observed patterns to inform partner selection decisions or lease administration practices.

TABLE OF CONTENT

ACKNOWLEDGEMENTii

DECLARATIONiii

ABSTRACTiv

CHAPTER 1: INTRODUCTION6

Background of the Study6

Statement of the Problem9

Purpose of the Study11

Significance of the Problem12

Research Questions13

CHAPTER 2: LITERATURE REVIEW14

Collection and use of associated natural gas: the MGS pipeline (1975 to 1985)14

MGS, gas-based feedstock and downstream processing plants16

Inclusion of non-associated natural gas (1985 onwards)19

Expansion in natural gas processing demand in 2000s20

Natural gas as the domestic energy source21

CHAPTER 3: METHODOLOGY25

REFERENCES26

CHAPTER 1: INTRODUCTION

Company leaders selected partners for oil and gas exploration from a limited cadre of companies, including competitors in an environment where there were many hundreds of such joint ventures and marketing issues related to them. These decisions took account of not only the attributes and competencies of the potential partner (Rajesh, 2007), but also the implications of partner selection on all the other joint venture associations. In an oil and gas exploration area, such as the Yemen's and Saudi Arabia, companies leases and nonexclusive exploration joint ventures form a network, with joint ventures as the link between companies. Vassiliou (2009) suggested that to understand the drivers of partner selection, leaders must consider existing joint venture arrangements. The current study will examine the relationships that exist between company attributes such as intercompany network position and the strength of joint venture association. Insight gained into these relationships will help leaders create suitable exploration joint venture tactics and strategies.

Background of the Study

As oil prices rose to the $100/b level during the first 6 ...