LEADER 04280nam 2200589Ia 450 001 9910827532003321 005 20240410154100.0 010 $a0-8157-5472-8 035 $a(CKB)1000000000381268 035 $a(EBL)3004456 035 $a(OCoLC)74337158 035 $a(SSID)ssj0000214254 035 $a(PQKBManifestationID)12032318 035 $a(PQKBTitleCode)TC0000214254 035 $a(PQKBWorkID)10156089 035 $a(PQKB)10823030 035 $a(MdBmJHUP)muse38564 035 $a(Au-PeEL)EBL3004456 035 $a(CaPaEBR)ebr10141086 035 $a(MiAaPQ)EBC3004456 035 $a(EXLCZ)991000000000381268 100 $a20050706d2006 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aOil titans$b[electronic resource] $enational oil companies in the Middle East /$fValerie Marcel ; contributor, John V. Mitchell 205 $a1st ed. 210 $aLondon $cChatam House ;$aWashington, D.C. $cBrookings Institution$d2006 215 $a1 online resource (338 p.) 300 $aDescription based upon print version of record. 311 $a0-8157-5473-6 311 $a0-8157-5474-4 320 $aIncludes bibliographical references (p. 295-304) and index. 327 $aHow it all started -- How history is viewed by the national oil companies -- Corporate culture and identity -- Who is driving this train? -- New generations, changing expectations -- Changing mission of the national oil companies -- Industry challenges -- The home-front strategy -- Going international? -- Partnerships -- Conclusion : national oil companies on the rise -- Economic background : challenges faced by a petroleum-dependent economy : special contribution / by John V. Mitchell. 330 $aA Brookings Institution Press and Chatham House publication Ninety percent of the world's oil reserves are entrusted to state-owned companies. Originally created as political instruments, these so-called national oil companies (NOCs) face new demands amid today's dwindling oil reserves and simmering social pressures. Increasingly, state-owned oil firms--particularly in the Middle East--are having to balance the political demands of their governments with the need to be commercially competitive. In this ground-breaking new volume, Valerie Marcel draws on unprecedented access to the politicians, engineers; and businessmen directing five Middle Eastern state oil companies to shed light on one of the most secretive segments of the international oil industry. The author tells the stories of Saudi Aramco, Kuwait Petroleum Corp., the National Iranian Oil Co., Sonatrach of Algeria, and the Abu Dhabi National Oil Co.--oil titans which together produce one quarter of the world's oil and hold half of the world's known oil and gas reserves. Dr. Marcel explains the complex bond between each state and its oil company, tracing the relationship's evolution from the politically charged days of foreign concessions to today's world of profit-driven decisionmaking. Drawn from over 120 interviews with company executives, middle managers, and oil-ministry officials, the author identifies a number of surprising new trends in these companies' strategy, and she paints a picture of their nascent sense of corporate identity. The book provides rare, up-to-date insight into how state-owned companies are striking a balance between their national mission and their commercial needs. The book also provides an insider's guide to these companies' unique culture. Executives and researchers in the region--both inside and outside the oil industry--will find it a valuable 330 8 $atool for understanding business in the Middle East. 606 $aPetroleum industry and trade$xGovernment ownership$zMiddle East 606 $aGovernment business enterprises$zMiddle East$vCase studies 615 0$aPetroleum industry and trade$xGovernment ownership 615 0$aGovernment business enterprises 676 $a338.27280956 700 $aMarcel$b Vale?rie$01640166 701 $aMitchell$b John V$066213 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910827532003321 996 $aOil titans$93983584 997 $aUNINA