Middle East governments offer sweet deals to private oil companiesNew development contract formulas shift price risk to governments; impact will be global, van Meurs tells IAEE Kristen Nelson PNA News Editor
Middle East governments are changing the kind of oil and gas development agreements they make with oil companies, and the impact could reach as far as Alaska, Pedro van Meurs told the International Association of Energy Economists in Anchorage May 31.
Past agreements between resource-owning governm....
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The price risk Cash flow affected New terms in Middle East Iran was first Reasons for service agreements different
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