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This detailed work is based on more than ten years experience in conducting tenders for the licensing of petroleum prospective acreage on behalf of a number of sovereign governments in Europe, Africa and the former Soviet Union. It explains the processes of licensing from the points of view of the two main protagonists, the government bodies and the international oil companies. The book also gives due prominence to the interests of the host communities and to the environment, as well as to the neighbouring states and the other participants who may be affected by the licensing process. In the modern world petroleum licensing takes place in the full glare of attention from the press and from public opinion. This work breaks new ground in recommending ways in which government and the oil companies may devise best practice in licensing to serve the interest of all parties and also an ethical business environment.
1919/28 cumulation includes material previously issued in the 1919/20-1935/36 issues and also material not published separately for 1927/28. 1929/39 cumulation includes material previously issued in the 1929/30-1935/36 issues and also material for 1937-39 not published separately.
The Libyan Oil Industry (1980) gives a narrative and analysis of the economic consequences of the discovery and production of oil in Libya, from the searches for oil by the major oil companies to the establishment of Libya as one of the main exporters in the world. It examines the reasons behind this rapid rise, and concentrates on the roles of the Libyan Government and the oil companies, and the relations between them; the impact of Libyan oil and events in Libya on the petroleum markets of Europe and the world; and the response of the Libyan economy to the development of its oil industry.