This paper examines the interactions between recent changes in domestic and external finance in Arab countries and developments in their hydrocarbon (oil and gas) sectors. In the last two decades, countries have witnessed three major transformations in their financial and energy sectors, and in the role and size of the state. First, in line with […]
This report and presentation were prepared as part of the EUROGULF project carried out under the European Commission’s Synergy Program by a consortium under the coordination of the Robert Schuman Centre for Advanced Studies, European University Institute, Florence.
This presentation discusses the evolution and performance of the institutional framework underlying oil activities in the GOM region. It characterises the two systems that have defined the rules for offering and assigning GOM acreage: Tract Nomination (TN) from 1953 to 1982 inclusive,and Area Wide Leasing (AWL) from 1983 to the present. Finally, it discussesthe effects […]
This paper was presented at the OPEC International Seminar, Vienna on 17th September 2004, by Adrian Lajous, Chairman of the Oxford Institute for Energy Studies.
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