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Examples
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In 2005, after 19-year absences, Occidental Petroleum, Marathon Oil and Amerada Hess signed agreements to return to their former production areas and explore.
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In 2005, after 19-year absences, Occidental Petroleum, Marathon Oil and Amerada Hess signed agreements to return to their former production areas and explore.
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In the mid-1950s, Continental took a considerable bite in Libya, in a partnership with Marathon and Amerada that was called the Oasis Group.
The Prize Daniel Yergin 2008
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In the mid-1950s, Continental took a considerable bite in Libya, in a partnership with Marathon and Amerada that was called the Oasis Group.
The Prize Daniel Yergin 2008
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In 1998 Amerada Hess formed a joint venture, Delta Hess, with the Saudi-owned Delta Oil to explore and exploit petroleum resources in Azerbaijan.
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Elsewhere, Nicholas Brady, the Secretary of the Treasury under the first President Bush, and Edith Holiday, a former assistant to the first President Bush, serve on the board of Amerada Hess, which has teamed with some of Saudi Arabia's most powerful royal-family members to exploit the rich oil resources of Azerbaijan.
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In 1998 Amerada Hess formed a joint venture, Delta Hess, with the Saudi-owned Delta Oil to explore and exploit petroleum resources in Azerbaijan.
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Elsewhere, Nicholas Brady, the Secretary of the Treasury under the first President Bush, and Edith Holiday, a former assistant to the first President Bush, serve on the board of Amerada Hess, which has teamed with some of Saudi Arabia's most powerful royal-family members to exploit the rich oil resources of Azerbaijan.
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- U.S. companies adopted a number of return strategies, from buying back old concessions (Marathon and ConocoPhillips), winning bids for new blocs (Chevron and ExxonMobil), or a combination of both (Amerada Hess and Oxy)...
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- U.S. companies adopted a number of return strategies, from buying back old concessions (Marathon and ConocoPhillips), winning bids for new blocs (Chevron and ExxonMobil), or a combination of both (Amerada Hess and Oxy)...
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