This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: Legal system legal instability as well Economics instability as well COMPANY: Phibro American company going into Russia, not actually an oil company-production sharing agreement- fields are in poor condition only info they have about the quality of the fields is given to them from the Russian government- Russian government taxes them Eni Italian company Conoco they did their own field tests (due diligence)-find new, untouched territory-they control the whole supply chain-FDI as control-EBRD used this to help fund-World Bank used this to help fund Mobil no go-biggest company in the oil industry-did not enter Russia at the time, but are presently in Russia o Sakaline I, furthest any oil company has gone to drill for oil o Sakaline II (SHELL) KASHAGASN OIL FIELD-most difficult place to drill for oil-located in the Caspian sea o sea is frozen for most of the year...
View Full Document
This note was uploaded on 04/07/2008 for the course IBUS 200 taught by Professor Elms during the Spring '08 term at American.
- Spring '08