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Author: Corazón Morales Siddayao Publisher: Springer Science & Business Media ISBN: 9401168520 Category : Technology & Engineering Languages : en Pages : 259
Book Description
which may be termed 'political. risks'-may be important deter minants of investment. After taking such risks into consideration in the exploration and development stage, a firm computing the pres ent value of its probable income stream must consider several other factors. In addition to the current rate of production, it must con sider these: (I) engineering limits to the rate of extraction in any given period, (2) physical limits to the total amount of the resource that can be produced within a given location, and (3) limits to the availability of new petroleum sources at the same costs as at the present location. It might be useful at this point to note that the firm as an explo ration agent in South-East Asia operates largely as a contractor to the host government who has ownership and final control over the petroleum resources. The group of suppliers of petroleum reserves in the region is characterized by the presence of the major com panies, directly or through subsidiaries, as well as by many small er, and even independent, companies. Three major companies currently dominate exploration and producing operations in two countries-Exxon and Shell in Malaysia, Shell in Brunei. In Indonesia, Caltex and Stanvac dominate production. Outside Malaysia and Brunei the bulk of new exploration is conducted by relatively smaller companies side-by-side with the major companies like Exxon, Gulf, Mobil, Shell, and Texaco.
Author: Corazón Morales Siddayao Publisher: Springer Science & Business Media ISBN: 9401168520 Category : Technology & Engineering Languages : en Pages : 259
Book Description
which may be termed 'political. risks'-may be important deter minants of investment. After taking such risks into consideration in the exploration and development stage, a firm computing the pres ent value of its probable income stream must consider several other factors. In addition to the current rate of production, it must con sider these: (I) engineering limits to the rate of extraction in any given period, (2) physical limits to the total amount of the resource that can be produced within a given location, and (3) limits to the availability of new petroleum sources at the same costs as at the present location. It might be useful at this point to note that the firm as an explo ration agent in South-East Asia operates largely as a contractor to the host government who has ownership and final control over the petroleum resources. The group of suppliers of petroleum reserves in the region is characterized by the presence of the major com panies, directly or through subsidiaries, as well as by many small er, and even independent, companies. Three major companies currently dominate exploration and producing operations in two countries-Exxon and Shell in Malaysia, Shell in Brunei. In Indonesia, Caltex and Stanvac dominate production. Outside Malaysia and Brunei the bulk of new exploration is conducted by relatively smaller companies side-by-side with the major companies like Exxon, Gulf, Mobil, Shell, and Texaco.
Author: Corazón Morales Siddayao Publisher: Springer Science & Business Media ISBN: 9401168555 Category : Technology & Engineering Languages : en Pages : 223
Book Description
l INTEREST in the off-shore petroleum resources of South-East Asia was manifested in the 1960s when development in off-shore technol ogy allowed oil companies to search beyond prospective land areas. The dramatic increases in oil prices in the early 1970s but more particularly the events of 1973 and 1974, when world oil prices were quadrupled by the oil exporting nations and major supply cutbacks were experienced by certain developed nations, further heightened this interest. Cost/price relationships had not only improved and made off-shore oil in hitherto less attractive areas commercially prospective; nations that were net importers and whose international exchange reserves were strained by the high import costs of foreign oil also found it prudent to begin looking for indigenous resources and to encourage such search. The search for and discovery of petroleum in South-East Asia on the scale in which it has been conducted in the last ten years was new to the region. It was natural, therefore, for students of South-East Asia to raise questions about its progress, questions concerning in ternational relations, social impacts, and economic policy im plications. The purpose of this study is to try and answer the question: 'What are the potentials for conflicts or cooperation among nations arising from the search for petroleum resources in the seabeds of South-East Asia?' The problem of conflicts or cooperation among nations is a topic that has many facets and may involve a multitude of issues, for example, legal, economic, technical, security, social, etc.
Author: Mark J. Valencia Publisher: Elsevier ISBN: 1483190412 Category : Nature Languages : en Pages : 310
Book Description
The South China Sea: Hydrocarbon Potential and Possibilities of Joint Development presents the proceedings of the EAPI/CCOP Workshop East-West Center held in Honolulu, Hawaii on August 5-12, 1980. The book contains papers on the geology and offshore hydrocarbon potential in the Philippines, Thailand, and Indonesia; and on the need for certain basic prerequisites for initiating and maintaining rational and orderly oil and gas exploration and development programs. The text also presents papers on the establishment of effective production-sharing type tax regimes for petroleum; on the implications of the Southeast Asian contractual framework; and on a general approach to the planning and management of environmental aspects related to offshore oil and gas prospecting, drilling, development and production. The precedents of the joint development of hydrocarbons in areas of overlapping boundary claims, with examples from the North Sea, the Persian Gulf, the Korea-Japan continental shelf and the Thai-Malaysian continental shelf, are also considered.
Author: Mark Cleary Publisher: Springer ISBN: 1349234850 Category : Business & Economics Languages : en Pages : 161
Book Description
The book examines the nature of development and diversification in the oil and gas exports, development planners have sought to implement a range of strategies for diversifying the economy in order to secure sustainable levels of growth and development. As well as providing with an informed, up-to-date account of Bruneian economy and society, the book evaluates these strategies and assesses their impact on Brunei and on its place in Southeast Asia.
Author: Toufiq A. Siddiqi Publisher: Routledge ISBN: 0429724756 Category : Political Science Languages : en Pages : 332
Book Description
This book is the outgrowth of various research programs carried out within the Energy Project of the Resource Systems Institute of the East-West Center. It provides an understanding of some of the major energy issues faced by the policy makers of the nations of Asia and the Pacific.
Author: Khong Cho Oon Publisher: Cambridge University Press ISBN: 0521309018 Category : Political Science Languages : en Pages : 266
Book Description
This book examines the relationship between foreign companies and government within the Indonesian oil industry. It is concerned in particular to identify those factors which determine the balance between central regulation and untrammelled company activity, in order to evaluate the choices which the government has to make in the creation of its policies. Given the extent of foreign investment in the mineral extractive industries of many of the less-developed countries, such policies are of major importance. From his study of the operation of Indonesian oil contracts, Dr Khong concludes that the formal terms of an agreement may well give a misleading impression of the actual allocation of the benefits from petroleum extraction. The common perception that a basic shift in favour of host governments has occurred is shown to be largely misplaced, whatever relative advances they may have achieved.
Author: Jeffrey R. Professor Vincent Publisher: Routledge ISBN: 1136522484 Category : Law Languages : en Pages : 490
Book Description
The remarkably rich natural environment of Malaysia attracts the interest of both industry and the environmental community. Managing Natural Wealth analyzes major natural resource and environmental policy issues in the country during the 1970s and 1980s-a period of profound socioeconomic change, rapid depletion of natural resources, and the emergence of serious problems with pollution. Managing Natural Wealth is an important up-date to Environment and Development in a Resource-Rich Economy: Malaysia under the New Economic Policy. First published in hardcover in 1997, this pathbreaking book emphasized economics as a source for analyzing the issues involved in environmental and natural resource management in developing countries. The access that Jeffrey Vincent and Rozali Mohamed Ali and the contributing authors had to unpublished data and key decisionmakers made their account an essential reference for policymakers and researchers in Malaysia and throughout the globe. Managing Natural Wealth includes a review of key developments since the 1990s by S. Robert Aiken and Colin H. Leigh, two geographers with a long-standing interest in environmental change in Malaysia and an understanding of the institutional context of its environmental policy that is unmatched in the scholarly community.
Author: Siow Yue Chia Publisher: Institute of Southeast Asian ISBN: 9813035315 Category : Business & Economics Languages : en Pages : 354
Book Description
Papers presented at the Workshop on China-ASEAN Economic Relations: Developments in China and ASEAN and Their Implications for China-ASEAN Economic Relations, 27-29 Oct. 1987, Beijing.
Author: Corazón Morales Siddayao
Author: Corazón Morales Siddayao
Author: Corazón Morales Siddayao
Author: Mark J. Valencia
Author: Mark Cleary
Author: Toufiq A. Siddiqi
Author: Christian L. Wiktor
Author: Khong Cho Oon
Author: 
Author: Jeffrey R. Professor Vincent
Author: Siow Yue Chia