Research into contract mode in international oil corporations' oil cooperative development projects

Liwei Liu; Erdong Zhao

doi:10.1109/WiCom.2008.2353

Research into contract mode in international oil corporations' oil cooperative development projects

Liwei Liu
, Erdong Zhao^*

^*Corresponding author for this work

North China Electric Power University
Wuhan University

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

Abstract

With the further expansion of economic globalization and a great upsurge in the internationally cooperative development of oil, the beneficial choice of the contract modes and terms of the cooperative development has become one of the most important issues for the international oil corporations (hereafter called IOC) who positively participate in this upsurge. Due to the benefit gambling situation between the host government and IOC, adopting any kind of unilaterally favorable contract mode would damage the cooperative relation. Justice and peace of mind are the keys for achieving a win-win circumstance. In this paper, the modes of contract, the difference and similarities of contracts will be analyzed, the new trend of contracts be discussed, and some suggestions for IOC be put forward.

Original language	English
Title of host publication	2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008
DOIs	https://doi.org/10.1109/WiCom.2008.2353
Publication status	Published - 2008
Externally published	Yes
Event	2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008 - Dalian, China Duration: 12 Oct 2008 → 14 Oct 2008

Publication series

Name	2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008

Conference

Conference	2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008
Country/Territory	China
City	Dalian
Period	12/10/08 → 14/10/08

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth

Keywords

Contract mode
Host government
IOC
Oil cooperative development project
Risk

Access to Document

10.1109/WiCom.2008.2353

Cite this

Liu, L., & Zhao, E. (2008). Research into contract mode in international oil corporations' oil cooperative development projects. In 2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008 Article 4680542 (2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008). https://doi.org/10.1109/WiCom.2008.2353

@inproceedings{d6582d8dbae94637be67606d7d2e6efd,

title = "Research into contract mode in international oil corporations' oil cooperative development projects",

abstract = "With the further expansion of economic globalization and a great upsurge in the internationally cooperative development of oil, the beneficial choice of the contract modes and terms of the cooperative development has become one of the most important issues for the international oil corporations (hereafter called IOC) who positively participate in this upsurge. Due to the benefit gambling situation between the host government and IOC, adopting any kind of unilaterally favorable contract mode would damage the cooperative relation. Justice and peace of mind are the keys for achieving a win-win circumstance. In this paper, the modes of contract, the difference and similarities of contracts will be analyzed, the new trend of contracts be discussed, and some suggestions for IOC be put forward.",

keywords = "Contract mode, Host government, IOC, Oil cooperative development project, Risk",

author = "Liwei Liu and Erdong Zhao",

year = "2008",

doi = "10.1109/WiCom.2008.2353",

language = "English",

isbn = "9781424421084",

series = "2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008",

booktitle = "2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008",

note = "2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008 ; Conference date: 12-10-2008 Through 14-10-2008",

}

Liu, L & Zhao, E 2008, Research into contract mode in international oil corporations' oil cooperative development projects. in 2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008., 4680542, 2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008, 2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008, Dalian, China, 12/10/08. https://doi.org/10.1109/WiCom.2008.2353

Research into contract mode in international oil corporations' oil cooperative development projects. / Liu, Liwei; Zhao, Erdong.
2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008. 2008. 4680542 (2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - Research into contract mode in international oil corporations' oil cooperative development projects

AU - Liu, Liwei

AU - Zhao, Erdong

PY - 2008

Y1 - 2008

N2 - With the further expansion of economic globalization and a great upsurge in the internationally cooperative development of oil, the beneficial choice of the contract modes and terms of the cooperative development has become one of the most important issues for the international oil corporations (hereafter called IOC) who positively participate in this upsurge. Due to the benefit gambling situation between the host government and IOC, adopting any kind of unilaterally favorable contract mode would damage the cooperative relation. Justice and peace of mind are the keys for achieving a win-win circumstance. In this paper, the modes of contract, the difference and similarities of contracts will be analyzed, the new trend of contracts be discussed, and some suggestions for IOC be put forward.

AB - With the further expansion of economic globalization and a great upsurge in the internationally cooperative development of oil, the beneficial choice of the contract modes and terms of the cooperative development has become one of the most important issues for the international oil corporations (hereafter called IOC) who positively participate in this upsurge. Due to the benefit gambling situation between the host government and IOC, adopting any kind of unilaterally favorable contract mode would damage the cooperative relation. Justice and peace of mind are the keys for achieving a win-win circumstance. In this paper, the modes of contract, the difference and similarities of contracts will be analyzed, the new trend of contracts be discussed, and some suggestions for IOC be put forward.

KW - Contract mode

KW - Host government

KW - IOC

KW - Oil cooperative development project

KW - Risk

UR - https://www.scopus.com/pages/publications/58049094985

U2 - 10.1109/WiCom.2008.2353

DO - 10.1109/WiCom.2008.2353

M3 - Conference contribution

AN - SCOPUS:58049094985

SN - 9781424421084

T3 - 2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008

BT - 2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008

T2 - 2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008

Y2 - 12 October 2008 through 14 October 2008

ER -

Liu L, Zhao E. Research into contract mode in international oil corporations' oil cooperative development projects. In 2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008. 2008. 4680542. (2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008). doi: 10.1109/WiCom.2008.2353

Research into contract mode in international oil corporations' oil cooperative development projects

Abstract

Publication series

Conference

UN SDGs

Keywords

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