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Article: Conoco builds new relationships with NOCs.(national oil companies)(ConocoPhillips)
- Article from:
- The Oil Daily
- Article date:
- June 12, 2007
- Author:
CopyrightCOPYRIGHT 2007 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ConocoPhillips is working "to build a new model for relationships between international oil companies (IOCs) and national oil companies (NOCs)" that can address "resource-access issues," Conoco Chief Executive Jim Mulva said Monday.
"Access has become a big issue for our company and other international oil companies, as the availability of exploration acreage is not what it was 10 or 20 years ago, plus there is increased competition from the large international oil companies, the independents and also from the national oil companies," Mulva told Oil Daily in an interview in Kuala Lumpur. "Access issues and increased competition are going to become more and more ...