managing : an and development eastern...
TRANSCRIPT
MANAGING PETROLEUM BUSINESS: AN OVERVIEW TO OIL AND GAS EXPLORATION
AND DEVELOPMENT IN THE EASTERN MEDITERRANEAN
Dr. Konstantinos Lagos
www.linkedin.com/in/konstantinos-lagos-
31453350
Email: [email protected]
PhD in Economics – Research focus on the
International Expansion of Multinational
Enterprises.
Senior Lecturer in International Business and
Economics - Sheffield Business School –
Sheffield Hallam University.
Dr. Khaled Kesseba
www.linkedin.com/in/drkhaledkesseba
Email: [email protected]
Doctorate in Business Administration: Managing
Non-Equity Joint Ventures in the Oil& Gas
Sector
15+ years of International Oil & Gas business
experience in various senior roles.
“FIVE COUNTRIES IN THE EASTERN MEDITERRANEAN ARE SHAKING UP
EUROPE’S ENERGY MAP”
https://theconversation.com/five-countries-in-the-eastern-
mediterranean-are-shaking-up-europes-energy-map-119619
EastMed Geo-political map – The main players Cyprus
Turkey
Greece
Israel
Egypt
Russia
Managing Petroleum Business in the region
i. Contracts
ii. Inside the public-Private arrangements
iii. Management Model
CYPRUS EEZ AND LICENSE BLOCKS
CYPRUS EEZ AND LICENSE BLOCKS
TURKEY’S VS CYPRIOT’S EEZ CLAIMS
POTENTIAL EXPORT ROUTES FOR EAST MED GAS
EEZ - Types of Petroleum Contracts
IOC (Private co.) IOC (Private co.) IOC (Private co.)
IOC (Private co.) IOC (Private co.) IOC (Private co.)
IOC (Private co.)
NOC (State) (NOC & IOC) Shared
IOC (Private co.)
NOC (State)
NOC (State)
Adapted from Hassan Harraz 2016
Inside the Petroleum Non-equity JV
Government
(NOC - Parent Firm)
Investor
(IOC - Parent Firm)
General Manager & MD
Exploration Manager
Operations manager
Finance Manager
Chairman & MD
Exploration Manager
Operations manager
Finance Manager
The
Join
t O
per
atin
g
Co
. Th
e Join
t Op
erating
Co
.
Staff (300 or more)
The dimensions of Managing the Petroleum Non-equity JV
State
(NOC)
Investor
(IOC) Dimension - 1
Dimension - 2 IOC
Partner Reps
Dimension - 3 JV employees
NOC
Partner Reps
Parent
Firm Level
JV Mgmt.
Level
Employees
Level
Management Model
The factors
influencing
performance
management of
petroleum
“Non-Equity”
joint ventures
The External Environment
“The Organisational Perspective”
Host Country Environment
Ind
ust
ry E
nvi
ron
men
t
Ove
rall Satisfaction
w, JV
- Leadership Factors
- Reporting Factors
- Staff Factors
The Managerial
Perspective
The Internal Environment
Parent-Rep Factors
(Investor-Partner)
Inter-Partner Factors
Parent-Rep Factors
(Government - Partner)
The Operational Perspective
Kesseba, K. T. (2018). Factors Influencing Performance Management of Non-Equity Joint Ventures in the Oil Sector. Sheffield Hallam University, Sheffield, United Kingdom.
Thank you
Any Questions?