But the risks involved for Sinopec, Repsol and Statoil as join venture partners, are enormous.
The group recently sold off a 30% stake in one of its Greenland exploration licences to Norwegian group Statoil as part of a plan to bring in a partner to share the costs of exploration in the Arctic.
Moral and Political Cover : When leading global companies such as Statoil partner with terrorist-sponsoring states, it sends a clear message to these governments: Sponsoring terrorism is fine as long as our company makes a profit.
The plant is run by Algeria's state oil company, in cooperation with foreign firms such as Norway's Statoil and Britain's BP -- and as such, employed workers from several foreign countries.
The plant in eastern Algeria is run by the state oil company, in cooperation with foreign firms such as Norway's Statoil and Britain's BP -- and as such, employed workers from several foreign countries.
The targeted gas facility is run by Algeria's state oil company, in cooperation with foreign firms such as Norway's Statoil and Britain's BP.
The high profile player is Anadarko, but others such as ENI, Petronas and Statoil are also active.
FORBES: Producing Gas and Protecting Biodiversity in Mozambique
His agenda called for a Bolivar Revolution of nationalization of key industries in energy, steel, food products, and finance, including takeovers of foreign assets of international companies, such as of Conoco Phillips, Statoil, Holcim, and Cargill.
FORBES: Hugo Chavez Leaves The Soft-Dictator's Oil Curse As His Legacy
Nine Norwegian employees of Statoil were unaccounted for, while five Norwegian nationals -- as well as three Algerians -- who work for the company were safe, the company said in a statement.
The firm, partly funded by Statoil, Norway's energy giant, estimates that each will cost about as much as a fixed-base turbine placed in 30 or 40 metres of water.
The In Amenas field is operated as a joint-venture between Algeria's Sonatrach, Norwegian operator Statoil and UK energy giant BP.
应用推荐