An eventual legal fight is possible, particularly as the actions will be seen as outright nationalisations rather than revisions of existing joint-venture contracts, as was the case with the oil companies.
No sooner had ExxonMobil and ConocoPhillips pitched up, than El Presidente shifted the goal posts, converting pre-existing contracts into joint ventures, with PDVSA taking a 60% stake.
This involves looking at all of the contracts related to joint operating agreements, areas of mutual interest, preferential rights to purchase assets, cash calls, tax partnerships, gas balancing agreements, and more.
Obviously, the United States should disallow the signing of any binding contracts on Chevron's joint venture until such U.S. and alliance-wide reviews are completed and reported in detail to Congress.
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After acquiring British pipeline products company Wellstream Monday, and announcing a deal to supply generators for oil and gas fields to Saudi Aramco Tuesday, the conglomerate's nuclear energy joint venture is looking to secure atomic power contracts with Saudi Arabia's government.
Beijing is expected to launch a joint bid with France's EDF for South African contracts.
Collage is now in use at the National Association of Securities Dealers, the U.S. Joint Forces Command and the U.S. Defense Contracts Management Agency.
The company's revenue comes from joint ventures, licensing, research-and-development contracts and manufacturing.
Specifically, flexible contracts, transaction-specific investments, bilateral communication, joint goal setting and problem solving have all been shown to be important tools in building inter-organizational (including inter-departmental) trust.
Here, the NFL renegotiated the broadcast contracts to benefit its exclusive interest at the expense of, and contrary to, the joint interests of the NFL and the Players.
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Daniel Roderick, senior vice president of GE Hitachi Nuclear Energy, a joint venture between General Electric and Japan's Hitachi, told Bloomberg the company is looking to secure contracts to deliver reactor technology, nuclear services, and nuclear fuel cycle services to Saudi Arabia.
Several programs including ODIN (Outsourcing Desktop Initiative for NASA), the U.K. Census and JTRS (Joint Tactical Radio System) were completed in the previous quarters, and the company was unable to replace these with contracts of equivalent value.
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