International Environmental Issues and Strategies
James D. Murphy, Stuart C. Williams, 2000. "International Environmental Issues and Strategies", International Oil and Gas Ventures: A Business Perspective, George E. Kronman, Don B. Felio, Thomas E. O’Connor, Mindy S. Kronman
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A proactive, enlightened environmental strategy is a fundamental business necessity in the international oil and gas exploration and production arena. In this chapter, a panel of industry executives has observed that environmental risk management is a key “needed to play” rather than “needed to win” issue. All aspects of successful international participation require keen attention to environmental detail. Multi-disciplinary environmental teams including local participants are central to the design and implementation of successful, comprehensive environmental risk strategies. These teams are often faced with a bewildering array of complex political, geographical, cultural, and socioeconomic issues which need to be successfully incorporated into their strategies. Along with these issues, this chapter presents many other essential considerations, including basic business and economic concerns, environmental risk management strategies, international environmental treaties, conventions, and agreements, negotiation strategies, staffing considerations, and environmental performance measurement guidelines.
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A “one-stop” business view on how to succeed in international exploration and production. Success in the international upstream arena requires more than the technical ability to find oil and gas. Relationships with governments and people, mutually beneficial contracts, workable strategies, and implementation plans are necessary to build strong, mutually beneficial, and profitable ventures. Key components that drive exploration and production in the global environment are examined. Specific topics include negotiating for success, contracts, the role of technology in international strategies, cross-cultural relationships, alliances, and international upstream financing. Authors from around the world, representing industry, governments, national oil companies, consultants, and academia, contributed their perspectives. Views are provided from both sides of the negotiating table, the corporate boardroom, the resident manager, the explorationist, the businessman, and the theoretician. Geoscientists, engineers, and negotiators, who are, or would like to be, involved in the global energy business will find this collection an important reference.