Abstract

Current exploration for oil is being conducted by governments, major integrated oil companies, independent oil companies and syndicates, all of whom have different interests. The interdependence of the various aspects of exploration, production, transportation, refining and consumption within the oil industry is obvious; but the interdependence of the producing, transit, refining, and consuming countries has only recently been realized by the world. Within the exploration branch of the oil industry the mutual dependence of geological and geophysical methods has become generally accepted over the past thirty years. Good early training and collaboration along the whole chain of exploration can solve many industrial problems, and education can solve the world-wide problems between countries.

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