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Search for oil in developing countries : a problem of scarce resources and its implications for state and private enterprise (anglais)

The problems of oil exploration in developing countries are discussed in this report. These include risks of exploration, importance of experienced personnel, technical competence, financial requirements, and continuing cash deficits, which must be expected as operations are built. The report also discusses countries with government monopoly where all problems of oil development must be handled by the State oil entity, and countries where private...
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