Terra Nova breaks new ground for alliances
Journal Article
·
· Petroleum Engineer International
OSTI ID:392250
This paper reviews the development of alliances to help develop the Terra Nova oil and gas field in the offshore Atlantic areas of Canada. Largely attributed to BP, the strategic alliance concept got its start in the North Sea and on the North Slope of Alaska. BP saw it as the best way to take advantage of economy-of-scale, mitigate risk, and achieve outsourcing goals while retaining their core competencies. This paper reviews the methods of developing the alliances, the developing of a development plan for the Terra Nova field, and how the alliance plans to maximize the profittability of the operation for all involved.
- OSTI ID:
- 392250
- Journal Information:
- Petroleum Engineer International, Vol. 69, Issue 8; Other Information: PBD: Aug 1996
- Country of Publication:
- United States
- Language:
- English
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