Tags Posts tagged with "IOC"

IOC

Bidding for the Olympics isn’t all that different to the deal-making process. Olympic officials must evaluate each city's offering, just like an M&A deal.

Historically, national oil companies (NOCs) teamed up with international oil companies (IOCs), offering them production sharing in exchange for technological expertise. But China's national oil companies have a new approach, one that sees them fiercely competing on the global oil and gas stage.