StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Investment in Libyan Oil Industry - Case Study Example

Cite this document
Summary
The consistently increasing oil prices over the past couple of years owing to a range of factors, changing geo political circumstances, globalisation policies etc. has made the oil sector a favourite one amongst newspapers and electronic media. Different types of analysis are being presented as speculations are being made how soon oil prices will reach $200 per barrel…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.4% of users find it useful
Investment in Libyan Oil Industry
Read Text Preview

Extract of sample "Investment in Libyan Oil Industry"

Download file to see previous pages

But owing to reforms being undertaken in the country and improvement in relations with other nations, opportunities are now being explored to take up investments in the country and take advantage of the emerging situation. Libya on its part appears to be making all the right moves. Colonel Qaddafi too has expressed his opinion in favour of reforms together with the vision of applied socialism and popular democracy. Multinational companies and foreign institutional investors (FIIs) are now being given encouraging signals to invest in the country.

Prime Minister Shukri Ghanem, supported by Seif al-Islam, the son of Col Qaddafi has started the reforms process. The ban put on the imports of Libyan oil and some exports to Libya in 1982 by some nations has also been subsumed in the emerging scenario. Libya has the largest reserve of crude oil, but despite such a great wealth and a population of just about 6 Million the country could not progress much during all these years (The Economist, 2007). With the improvement in geo-political equations and a conducive atmosphere for investments, the oil sector seems to have become quite attractive in Libya.

The main intention of the study is to develop a better understanding of the manner in which Libya has charted the reform course for itself in the past and the investment opportunities being presented to the world. The oil is sector is one which offers huge opportunities from a long term perspective. During the study an effort would be made to analyse the process of reform in Libya. In addition some of the major oil companies will also be analysed to explore how these companies are preparing themselves to take on the global players.

In particular the study will try to seek answers to the following key objectives. To analyze the economic condition of Libya and how the sanctions have impacted the economic condition of the country.To study the oil industry of the country and the levels of competition amongst the oil companies.Determine the factors assisting the upward movement of Libyan economy in the rect past. To identify the behavioural patterns of some of the oil majors, investment bankers, etc. During the course of the study efforts would be made to evaluate how these investors respond to the introduction of economic reforms and how the oil industry in general is being affected by these reforms.

Analyze some of the fast developing economies and compare their growth vis--vis the economy of a country like Libya. This will be an effort to point out some areas which require attention in order to open up the investments on a larger scale.Oil exploration is more of a technical field requiring skilled workers and managers. During the study an effort would be made to study the HR scenario in the country in general for taking up the challenge of increased activities in the fields of oil exploration etc.

Scope of the ReportScope and context of this study will include;1. Analysis of an overall picture of the Libyan economy and its oil industry particularly after the new regime has come into effect2. Analysis of some of the major oil companies in Libya.3. Growing curiosity about the Libyan market and the interest of many

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Investment in Libyan Oil Industry Case Study Example | Topics and Well Written Essays - 1000 words”, n.d.)
Investment in Libyan Oil Industry Case Study Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/business/1533957-investment-in-libyan-oil-industry
(Investment in Libyan Oil Industry Case Study Example | Topics and Well Written Essays - 1000 Words)
Investment in Libyan Oil Industry Case Study Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/business/1533957-investment-in-libyan-oil-industry.
“Investment in Libyan Oil Industry Case Study Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/business/1533957-investment-in-libyan-oil-industry.
  • Cited: 0 times

CHECK THESE SAMPLES OF Investment in Libyan Oil Industry

Western Funds Are Said to Have Managed Libyan Money Poorly by David Rohde

Introduction The article “Western Funds Are Said to Have Managed Libyan Money Poorly” by David Rohde aims at identifying the results of managing funds into libyan oil industry and its effect for a host of investors from the United States and Europe.... billion) “generated returns far below the industry benchmark”... One of them is, as was aforementioned, banking secrecy laws and extrapolation of different funds throughout the oil sectors in the Middle East....
6 Pages (1500 words) Essay

Country Analysis (Libya) for international business class

Even after change of regime, Gaddafi still wields power as the de facto leader of the oil rich North African nation.... Some of these factors include government interference like price controls, practices in oil products trade, bans and restrictions, subsidies, competition from state owned corporations, sanctions and arbitrary and other unexplained charges.... The libyan government has signed treaties on intellectual property rights but the implementation of the contents in Libya is wanting....
4 Pages (1000 words) Essay

US Foreign Policy and the Issue of Democracy in the Middle East

Before Gaddafi there was little if any public services in any but the largest of coastal cities, agriculture was weak, and the oil industry was practically undeveloped.... The war hawks of the libyan intervention would be quick to point out the prison uprising that was brutally repressed by Gadaffi's troops back in 2004 as evidence to the contrary; however, from Libya's perspective, they could easily point to Hurricane Katrina, the LA Riots, and a host of other government mishandling and mishaps to show an equally clueless government that was ineffective in meeting the needs of its populace or handling crises in an even handed manner....
3 Pages (750 words) Essay

Libya: Country Briefing

This brief analysis  will consider the case of Libya approximately 1 year after the death of longtime leader Muammar Gaddafi and the end of the libyan Civil War that lasted from February of 2011 to October of 2011.... This history of course must be juxtaposed with the fact that after the libyan Civil War, which concluded upon the death of Gaddafi near the end of October 2011, a form of representative parliament with an elected prime minister now exists.... Such a delineation of the rules associated with property ownership has meant that the libyan nation has become infinitely more open to investment and business....
8 Pages (2000 words) Essay

The contribution of the construction industry to economic development in Libya

The construction industry has a major and inherent role contributing to a sizeable portion of the national Gross Domestic Prouct (GDP) of both developed and developing countries (Ganesan 2000, Crosthwaite, 2000).... Lowe (2003) has already argued about the significant range… According to him this contribution in terms of value added varies between 7% to 10% in the context of developed economies and between 3% to 6% for the developing and undeveloped economies Such estimates signifying the role of construction industry in the national economies, especially in the context of developing economies, could rise further as these figures do not include the informal sectors....
12 Pages (3000 words) Essay

Culture and its Effect on Communication

A similarity that is imminent in both advertisements from companies in my country of origin and Waha oil Company is the use of culture to determine eligibility of any person for a particular position.... Selection of the appropriate candidate and rejection of another candidate on one employment opportunity may be dependent on who can ‘fit' well in the organizational culture....
12 Pages (3000 words) Essay

International Management in North Africa

This paper considers three international/ multinational companies and explains how the recent popular uprisings in North Africa has affected each of the company's business.... The paper ends with drawing on general and specific lessons out of the case study for management today.... nbsp;… Owens Illinois Inc is one of the Fortune 500 Company which specializes in the container glass products....
11 Pages (2750 words) Research Paper

Western Funds in Lybia

The paper "Western Funds in Lybia" focuses its attention on the article of “Western Funds Are Said to Have Managed libyan Money Poorly” by David Rohde.... He observes the main features regarding investment procedures for the last three years of libyan participation with the US and European countries (the UK, France, the Netherlands, etc.... It makes the whole talk on the libyan issue more or less weighed in different facts and arguments coming from a host of sources despite of banking secrecy laws....
6 Pages (1500 words) Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us