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The two companies have a technology-sharing alliance, a pact to cooperate on biofuels development and joint ventures to develop offshore fields.
He is willing to sell property to go into joint ventures to develop his holdings, which include the Marcellus field in the northeast.
In its negotiations with dozens of international companies, including Exxon Mobil and Royal Dutch Shell, Iraq had until now offered stakes of no more than 49percentt in new joint ventures to develop existing and new oil fields.
BAGHDAD — To attract badly needed investments to increase its oil production, the Iraqi government is considering new incentives for foreign companies, including plans to offer majority stakes in joint ventures to develop the country's huge oil and gas fields, senior Iraqi officials said Wednesday.
PAGE A8 IRAQ WEIGHS OIL AND GAS INCENTIVES To encourage a badly needed increase in its oil production, the Iraqi government is considering new incentives for foreign companies, including majority stakes in joint ventures, to develop the country's huge oil and gas fields, Iraqi officials said.
DaimlerChrysler, the maker of Mercedes, and the Ford Motor Company were so impressed by the Ballard product that they bought roughly half the company and set up joint ventures to develop a whole engine and transmission system based around the Ballard core.
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A 90-minute flight away from those 35 hectares, in San Francisco, China's biggest property developer has formed a joint venture to develop two high-rise condominium towers that are likely to draw wealthy Chinese buyers.
Foreign companies can set up subsidiaries or joint-ventures to develop property, provided that their money is locked in for three years and that plots are of at least a minimum size.Locals have also joined in.
And in July, General Motors and Honda announced a joint venture to develop hydrogen fuel-cell vehicles.
Clorox and Procter & Gamble said yesterday that they planned a joint venture to develop more products for Glad bags, wraps and containers.
Then, in 2010, B.S.G.R. announced that it was forming a joint venture to develop the ore — with Vale.
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