ExxonMobil seen as top player in Caspian Sea region

03/13/2000
ExxonMobil Corp. has taken a leading position among players in the Caspian Sea region.The merger of the two giant oil companies has resulted in a company with the biggest position in exploration acreage in three key Caspian countries, says Wood Mackenzie Consultants Ltd., Edinburgh. The analyst attributes this ascent to the strategic fit of the companies and few areas of overlap in Azerbaijan, Kazakhstan, and Turkmenistan."ExxonMobil has been propelled into the league of top players in Kazakhstan, with a balanced portfolio of exploration, production, and pipeline interests. This resulted from Mobil's exceptionally strong position in Kazakhstan's key projects, namely Tengizchevroil...
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