Watching the World: An arranged marriage

12/10/2001
The recent drama involving Kvaerner AS, at 148 one of Norway's oldest and proudest companies, and OAO Yukos, Russia's second largest oil company and an aggressive and acquisitive newcomer, unfolded like a play by the greatest Norwegian dramatist, Henrik Ibsen.The main players were sober, straight-faced bankers examining the books of a company that was facing a financial crisis. The supporting cast was the 138,000 Kvaerner employees, anguishing over their future but in a nonspeaking role.The script indicated that a marriage would take place-a marriage of convenience, as Yukos was a suitor because it needed Kvaerner's expertise and had the money necessary to enter Norwegian soci...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected