Optimization of Exploration and Production Sharing Agreements Using the Maxi-Min and Nash Solutions
Cooperation between supply chain partners in the oil industry is essential, especially when oil prices suffer from fluctuations that affect the profitability of each party. An essential task in oil field development projects is to create an optimum agreement between the national oil company and the...
Main Authors: | Saad Balhasan, Mohammed Alnahhal, Shahrul Shawan, Bashir Salah, Waqas Saleem, Mosab I. Tabash |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2022-11-01
|
Series: | Energies |
Subjects: | |
Online Access: | https://www.mdpi.com/1996-1073/15/23/8970 |
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