Responsibility and authority in management of overseas upstream investment and application for Petrovietnam

  • Nguyen Thi Lan Anh
  • Ngo Thi Mai Hanh
  • Hoang Manh Anh
  • Nham Phong Tuan
Keywords: -


Overseas upstream investment has been executed by oil companies for many years. To ensure that the investment operations comply with local regulations as well as international petroleum practices and resources are deployed and utilised most effectively, international upstream companies have chosen and applied various models of internal management. This paper discusses ‘‘responsibility and authority’’ within a management model and compares Petrovietnam’s overseas investments with other oil companies. From an analysis of the management models of
Talisman, JX NOEX, Premier Oil, Idemitsu Oil & Gas Co. Ltd, Petronas, Chevron, ONGC, Mitra Energy, BP, Santos and Petrovietnam, the authors evaluate the issue of responsibility and authority in the management of overseas upstream investments of oil companies and make some recommendations for Petrovietnam.


AA.R.Galbraith et al. Designing your organisation using the star model to solve 5 critical design challenges. John Wiley & Sons, Inc. 2007.

J.B.Cullen et al. International business geography: Case studies of corporate firms. Routledge, Taylor & Francis Group. 2011.

J.I.Considine and W.A.Kerr. The Russian oil economy. Edward Elgar Publishing Limited. 2002.

J.B.Cullen et al. International business: Strategy and the multinational company. Routledge Taylor & Francis Group. 2009.

S.Tord et al. National oil companies and value creation. The World Bank. 2011.

S.P.Robbins et al. Fundamentals of management.Prentice-Hall. New Jersey. 2011.

T.Falola et al. The politics of the global oil industry. Greenwood Publishing Group, Inc. 2005.

V.Marcel. Oil titans: National oil companies in the middle East. Brookings Institution Press. 2006.

Nguyễn Thị Lan Anh và nnk. Nghiên cứu mô hình tổ chức quản lý hoạt động đầu tư ra nước ngoài trong lĩnh vực thượng nguồn của các công ty dầu khí trên thế giới và khả năng áp dụng đối với Petrovietnam. Viện Dầu khí Việt Nam. 2013.

How to Cite
Anh, N. T. L., Hanh, N. T. M., Anh, H. M., & Tuan, N. P. (2013). Responsibility and authority in management of overseas upstream investment and application for Petrovietnam. Petrovietnam Journal, 7, 48-5. Retrieved from