Decision Through Optimism: The North Peruvian Pipeline.
AIR FORCE INST OF TECH WRIGHT-PATTERSON AFB OH
Pagination or Media Count:
In the early 1970s the Peruvians struck oil in their Amazon region. The state oil company, PETROPERU, and the Occidental Petroleum Company Oxy sought to exploit their finds in this remote area. While PETROPERUs and Oxys areas displayed immediate promise, they both required a pipeline to transport the crude from the fields to port. Before Oxys fields had developed to the point of needing a pipeline, PETROPERU decided to build the pipeline on their own. The most significant factors for PETROPERUs decision were economic pressures a suitable advanced technology that would effectively reduce selva exploration and exploitation costs and a new contract philosophy that embodied the revolutionary governments approach to dealing with multinational corporations. Another factor, optimism, is more intangible, but influenced the decision strongly. This paper discusses the need for, construction of, and results of building the Northern Peru Oil Pipeline.
- Manufacturing and Industrial Engineering and Control of Production Systems
- Pumps, Filters, Pipes, Tubing, Fittings and Valves