Middle East Oil Developments.

£650 · Offered by Maggs Bros Ltd

A remarkable visual overview of Middle Eastern oil, with infographics showing geology, oil fields, well spacing and concessions. The first version of the publication was issued under the title Summary of Middle East Oil Developments in 1947. This, the third edition, was issued at the start of 1952, to illustrate the most recent oil industry data. The text is based upon a paper by James Terry Duce, then V.P. of Aramco, which was read before the Thirty-first Annual Meeting of the American Petroleum Institute in Chicago on November 7, 1951. Jarred by the nationalisation of the Iranian oil industry, Duce attempts to describe the changing political dynamics of the region and corresponding shocks to oil movements and markets across the world. The infographics display a shift of focus toward the Arabian Peninsula, highlighting rapid growth in Saudi and Kuwaiti production and the establishment of new concessions in the Gulf.

• Binding: Hardcover

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