Real-time analysis of Cyprus’ embryonic oil and gas industry
Abstract
Purpose
Utilising a substantial volume of reliable international literature, information and positions – as well as many, less credible, local ones – the research analyses and interprets theoretical, secondary and primary data that are specific, relevant or peripheral to the emerging oil and gas industry of Cyprus. The purpose of this paper is to identify and investigate the forces and factors that affect the development of this very new industry; and to integrate them into a single provisional industry forces model.
Design/methodology/approach
This research is purely exploratory and is methodologically based on the review, comparison and interrelation of an extensive array of theoretical and secondary data works; which is reinforced and refined through an injection of primary qualitative work in the form of 20 expert and high-level interviews.
Findings
The research achieves the above-stated aim and further concludes with a schematic industry representation, allowing a comprehensive overview of the industry and additionally depicting some of the key interrelationship categorisations that constitute the key factors in decision-making at all levels.
Originality/value
The value of the research lies in its real-time approach to data gathering and analysis. The research aids in the understanding of the environment components, not simply as individual elements affecting their subject, but as a comprehensive system; demonstrating that it is this exact systemic understanding of the constituent elements that will support and facilitate the proper development of the industry. The research also bears global/generic importance as it provides a rare insight to the issues and complexities of a country having to first deal with the discovery of hydrocarbons in its economic zone.
Keywords
Acknowledgements
Corrigendum: It has come to the attention of the publisher that the article, “Real-time analysis of Cyprus’ embryonic oil and gas industry”, by Alkis Thrassou which appeared in EuroMed Journal of Business, Vol. 11 No. 3, contained large sections of text and figures taken from other works previously published by the author, which were not referenced. The EuroMed Journal of Business author guidelines make it clear that any work previously published or under consideration by another publisher must be clearly referenced. The figures have been removed from the online article, and references have been added. The author sincerely apologises for this error.
Citation
Thrassou, A. (2016), "Real-time analysis of Cyprus’ embryonic oil and gas industry", EuroMed Journal of Business, Vol. 11 No. 3, pp. 376-394. https://doi.org/10.1108/EMJB-11-2015-0055
Publisher
:Emerald Group Publishing Limited
Copyright © 2016, Emerald Group Publishing Limited