Factors Influencing Performance Management of Non-Equity Joint Ventures in the Oil Sector

The main aim of this thesis is to identify the factors influencing performance management of petroleum joint ventures in Egypt. As such, the purpose is to explain how an operating joint venture, in the petroleum industry in Egypt, can be managed to enhance its performance. The findings of the thesis aim to suggest a practical model that incorporates the factors that influence the performance of the Egyptian petroleum joint ventures from the perspective of the partners. This study explores the dyadic partnership, in Egyptian petroleum joint ventures, between the government of the host country and the investor. A qualitative inductive approach was used to gather empirical data through in-depth semi-structured interviews with Senior Executives in this field of business. A purposive sampling technique and a thematic analytical procedure were used for data collection and analysis respectively. The thematic analytical procedure was implemented using the template analysis style. The analysis of the data produced eight overarching themes which represent the factors influencing performance management of petroleum joint ventures in Egypt. These eight themes were grouped into three main perspectives: The Managerial Perspective, The Operational Perspective, and The Organisational Perspective. The main output from the present research is a practice-based model of the factors influencing the performance of petroleum joint ventures in the Egyptian context. The model is developed to embrace the internal and external environments of the joint venture. Additionally, the model includes elements which can help executive managers and business practitioners in the petroleum sector to review and monitor the performance of their joint ventures to ensure an effective management of the partnership. Overall, the research contributes to academic knowledge in the field of joint ventures' performance, and international business, by adding the context of the petroleum joint ventures in Egypt.