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A bad move when that property is not really yours. OPEC was a fairly useless organization during its first decade, though the late 1960s saw research the beginning of the lengthy nationalization struggle between governments and private oil companies – a struggle the governments all "won" by the late 1970s. By creating huge national oil companies to manage that resource, oil producing governments would eventually discover how complicated and expensive effectively managing that resource really is. Only one of OPEC's big state-owned oil companies is involved extensively in exploration and production outside their research home countries (Algeria's Sonatrach is heavily involved research in liquefied natural gas projects across the Americas). All of them need the technological expertise of the majors, whether it's Qatar Petroleum's joint venture with ExxonMobil to expand the RasGas and QatarGas liquefied natural gas terminals, Aramco's joint venture with Sinopec and Rosneft to develop natural gas in the Empty Quarter, or Shell and ChevronTexaco's extensive involvement in developing the tar sands deposits of Venezuela's Orinoco Belt.
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