Word: consortia
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Dates: during 1958-1958
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...Priming himself with a civil engineering degree at London's King's College, Calouste visited the Baku oilfields in 1888, and in his 20th year wrote an authoritative book on the Baku petroleum industry. It was the overture to decades of what Gulbenkian called "orchestrations" -concessions, mergers, consortia, nervy negotiations, adamantine patience. The conclusion consisted of the words "to C. S. Gulbenkian ... in perpetuity, 5%" of the Iraq Petroleum...