SMEs’ Multinationalization by Oil and Gas MNCs within the Business Internationalization Process for De-carbonization, Sustainability, Mutual Cooperation in the Carbon Market and Business Values: An Analytical Approach with a Model

This paper analyzes and presents the possibility of Small and Medium Sized Enterprises (SMEs) Multinationalization by Oil and Gas Multinational Companies (MNCs) for a mutual survival and cooperation within and for the business internationalization process.The research methodology relied on a relevant literature review and analytical approach with a designed model for both types of companies that help them cooperate in the carbon market.The findings shows that SMEs need the help and survival of MNCs to raise and leave the local market tights by entering the internationalization process.Oil and Gas MNCs may merge SMEs in their business internationalization process in their foreign locations by multinationalizing them especially if they are innovative SMEs.In conclusion, the mutual cooperation between them may help them work on the process of internationalization, de-carbonization, sustainable business and business values.