Chisholm joined the Anglo-Persian Oil Company in 1928.[1] The Kuwait Oil Company was formed in 1934 and the initial agreement with the Kuwaitis was signed by the Kuwaiti Emir Ahmad Al-Jaber Al-Sabah with the geologist Frank Holmes representing the Gulf Oil Corporation and Chisholm representing the Anglo-Persian Oil Company.[1] Their initial agreement had been reached in December 1933 after Traders Ltd. under George Lloyd, 1st Baron Lloyd and Lord Glenconner, who had been in secret negotiations with the emir, were forced out by the new consortium of Holmes's Gulf Oil and Chisholm's Anglo Persian.[1] Chisholm's request to be transferred to London was denied and he subsequently resigned from Anglo Persian in 1936.[1] In 1975 he published a history of the early days of the Kuwaiti oil industry; The First Kuwait Oil Concession Agreement: A Record of the Negotiations 1911-1934.[2]