A Short History of the Norwegian Oil Industry: From Protected National Champions to Internationally Competitive Multinationals

@article{Ryggvik2015ASH,
  title={A Short History of the Norwegian Oil Industry: From Protected National Champions to Internationally Competitive Multinationals},
  author={Helge Ryggvik},
  journal={Business History Review},
  year={2015},
  volume={89},
  pages={3 - 41}
}
  • H. Ryggvik
  • Published 1 March 2015
  • Business
  • Business History Review
This study explores how Norway, as a latecomer to oil production, was able to develop both effective oil companies and an internationally competitive oil service industry. The article focuses on two rather distinct phases: the protectionist phase, in which a strong focus on local content fostered skilled Norwegian oil companies as well as a national oil service industry, and the phase of liberalization or financialization, where new forms of contact and openness to foreign ownership laid the… 
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