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={H. Ryggvik}, journal={Business History Review}, year={2015}, volume={89}, pages={3 - 41} }
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… Expand
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