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… 
View on Cambridge Press
cambridge.org
30 Citations
Highly Influential Citations
4
Background Citations
13
Results Citations
1

30 Citations

Citation Type

Citation Type

The Norwegian oil and gas supply industry in hard times: innovation in global supply chains (GLOBOIL)
  • Business
  • 2018
Innovation in the offshore petroleum sector takes place in a complex interplay between oil companies, an increasingly more integrated group of global dominant top suppliers, and a large, often more…
Oil and Industry in Norway and Brazil
  • H. Ryggvik
  • Political Science
    Palgrave Studies in Economic History
  • 2021
When oil fields of some size were discovered in Brazil, they lay in the ocean off the country’s long Atlantic coast. For this reason, when drilling and production accelerated, it tended to be…
ECONOMIC DIVERSIFICATION IN RESOURCE-BASED ECONOMIES: NORWAY EXPERIENCE
The need for economic diversification in oil-rich countries is mainly explained by the following reasons. First, oil returns became seriously concerned by highly volatile and unstable oil prices.…
Diversification and Internationalization in the European Single Market: The British Exception
This article examines the long-run impact of the 1992 completion of the European Single Market on the diversification and internationalization of European business. It does so at a particular moment…
Context and Contingency: Explaining State Ownership in Norway
  • Einar Lie
  • Economics
    Enterprise & Society
  • 2016
At the present time, the Norwegian state owns a large number of business enterprises. The state controls around 35 percent of the total values on the Oslo Stock Exchange, and five of the seven…
The Great Leap Offshore: Sino-Norwegian Relations and Petro-Knowledge Transfers, 1976–1997
China’s reemergence among the world’s leading economic and political powers has been one of the most defining changes in the international order since the end of the Cold War. Underpinning China’s…
The co-evolution of innovation systems and context: Offshore wind in Norway and the Netherlands
Norway: Leading by Example
Unlike other case studies in this book, Norway stands out as the only democratic OECD country committed to transparency and accountability, as is well demonstrated by its high rankings in…
Innovation Begets Innovation and Concentration: The Case of Upstream Oil & Gas in the North Sea
We investigate the e ff ect of technology adoption on competition by leveraging a unique dataset on production, costs, and asset characteristics for North Sea upstream oil & gas companies. Relying on…
Not in transition: Inter-infrastructural governance and the politics of repair in the Norwegian oil and gas offshore industry
...
...

References

SHOWING 1-10 OF 17 REFERENCES
Paying for the Piper: Capital and Labour in Britain's Offshore Oil Industry
Oil, imperialism and the British state - the origins of the crisis problems of union mobilization - the 1970s and 1980s prelude to action the summer of discontent Lord Cullen's Report `a profound…
Transaction Costs and Trade Between Multinational Corporations: A Study of Offshore Oil Production
Lists of Tables, Figures. Author's Preface. 1. Introduction. 2. Measurement Costs, Auctions and the Process of Price Formation. 2. Measurement Costs, Auctions and the Process of Price Formation. 3.…
The Competitive Advantage of Nations.
With the publication of his best-selling books "Competitive Strategy (1980) and "Competitive Advantage (1985), Michael E. Porter of the Harvard Business School established himself as the world's…
Reinventing State Capitalism: Leviathan in Business, Brazil and Beyond
The wave of liberalization that swept world markets in the 1980s and 90s altered the ways that governments manage their economies. Reinventing State Capitalism "analyzes the rise of new species of…
Phases of capitalist development
Until the eighteenth century, most of the world was caught in a Malthusian trap. Population rose about 0.04 per cent a year over the two millenia preceding 1700, and world income no faster. Since…
战略与结构 : 美国工商企业成长的若干篇章=strategy and structure : chapters in the history of the American industrial enterprise
This book shows how the seventy largest corporations in America have dealt with a single economic problem: the effective administration of an expanding business. The author summarizes the history of…
Escaping the resource curse
Foreword, by George SorosAcknowledgments1. Introduction: What Is the Problem with Natural Resource Wealth?, by Macartan Humphreys, Jeffrey D. Sachs, and Joseph E. StiglitzPart I: Dealing with Oil…
Reputation by association : exploring alliance formation and organizational identity adaptation
Reputation by association : exploring alliance formation and organizational identity adaptation
External trade in goods
  • Economics
  • 2010
The Borderless World
...
...