Regulating Offshore Petroleum Resources
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Regulating Offshore Petroleum Resources

The British and Norwegian Models

Edited by Eduardo G. Pereira and Henrik Bjørnebye

Regulating Offshore Petroleum Resources examines the main regulatory characteristics of the Norwegian and the British models for petroleum exploration, production and supply. The authors explore to what extent these models are relevant for the design of regulatory models in countries with significant existing petroleum resources. The applicability of these regulatory models to countries with potential petroleum resources is also assessed.
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Chapter 2: Background: Norway

Erik Jarlsby

Abstract

This chapter describes the societal context in which the system for managing Norway’s petroleum resources developed. Norwegian society is described in terms of its economy, resources and policies. The first significant policy decisions concerning possible Norwegian petroleum resources were made in 1963 and the first discovery was made in 1968. This chapter therefore focuses on the period from the 1960s to the present. Of particular interest for the purposes of this book are the 1960s and 1970s, during which the foundations of Norwegian petroleum policy were laid. The development of Norway’s petroleum sector was facilitated by pre-existing conditions in the country, including a well-developed public administration, an advanced industrial base and a deep pool of human resources with skills that are relevant to petroleum operations.

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