The British and Norwegian Models
Edited by Eduardo G. Pereira and Henrik Bjørnebye
The discovery of huge deposits of petroleum in the North Sea in the late 1960s and early 1970s came at a fortunate time for both Norway and the UK. Both countries were by then well-organized parliamentary democracies based on the rule of law, with well-educated work forces and advanced economies. In other words, both countries were in a good position to start petroleum development around 1970. Consequently, as emphasized by Erik Jarlsby in chapter 2, one factor that should not be underestimated as a contributor to success in North Sea petroleum development is that of sheer luck. As he points out, not only were huge petroleum deposits discovered on the Norwegian Continental Shelf, they were also discovered at the right moment.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.