Download or read book Trillion Dollar Baby written by Paul Cleary and published by Biteback Publishing. This book was released on 2016-09-02 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: For most of its history, the remote and near-Arctic nation of Norway has eked out a marginal existence from fishing, forestry and shipping. That is, until Christmas Eve 1969, when oil was discovered off its southern coast. Rather than squandering the profits (as the UK did with its North Sea oil), when the revenue began flowing, Norway put in place the most robust and visionary framework for extracting maximum benefit from non-renewable resources found anywhere in the world. Less than twenty years after the country began investing in what is now called the Government Pension Fund, Norway has the largest sovereign wealth fund in the world, with assets of US$870 billion. What's more, the fund is on track to hit the US$1 trillion mark by 2020. Not only is every Norwegian now a (krone) millionaire and enjoying the highest standard of living in the world, they will be able to hand down this endowment to their children and grandchildren. Norway's savings strategy means that it has taken a non-renewable resource and turned it into a financial asset that can last long after the oil wealth has been completely exhausted. This is the story of how they did it.
Download or read book Norwegian Oil History written by Torbjørn Kindingstad and published by . This book was released on 2002 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book History of the European Oil and Gas Industry written by J. Craig and published by Geological Society of London. This book was released on 2018 with total page 471 pages. Available in PDF, EPUB and Kindle. Book excerpt: The history of the European oil and gas industry reflects local as well as global political events, economic constraints and the personal endeavours of individual petroleum geoscientists as much as it does the development of technologies and the underlying geology of the region. The first commercial oil wells in Europe were drilled in Poland in 1853, Romania in 1857, Germany in 1859 and Italy in 1860. The 23 papers in this volume focus on the history and heritage of the oil and gas industry in the key European oil-producing countries from the earliest onshore drilling to its development into the modern industry that we know today. The contributors chronicle the main events and some of the major players that shaped the industry in Europe. The volume also marks several important anniversaries, including 150 years of oil exploration in Poland and Romania, the centenary of the drilling of the first oil well in the UK and 50 years of oil production from onshore Spain.
Download or read book Digital Oil written by Eric Monteiro and published by MIT Press. This book was released on 2022-11-08 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: How is digitalization of the offshore oil industry fundamentally changing how we understand work and ways of knowing? Digitalization sits at the forefront of public and academic conversation today, calling into question how we work and how we know. In Digital Oil, Eric Monteiro uses the Norwegian offshore oil and gas industry as a lens to investigate the effects of digitalization on embodied labor, and in doing so shows how our use of new digital technology transforms work and knowing. For years, roughnecks have performed the dangerous and unwieldy work of extracting the oil that lies three miles below the seabed along the Norwegian Continental Shelf. Today, the Norwegian oil industry is largely digital, operated by sensors and driven by data. Digital representations of physical processes inform work practices and decision-making with remotely operated, unmanned deep-sea facilities. Drawing on two decades of in-depth interviews, observations, news clips, and studies of this industry, Eric Monteiro dismantles the divide between the virtual and the physical in Digital Oil. What is gained or lost when objects and processes become algorithmic phenomena with the digital inferred from the physical? How can data-driven work practices and operational decision-making approximate qualitative interpretation, professional judgement, and evaluation? How are emergent digital platforms and infrastructures, as machineries of knowing, enabling digitalization? In answering these questions Monteiro offers a novel analysis of digitalization as an effort to press the limits of quantification of the qualitative.
Download or read book History of Norway written by John Yilek and published by . This book was released on 2018 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on exhaustive research, History of Norway is a clear, informative and entertaining description of Norway's history from the earliest cultures of the Stone Age to today's oil and gas economy. Along the way, there are fascinating stories of Vikings, the Sami, kings and queens, farmers and fishermen, merchants and miners, the Black Death, the Hanseatic merchants, the Reformation, independence, emigration from Norway to America, polar explorers, the Nazi invasion and the Norwegian resistance in World War II, and much more "John Yilek's History of Norway presents a clear, fast-moving, and sharply focused story of Norway from its beginnings to the present day." --Odell M. Bjerkness, Professor Emeritus, Concordia College, Moorhead, author of several books about Norway
Download or read book The Oil Industry and Government Strategy in the North Sea written by Oystein Noreng and published by Routledge. This book was released on 2016-03-02 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1980, this book presents a comparative analysis of British and Norwegian oil policies, focusing on the interdependence and bargaining relationship between governments and oil companies, as well as the policy choices, concerns and constraints for the two governments. The perspective is largely that of a government planner, whose main concerns are the long-term and complex interests of the state, orderly development as well as social and political stability.
Download or read book Public Brainpower written by Indra Overland and published by Springer. This book was released on 2017-10-26 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses how civil society, public debate and freedom of speech affect the management of natural resources. Drawing on the work of Robert Dahl, Jürgen Habermas and Robert Putnam, the book introduces the concept of public brainpower. Good governance of natural resources requires fertile public debate – to conceive new institutions, to provide checks and balances on existing institutions and to ensure their continuous dynamic evolution as the needs of society change. The book explores the strengths and weaknesses of these ideas through case studies of 18 oil and gas-producing countries: Algeria, Angola, Azerbaijan, Canada, Colombia, Egypt, Iraq, Kazakhstan, Libya, the Netherlands, Nigeria, Norway, Qatar, Russia, Saudi Arabia, the UAE, the UK and Venezuela. The concluding chapter presents 10 tenets on how states can maximize their public brainpower, as well as a ranking of how well 33 resource-rich countries have succeeded in doing so. Four of the chapters – ‘Introduction’, ‘Norway’, ‘Kazakhstan’ and ‘Russia’ – are available under a CC BY 4.0 Open Access license at link.springer.com.
Download or read book Working for Oil written by Touraj Atabaki and published by Springer. This book was released on 2018-01-21 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the social history of oil workers and investigates how labor relations have shaped the global oil industry during the twentieth century and today. It brings together the work of scholars from a range of disciplines, approaching the social, political, economic and cultural dimensions of oil. The contributors analyze a number of key oil producing regions, including the Americas, the Middle East, Central Asia, the Caucasus, Europe and Africa.
Download or read book The Norwegian Exception written by Mathilde Fasting and published by Hurst Publishers. This book was released on 2021-09-15 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: How did Norway become a highly successful liberal democracy? Will its prosperity and stability last, or has modern history been an exception? Is the Norwegian experience based on luck, or has a part been played by clever politicians and sound institutions, including a well-functioning rule of law? How does Norway combine social democracy with a market economy, and extensive foreign trade? Since the 1970s, Norway has become an oil-producing giant in Northern Europe–how can that role be reconciled with the realities of climate change, and increasing awareness of that crisis? This highly engaging book introduces Norwegian political and economic history to a broad audience, offering a deeper understanding of a country always looked upon with great interest, but perhaps not profoundly understood. The Norwegian Exception? takes the reader back through 200 years of state-building to explain Norway’s current position as a top- ranking nation, and to consider its chances of keeping that status in the twenty-first century. In particular, it unpacks how Norwegian politics and governance have shaped the country’s world-famous oil fund and unique relationship with the European Union. Leading historians Mathilde Fasting and Oystein Sorensen skilfully draw back the curtain on the inner workings of the Norwegian ‘utopia’.
Download or read book Oil and Gas Production Handbook An Introduction to Oil and Gas Production written by Havard Devold and published by Lulu.com. This book was released on 2013 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Historical Dictionary of Norway written by Terje Leiren and published by Rowman & Littlefield. This book was released on 2019-10-08 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Norway has a thousand year history from the Vikings (750-1100) to modern times. Historically, a poor country on Europe’s periphery, its natural resources and hardy people have established a successful modern welfare state. Norway has exploited its natural resources of fish, water, oil, and gas to become one of Europe’s most successful small states. This second edition of I contains a chronology, an introduction, and an extensive bibliography. The dictionary section has over 300 cross-referenced entries on important personalities, politics, economy, foreign relations, religion, and culture. This book is an excellent resource for students, researchers, and anyone wanting to know more about Norway.
Download or read book Machineries of Oil written by Katayoun Shafiee and published by MIT Press. This book was released on 2023-08-15 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emergence of the international oil corporation as a political actor in the twentieth century, seen in BP's infrastructure and information arrangements in Iran. In the early twentieth century, international oil corporations emerged as a new kind of political actor. The development of the world oil industry, argues Katayoun Shafiee, was one of the era's largest political projects of techno-economic development. In this book, Shafiee maps the machinery of oil operations in the Anglo-Iranian oil industry between 1901 and 1954, tracking the organizational work involved in moving oil through a variety of technical, legal, scientific, and administrative networks. She shows that, in a series of disagreements, the British-controlled Anglo-Iranian Oil Company (AIOC, which later became BP) relied on various forms of information management to transform political disputes into techno-economic calculation, guaranteeing the company complete control over profits, labor, and production regimes. She argues that the building of alliances and connections that constituted Anglo-Iranian oil's infrastructure reconfigured local politics of oil regions and examines how these arrangements in turn shaped the emergence of both nation-state and transnational oil corporation. Drawing on her extensive archival and field research in Iran, Shafiee investigates the surprising ways in which nature, technology, and politics came together in battles over mineral rights; standardizing petroleum expertise; formulas for calculating profits, production rates, and labor; the “Persianization” of employees; nationalism and oil nationalization; and the long-distance machinery of an international corporation. Her account shows that the politics of oil cannot be understood in isolation from its technical dimensions. The open access edition of this book was made possible by generous funding from Knowledge Unlatched.
Download or read book Managing Petroleum Resources written by Farouk Al-Kasim and published by . This book was released on 2006 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book History of Norway from 1814 written by Ivar Libæk and published by Font Forlag AS. This book was released on 2012-06-16 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: HISTORY OF NORWAY AFTER 1814 is the tale of modern Norway's growth from dependence and poverty to sovereignty and wealth - from the Eidsvoll Constitution to the Second World War, the evolvement of the welfare state, the oil finds in the North Sea, and the complex relationship to the EU. NORWEGIAN HERITAGE is a series of books about our most important and best-known national icons. The respective titles introduce major personalities from the worlds of art and literature, science and sports, but also the many natural wonders of the country, as well as significant historical periods and cultural expressions. Each book offers an updated introduction to readers who wish to familiarize themselves with a given subject.
Download or read book Norway s Sovereign Wealth Fund written by Ole Bjørn Røste and published by Springer Nature. This book was released on 2021-07-19 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book elaborates on how Norway has managed to convert a large fraction of its endowment of hydrocarbons below the seabed of Norwegian waters into financial wealth, invested in the world’s capital markets. Further, it explains how this wealth is managed. Under the current guidelines, only the assessed return on investment may be allotted to public budgets. This ensures that the wealth will benefit both current and future generations. The capital is gathered in the Sovereign Wealth Fund – or State Pension Fund Global (SPF-G) –, which is intended to maximize capital value without exceeding acceptable risks. The book offers new insights into the history and management of the fund, examines its successes,and discusses future challenges. Given its scope, it appeals to scholars of economics, finance and political science, and to anyone interested in the sustainable investment of natural resource-based revenues.
Download or read book Death and Oil written by Bradford Matsen and published by Pantheon. This book was released on 2011 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Documents the events of the 1988 oil rig disaster on the North Sea, drawing on interviews with survivors and family members, the Occidental Petroleum Corp., and rescue workers to trace the gas leak that triggered the explosion and the devastation it continues to inflict.
Download or read book The Future History of the Arctic written by Charles Emmerson and published by PublicAffairs. This book was released on 2010-03-02 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: Long at the margins of global affairs and at the edge of our mental map of the world, the Arctic has found its way to the center of the issues which will challenge and define our world in the twenty-first century: energy security and the struggle for natural resources, climate change and its uncertain speed and consequences, the return of great power competition, the remaking of global trade patterns In The Future History of the Arctic, geopolitics expert Charles Emmerson weaves together the history of the region with reportage and reflection, revealing a vast and complex area of the globe, loaded with opportunity and rich in challenges. He defines the forces which have shaped the Arctic's history and introduces the players in politics, business, science and society who are struggling to mold its future. The Arctic is coming of age. This engrossing book tells the story of how that is happening and how it might happen -- through the stories of those who live there, those who study it, and those who will determine its destiny.
