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E-raamat: Petroleum Industry Transformations: Lessons from Norway and Beyond

Edited by , Edited by (University of Stavanger, Norway), Edited by
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Taking the case of the Norwegian petroleum industry as its vantage point, the book discusses the question of industrial transformations in resource-based industries. The book presents new, empirically-based analyses of the development of the petroleum industry, with an emphasis on three ongoing transformation processes:











Technological upgrading and innovation in upstream petroleum.





Globalisation of the petroleum industry and suppliers experiences of entering foreign markets.





Diversification into and out of petroleum and the potential for new growth paths after oil.

Drawing together a range of key thinkers in this field, this volume addresses the ways in which the petroleum industry and its supply industry has changed since the turn of the millennium. It provides recommendations for the development of resource economies in general and petroleum economies in particular.

This book will be of great interest to students and scholars of energy policy and economics, natural resource management, innovation studies and the politics of the oil and gas sector.

Arvustused

"Petroleum economies have long been analyzed macro-economically as suffering from the "resource curse". This book offers a long-awaited alternative view based on a knowledge economy perspective. Petroleum economies can benefit from complex knowledge built up in supplier industries to diversify into new and promising industries. The case of Norway, central to this book, serves as an example for many other resource-based economies worldwide." -- Koen Frenken, Professor in Innovation Studies, Utrecht University, Netherlands

"This book reveals the dynamics of natural resources when developed by a capability rich institutional regime. The petroleum sector in Norway is not only a success story, it has also transformed the innovation models of the global petroleum industry. The book is a must for those who want to understand today´s offshore industry as well as for those who want to prepare for the transitions to come." -- Staffan Laestadius, Professor Emeritus, Royal Institute of Technology, Stockholm, Sweden

"The oil and gas industry remains the largest in the world by a long way: it is the resource at the heart of the industrial system. This path-breaking book explores one of its most dynamic national bases [ Norway]. It offers unique insights into oil's innovation paths, its industrial trajectories, its economic impacts and its future." --Keith Smith, Professor at Imperial Business School, UK

List of figures
x
List of tables
xi
List of contributors
xii
Acknowledgements xiv
List of abbreviations
xv
1 Transformations in petroleum: innovation, globalisation and diversification
1(22)
Taran Thune
Ole Andreas Engen
Olav Wicken
PART I
2 The evolving sectoral innovation system for upstream oil and gas in Norway
23(17)
Ole Andreas Engen
Erlend Osland Simensen
Taran Thune
3 Innovation in the petroleum value chain and the role of supply companies
40(18)
Erlend Osland Simensen
Taran Thune
4 Knowledge networks and innovation among subsea firms
58(12)
Nina Hjertvikrem
Rune Dahl Fitjar
5 Cost-cutting as an innovation driver among suppliers during an industry downturn
70(14)
Jakoba Sraml Gonzalez
6 Norwegian rig service industry: innovations in contractual relations
84(11)
Petter Osmundsen
PART II
7 Born national -- going global
95(17)
Helge Ryggvik
Ole Andreas Engen
8 Norwegian suppliers in Brazil
112(15)
Helge Ryggvik
Ole Andreas Engen
Antonio Jose Junqueira Botelho
9 Supply companies and the political economy of platform concepts in the U.S. Gulf of Mexico
127(17)
Helge Ryggvik
10 Steel, staff and solutions: past, present and future prospects for employment in the Norwegian-based petroleum supply industry
144(21)
Atle Blomgren
Christian Quale
PART III
11 Versatile competences and product market diversification among oil and gas supply firms
165(15)
Taran Thune
Tuukka Makitie
12 Diversification into new markets: challenges and opportunities for petroleum supply firms
180(15)
Allan Dahl Andersen
Magnus Gulbrandsen
13 From oil to wind, and back again: resource redeployment and diversification
195(20)
Tuukka Makitie
Taran Thune
Jakoba Sraml Gonzalez
14 The resource endowment challenge: extending the value chain
215(16)
Øystein Noreng
15 Collaborative innovation in the Norwegian oil and gas industry: surprise or sign of a new economy-wide paradigm?
231(18)
Charles Sabel
Gary Herrigel
Index 249
Taran Thune is Professor in the Center for Technology, Innovation and Culture at the University of Oslo, Norway.

Ole Andreas Engen is a Professor at the University of Stavanger, Norway.

Olav Wicken is Professor in the Center for Technology, Innovation and Culture at the University of Oslo, Norway.