The book, co-written with several Norwegian and international researchers, addresses the issue of industrial development of petroleum resources, and specifically the role and development of petroleum supplier companies. The empirical context is the industrial development of petroleum resources in Norway during the last two decades. Norway is a small country, but a large producer and exporter of oil and natural gas.
Norway is interesting in an international perspective, as the country has had a deliberate policy of supporting the development of a technology intensive petroleum supply and service industry, which now is more valuable than the petroleum production. The petroleum industry and the suppliers have undergone profound changes the last decades, in terms of technological developments, business models and markets. This book will address how the Norwegian upstream petroleum industry and its supply industry has changed from the turn of the millennium, and will address a range of specific transformation strategies that is currently taking place. In particular, the book looks at three transformations, where Norwegian experiences are described and discussed in an international perspective.
- Technological upgrading and innovation in upstream petroleum and the supply industry’s role in an increasingly innovative upstream petroleum business
- Globalization of the upstream business and the supplier firms’ experiences in entry into foreign markets
- Diversification into and out of petroleum – and the potential for new growth paths for supply companies in a post-oil future.