Arbeitspapier
Cost Performance on the Norwegian Continental Shelf
The oil and gas sector plays a crucial role in the Norwegian economy. It accounts for a very large proportion of gross domestic product, government revenues, investment and exports. A sharp fall in oil prices has had a significant impact on the economy and focused great attention on the cost side of the sector. Enhancing cost efficiency and curbing cost overruns now top the agenda. It is not difficult to find examples of projects suffering extensive cost overruns. What factors underlie these overruns? Media coverage might easily give the impression that Norway's oil and gas sector is suffering from a lack of ability and competence to plan and execute projects to budget. Is this reputation deserved? Does the oil sector perform more poorly in Norway than in other producer nations? Can we see learning effects? How do the Norwegian and the international oil industry compare with other industries with respect to cost performance?
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 6153
- Klassifikation
-
Wirtschaft
Firm Behavior: Empirical Analysis
Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
Capital Budgeting; Fixed Investment and Inventory Studies; Capacity
- Thema
-
cost overrun
petroleum industry
experience
comparison
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Lorentzen, Sindre
Osmundsen, Petter
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
- 10.03.2025, 10:41 UTC
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Lorentzen, Sindre
- Osmundsen, Petter
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2016
Ähnliche Objekte (12)
Cost Overrun at the Norwegian Continental Shelf: The Element of Surprise
Investments on the Norwegian Continental Shelf - An Empirical Analysis
Modelling and forecasting rig rates on the Norwegian Continental Shelf
Forecastability and Statistical Characteristics of Aggregate Oil and Gas Investments on the Norwegian Continental Shelf
Quantification and assessment of methane emissions from offshore oil and gas facilities on the Norwegian continental shelf
Quantification and assessment of methane emissions from offshore oil and gas facilities on the Norwegian Continental Shelf
Substantial kelp detritus exported beyond the continental shelf by dense shelf water transport
Verträge und Deklarationen über den Festlandsockel (Continental shelf)
The Economics of Accelerated Outer Continental Shelf Leasing
Benthic carbon cycling on the Antarctic continental shelf
Allision risk analysis of offshore petroleum installations on the Norwegian Continental Shelf—an empirical study of vessel traffic patterns
Automated real-time prediction of geological formation tops during drilling operations: an applied machine learning solution for the Norwegian Continental Shelf
Cost Overrun at the Norwegian Continental Shelf: The Element of Surprise
Investments on the Norwegian Continental Shelf - An Empirical Analysis
Modelling and forecasting rig rates on the Norwegian Continental Shelf
Forecastability and Statistical Characteristics of Aggregate Oil and Gas Investments on the Norwegian Continental Shelf
Quantification and assessment of methane emissions from offshore oil and gas facilities on the Norwegian continental shelf
Quantification and assessment of methane emissions from offshore oil and gas facilities on the Norwegian Continental Shelf
Substantial kelp detritus exported beyond the continental shelf by dense shelf water transport
Verträge und Deklarationen über den Festlandsockel (Continental shelf)
The Economics of Accelerated Outer Continental Shelf Leasing
Benthic carbon cycling on the Antarctic continental shelf
Allision risk analysis of offshore petroleum installations on the Norwegian Continental Shelf—an empirical study of vessel traffic patterns
Automated real-time prediction of geological formation tops during drilling operations: an applied machine learning solution for the Norwegian Continental Shelf
Cost Overrun at the Norwegian Continental Shelf: The Element of Surprise
Investments on the Norwegian Continental Shelf - An Empirical Analysis
Modelling and forecasting rig rates on the Norwegian Continental Shelf
Forecastability and Statistical Characteristics of Aggregate Oil and Gas Investments on the Norwegian Continental Shelf
Quantification and assessment of methane emissions from offshore oil and gas facilities on the Norwegian continental shelf
Quantification and assessment of methane emissions from offshore oil and gas facilities on the Norwegian Continental Shelf
Substantial kelp detritus exported beyond the continental shelf by dense shelf water transport
Verträge und Deklarationen über den Festlandsockel (Continental shelf)
The Economics of Accelerated Outer Continental Shelf Leasing
Benthic carbon cycling on the Antarctic continental shelf
Allision risk analysis of offshore petroleum installations on the Norwegian Continental Shelf—an empirical study of vessel traffic patterns