Estimating fluctuations in oil and gas investment

Governments in extraction countries are anxious to estimate expected investment in development projects, since they represent an essential element of the macro economy. The overall level of activity is also crucial to oil companies, since the macro picture affects cost levels, the supplies market and recruitment opportunities. The paper outlines factors that explain fluctuations in investment in petroleum projects on the Norwegian continental shelf.

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Year of publication:	2014-10-09
Authors:	Dahl, Roy A ; Osmundsen, Petter
Institutions:	Handelshøgskolen, Universitetet i Stavanger
Subject:	oil industry \| cost overruns \| megaprojects \| business cycles

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Extent:	application/pdf
Series:	UiS Working Papers in Economics and Finance.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series UiS Working Papers in Economics and Finance Number 2014/19 14 pages
Classification:	E32 - Business Fluctuations; Cycles ; F21 - International Investment; Long-Term Capital Movements ; L71 - Mining, Extraction, and Refining: Hydrocarbon Fuels ; M21 - Business Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010945016