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Knowledge of a country’s oil and gas resources and the expected economic value of these resources are essential for the Government and the Parliament (Storting) to formulate an effectiv petroleum-, energy- and economic policy. There are still large parts of the Norwegian Continental Shelf...
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Shortages of rigs and personnel have encouraged creativity in designing incentive contracts in thedrilling sector. In particular for oil service contracts, since those companies have the most directcontrol of drilling efficiency. A large variety of contract types are in use, including within...
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Shortages of rigs and personnel have encouraged discussion of designing incentive contracts in the drilling sector. However, for the drilling contracts, there are not a large variety of contract types in use. This article describes and analyses incentives for drilling contractors. These are...
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An empirical analysis of production structure in the Norwegian fish-processing industry is undertaken, based on data for the period 1985–90. This industry processes raw materials into fresh, frozen, salted and dried fish products. Two technologies coexist in the industry. Producer behaviour is...
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