North Sea and beyond project
The North Sea Experience: What are the main regulatory characteristics of the Norwegian and the British models for petroleum exploration, production and supply, and to what extent are these models relevant for the design of corresponding models in other countries with significant or potential petroleum resources?
Illustration: Colourbox.com
About the Project
The Norwegian resource management model is often considered a successful example of how to manage hydrocarbon resources. The Norwegian government allowed a progressive development of its natural resources, built industry knowledge and saved reserves and revenue for future generations. This approach is often referred to as the ´Norwegian Model`.
The Norwegian hydrocarbon policies and the license regime are often cited as important factors contributing to the success of Norwegian resource management. However, other factors, such as the political system, demography, social issues, government structures, community support, naval traditions, amongst others, might also have played an important role.
Norway and the UK started their North Sea exploration activities almost at the same time, and both countries adopted a licence regime as basis for resource management. Nevertheless, the Norwegian and the UK resource management models also differ in many respects.
Read more about background and research objectives.
Cooperation
Contributors
This project will collaborate with a variety of leading experts across the target jurisdictions. Up to the present moment we have contributors from Angola, Brazil, East-Timor, Mozambique, Nigeria, Norway, Sao Tomé and Principe, United Kingdom. See all contributors.
Advisory Board
Key stakeholders and industry players within the target countries are invited to be part of our advisory board. We are always open to accept new members through the duration of our Project. This is a voluntary position without any obligation attached to this role. The advisory board will provide a forum for the exchange of ideas, experiences and recommendations.
Up to the present moment we have members of the advisory board from Angola, Brazil, China, Denmark, East-Timor, Finland, Indonesia, Mozambique, Nigeria, Norway, Postugal, Senegal, Switzerland, Tanzania, Trinidad and Tobago, U.S.A. and United Kingdom. See all members.
Institutional support
Institutions and organisations related to hydrocarbon resources are invited to be part of our institutional support. This institutional support is a recognition of the relevancy of our project. Up to the present moment we have institutions from Angola, Brazil, Nigeria, Portugal and Scotland. See all institutions.
Strategic Partner
Columbia Center of Sustainable Investment, Columbia University.
Financing
This project will apply for funds within the industry, target and interested host governments, institutions and third parties.
Outcomes
The outcome of this project should be published as a book in two separate parts. The first part covering Norway and the UK should be published within 2016 by an international publisher and the remaining parts in 2017. In addition, this project should also develop seminars, conferences and workshops to disseminate the findings and recommendations to the target countries and wider industry.
New Research Projects
If successful, we will consider to continue the North Sea and Beyond Project beyond the initial 3,5 years. As this stage, we are considering to analyse Health, Safety and Environmental standards and policies as a possible next stage. The details of this project shall be informed in the future.