Articles on North Sea

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Steady as she goes. Simon Pedersen

Why Norway is not panicking about the oil price collapse

Norway’s petroleum sector is its most important industry. The petroleum sector accounts for 21.5% of its GDP, and almost half (48.9%) of total exports. In 2013 Norway was ranked the 15th-largest oil producer…
Is trouble brewing in the North Sea? Jo Christian Oterhals

Why an $80 barrel of oil is bad

The dramatic and unexpected 20% fall in oil prices since mid-June has caused alarm in Scotland, the UK and indeed worldwide. Why did oil prices slump to a four-year low of US$84 (£52) per barrel this week…
The Americans claim that North Sea tax system is inhibiting investment. Nick Bramhall

America is right, the UK’s North Sea tax regime needs reforming

The UK North Sea is attracting attention once again after being overshadowed by the shale debate for quite some time. Most recently this has been thanks to the UK government’s announcement this week of…

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