Political implications of North Sea oil and gas

Cover of: Political implications of North Sea oil and gas |

Published by Universitetsforlaget in Oslo .

Written in English

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  • North Sea region


  • Petroleum in submerged lands -- North Sea region -- Congresses.,
  • Energy policy -- North Sea region -- Congresses.,
  • International economic relations -- Congresses.

Edition Notes

Includes bibliographical references.

Book details

Statemented. by Martin Saeter and Ian Smart, under the auspices of the Norwegian Institute of International Affairs, Oslo, and the Royal Institute of International Affairs, London.
SeriesNorwegian foreign policy studies ; 16, Norwegian foreign policy studies ;, no. 16.
ContributionsSæter, Martin, 1931-, Smart, Ian., Norsk utenrikspolitisk institutt., Royal Institute of International Affairs.
LC ClassificationsHD9575.N57 P65
The Physical Object
Pagination167 p. :
Number of Pages167
ID Numbers
Open LibraryOL5257762M
ISBN 108200049701
LC Control Number75331237

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Get this from a library. The Political implications of North Sea oil and gas. [Martin Sæter; Ian Smart; Norsk utenrikspolitisk institutt.; Royal Institute of International Affairs.;] -- Seven papers which were presented to an international conference held in Torsberg, Norway.

All have been revised for publication and are followed by a summary of the discussion in the relevant. The Official History of North Sea Oil and Gas will be of much interest to students of North Sea oil and gas, energy economics, business history, and British politics, as well as to petroleum professionals and by: 1.

North Sea oil fuelled the 80s boom, but it was, and remains, strangely invisible Thatcherism was a temporary phenomenon owing more to oil than to ideology – the book. This paper analyses the economic effects of the oil and gas sector (energy booms) on manufacturing output in two energy producing countries: Norway and the UK.

In particular, I investigate whether there is evidence of a ‘Dutch disease’, that is whether energy booms have had adverse effects on by: Book Description. Written by the leading expert in UK petroleum economics, this study provides a new, unique, in-depth analysis of the development of British policies towards the North Sea oil and gas industry from the early s to the early s.

North Sea oil and gas as a capital asset The conventional national income accounting approach does not high- light all the direct effects of North Sea oil exploitation, let alone the indirect impacts. Thus, the necessary capital expenditure is not high- by: 4.

The upside, according to Norwegian Oil & Gas, an industry association, is that “since these projects are likely to be realized if oil prices rise in a long-term perspective,” the delays will end up extending the region’s economic life. In terms of resources, the North Sea is still sitting on a.

North Sea oil in Numbers The future of North Sea oil is one of the key campaign battlegrounds ahead of the Scottish independence referendum. The North Sea oil and gas industry employspeople across the UK and in the industry paid £ billion in. traditionally been discharged to sea. As fields age and as Introduction For generations the North Sea has been a valuable source of food exploited by the UK fishing industry.

In the last quarter of the 20th century it also became a vital energy source following the discovery of significant reserves of oil and gas (O&G). In the 21st century, it. North Sea oil is a mixture of hydrocarbons, comprising liquid petroleum and natural gas, produced from petroleum reservoirs beneath the North Sea.

In the petroleum industry, the term "North Sea" often includes areas such as the Norwegian Sea and the area known as "West of Shetland", "the Atlantic Frontier" or "the Atlantic Margin" that is not geographically part of the North Sea.

The Official History of North Sea Oil and Gas will be of interest to students of North Sea oil and gas, energy economics, business history, and British politics, as well as to Cited by: 3.

Stories about the demise of North Sea oil and gas exploration are aplenty. The mature prospect peaked in and admittedly its heyday has come.

COVID Resources. Reliable information about the coronavirus (COVID) is available from the World Health Organization (current situation, international travel).Numerous and frequently-updated resource results are available from this ’s WebJunction has pulled together information and resources to assist library staff as they consider how to handle coronavirus.

For decades, the oil rigs rising out of the North Sea off Scotland provided Britain with hundreds of thousands of jobs in a thriving industry and billions in tax revenue. Scottish nationalists are right to charge that Britain has mismanaged North Sea oil. Unionists are probably right to retort that the alternative would be worse Bagehot: The British Vikings.

The Piper Alpha disaster in Julyresulting in the deaths of people, was a tragedy and watershed moment for the North Sea Oil & Gas industry.

The disaster led to fundamental reforms to North Sea safety procedures. Third of North Sea oil and gas likely to be left in ground Oil & Gas industry. Batteries. The Financial Times and its journalism are subject to a self-regulation regime under the FT.

This is how long North Sea oil industry has got left – Dr Richard Dixon If the UK is to play its part in the fight against climate change, the North Sea oil and gas industry has between ten and.

A programme of research is underway at Aberdeen University on the conflicts arising in the North Sea between the fishing and offshore oil and gas industries.

This research note summarizes the work that has been undertaken to date and the main aspects on which future work will : G. Mackay, David Pearce. Inthe UK was the largest oil producer and second largest gas producer in the European Union, or the 23rd largest in the world for oil and gas combined (22nd for oil, 21st for gas) (DECC, a).

Nevertheless, it is accepted that total North Sea oil and gas production on the UKCS peaked in and has been declining each year Size: 1MB. The Official History of North Sea Oil and Gas will be of interest to students of North Sea oil and gas, energy economics, business history, and British politics, as well as to petroleum professionals and policymakers.

Special offers and product Author: Alex Kemp. It is important to remember that there are various international prices of oil and gas; although there is an inherent value in a barrel of oil the value is driven by the type of oil required at the time Three Factors (measurements): WTI: West Texas Intermediate Landlocked.

ant export. Brent Crude Price: North Sea Crude Oil (Europe) (available. Carbon dioxide sequestration. In the North Sea, Norway's Equinor natural-gas platform Sleipner strips carbon dioxide out of the natural gas with amine solvents and disposes of this carbon dioxide by geological sequestration (" Carbon sequestration ") while keeping up gas production pressure.

Industry body Oil and Gas UK warned that the tax risked thousands of North Sea jobs. It called for immediate talks with the Treasury and an urgent meeting of Pilot, the government-sponsored oil Author: Severin Carrell.

Energy Analysis: Judith Aldersey-Williams, partner at CMS, discusses what the combination of the coronavirus (COVID) pandemic and the recent crash in oil price means for the North Sea oil and gas industry.

The North Sea oil and gas industry is currently facing a ‘perfect storm’ of coronavirus and an oil. Shares in Jersey Oil & Gas closed more than 20% higher yesterday after the production minnow used its year-end results to underline its commitment to realising the potential of its North Sea : Kristy Dorsey.

The political implications of the falling oil price. fall in oil and gas prices. which remain to be developed in the North Sea — most are marginal and require both reorganisation of the. Brexit and the UK oil and gas industry.

Oil & Gas UK provides evidence-based insights on behalf of our members to a range of stakeholders that includes both the Westminster and Holyrood governments and parliaments, the media and internationally. Piper Alpha was an oil production platform in the North Sea approximately miles ( km) north-east of Aberdeen, Scotland, that was operated by Occidental Petroleum (Caledonia) Limited.

It began production ininitially as an oil-only platform but later converted to add gas : Explosion. Although UK oil and gas production is commonly associated with the North Sea, exploration and production in non-commercial quantities has been undertaken for centuries.

The first significant offshore Petroleum discovery was in in the West Sole Field while the North Sea File Size: KB. Oil and gas workers will be exempted from quarantine measures requiring travellers to isolate for 14 days after arriving in the UK.

Under new Home Office rules, anyone who arrives in the UK from. The industrialization of the deep sea is expanding worldwide. Increasing oil and gas exploration activities in the absence of sufficient baseline data in deep-sea ecosystems has made environmental management challenging.

Here, we review the types of activities that are associated with global offshore oil and gas development in water depths over m, the typical impacts of these activities Cited by: A Sea Change is taking place in North Sea oil & gas.

Senior stakeholders across the value chain agree that the North Sea does have a future. However, a number of fundamental issues will need to be addressed in the next 24 months if the basin is to avoid a rapid and premature decline.

The Oil and Gas Authority (OGA) has published new research in a bid to show the continued need for North Sea resources, despite the Covid pandemic.

North Sea Exclusive: BP’s North Sea chief. The current and historical policies will be assessed on the importance of North Sea Oil Revenue. Thesis The North Sea Oil and Gas Revenue have aided the development in the British economy Discussion Historical and current policies The policy’s placement for the North Sea oil and gas industry was for the control of the following.

ABERDEEN, Scotland — For the oil industry, the decline of the North Sea fields is part of a global challenge. But for Britain, it is also a political problem. MARGARET Thatcher squandered billions from North Sea oil on a short-term consumer boom when she should have invested it, Lord Heseltine told Holyrood last night.

The former defence secretary said. Even so, investment in the North Sea is rising: The Financial Times reported earlier this week investments in new oil and gas developments the area had reached US$ billion (3 billion pounds. This paper identifies three important areas where the UK benefits from North Sea Oil production.

These are: Balance of Payments. UK Gross National Product. New Offshore Oil Service Industry. The paper quantifies the contribution of oil to the UK economy where possible and evaluates the impact of changes in the exchange rate and the oil : Carol Cecilia Ferguson.

Oil and gas from the North Sea will make the United Kingdom a net exporter of energy in the s and supply a substantial portion of its needs through the s. In value terms, the benefits are principally to the balance of payments and government by: 4. Offshore drilling is a mechanical process where a wellbore is drilled below the seabed.

It is typically carried out in order to explore for and subsequently extract petroleum which lies in rock formations beneath the seabed. Most commonly, the term is used to describe drilling activities on the continental shelf, though the term can also be applied to drilling in lakes, inshore waters and.This course focuses on strategic and political implications of ongoing trends in global energy markets, particularly markets for crude oil and natural gas.

The course examines the world's major oil and natural gas producing regions: the Middle East, the Caspian Region, Russia, Venezuela, and the North Sea. Producer-consumer relationships are considered for China, India, Japan, and the United.

The North Sea most eminent oil and gas tycoon has delivered a devastating blow to Alex Salmond’s independence campaign by warning there are .

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