Abstract
The petroleum industry today are characterised by local companies emerging to other markets. This paper evaluates from cases the importance of these markets, and how many actually export to them. The offshore technology petroleum industry is one of Norway’s largest industry sectors. The main competitive advantage of this sector is its knowledge base. An important part of the industry supplies platforms and other highly specialised equipment to the petroleum industry. Constraints to achieving success in these markets are many; official data may be unreliable, corruption might flourish, there will be large cultural differences and the political and legal risks might be high. Prejudice against different societies can also be an obstacle in creating and developing organizations that promote trade.
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Frick, J., Ali, M.M. (2014). The Importance of Emerging Markets for Petroleum Technology Companies in Norway: Management and Entry Operation Strategies. In: Grabot, B., Vallespir, B., Gomes, S., Bouras, A., Kiritsis, D. (eds) Advances in Production Management Systems. Innovative and Knowledge-Based Production Management in a Global-Local World. APMS 2014. IFIP Advances in Information and Communication Technology, vol 440. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-44733-8_60
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DOI: https://doi.org/10.1007/978-3-662-44733-8_60
Publisher Name: Springer, Berlin, Heidelberg
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