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Abstract
Sjoholt, P. 1966. The Norwegian North Sea petroleum industry. Development trends and impacts. Norsk geogr. Tidsskr. Vol. 50, 225–242. Oslo. ISSN 0029-1951.
In the early years of development of offshore activities, Norway was able to take advantage of the global energy situation and establish herself as a proactive agent in the business. In this article the growing importance of the activities for the national economy is highlighted, with particular emphasis on the role of the sector in regional development. The new principles of management, technology changes, cost problems and new market organization will make an impact upon Norway's future role as a petroleum producer. These development prospects and options are put into a resource, environmental and intergenerational equity context. In conclusion, the vulnerability of a large petroleum sector in a small, advanced industrial economy is discussed.