The Impact of North Sea Oil and Gas on a Danish Region

Hahn-Pedersen, Morten
June 2008
International Journal of Maritime History;Jun2008, Vol. 20 Issue 1, p173
Academic Journal
The article explores the implications of North Sea oil and gas resources for the oil and petroleum industry in Denmark. The industry accounted for 90-95% of the Danish offshore market, wherein 42% of the suppliers had foreign addresses, typically in countries with equivalent activities on its own sea floor, specifically in the North Sea, while the remaining fifty-eight percent were in Denmark. The operators' capital expenditure was greatest when special expertise was available, and special services and products could be supplied. Almost sixty percent of investments benefited specialized foreign companies, while equivalent firms in the Esbjerg area, with a turnover of thirty-four percent of the total, had the lion's share of the funds expended domestically.


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