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The Official History of North Sea Oil and Gas - Vol. I: The Growing Dominance of the State (Hardcover, New)
Loot Price: R4,933
Discovery Miles 49 330
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The Official History of North Sea Oil and Gas - Vol. I: The Growing Dominance of the State (Hardcover, New)
Series: Government Official History Series
Expected to ship within 12 - 17 working days
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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 1960s to the early 1980s. Drawing on full access to the
UK Government's relevant archives, Alex Kemp examines the thinking
behind the initial legislation in 1964, the early licensing
arrangements and the events leading up to the boundary delimitation
agreements with Norway and other adjacent North Sea countries. He
explains the debate in the later 1960s about the appropriate role
of the state in the exploitation of the gas and oil resources, the
prolonged negotiations resulting in the early long-term gas
contracts, and the continuing debate on the role of the state
following the large oil discoveries in the first half of the 1970s
resulting in the formation of BNOC (British National Oil
Corporation). The debate leading up to the introduction of, and
subsequent increase in, the Petroleum Revenue Tax is fully
explained as is the introduction of Supplementary Petroleum Duty.
The author also outlines the debates around interventionist
depletion policies and on how the oil revenues should best be
utilised. 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 policymakers.
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