Originally published in 1981, this book discusses the development
of higher cost North Sea gas and oil fields. Starting with the
perceived need to develop these higher cost fields, the book
focuses on their role in the policy interplay between government
and industry. What is high cost, it is argued, is not only
economically but also institutionally determined and through a
comparative analysis of British and Danish policies with regard to
high cost fields the author maintains that the role of
institutional factors has been underplayed.
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