Public–private partnership for improved hydrocarbon recovery – Lessons from Norway's major development programs

摘要: Abstract Oil and gas field extraction strategies built on win–win public–private partnerships facilitate adaptation to new opportunities created by developments in science, technology social structures. Such produce far more effective efficient solutions than what may be achieved through neutral or confrontational partnerships. We define partnership broadly; include both fiscal regulatory interactions, development of hard soft infrastructure as well formal between public private entities engaged development. The are shaped respect the obligations that each party has their constituencies. analysis uses Norway illustrate how government industry can adapt geologic, technical, commercial realities enable oil recovery projects thus increase total economic value captured. collaboration process we describe is comprehensive long-lasting. It depends critically integrative dynamic capabilities side. show greatly reduce risks partner shaping conditions minimize uncertainty behavior all partners. Strategy then focus getting job done.