This first English-language study of its kind examines the problems, benefits, and prospects for the future faced by Norway as an oil-producing nation; its emphasis is on foreign policy. Mr. Ausland discusses oil prices, profits, and the pace of production; Norway's dilemma vis-à-vis OPEC and the IEA; and the foreign policy problems raised by the location of its main oil fields. He specifically addresses the prospects of oil in the Barents Sea, where Norway finds itself caught between the great powers, and concludes with an analysis of the implications of oil for crisis management.
Key Dates -- Introduction -- The Context -- The World in Disorder -- The Energy Crisis -- The OPEC Revolution -- Norway’s Role as an Oil Nation -- The Importance of Norway’s Oil -- Norway’s Dilemma: OPEC versus IEA -- The Functional Issues -- The Question of Pace -- The Question of Prices -- The Question of Profits -- The North Sea -- Nationalism versus Internationalism -- Ekofisk—Landing the Oil and Gas -- Frigg—Dividing the Pie -- Statfjord—The Modernization of Norwegian Industry -- Spitzbergen and the Barents Sea -- Norway and the Great Powers -- Crisis Management -- Accidents—The Bravo Blowout -- Security—Terrorism and War -- The Prospects -- Comments and Speculation
