Norwegian Developed Petroleum Technology
Norway’s good starting point as an industrial and maritime nation explains the emergence of a technologically world-leading supplier industry. Tough weather conditions in the North Sea, strict regulations and demanding operating companies on the shelf are others.
In many ways, the Norwegian continental shelf has functioned as a laboratory where the players have had to solve technological challenges to extract petroleum resources. The Norwegian continental shelf is today one of the world’s largest offshore markets.
This gives the supplier industry a large domestic market. One of the services BHO offer is to bring Norwegian petroleum technology to the international petroleum marked.