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On the topic of Norwegian oil, a fascinating story of an Iraqi who helped them deal with being an oil-producing nation: https://web.archive.org/web/201001232259
by bellyfullofbac 5y ago
On the topic of Norwegian oil, a fascinating story of an Iraqi who helped them deal with being an oil-producing nation: https://web.archive.org/web/20100123225932/http://www.ft.com/cms/s/2/99680a04-92a0-11de-b63b-00144feabdc0.html https://web.archive.org/web/20100123225932/http://www.ft.com...
He was an oil expert who met a Norwegian au-pair in London, they got together, married, had a sick kid so they decided to move to Norway, and because he had the whole day before he could take the train from Oslo to her hometown, he decided to visit the Ministry of Industry to get leads on oil jobs...
- dredmorbius 5y agoSomeone's just submitted that to the HN queue. It's very much worth reading.
- jezzzabell 5y agoThat was a great read, thanks. I loved that they highlighted the role of a proper regulatory body as a key factor in the success of the oil industry in Norway.
- BLKNSLVR 5y agoNorway's management of their oil reserves, or more specifically, the profits made from their oil reserves[0], is another lesson in running a country that Australia has failed[1] at even recognizing despite its vast mineral wealth and therefore applicability to future economic stability and strength. [0]: https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Norway https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Nor... [1]: https://www.themonthly.com.au/issue/2015/july/1435672800/richard-denniss/clowns-and-treasurers https://www.themonthly.com.au/issue/2015/july/1435672800/ric...