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Book part
Publication date: 26 October 2005

Tyler Priest

For the first time since the “limits to growth” debate of the 1970s, we hear serious talk about the prospect of the world running out of oil. In the United States, concerns about…

Abstract

For the first time since the “limits to growth” debate of the 1970s, we hear serious talk about the prospect of the world running out of oil. In the United States, concerns about reducing dependence on foreign oil have incited debate over the viability of alternative energy sources versus the oil industry's search for new oil “frontiers.” The rancorous dispute over drilling in the Arctic National Wildlife Refuge (ANWAR) has captured the spotlight in this debate. Less controversial, but more significant for the future of U.S. oil production, are the bountiful “deepwater” reserves of the Gulf of Mexico (GOM). Offshore is central to the history of the petroleum industry over the last 50 years, and the GOM is the most explored, drilled, and developed offshore petroleum province in the world. In recent decades, revenue from offshore leasing has been second only to federal income taxes in value to the U.S. treasury. During the last 30 years, the search for oil and gas has continually moved into deeper waters and into new offshore environments. Still, the GOM remains the primary laboratory for technological innovation and regulatory practices. The recent and spectacular revival in production there thanks to deepwater discoveries has strongly reinforced this demonstration effect. As offshore oil assumes a high profile in national development strategies around the world, any effort to analyze the political, social, and economic aspects of offshore exploration and development must use the GOM as a historical precedent or basis of comparison.

Details

Nature, Raw Materials, and Political Economy
Type: Book
ISBN: 978-1-84950-314-3

Book part
Publication date: 24 September 2014

Sjur Larsen, Espen Nystad and Claire Taylor

To present a case study of coordination mechanisms employed by a multiteam system (MTS) charged in an international oil and gas company.

Abstract

Purpose

To present a case study of coordination mechanisms employed by a multiteam system (MTS) charged in an international oil and gas company.

Design/methodology/approach

Qualitative method with longitudinal observation and interviewing.

Findings

The MTS, and particularly its coordination mechanism of a regular collaboration meeting, provided multiple benefits, such as access to diverse competences, capabilities for solving problems crossing team boundaries, and opportunities for developing relationships between the different teams involved. There were also observed challenges: a lack of shared understanding between the participants concerning the purpose of the main collaboration session of the MTS, different levels of insight into each other’s areas of competence, information sharing, shifting team membership, multiteam membership, time pressure, and technology-mediated communication.

Originality/value

Providing an illustration of the MTS concept in a real organizational setting and the role of a regular collaboration meeting as a coordination mechanism for the MTS.

Details

Pushing the Boundaries: Multiteam Systems in Research and Practice
Type: Book
ISBN: 978-1-78350-313-1

Keywords

Book part
Publication date: 19 October 2016

Michael Watts

Using the case of the Deepwater Horizon blowout in the Gulf of Mexico in 2010, I argue that the catastrophe was less an example of a low probability-high catastrophe event than an…

Abstract

Using the case of the Deepwater Horizon blowout in the Gulf of Mexico in 2010, I argue that the catastrophe was less an example of a low probability-high catastrophe event than an instance of socially produced risks and insecurities associated with deepwater oil and gas production during the neoliberal period after 1980. The disaster exposes the deadly intersection of the aggressive enclosure of a new technologically risky resource frontier (the deepwater continental shelf) with what I call a frontier of neoliberalized risk, a lethal product of cut-throat corporate cost-cutting, the collapse of government oversight and regulatory authority and the deepening financialization and securitization of the oil market. These two local pockets of socially produced risk and wrecklessness have come to exceed the capabilities of what passes as risk management and energy security. In this sense, the Deepwater Horizon disaster was produced by a set of structural conditions, a sort of rogue capitalism, not unlike those which precipitated the financial meltdown of 2008. The forms of accumulation unleashed in the Gulf of Mexico over three decades rendered a high-risk enterprise yet more risky, all the while accumulating insecurities and radical uncertainties which made the likelihood of a Deepwater Horizon type disaster highly overdetermined.

Details

Risking Capitalism
Type: Book
ISBN: 978-1-78635-235-4

Keywords

Book part
Publication date: 30 March 2006

Diane E. Austin, Thomas R. McGuire and Rylan Higgins

The relationship between the offshore oil and gas industry and southern Louisiana has been one of ongoing, mutual adaptation. The industry has long been cyclical, responding to…

Abstract

The relationship between the offshore oil and gas industry and southern Louisiana has been one of ongoing, mutual adaptation. The industry has long been cyclical, responding to price changes, corporate decisions, and federal and state policies. Today, however, the industry offers little guarantee of employment, difficult terms of advancement, and, in general, an uncertain future. Many of the young men and women of the communities of southern Louisiana are looking elsewhere for work. As the local labor sources diminish, companies seek out new labor supplies, including workers from outside the region and from other parts of the world. This paper discusses some of the processes that corroded the unique relationship between the region, its people, and this industry.

Details

Markets and Market Liberalization: Ethnographic Reflections
Type: Book
ISBN: 978-1-84950-354-9

Book part
Publication date: 30 March 2006

Diane E. Austin

Despite being the standard against which all other offshore work sites are compared, the male-dominated work culture of the Gulf of Mexico has received little attention from…

Abstract

Despite being the standard against which all other offshore work sites are compared, the male-dominated work culture of the Gulf of Mexico has received little attention from social scientists. Drawing on the literature on women and work in the United States, on women in the U.S. South, in the military, and in the oil field, and on interviews with hundreds of individuals this paper explores the roles of women in the development and maintenance of the offshore oil and gas industry in southern Louisiana.

Details

Markets and Market Liberalization: Ethnographic Reflections
Type: Book
ISBN: 978-1-84950-354-9

Book part
Publication date: 20 December 2013

Christine Shearer, Debra Davidson and Robert Gramling

This chapter examines similarities in government policies that have accelerated and privatized the extraction of offshore oil, coal, and oil sands on public lands in the United…

Abstract

This chapter examines similarities in government policies that have accelerated and privatized the extraction of offshore oil, coal, and oil sands on public lands in the United States and Canada, as well as the arguments used to justify those policies. Sociologist William Freudenburg argued that the diversion of public resources into private hands was made possible by a second diversion, the diversion of attention. Freudenburg, with Gramling, later applied this concept to U.S. offshore oil leases, noting that when it came to offshore oil, the myth of “energy independence” was often used to justify policies that were actually antithetical to the concept, promoting further dependence on fossil fuels. We extend the double diversion concept from offshore oil to U.S. coal and Alberta oil sands, noting the similarities in both the policy changes and the diversionary frameworks. The frameworks also divert attention from the increasing risks associated with energy extraction.

Details

William R. Freudenburg, A Life in Social Research
Type: Book
ISBN: 978-1-78190-734-4

Keywords

Book part
Publication date: 4 November 2021

Stella Tsani

Energy policy and sector developments in Greece in the last decades reveal the government and investors' intentions to exploit the energy resources and production potential of the…

Abstract

Energy policy and sector developments in Greece in the last decades reveal the government and investors' intentions to exploit the energy resources and production potential of the country. Developments regard renewable and hydrocarbon energy sources. Agreements with international companies come with economic terms attached and the prospect of related sectors' development, employment generation, research and innovation. Developments, particularly those related to hydrocarbons exploration, take place in times of climate change mitigation and adaptation and actions to ensure environmentally, socially, and economically sustainable development in line with the goals set out in the United Nations Agenda for 2030 and the European Green Deal. Given these challenges, the design and implementation of timely policies that can promote local supply capacity appear to be of primary importance. This chapter discusses the challenges and opportunities of designing and implementing local content policies with the intention to derive useful policy considerations. The discussion draws from the latest developments with hydrocarbons exploration and production activities in Greece and from the recent relevant to local content literature. The analysis concludes that in the face of climate action, rapid technological innovation, and the high capital intensity that characterize the sector, knowledge transfer, and education upgrade emerge as important factors of achieving sustainable growth through local content policies.

Details

Modeling Economic Growth in Contemporary Greece
Type: Book
ISBN: 978-1-80071-123-5

Keywords

Book part
Publication date: 21 October 2019

Marco Bettiol, Maria Chiarvesio, Eleonora Di Maria, Cristina Di Stefano and Luciano Fratocchi

Manufacturing offshoring has received substantial attention within international business studies that have explored where activities are located and how they are governed…

Abstract

Manufacturing offshoring has received substantial attention within international business studies that have explored where activities are located and how they are governed. However, recent examples of manufacturing relocation to the home country/region have put the advantages of offshoring under scrutiny, since the location of production activities in high-cost countries may have positive impacts in terms of innovation and marketing opportunities. Despite the growing interest in offshoring and “relocations of second degree,” there is a lack of knowledge on the alternative strategies firms may implement after offshoring. This chapter aims to propose a comprehensive framework to summarize and classify the multiple alternatives firms may implement after the initial relocation abroad of manufacturing activities. Based on an extensive literature review and a comparative analysis of Italian case studies, the chapter suggests theoretical advancement in the theory of location of business activities, offering multiple post-offshoring strategic options that may be implemented individually or in combination. In so doing, the analysis also stresses the variety of strategic paths and the complexity of choices concerning manufacturing location, emphasizing reshoring as a nuanced phenomenon and exploring how domestic and foreign locations can complement each other and be mutually reinforcing.

Details

International Business in a VUCA World: The Changing Role of States and Firms
Type: Book
ISBN: 978-1-83867-256-0

Keywords

Book part
Publication date: 4 August 2017

Gwendolyn Whitfield

Companies must adapt their strategies to changing market conditions. Global supply strategies have become the source of competitive advantage over the last several decades…

Abstract

Companies must adapt their strategies to changing market conditions. Global supply strategies have become the source of competitive advantage over the last several decades, particularly in the manufacturing industry, as US firms offshored manufacturing operations to low-cost locations such as China. The rationale was based on cost savings and other location opportunities. In the quest for a cost advantage, many firms departed from conventional outsourcing wisdom and began offshoring higher value and specialized activities such as engineering, design, testing, and research and development. As market conditions changed and cost advantages eroded, firms who offshored high value activities discovered strategic costs and unintended consequences. The extent of the challenges became more apparent as US firms began reshoring manufacturing to reposition in rapidly changing market conditions. The purpose of this research is to provide insight into the decision making process of offshoring and reshoring, to introduce a new concept to understand progressive offshoring, and to build supply chain knowledge by establishing a theoretical understanding for reshoring and strategic costs.

Details

Breaking up the Global Value Chain
Type: Book
ISBN: 978-1-78743-071-6

Keywords

Book part
Publication date: 30 March 2006

Karen Coelho

In Louisiana's coastal communities with traditions of heavy dependence on the oil industry, cycles of industrial uncertainty have become routine, eliciting a set of coping…

Abstract

In Louisiana's coastal communities with traditions of heavy dependence on the oil industry, cycles of industrial uncertainty have become routine, eliciting a set of coping responses from local government and community institutions. However, recent industrial restructuring within the context of globalization, accompanied by shifts in the climate of federal and state policy, have significantly disrupted traditional support mechanisms and threatened their survival. This article explores the realities that two South Louisiana communities impacted by the offshore oil industry face at the close of the 20th century, with a focus on health service institutions. It also explores community efforts in managing local housing and workforce preparation issues.

Details

Markets and Market Liberalization: Ethnographic Reflections
Type: Book
ISBN: 978-1-84950-354-9

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