• The choice of strategic core : impact of financial volum 

      Emhjellen, Magne; Hausken, Kjell; Osmundsen, Petter (Working Paper, Working paper, 2001-10)
      Recent trends among major oil companies and independents have been consolidation through mergers and acquisitions and focus on key strategic core areas. The expressed goals have been to achieve synergy, reduce costs, and ...
    • Common agency with outside options : the case of international taxation of an MNE 

      Olsen, Trond E.; Osmundsen, Petter (Discussion paper, Working paper, 1999)
    • Cost estimates and investment decisions 

      Emhjellen, Kjetil; Emhjellen, Magne; Osmundsen, Petter (Report, Research report, 2001-08)
      When evaluating new investment projects, oil companies traditionally use the discounted cashflow method. This method requires expected cashflows in the numerator and a risk adjusted required rate of return in the denominator ...
    • Cost overruns and cost estimation in the North Sea 

      Emhjellen, Magne; Emhjellen, Kjetil; Osmundsen, Petter (Working Paper, Working paper, 2001-10)
      Recently, a Norwegian government report on the cost overruns of projects in the North Sea was presented (NOU 1999:11). It concluded that there was a 25% increase in development costs from project sanction (POD, Plan for ...
    • Critical factors in transnational oil companies localisation decisions : clusters and portfolio optimisation 

      Kind, Hans Jarle; Osmundsen, Petter; Tveterås, Ragnar (Working Paper, Working paper, 2001-10)
      Enhanced understanding of the factors determining transnational companies’ localisation decisions is important for regulators and other stakeholders concerned about maintaining current activity levels in a petroleum producing ...
    • Disposal of petroleum installations : major policy issues 

      Osmundsen, Petter; Tveterås, Ragnar (Discussion paper, Working paper, 2000-01)
      Following the Brent Spar controversy, the OSPAR countries reached a unanimous agreement in 1998 for the future rules for disposal of petroleum installations. The vast majority of existing offshore installations will be ...
    • European market integration for gas? : volume flexibility and political risk 

      Asche, Frank; Osmundsen, Petter; Tveterås, Ragnar (Discussion paper, Working paper, 2000-05)
      Is the European gas market integrated? Are there substantial price differences between gas from different export countries? Time series of Norwegian, Dutch and Russian gas export prices to Germany in 1990-1998 are examined. ...
    • European market integration for gas? : volume flexibility and political risk 

      Asche, Frank; Osmundsen, Petter; Tveterås, Ragnar (Report, Research report, 2000-06)
      Is the European gas market integrated? Are there substantial price differences between gas from different export countries? Time series of Norwegian, Dutch and Russian gas export prices to Germany in 1990-1998 are examined. ...
    • Fundamental verdsettelse av XXL ASA 

      Røysland, Truls L.; Osmundsen, Petter (Master thesis, 2015)
      Denne masterutredningen tar for seg en verdsettelse av XXL ASA, med den hensikt å komme med et verdiestimat på egenkapitalen til XXL. Verdivurderingen vil i all hovedsak bli foretatt med en inntjeningsbasert verdsettelsesmetode, ...
    • High oil prices : a non-OPEC capacity game 

      Osmundsen, Petter; Asche, Frank; Misund, Bård; Mohn, Klaus (Working paper, Working paper, 2005-08)
      The current high oil price is partly due to low investments in the oil industry the last decade. According to economic theory, exploration and development of new oil and gas fields should respond positively to increasing ...
    • International competition for R&D investments 

      Olsen, Trond E.; Osmundsen, Petter (Discussion paper, Working paper, 2000-02)
      Two jurisdictions compete to attract shares of the R&D investment budget of a large multinational enterprise, whose investments potentially confer positive spillovers on national firms. The firm contributes to local welfare ...
    • Market integration for natural gas in Europe 

      Asche, Frank; Osmundsen, Petter; Tveterås, Ragnar (Discussion paper, Working paper, 2000-09)
      In this paper we examine the degree of market integration in French gas imports. Are there substantial price differences between gas from different export countries, and do prices move together? Furthermore, we analyze to ...
    • Market integration for natural gas in Europe 

      Asche, Frank; Osmundsen, Petter; Tveterås, Ragnar (Report, Research report, 2000-09)
      In this paper we examine the degree of market integration in French gas imports. Are there substantial price differences between gas from different export countries, and do prices move together? Furthermore, we analyze to ...
    • Multinationals, regulatory competition and outside options 

      Olsen, Trond E.; Osmundsen, Petter (Discussion paper, Working paper, 2003-12)
      Lower barriers to entry and developments in world capital markets have increased the actual and potential mobility of multinational enterprises. This poses challenges for host countries’ tax and regulation policies. The ...
    • Multinationals, tax competition and outside options 

      Olsen, Trond E.; Osmundsen, Petter (Discussion paper, Working paper, 2010-09)
      We analyse tax competition when a multinational firm has invested in two countries but also has an outside option, e.g., towards a third country. An interesting finding is that more attractive outside options for firms may ...
    • Optimal petroleum taxation subject to mobility and information constraints 

      Osmundsen, Petter (Working Paper, Working paper, 2001-10)
      Two recent noticeable international developments in the petroleum industry have been mergers and acquisitions, and the opening of new oil producing provinces for transnational oil companies. Both factors contribute to ...
    • Sharing of endogenous risk in construction 

      Olsen, Trond E.; Osmundsen, Petter (Discussion paper, Working paper, 2003-07)
      In risk management of complex procurement projects in construction, the buyer has two principal instruments at his disposal: 1) the choice of time and resources put into engineering and design (project specification), thus ...
    • Sharing of endogenous risk in construction 

      Olsen, Trond E.; Osmundsen, Petter (Report, Research report, 2000-10)
      Large and complex construction projects are often very risky; the total completion costs may be influenced by a range of unforeseen factors. The risk can be reduced, however, by careful planning ad specification of the ...
    • Spillovers and international competition for investments 

      Olsen, Trond E.; Osmundsen, Petter (Discussion paper, Working paper, 2001-05)
      Two jurisdictions compete to attract shares of the investment budget of a large multinational enterprise, whose investments confer positive spillovers on national firms. The firm has private information about its efficiency ...
    • Strategic tax competition : implications of national ownership 

      Olsen, Trond E.; Osmundsen, Petter (Discussion paper, Working paper, 1999-11)
      Two jurisdictions compete to capture the rents of a large multinational enterprise (MNE) which invests locally and which is partly owned by local investors. The MNE contributes to local welfare by tax payments and dividends, ...