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“...the big oil companies are surrounded by hundreds of small enterprises and research institutes in networks with strong in- terconnections. This, together with the size and complexity of the [offshore oil industry] projects, gives a dynamic milieu with a solid basis for innovativeness.”
The Norwegian Oil Industry Association.
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“...the process of innovation is the invention and implementation of new ideas, which are developed by people, who engage in transactions with others over time within an institutional context, and who judge outcomes of their efforts and act accordingly.”
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“The major changes comprise the following: Operators have increasingly pre- ferred awarding large integrated contracts - the so called Engineering, Pro- curement, Construction and Installation (EPCI) - to lead contractors; at the same time reducing the size of their own project teams: so contractors have had to assume greater responsibility for developments.”
Ingebrigt O. Moum, President of Kværner Oil & Gas
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