The second issue of Front Seat Magazine has been printed and will be distributed in the days and weeks ahead. With “Nordic Energy: Global Footprint of Nordic Oil & Gas Industry” as main story, the magazine examines the international oil and gas industry in a Nordic context, as well as presenting a broader energy perspective.
In the preface to the issue, as quoted below, chief editor and publisher Bui Tyril gives a brief summary of its contents.
Our cover story this time around is dedicated to energy and the global footprint of the Nordic oil and gas industry. This is indeed a fascinating story and an industry that is highly impressive, not least in its technological capabilities.
As oil and gas have to be extracted in more and more distant areas and increasingly extreme environments, it takes a great deal of specialized skill, expert knowledge and state-of-the-art technology — not to mention huge amounts of capital — to participate in that game.
But the world is hungrier than ever for energy as more countries are pushing forward for economic and industrial development. This underscores the urgency of finding economically viable ways of getting energy from renewable sources — sustainability is a multifaceted concept that covers ecological, environmental, economic and social aspects.
Energy resources are clearly seen as a strategic asset in a geopolitical perspective and as the BRICS economies gain more clout, signs are the center of gravity is shifting toward the east. Russia, the world’s largest producer of natural gas, is at the heart of this process and has installed giant transnational pipelines as part of its vast delivery infrastructure.
The Nordics are involved in the development of energy production in every continent and the significance of this should not be underestimated. Again it goes to show that the world is becoming more and more globally interdependent.
In today’s business environment, consolidation across industries is commonplace. This is certainly true of the ports and logistics sector, as highlighted in our story on the Scandinavian ports.
We discuss this and much more in this issue — including public policies on business and how small and medium-sized businesses are fighting in Brussels to right numerous imbalances that have placed them at a disadvantage over the years.
And last but not least, we take a look at the Nordic Noir phenomenon — how Nordic crime fiction has conquered the world and what the prospects might be for this industry going forward. Have a nice reading.