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One thing to remember about Norway and the Norwegian Continental Shelf oil and gas exploration story is not just the level of taxation but the way the access licensing was originally set up. The Government created a company called Statoil with the principle of 50 percent state participation...

Successful Australian companies are progressively being bought up by overseas based multinationals. They then ratify operations and manufacture in the least costly country, just employing distribution and support employees at a market level. It's all about the bottom line with no consideration...