Oil policy pundit acclaimed

The Norwegian Petroleum Society (NPF) has presented its prize for 2012 to Petter Osmundsen, professor of petroleum economics at the University of Stavanger (UiS).

Osmundsen has been [honoured] for his long-standing involvement in and contribution to putting important oil policy issues on the agenda,” said NPF chair Egil Bergsager.

He was speaking during the presentation of the NPF Prize at the annual oil industry policy seminar held in Sandefjord south of Oslo in February.

The highest award made by the Norwegian oil sector, it is presented annually to a person or institution for helping to put important issues for the industry on the national agenda through their work and/or commitment.

NPF members nominate candidates for the prize. Enhancing understanding of and knowledge about the industry’s importance is a key consideration when selecting a winner.

The final choice is made by a broadly composed committee.

“Osmundsen has been a very active contributor to increasing knowledge and understanding of social aspects related to petroleum and energy through both research and debate,” said Bergsager.

“[These debates have been pursued] in the press, professional fora, conferences and seminars. At the same time, he has succeeded in pursuing active research.”

Bergsager also gave particular emphasis to the prize-winner’s knowledge, professional weight, drive and great capacity for work.
Osmundsen works in the department of industrial economics, risk management and planning of the Faculty of Science and Technology at the UiS.

The professor’s earlier honours include the Lyse Energi research prize and the Stavanger Forum prize for communication.

Portrait photo of Petter Osmundsen

Petroleum economist Petter Osmundsen has won his latest in a string of prizes.