| dc.description.abstract | Since the middle of the 1960s, the Norwegian oil industry has been a major source of investments, earnings, and value creation for the whole country. Operating in the upstream logistics of the sector, offshore support vessels (OSVs) are essential for supporting installations throughout the Norwegian continental shelf. This assignment looks at Norwegian OSV companies which are involved in this industry. Fifteen such companies were found after thorough searches and cooperation with industry workers. Using a mixed-methods approach, the study looks into critical success factors (CSFs) in the Norwegian OSV industry. After a thorough document review, 27 CSFs were identified and placed into 11 major categories. These included strategic management, reputation, regulatory, supplier management, bidding process, workforce, innovation, competitiveness, operations, financial, and environment.
The study highlighted how important it is to uphold strict operational standards, with the highest priority going to operational quality. Qualified staff, risk reduction, cost effectiveness, and sustainability initiatives were further important variables. Even while some criteria, such as environmental licensing fees and collaboration with universities, were considered relevant, their immediate influence was restricted, therefore they were ranked lower. All things considered, these results highlight how important it is for maritime companies to put safety, effectiveness, and trustworthiness first in order to secure long-term success in the offshore support vessel industry. | |
