The Story of Norway: From Viking Raiders to Modern Wealth — Fexingo History
In December 1969, a Phillips Petroleum rig called the Ocean Viking struck oil in the North Sea, turning Norway from a struggling maritime economy into one of the world's wealthiest nations. This episode traces the Ekofisk discovery from the risky drilling gamble to the political shockwaves that followed. We explore how a tiny Nordic country navigated the resource curse, setting up Statoil and crafting the world's most famous sovereign wealth fund. Along the way, we look at the 1972 EEC referendum that hinged on oil independence, the '10 commandments' for petroleum policy, and why Norway chose to invest for the future rather than spend the boom. From the first test well to a trillion-dollar nest egg, this is the story of how black gold reshaped a nation. No myth, just the cautious, deliberate path to modern wealth. #Ekofisk #NorthSeaOil #NorwayOil #OceanViking #PhillipsPetroleum #OilDiscovery #Statoil #Equinor #1972Referendum #SovereignWealthFund #GvernmentPensionFundGlobal #NorwegianEconomy #1969 #ResourceCurse #OilAndGas #PetroleumHistory #History #FexingoHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]
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