EnergyWatch

Oil companies will boost investments on Norwegian shelf

Oil companies operating in the Norwegian part of the North Sea expect to increase their investments by NOK 10 billion in 2019, according to the latest figures from Statistics Norway.

Photo: PR-foto: Statoil

Oil companies' investments on the Norwegian shelf could grow to NOK 165.1 billion (USD 19.7 billion) in 2019.

The latest numbers from Statisics Norway show that the oil companies active in the Norwegian part of the North Sea plan to increase their combined investments in oil and gas, including pipeline transportation, by NOK 10 billion next year.

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