EnergyWatch

Oil investments in Norway on the way up again

Investments in installation and the operation of Norwegian oil fields will increase this year and again next year, show new figures from the Norwegian bureau of statistics.

Photo: Aker BP

This year, Norwegian investments in oil and gas fields will reach up to NOK 156.5 billion, an increase from last year, according to a new report from Norwegian central statistics bureau, Statistisk Sentralbyrå.

The level for investments is thus on the way up, after declining since 2014 in step with the oil price.

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