Norway approved on Wednesday the development of 19 offshore oil and gas projects worth more than $18.5 billion (200 billion Norwegian crowns) in investments, as Western Europe’s top oil and gas producer looks to sustain the high production from its continental shelf. The 19 projects approved today include new developments, additional development of producing oil and gas fields, and investments to increase resource recovery in producing fields, the Norwegian Ministry of Petroleum and Energy said. The projects are being led by Aker BP, Equinor,…
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