Norway’s Oil Industry Raises 2026 Investment Forecast ...Middle East

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Norway’s Oil Industry Raises 2026 Investment Forecast
source : OILPRICE ( Middle East ) () 60
Energy operators offshore Norway expect to invest $24.8 billion (249 billion Norwegian crowns) in oil and gas activities next year, Statistics Norway’s latest quarterly survey showed on Thursday.   The estimate is $1.9 billion higher compared to the previous quarter’s forecast, mainly driven by higher forecasts of investments in field development and operating fields, the Norwegian statistics office said.  The increased estimate of investment in field development is chiefly pushed up by higher costs being reported for…

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