Norway 2023 oil investments set to jump after project rush

Kitco Media
By Reuters
Published:
Updated:
Reuters
OSLO, Feb 16 (Reuters) - Norway's oil and gas firms have sharply raised their investment forecasts for 2023 after proposing more than a dozen new projects at the end of last year, a national statistics office (SSB) survey showed on Thursday. The country's biggest business sector now expects to invest 187.8 billion Norwegian crowns in 2023, up from a forecast of 149.7 billion made in November, the SSB said. (Reporting by Nerijus Adomaitis; editing by Terje Solsvik)

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