Statistics Norway sees record investment in oil and gas activity in 2014

Statistics Norway sees record investment in oil and gas activity in 2014 Statistics Norway is expecting a record €25.2 billion investment in 2014 with Norway planning to step up its attempt to maintain production on current levels.

According to Statistics Norway, total investments in oil and gas activity in 2014, including pipeline transportation, are now estimated at NOK 223.3 billion (€25.2 billion); an increase of NOK 8.2 billion compared with the estimates given in the previous quarter. Continue reading