Norway oil, gas firms raise 2022 investment forecasts

Orron Energy AB

27/05/2022 07:04

OSLO, May 27 (Reuters) - Norway's oil and gas firms have
raised their investment forecasts for 2022 as they take
advantage of high petroleum prices and tax incentives to boost
activity, a national statistics office (SSB) survey showed on
Friday.
    The biggest business sector in Norway now expects to invest
167.2 billion Norwegian crowns ($17.57 billion) in 2022, up from
a forecast of 159.5 billion crowns made in February, SSB said.
 urn:newsml:reuters.com:*:nL8N2US283
    ($1 = 9.5144 Norwegian crowns)

 (Reporting by Terje Solsvik; Editing by Jan Harvey)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70))