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EnergyHighly SpeculativeMid CapTurnaround

Norway 2023 oil investments set to jump after project rush

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)
 ((nerijus.adomaitis@thomsonreuters.com; +47 9027 6699; Reuters
Messaging: nerijus.adomaitis.thomsonreuters@reuters.net))

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