Norway oil, gas firms raise investment forecasts
18/08/2022 07:00
OSLO, Aug 18 (Reuters) - Norwegian oil and gas firms have
raised their investment forecasts for 2022 and 2023 as they plan
to explore more and develop new projects, a national statistics
office (SSB) survey showed on Thursday.
The biggest business sector in Norway now expects to invest
172.8 billion Norwegian crowns ($17.7 billion) in 2022, up from
a forecast of 167.2 billion crowns made in May, SSB
said. urn:newsml:reuters.com:*:nO9N2W2013
Next year's investments are seen at 135.3 billion crowns, up
from the previous view of 130.6 billion crowns, but the figure
is expected to increase as companies plan to approve more
projects by the end of this year, it added.
($1 = 9.7468 Norwegian crowns)
(Reporting by Nerijus Adomaitis, editing by Terje Solsvik)
((nerijus.adomaitis@thomsonreuters.com; +47 9027 6699; Reuters
Messaging: nerijus.adomaitis.thomsonreuters@reuters.net))