Norway oil industry expects to make record high investments in 2025

TGS ASA

27/05/2025 07:00

COPENHAGEN, May 27 (Reuters) - Norwegian oil and gas investments are expected to hit a new record this year, a statistics office survey of industry players showed on Tuesday.

The country's biggest business sector now expects to invest 269.1 billion Norwegian crowns ($26.62 billion) in 2025, up from a 253.8 billion crowns estimate in February and compared to 251.2 billion last year.

($1 = 10.1049 Norwegian crowns)

 (Reporting by Stine Jacobsen, editing by Louise Rasmussen)

 ((stine.jacobsen@thomsonreuters.com; +45 2156 90 10;))