Norway oil industry raises 2026 investment outlook, survey shows

Var Energi ASA

13/08/2026 07:06

OSLO, Aug 13 (Reuters) - Norwegian oil and gas companies have raised their projected investments for 2026 and 2027 compared with estimates made three months ago, a quarterly industry survey showed on Thursday.
The Nordic country's biggest business sector now expects to invest 275 billion Norwegian crowns ($28.97 billion) in 2026, up from 266 billion seen in May, and compared to a record 273 billion crowns last year, the statistics office (SSB) survey showed.    
($1 = 9.4935 Norwegian crowns)

 (Reporting by Nerijus Adomaitis, editing by Terje Solsvik)
 ((nerijus.adomaitis@thomsonreuters.com; +47 9027 6699; Reuters Messaging: nerijus.adomaitis.thomsonreuters@reuters.net))