Norway Oil & Gas Report Q1 2013 - New Market Study Published
BMI View: Oil production in Norway may be in decline, but the country retains considerable upside gas potential and should continue to be a major force in European energy supply for decades to come. Discoveries of considerable size are clearly still possible in mature areas, as demonstrated by the giant Johan Sverdrup and surrounding oil finds that continue to be made. This, and fresh prospective acreage offered in the Barents Sea, should stimulate new investment from domestic and foreign operators,...
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