Market Report, "Norway Oil & Gas Report Q1 2014", Published
Although oil output is on track to register its 12th consecutive year of decline on an annual basis, the fall should be less pronounced than the previous year's 8%. With a strong response to licensing rounds, high levels of investment, highly prospective frontier acreage, and discoveries in mature areas, Norway retains a number of strengths and opportunities despite the continued downtrend in production. However, we note that as new projects come online from the end of the decade, production is...
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