Recent Study: Norway Oil & Gas Report Q4 2013
Although output is on track to register its 11th 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, 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 form the end of the decade, production is on track to rebound. With...
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