Insight
Norway Upstream - Outlook for 2015
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Report summary
The impact of the oil price drop on Norway will be widespread in 2015. Investment will be down at least 25% from high levels in 2014. Added to this, there will be less exploration drilling and fewer deals done, as companies seek to save money. On the positive side, we can expect oil and gas production to increase, a final investment decision on Johan Sverdrup and several new fields brought onstream.
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