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Norwegian oil companies expect big surge in investments

Billion dollar investments in the Norwegian oil sector is headed for a significant surge, projects the Norwegian Oil and Gas Association.

Photo: Statoil

The Norwegian Oil and Gas Association takes its optimism about future oil investments in Norway up a notch.

The industry association expects that the investment level will reach NOK 184.5 billion (USD 21.5 billion) in 2019, according to a new analysis.

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