Offshore

2019 was the last big investment year for Norway's oil sector

2019 was probably the last year to feature a true oil boom in Norway, writes DNB Markets in a new report. After 2020, the bank expects negative development in the scale of investments.
Photo: INTS KALNINS/REUTERS / X02120
Photo: INTS KALNINS/REUTERS / X02120
by TOMAS KRISTIANSEN

The final real oil boom in Norway has already taken place, at least according to the latest report from DNB Markets and its outlook for the country's economy in the coming years.

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