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Norwegian oil investments break all records in 2013

The Norwegian oil companies will most likely reach new heights in 2013 during which the investments will reach 211.3 billion Norwegian kroner, the highest level of investments ever, according to new numbers from the Norwegian statistics bank Statistisk Sentralbyrå (SSB). In 2014, however, the level seems to drop a little.

The billions keep coming into the Norwegian offshore fields in which the investments in energy recovery continue to break records. That is also the case in 2013; the expectation for the entire year is now 211.3 billion Norwegian kroner (NOK), the highest level ever, according to new numbers from the Norwegian statistics bank Statistisk Sentralbyrå (SSB), which gathers the expectations for the oil companies’ coming investments.

According to Dagens Næringsliv, the biggest investment will be placed in fields that are already operating while field extensions, exploration, and pipeline conveyance systems are also in focus.

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