American investors pull out of the North Sea
Towering salaries and high taxes. Maintaining a presence on the massive Norwegian offshore market is has its downsides too, especially if looking from a foreign investment perspective. And this is exactly what cheif economist Marianne Kah of American energy company ConocoPhillips did at an oil industry political seminar in Sandefjord, Norway, according to newspaper Dagens Næringsliv.
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