Norwegian Petroleum Directorate: 3 tough years ahead

After many years of declining investments on the Norwegian Shelf, the Director General of Norwegian Petroleum Directorate, Bente Nyland, projects that the tide will turn in 2019, and then investments will increase moderately.

BY CHRISTIAN BARTELS

The Norwegian Petroleum Directorate expects continued low investments on the Norwegian Shelf, until the development turns, and the investments are expected to increase starting in 2019, according to a statement on the directorate's website, which was released Thursday.

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