Looking for a specific product?

Make a search for products & suppliers, articles & news.

High investments in oil and gas activity

The total investments in Norwegian oil and gas activity, including pipeline transportation, will be higher in 2012 than in 2011, and the growth is expected to continue in 2013.

According to new estimates for 2012 by Statistics Norway (SSB), the total investments in oil and gas activity, including pipeline transportation, are expected to amount to NOK 180.6 billion measured in current value.

The estimate is slightly lower than that given for 2012 in the previous quarter, but is 18.4 per cent higher than the corresponding result for 2011. The estimate for 2013 is adjusted upward to NOK 207.8 billion; 12.6 per cent higher than the corresponding estimate for 2012.

The increase for 2012 is due to higher investments in field development and fields on stream, while the estimate indicates a moderate decrease in exploration, onshore activity and pipeline transportation.

The estimated increase for 2013 is due to higher investments in exploration, field development and fields on stream.

Related news

Latest news

Eimskip strengthens its worldwide forwarding services by acquiring the logistics company SHIP-LOG A/S in Denmark

Eimskip has strengthened its position in worldwide logistics services by acquiring 75% of the freight forwarding company SHIP-LOG. 

For Sale Assets from the former BMV LAKSEVÄG YARD in Bergen, Norway!

For Sale Assets from the former BMV LAKSEVÄG YARD in Bergen, Norway! The entire shipbuilding and fabricating facility is closing and more than 500 lots is on sale.

Servogear CPP for Seasight II - Future of the Fjords

We are proud to announce that Servogear has been chosen for the delivery of Servogear...

TechnipFMC Signs Agreement with Pall to Supply Slurry Oil Filtration Systems for Fluid Catalytic Cracking Units

The associated activities will be managed by TechnipFMC Process Technology’s center in Houston,

10 Million kroner for verification funding

The Norwegian Research Council has granted 10 million...

Hilti acquires Oglaend System Group

Oglaend System’s headquarters will remain in Klepp, 

DOF Subsea AS ("DOF Subsea" or the "Company") today announces its intention to launch an initial public offering (the "IPO") of its ordinary shares and to apply for a listing on Oslo Børs

NOT FOR DISTRIBUTION OR RELEASE,

DOF Subsea North America extends charter for Jones Act Compliant vessel Harvey Deep Sea

The Harvey Deep Sea Vessel is a Multi-Purpose DPII Construction,

Untrue rumours about an on-going incident at the Halden Research Reactor in Norway

The Norwegian Radiation Protection Authority has become aware that stories about an ongoing incident involving a “meltdown” at the Norwegian Institute for Energy Technology (IFE) reactor situated in Halden are currently ci...