Norway's New Oil Minister Expects More Investment Decisions This Year

Reuters

OSLO, Jan 9 (Reuters) - Norway's oil minister believes energy firms will sanction more projects this year compared to 2016, when five field development plans were presented to authorities for approval, he told Reuters on Monday.

"I don't have an exact number (for the number of development plans), but we must exceed what we had in 2016," said Terje Soeviknes, who was appointed as oil minister in December.

(Reporting by Ole Petter Skonnord, writing by Stine Jacobsen, editing by Terje Solsvik)

Copyright 2017 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
Field Project Assistant
Expertise: Project Management
Location: Midland, TX
 
Tax Specialist Required for Global Service Company in Houston
Expertise: Accounting
Location: Houston, TX
 
Administrator / Office Supervisor
Expertise: Accounting
Location: Sugar Land
 
search for more jobs

Brent Crude Oil : $52.42/BBL 2.12%
Light Crude Oil : $49.51/BBL 2.35%
Natural Gas : $3.17/MMBtu 2.25%
Updated in last 24 hours