Norway oil investment to rise in 2019 before sliding: lobby


By Nerijus Adomaitis
Reuters
A view of Equinor's oil platform in Johan Sverdrup oilfield in the North Sea, Norway August 22, 2018. REUTERS/Nerijus Adomaitis

A view of Equinor's oil platform in Johan Sverdrup oilfield in the North Sea

A view of Equinor's oil platform in Johan Sverdrup oilfield in the North Sea, Norway August 22, 2018. REUTERS/Nerijus Adomaitis
By Nerijus Adomaitis
OSLO (Reuters) - Oil and gas investment in Norway is expected to grow for a second year in a row in 2019 but will fall back between 2020 and 2023, an industry lobby group said on Monday.
Western Europe's largest oil producer has seen a recovery in oil industry activity thanks to higher crude prices, after a slump in 2014-2016.

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