Norway surges amid exploration decline

THE level of new discoveries may be at its worst in 70 years, caused by years of low oil prices and a lack of investment outside the oil shale business, but Norway appears to have bucked the trend for declining developments last year.

Norway surges amid exploration decline Norway surges amid exploration decline Norway surges amid exploration decline Norway surges amid exploration decline Norway surges amid exploration decline
According to data collated by the Norwegian Petroleum Directorate, offshore Norway showed a clear turnaround in the offshore industry's willingness to commit to developing new discoveries, making