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Norway oil firms raise 2022 investment forecasts

11/18/2021 | 02:02am EST

OSLO, Nov 18 (Reuters) - Oil and gas firms in Norway have increased their 2022 investment forecasts during the last three months as the industry prepares to take advantage of tax incentives designed to boost activity, a national statistics office (SSB) survey showed on Thursday.

The biggest business sector in Norway now expects to invest 154.4 billion Norwegian crowns ($17.6 billion) next year, up from a forecast of 142.0 billion in August, SSB said. ($1 = 8.7551 Norwegian crowns) (Reporting by Terje Solsvik, editing by Nora Buli)

ę Reuters 2021
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ChangeLast1st jan.
AKER BP ASA -0.55% 305.3 Real-time Quote.13.03%
AKER SOLUTIONS ASA 0.52% 24.98 Real-time Quote.6.29%
DNO ASA 1.06% 12.835 Real-time Quote.21.47%
ENI S.P.A. -0.86% 13.31 Delayed Quote.9.82%
EQUINOR ASA 1.02% 252.25 Real-time Quote.5.85%
LUNDIN ENERGY AB (PUBL) -0.11% 367.7 Delayed Quote.13.37%
PGS ASA 1.20% 4.384 Real-time Quote.18.04%
SUBSEA 7 S.A. 2.11% 73.52 Real-time Quote.13.96%
TGS ASA -1.60% 104.8 Real-time Quote.25.92%
TOTALENERGIES SE -1.03% 50.76 Real-time Quote.14.86%
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