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Friday, 16 August 2013

Norway Oil and Gas Report Q3 2013:Energy & Power Market Research Reports

Energy & Power Market Research Reports
 
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Norway Oil and Gas Report Q3 2013
Aug 14th 2013, 00:00, by rnrmahesh

BMI View: Oil production in Norway may be in decline, but the country retains considerable upside gas potential and should continue to be a major force in European energy supply for decades to come. Discoveries of considerable size are clearly still possible in mature areas, as demonstrated by the giant Johan Sverdrup and surrounding oil finds that continue to be made. This, and fresh prospective acreage offered in the Barents Sea, should stimulate new investment from domestic and foreign operators, slow a decline in oil output and spur on gas production within our 10-year forecast period. The main trends and …

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