Special Report: Norway outlines strategy to attract oil, gas investment

The Norwegian government has launched an initiative to garner increased foreign investment in its oil and gas sector.The government in June published a "white paper" that outlines a strategy for securing such investment. It also calls for a greater emphasis on technology to develop and sustain production for its maturing fields, especially along Norway's continental shelf (NCS). Norway's Minister of Petroleum and Energy, Einar SteensnæsClick here to enlarge image"Norway has a potential for maintaining its oil production for another 50 years and its gas production for another 100 years. Such a long-term development course will provide large income for the Norwegian society but i...

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