Norwegian Continental Shelf emerging as an increased opportunity for investment

In February 2002 the Norwegian Petroleum Directorate (NPD) launched a campaign to promote the Norwegian sector to new-entry exploration and production firms.Building on the success of the UK Department of Trade and Industry's efforts to attract new players to the UK Continental Shelf (UKCS), the Norwegian authorities are targeting the same North American firms that have recently entered the UK North Sea, such as Houston-based Apache Corp. and Calgary firms Canadian Natural Resources Ltd. (CNR), EnCana Corp., and PetroCanada.Planned marketing events this year at the Offshore Technology Conference in Houston and Offshore Northern Seas in Stavanger, will see for the first time a targeted...

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