Norway's cutbacks only a minor obstacle

Norway's Delayed and Deferred Field Development (35,188 bytes) Norway recently deferred 12 oil field developments and reduced oil exports as part of a plan to buoy crude prices, but these will not hold back a production boom for long. This is the view of Wood Mackenzie Consultants Ltd., Edinburgh, which said the cutbacks will be only a superficial wound for Norway's oil industry, rather than inflicting any lasting damage. "Norway has enjoyed six consecutive years of strong economic growth," said Wood Mackenzie, "and there has been a significant rise in oil and gas investment levels over the last 2 years. However, the economy is showing signs of overhea...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected