FULL DEVELOPMENT AGENDA TAKES SHAPE FOR PROJECTS OFF NORWAY

Norway has a broad menu of development projects approved by the government or under review. Figures released by the Norwegian Petroleum Directorate (NPD) show that oil and gas reserves totaling 1.3187 billion metric tons lie in fields approved for development on the Norwegian continental shelf. Another 1.0794 million tons of oil equivalent reserves he in discoveries currently under evaluation. These figures compare with initial reserves in producing fields estimated at 2.0648 tons of oil