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Norway's oil, gas firms raise investment forecasts

OSLO, Nov 17 (Reuters) - Norway's oil and gas firms have raised their investment forecasts for 2022 and 2023 as more development plans are being made, a national statistics office (SSB) survey showed on Thursday. The country's biggest business sector now expects to invest 175.3 billion Norwegian crowns ($17.50 billion) in 2022, up from a forecast of 172.8 billion made in August, the SSB said.
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Norway's oil, gas firms raise investment forecasts

OSLO, Nov 17 (Reuters) - Norway's oil and gas firms have raised their investment forecasts for 2022 and 2023 as more development plans are being made, a national statistics office (SSB) survey showed on Thursday. The country's biggest business sector now expects to invest 175.3 billion Norwegian crowns ($17.50 billion) in 2022, up from a forecast of 172.8 billion made in August, the SSB said.
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Norway's oil, gas firms raise investment forecasts

OSLO, Aug 18 (Reuters) - Norway's oil and gas firms have raised their investment forecasts for 2022 and 2023 as they plan to explore more and develop new projects, a national statistics office (SSB) survey showed on Thursday. The country's biggest business sector now expects to invest 172.8 billion Norwegian crowns ($17.7 billion) in 2022, up from a forecast of 167.2 billion made in May, the SSB said.
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Norway oil, gas firms raise investment forecasts

OSLO, Aug 18 (Reuters) - Norwegian oil and gas firms have raised their investment forecasts for 2022 and 2023 as they plan to explore more and develop new projects, a national statistics office (SSB) survey showed on Thursday. The biggest business sector in Norway now expects to invest 172.8 billion Norwegian crowns ($17.7 billion) in 2022, up from a forecast of 167.2 billion crowns made in May, SSB said.
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Norway oil and gas workers end strike as government steps in

* Government has power to intervene * Strike was set to gradually escalate during the week * Gas exports could have been cut by almost 60% * Impact on Europe would have been dramatic -minister By Gwladys Fouche, Nora Buli and Victoria Klesty OSLO, July 5 (Reuters) - The Norwegian government on Tuesday intervened to end a strike in the petroleum sector that had cut oil and gas output, a union leader and the labour ministry said, ending a stalemate that could have worsened Europe's energy supply c
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Iraq's Kurdistan works to establish two oil firms as Erbil-Baghdad tensions rise

By Rowena Edwards June 17 (Reuters) - Iraq's Kurdistan Regional Government (KRG) is working to establish two oil firms, the latest move in the battle between Erbil and Baghdad to control the oil sector in the semi-autonomous region. The KRG's new oil firm KROC would specialise in oil exploration, while the second - KOMO - would focus on oil exports and marketing from the semi-autonomous region, a spokesperson said in a statement on Friday.
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Norway oil and gas firms raise 2022 investment forecasts

* 2022 investment f'cast raised by 4.8% to NOK 167 bln * Pandemic-era tax breaks to boost plans for coming years * High oil investments underpin Norway rate hikes By Terje Solsvik OSLO, May 27 (Reuters) - Norway's oil and gas companies have raised their investment forecasts for 2022 as they take advantage of high petroleum prices and tax incentives to boost activity, a national statistics office (SSB) survey showed on Friday.
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Norway oil, gas firms raise 2022 investment forecasts

OSLO, May 27 (Reuters) - Norway's oil and gas firms have raised their investment forecasts for 2022 as they take advantage of high petroleum prices and tax incentives to boost activity, a national statistics office (SSB) survey showed on Friday. The biggest business sector in Norway now expects to invest 167.2 billion Norwegian crowns ($17.57 billion) in 2022, up from a forecast of 159.5 billion crowns made in February, SSB said.
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Norway plans to expand Arctic oil and gas drilling in new licensing round

By Terje Solsvik OSLO, March 17 (Reuters) - Norway will offer new licenses to drill for oil and gas in its oceans, including previously unexplored acreage in the Arctic, the government said on Thursday, welcome news to Western nations keen to reduce their dependence on Russia. "Access to new, attractive exploration acreage is a pillar in the government's policy for further development of the petroleum industry," Minister of Energy and Petroleum Terje Aasland said in a statement.
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Norway announces new oil and gas licensing round in mature areas

OSLO, March 17 (Reuters) - Norway offered new licenses to explore for oil and gas in mature areas of its oceans on Thursday, the government said, part of a plan to extend the country's production of hydrocarbons for decades to come. "New discoveries are crucial for ensuring jobs, value creation and production," Minister of Energy and Petroleum Terje Aasland said in a statement.
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Norway awards 53 new petroleum production licences

OSLO, Jan 18 (Reuters) - Norway awarded 53 new petroleum production licences on the Norwegian continental shelf in the latest licensing round for mature areas, the oil and energy ministry said on Tuesday. Stakes were offered to 28 oil companies in the so-called APA 2021 round offering offshore licences for exploring and producing petroleum, including 5 licences in the Arctic Barents Sea, the ministry said.
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Norway oil and gas output to rise 9% by 2024, regulator says

By Nerijus Adomaitis OSLO, Jan 13 (Reuters) - Norway is set to boost its petroleum output by more than 9% by 2024 buoyed by a jump in investment in the country's biggest export sector, data from the Norwegian Petroleum Directorate (NPD) showed on Thursday. Norway expects oil companies to submit "dozens" of new investment plans this year, up from eight in 2021, as they take advantage of tax incentives introduced by parliament.
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Norway oil and gas output to rise 9% by 2024, regulator says

OSLO, Jan 13 (Reuters) - Norway's total petroleum output is expected to grow over the next three years as oil and gas output expand, the Norwegian Petroleum Directorate said on Thursday. The combined volume is expected to rise to 4.33 million barrels of oil equivalent in 2024, a rise of 9.1% from the preliminary 2021 reading of 3.97 million barrels, NPD forecasts showed.
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Norway oil and gas output to rise 9% by 2024, regulator says

OSLO, Jan 13 (Reuters) - Norway's total petroleum output is expected to grow over the next three years as oil and gas output expand, the Norwegian Petroleum Directorate said on Thursday. The combined volume is expected to rise to 4.33 million barrels of oil equivalent in 2024, a rise of 9.1% from the preliminary 2021 reading of 3.97 million barrels, NPD forecasts showed.
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