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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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