Total investments in oil and gas activity offshore Norway, including pipeline transportation, are estimated to hit $23 billion (244 billion Norwegian crowns) this year, up by 5% compared to last quarter’s assessment, Statistics Norway said on Thursday. The latest forecast for 2024 for the sectors oil and gas, manufacturing, mining and quarrying, and electricity supply now suggests investments in these sectors combined would jump by around 30% this year compared to 2023. Last year, total investments in oil and gas extraction…
