LNG

Energy companies operating in and around  Norway expect to invest a record NOK275 bill ($24.68 bill) in 2025, up from NOK263.7 bill this year, according to Offshore Norge, the industry association this week.

This figure is more than was originally forecast, as the industry group had predicted that oil and gas investments for 2024 and 2025 would total NOK240 bill and NOK225.9 bill, respectively.

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