Wood Mackenzie

Europe in Brief E09 - Norway’s upstream activity gets a boost

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Sinopse

In this podcast Jessica Brewer is joined by Erin Moffat from our North Sea upstream team and Mhairidh Evans from our Cost Centre of Excellence to provide an update on activity in Norway’s upstream sector. The temporary tax terms introduced in June have incentivised investment in Norway’s upstream sector. Activity has ramped up, with a number of projects already sanctioned and many more working towards FID before the end of 2022 deadline.