When Centrica Energy set out its plans to grow its upstream business by 50% in three to five years in late 2011, it already had Norway in mind as a key area of growth.
Investment in oil and gas exploration and production offshore Norway could reach £20.8 billion in 2013, according to new data.
Confidence among oil and gas firms in the North Sea jumped to the highest level since 2009 after a boost from the Budget, it will be revealed today.
Oil and gas industry bosses have forecast improved performances and higher levels of investment this year despite concerns over global economic instability, a new report says.
Activity on the Norwegian Continental Shelf (NCS) is predicted to be high and keep rising over the next few years - but not without industry and government commitment, according to Norway's oil industry association.
Activity on the Norwegian continental shelf (NCS) is predicted to be high and keep rising over the next few years but not without industry and government commitment, according to Norway's oil industry association.
The quoted oil&gas sector may have finished 2009 on a dull note, but it still managed to outperform the broader market in Q4.
An online data store which should help to maximise recovery of the UK's oil and gas reserves was launched yesterday.