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More Norwegian firms to invest in Malaysia, says envoy


Norwegian oil and gas producers, such as Statoil ASA, had scaled down their operations as the O&G sector went through tough times. - Reuters pic

Norwegian oil and gas producers, such as Statoil ASA, had scaled down their operations as the O&G sector went through tough times. - Reuters pic

KUALA LUMPUR: The number of Norwegian companies in Malaysia is expected to increase in the next two to three years from the existing 50 as Malaysia is seen as an important market for the Scandinavian country, especially in oil and gas (O & G) sector.

Norwegian ambassador to Malaysia, Gunn Jorid Roset, said the Norwegian firms’ interests to invest in Malaysia remained strong and the bilateral trade was also expected to remain in upward momentum.

Investment , Oil & Gas , Norway

   

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