Norway's oil industry trims 2019 investment forecast


Oil and gas companies working in Norway have slightly cut their 2019 investment forecasts since May, a survey by the country's statistics agency (SSB) showed on Thursday.

OSLO: Oil and gas companies working in Norway have slightly cut their 2019 investment forecasts since May, a survey by the country's statistics agency (SSB) showed on Thursday.

While 2019 investments are still forecast to hit a four-year high, it is too early to tell whether the industry will see a further increase in 2020, SSB added.

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