Norway now "one of hottest offshore oil markets" ­ Woodmac

According to analyst firm Wood Mackenzie, the Norwegian offshore market has gained momentum. However, challenges are looming on the horizon.
Photo: Wintershall
Photo: Wintershall

While the global offshore market suffers from declining oil prices, the effects have been less negative for the Norwegian offshore industry. In fact, things are looking up for Norway, according to analyst firm Wood Mackenzie.

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