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

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.

“Momentum in the Norwegian market means that the Norwegian continental shelf is leading and one of the world’s hottest offshore markets right now,” says Mhairidh Evans, senior research analyst at Wood Mackenzie.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Evli Q1 more impacted by markets than outflow

The market turmoil in the first three months of the year has had more of an effect on Evli than outflows, though the fact that international investors have pulled out of Evli’s corporate bond fund has been felt.

Further reading

Latest news

AMWatch job

See all jobs

See all jobs

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch