Norway Warns Oil Companies Against ‘Unacceptable’ Project Delays
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Norway, western Europe’s biggest oil and gas producer, warned companies that “unacceptable” delays to offshore projects risk damaging the goodwill they currently enjoy from the government.
Scrapping or delaying time-critical projects designed to boost recovery rates at fields in operation are not viable options for cutting costs, Prime Minister Erna Solberg said today at a conference in Fornebu, near the capital, Oslo.