Noreco wants to invest more money in the North Sea

Norwegian Noreco is preparing three development projects in the Danish North Sea but is also looking to acquire operational oil fields. It's highly unlikely that the company will avoid being impacted by Covid-19, says Chair Riulf Rustad.
Photo: PR / Noreco
Photo: PR / Noreco

The Danish North Sea oil sector's second-largest player, Norway's Noreco, is ready to add new activity and capital to the country's oil industry following a period with underwhelming investment interest in domestic oil – irrespective of the pandemic.

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