Norwegian tax cuts could create boom in oil projects in 2022

In a new analysis, bank SEB expects more investment decisions on the Norwegian shelf in 2022. Tax cuts for the country's offshore sector particularly factor in.

Photo: Reuters Staff/Reuters/Ritzau Scanpix

by IDHA TOFT VALEUR

There could be a de facto boom in store for oil projects on the Norwegian continental shelf next year, if one asks SEB.

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