Norway bolsters oil-industry defenses against foreign takeovers

Russia seems to be interested in Norway's oil industry, prompting the Scandinavian country to seek out ways of restricting foreign access to ownership of its offshore fields.
Photo: Ole Jørgen Bratland - Statoil
Photo: Ole Jørgen Bratland - Statoil
BY MIKAEL HOLTER, BLOOMBERG

Norway is seeking greater leeway to restrict foreign ownership of its offshore fields, a move seen to be potentially targeting a growing Russian interest in its resources.

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